Search Results for: US Fed
Commerzbank Shares Fall on News of Settlement Talks
July 8th, 2014
Shares in Commerzbank fell about 3.5 percent on Tuesday following news that Germany’s second-largest lender could be the latest European institution to settle with the American authorities over suspicions that it violated sanctions. The broader German stock market was ...
U.A.E. Bank Rules, EU Bank Legal Fees, Tibor: Compliance
July 8th, 2014
The United Arab Emirates may amend rules governing bank lending against shares after reviewing June’s stock price swings in Dubai and Abu Dhabi, the market regulator said yesterday. Representatives of the Securities and Commodities Authority, the central bank and ...
Dollar holds steady, takes breather after rally
July 8th, 2014
The dollar held steady versus a basket of major currencies on Tuesday, having retreated from the previous day’s near-two-week high, giving the euro a chance to get over an unexpected slump in German industrial output. The dollar index was ...
Canada-Dollar Bears Turn Bullish First Time in 16 Months
July 8th, 2014
Speculators have reversed bets that helped make the Canadian dollar the worst performer in the developed world, with sentiment swinging in the currency’s favor for the first time in 16 months as inflation quickens. Futures wagers by hedge funds ...
FX Volatility Remains Low, says Deutsche Bank
July 8th, 2014
Volatility in the foreign-exchange market will stay near quarter-century lows this summer before a potential late-year “shock,” according to Deutsche Bank AG’s Alan Ruskin. “The market is extremely complacent and we will get some sort of shock, probably in ...
Gold Below $1320 as Speculation Shifts to U.S. Rates
July 8th, 2014
Gold fell on Monday as the dollar firmed on speculation over an earlier-than-expected hike in U.S. interest rates following strong job data, which dented investment demand for the metal. Gold has been under pressure since data on Thursday showed ...
Central Banks Testing Limits of Monetary Policy
July 8th, 2014
The world’s major central banks are returning to a more opaque and artful approach to policymaking, ending a crisis-era experiment with explicit promises that they found risked their credibility and did not substitute for action. From Washington to London ...
Technical Analysis Gold – Indecision Resurfaces Under $1320
July 8th, 2014
Technical Analysis Gold for Tuesday, July 8, 2014 After pushing higher to a three month high above $1330 last week, gold has now just eased a little lower back to below $1320 and is showing more signs of indecision again ...
Germany Proposes a Road Tax Aimed Primarily at Foreigners
July 8th, 2014
The German government announced plans on Monday to charge a road-use fee on all cars using roads and highways in Germany, a measure aimed at the foreign-registered cars that make an estimated 170 million trips to and through the ...
Gold Extends Drop From 3-Month High as Dollar Strengthens
July 7th, 2014
Gold extended a decline from a three-month high as the outlook for higher borrowing costs in the U.S. strengthened the dollar. Silver also dropped. Gold ended a 12-year rally last year on expectations the Federal Reserve would reduce stimulus ...
