0.0 00 AUD/USD (0.7006) Some points to consider in this Forex market: The Australian Dollar breaks through chart support. Now at 2 week low. First trade target on short sale. Half profits books and stop loss …
Read More »Wal-Mart Likes the Weaker Chinese Yuan
0.0 00 Wal-Mart (NYSE: WMT) is asking its suppliers for price cuts on any goods from China. They would like to share on the profits after China’s devaluation of the yuan last month. Managers from the …
Read More »USD/CAD – Highest Price Level Since 2009
0.0 00 USD/CAD (1.3309) Some points to consider in this Forex market. USD/CAD has broken through the 1.3310 to 1.3350 congestion area. Bullish bias now confirmed. Looking at the MACD, bullish through the pivot at 1.34. …
Read More »Video: GBP/USD – Thanks to Risk Aversion, The Sterling Sells Off
0.0 00 Several talking points in this Forex market. The Sterling is working on an aggressive price move lower. If current support levels give out look for more losses in the market. Short-term momentum is bearish. …
Read More »Banks, asset managers await BoE findings on market liquidity
0.0 00 Banks, asset managers await BoE findings on market liquidity LONDON Banks and asset managers will tune into the Bank of England on Friday to see if a report on bond market liquidity will vindicate …
Read More »Funding Circle plans to launch London-listed fund
0.0 00 Funding Circle plans to launch London-listed fund LONDON British peer-to-peer lender Funding Circle said on Thursday it planned to raise 150 million pounds through the launch of a new London-listed fund that will provide …
Read More »Commodities’ dive raises doubts over Africa’s ‘middle class’
0.0 00 Commodities' dive raises doubts over Africa's 'middle class' Shoppers push trolleys at an upmarket shopping mall in Sandton, Johannesburg, September 23, 2015. Reuters/Mike Hutchings JOHANNESBURG Whether it’s selling pensions, pasta or toothpicks, investors in …
Read More »Volkswagen is Sorry
0.0 00 The chief executive officer of Volkswagen Group of America used the launch of the 2015 Passat to issue a rather candid and blunt apology after the German car maker was caught cheating on emission …
Read More »The Federal Reserve Helps this Sector Look Valuable Again
0.0 00 After the Federal Reserve (Fed) opted to keep rates ultra low, near zero, last week, the financial sector and stocks took a beating. This means they are now low enough to be a value …
Read More »London leapfrogs New York as world’s leading financial hub
0.0 00 London leapfrogs New York as world's leading financial hub The City of London is seen during a rainy day in London, Britain June 22, 2015. Reuters/Stefan Wermuth LONDON London has regained its crown as …
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