Archives
Reserve Bank of New Zealand: Coordination of Monetary and Macro-Prudential Policies
March 27th, 2014
The Reserve Bank of New Zealand, sees a case to coordinate its monetary and macro-prudential policies, such as loan to value ratios, when the effects of those policies overlap, Deputy Governor Grant Spencer says in a speech today to ...
EUR/USD declines from weekly PP
March 27th, 2014
Pair’s Outlook EUR/USD remains trapped between the resistance at 1.3846/31, represented by the weekly PP and 20-day SMA, and the down-trend support line. And while most long-term technical indicators continue giving ‘buy’ signals, on the daily time-frame the outlook ...
GBP/USD probes monthly PP
March 27th, 2014
Pair’s Outlook The Cable stayed on a bullish path and, as a result, rose up to one of the key resistances. At the moment it is testing supply area at 1.6620/1.6581, which consists of various studies, such as monthly ...
USD/JPY under pressure from 55-day SMA
March 27th, 2014
Pair’s Outlook USD/JPY remains unable to penetrate supply zone created by the 20 and 55-day SMAs. Yesterday the moving averages even pushed the rate below the support at 102.07/00, forcing the monthly PP to come into play and prevent ...
Airbus to supply 70 jets to China, worth more than $10bn
March 27th, 2014
European aviation giant Airbus has signed a deal to supply 70 jets, worth more than $10bn (£6bn), to China’s state-owned purchasing agency. The deal had been on hold because of a row between the EU and outside countries over ...
‘Big six’ face competition inquiry
March 27th, 2014
Regulators will investigate whether the “big six” UK energy suppliers are preventing effective competition in the UK energy market. The investigation will be by the Competition and Markets Authority (CMA) and is expected to take 18 months. Regulators have ...
Mind the Non-GAAP
March 27th, 2014
Nontraditional financial metrics can shed valuable light on a company’s operations – or obscure its true condition. Normalized adjusted EBITDA less capex. Adjusted consolidated segment operating income. Adjusted EBITDA (as adjusted). Even enthusiasts of non-GAAP metrics have to admit ...
USD/CAD Daily Analysis – March 27, 2014
March 27th, 2014
USD/CAD broke below 1.1150 support and reached as low as 1.1080, indicating the uptrend from 1.1025 had completed. Deeper decline could be expected and next target would be at 1.1000 area. Resistance is at 1.1150, as long as this ...
SEC Probes Threat From Cyber Attacks Against Wall Street
March 27th, 2014
The U.S. Securities and Exchange Commission is examining the exposure of stock exchanges, brokerages and other Wall Street firms to cyber-attacks that have been called a threat to financial stability. The SEC held a roundtable discussion of those risks ...
GM Down 14% Shows Barra Challenges From Recalls to China
March 27th, 2014
Less than three months into her tenure as General Motors Co. chief executive officer, Mary Barra has more than recalls to worry about. GM shares are down almost 14 percent since Barra took the helm Jan. 15 through yesterday, ...
