Search Results for: Fed
Where Next? A peek through the Macro Lens
October 9th, 2014
Financial markets have been on a heady ride since the financial crisis began in 2008. It looks like we are now at a very critical juncture which will define how things play out over the next 18-24 months. There ...
Prolonged German downturn could prompt stimulus rethink
October 8th, 2014
The last thing the faltering European economy would appear to need right now is a sudden downturn in Germany, hitherto the bloc’s pillar of strength. But a bout of German weakness may be precisely what is required to convince ...
Australia 200 – Trying to Rally Up From 5200
October 8th, 2014
Australia 200 for Wednesday, October 8, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
U.S. Said to Ready Charges Against Banks in Forex Rigging
October 8th, 2014
U.S. prosecutors are pressing to bring charges against a bank for currency-rate rigging by the end of the year, and actions against individuals will probably follow in 2015, according to people familiar with the probe. While federal prosecutors have ...
Rift opens among Eurozone leaders over Germany’s insistence on austerity
October 8th, 2014
With new signs of economic trouble emerging, what has been a guiding European economic principle for several years is facing open revolt. As Europe confronts new signs of economic trouble, national leaders, policy makers and economists are starting to ...
Consumer borrowing rise to record level
October 8th, 2014
Borrowing for auto and student loans jump but credit card borrowing drops regarding US economy. U.S. consumers increased their borrowing in August in the category that covers auto loans and student loans but cut back on their credit card ...
Twitter sues U.S. Government over user’s data reporting
October 8th, 2014
The social media giant wants to loosen restrictions on what it is allowed to tell users about government information requests. Twitter filed a lawsuit against the United States government on Tuesday, seeking to ease restrictions on public disclosures of ...
Asian shares edge up, dollar steadies after drop
October 7th, 2014
Asian shares rose on Tuesday, while the dollar languished after investors locked in some gains on its recent rally. “European equities are set to edge lower tracking modest declines in the US overnight. The small negative start belies the ...
BNP asks other banks for help as dollar clearing ban nears
October 7th, 2014
BNP Paribas has asked the help of at least three banks to clear certain energy transactions in U.S. dollars next year to make sure it can keep its energy trade finance division operating after a ban imposed for violating ...
U.S., UK regulators might settle Deutsche Bank Libor case this year
October 7th, 2014
U.S. and British regulators are in a plan to settle the Deutsche Bank AG (DBKGn.DE) Libor case in the next few months as they hope to extract major penalties from the bank for alleged manipulation of the benchmark interest ...