Search Results for: Euro area
Gold – Eases Below $1300
August 19th, 2014
Gold for Tuesday, August 19, 2014 Over the last couple of days Gold has been easing lower back towards the $1300 level and has just slipped just below that level of the last day or so. In the last ...
Carney’s Committee Diverges on Wage-Growth Confusion
August 18th, 2014
Mark Carney’s focus on weak wages to keep record-low borrowing costs is up against one key foe: the strongest economic growth in the Group of Seven. Minutes of the Monetary Policy Committee’s July meeting this week will show how ...
Technical Analysis Gold – Steadies Around $1310
August 14th, 2014
Technical Analysis Gold for Thursday, August 14, 2014 To finish out last week Gold exhibited signs of a rejection pattern with its last red candlestick however it has remained quite steady throughout this week hovering around the $1310 level. ...
German Investor Confidence Slumps
August 13th, 2014
German investor confidence fell to the lowest level since 2012 as the crisis in Ukraine and a sluggish euro-area recovery damp the outlook for Europe’s largest economy. The ZEW Center for European Economic Research in Mannheim said its index ...
Being Pro-West Doesn’t Mean Being Anti-Russian
August 13th, 2014
The recent events in Ukraine and the resulting wave of sanctions, affecting all sides of the conflict, have once again intensified the long-running disagreement in Russia between pro-West and anti-West factions. Facebook is full of passionate arguments as yesterday’s ...
FCA Thematic Review: Best Execution and Payment for Order Flow (‘PFOF’)
August 12th, 2014
Financial Conduct Authority (FCA) Thematic Review: Best Execution and Payment for Order Flow (‘PFOF’) FCA thematic review of best execution and Payment for Order Flow (‘PFOF’) found that many firms do not understand key elements of FCA requirements and ...
Aussie Tumbles as Jobless Surge Revives Rate-Cut Bets; Yen Falls
August 7th, 2014
Australia’s dollar fell by the most in a month as traders revived bets on central bank interest-rate cuts after the unemployment rate jumped to the highest level since 2002. The Aussie weakened at least 0.5 percent versus all of ...
HSBC bank’s half-year profits fall by 12%
August 4th, 2014
HSBC’s pre-tax profits fell by 12% in the first half of 2014 compared with the same period a year before. Profits were $12.34bn (£7.33bn), from $14.071bn twelve months earlier. During the half-year, the bank also put aside some $234m ...
Danske Bank Reprimanded by FSA for underestimating Risk of Loans
August 1st, 2014
Denmark’s financial regulator reprimanded Danske Bank A/S for underestimating the risk of losses in a part of its retail lending business. Denmark’s biggest lender couldn’t prove a group of consumer debt assets deserved a lower risk weighting than other ...
Russians worry over the growing sanctions from the West
July 31st, 2014
Russia confronts the biggest sanctions from the West since the Ukrainian crisis erupted and has therefore adopted a nonchalant public stance, with President Vladimir V. Putin emphasizing the importance of self-reliance and a new poll released Tuesday indicating a ...
