Search Results for: Dow industrials
Asia shares edge higher, oil tumbles to four-year low
November 27th, 2014
Asian stocks hit a one-month high on Thursday as investors bet that more central bank stimulus in China and Europe would shore up the global economy, while oil prices tumbled to a four-year low as hopes for output cuts by ...
Wall Street stoked over Alcoa earnings
July 9th, 2014
Alcoa unofficially kicked off earnings season with gusto Tuesday, delivering second-quarter results that smashed expectations. The aluminum giant reported an adjusted quarterly profit of 18 cents a share — 50% more than expected. The news boosted shares of Alcoa ...
Technical analysis and market psychology
June 16th, 2021
This article examines the relevance of technical analysis to today’s financial markets. Its genesis springs from two branches, Dow theory and the Elliott wave principal. Originally, Dow theory sprang from an attempt to discern the state of the ...
Gold prices rise as global stocks drop
October 19th, 2018
Gold has risen overnight as renewed weakness in global stock markets spurred investors to seek refuge in bullion, which has also been helped by an improved technical outlook. Spot gold rose 0.3 per cent to $US1,226.11 per ounce, while ...
Trade truce boosts the euro and hurts the US dollar
July 27th, 2018
The DXY dollar basket dropped to 94.08, down from a high of 95.65 last week. The dollar is under pressure from a range of negative drivers. Friday’s GDP print could be the blow off top for US growth and ...
Europe’s banks and industrial stocks sink as trade dispute deepens
June 26th, 2018
The latest episode in a trade dispute between the United States and other major economies sent European shares further into a funk on Monday with benchmarks down 0.8 to 1.2 percent and autos, basic resources and tech stocks the ...
Most major indexes in Asia made gains on Thursday
August 24th, 2017
Most major indexes in Asia made gains on Thursday despite Wall Street closing lower after a threat from President Donald Trump about a possible government shutdown. Most Asia markets climb following Wall Street dip on Trump government shutdown threat ...
Global law firm reveals FY17 results; Record global revenues
August 2nd, 2017
Global law firm Baker McKenzie has issued today a press release to announce revenues for the fiscal year ended 30 June 2017 (FY17). Below is the announcement a it was published: Baker McKenzie, the leading global law firm, has announced ...
Forget gold, silver is on fire and could hit $25/oz. by the end of 2016
July 7th, 2016
Silver has seen double the percentage gain of gold since Brexit Silver has outshined its sister metal since the U.K.’s decision to leave the European Union sparked turmoil in global equities markets, and the rally could lift the white ...
Asia-Pacific law firms enjoy biggest slice of IPO pie
March 25th, 2016
IPO activity is in a worldwide slump, but new research from accounting giant EY has shown that the Asia-Pacific region is still dominating in public listings. According to the latest EY report, the Asia-Pacific region accounted for 61 per ...
