The proposed “merger of equals” between Australian exploration and production companies ROC Oil and Horizon Oil has been scotched by China’s Fosun International, which has emerged with a A$474 ... Read More
The government raised diesel prices by 50 paise on Friday and under-recoveries – the price differential between cost and selling price on every litre of diesel sold is now ... Read More
Japanese second quarter results season peaked last week with the Nikkei newspaper playing its role as broadcaster of results days in advance of the actual company announcements. Japanese regulators ... Read More
Investors breathed a sigh of relief on Monday after Portugal prevented the collapse of one of its biggest banks, putting some life back into European stocks following last week’s ... Read More
Technical Analysis USD/CHF for August 04, 2014 Pair’s Outlook The pair retreated some 30 pips after an impressive bullish run from Jul 15, but managed to stabilise before falling ... Read More
Technical Analysis USD/JPY for August 04, 2014 Pair’s Outlook USD/JPY took a severe blow from the resistance around 103 at the end of the last week, but the Buck ... Read More
Technical Analysis GBP/USD for August 4, 2014 Pair’s Outlook The Greenback underperformed relative to most of its main counterparts last Friday, but it nonetheless managed to gain more ground ... Read More
Technical Analysis EUR/USD for August 4, 2014 Pair’s Outlook Although the U.S. Dollar weakened because of the Friday’s data, none of the significant resistances have been broken, meaning the ... Read More
Procter & Gamble reported Friday a $11.6 billion profit for the fiscal year ended June 30 – up 3 percent from the same time last year. Sales rose 1 ... Read More
BOJ Defends Its Assessment of the Japanese Economy Bank of Japan Governor Haruhiko Kuroda defended the bank’s positive assessment of the economy on Friday. Data release out of Japan ... Read More
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