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"Trifles make perfection and perfection is not trifle." The major U.S. stock market indexes took a dive Monday, marking a three day downward trend for stocks driven by unease over Federal Reserve monetary tightening and a tumultuous global economy. The S&P 500 closed at 1,875, down 1...
Market News
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TipMyPip, 15 October 2014, 11:17 #stocks
On 13th October, 2014. At 1532ET today (Columbus Day - with half the market absent), someone - apparently having waited to see if the almost 'ubiquitous' 330pm Ramp would occur - decided it was time to dump three-quarters of a billion dollars notional of US equity market exposure in 1 second...
Market News
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TipMyPip, 15 October 2014, 11:06 #stocks
France’s financial markets regulator AMF earlier today published a detailed report on the results of trading of French individual investors in the Forex and CFD markets, with the data showing that cumulative losses for a period of five years exceed EUR 161 million...
Currency
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Osiris, 15 October 2014, 10:38
SAN FRANCISCO (MarketWatch) -- Researchers at Google Inc. GOOG, +0.89% GOOGL, +0.72% have discovered a vulnerability in widely used encryption technology, Reuters reported late Tuesday, citing a Google spokesman. The bug affects SSL 3.0 protocols, according to the report. Google Class A GOOGL, +0...
Market News
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Ronnie Mansolillo, 15 October 2014, 09:24
SAN FRANCISCO (MarketWatch) — Tech stocks delivered a mostly upbeat trading performance Tuesday, as the sector prepared for an onslaught of earnings reports. Intel INTC, +2.13% , which kicked off the tech results, saw shares rise more than 2% to close at $32.14...
Market News
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Ronnie Mansolillo, 15 October 2014, 09:17
The UK government has today successfully issued a sovereign bond in China’s currency, the renminbi (RMB), becoming the first western country to do so and issuing the largest ever non-Chinese RMB bond...
Market News
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Osiris, 15 October 2014, 07:38
Deutsche Bank is losing some of its strongest financial performers amid a clampdown on bad behavior by traders, as the lender faces ongoing probes by global regulators into allegations of attempts to rig markets...
Market News
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Lonny Strike, 15 October 2014, 03:11
A bellwether Federal Reserve policymaker on Tuesday downplayed concerns about weakness in the global economy, saying the U.S. central bank should only delay an interest rate hike next year if inflation or wages fail to perk up...
Metals
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Osiris, 15 October 2014, 02:16 #QE
Volatility has returned to the market. To be specific, the market has rallied, sold off, rallied, and sold off, all in one week. This is ideal for day traders but unnerving for individual investors. It is also a big red warning sign...
Market News
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Ronnie Mansolillo, 15 October 2014, 00:31
MOSCOW-- OAO Gazprom said profit for the first half of the year fell by almost one-quarter as Ukraine's Naftogaz didn't pay for gas supplied by the Russian state-controlled gas group...
Market News
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Ronnie Mansolillo, 14 October 2014, 09:45
Crude-oil futures tumbled again Tuesday after posting new lows for the year in overnight trade. On the New York Mercantile Exchange, light, sweet crude futures for delivery in November CLX4, -0.34% traded at $85.07 a barrel, down $0.67 in the Globex electronic session...
Crude Oil
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Ronnie Mansolillo, 14 October 2014, 09:40
There is mounting chatter in commodities circles that the oil price is falling just as fast as iron ore because major producers are ramping up output to put pressure on new market entrants...
Crude Oil
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Stuart Browne, 14 October 2014, 07:11
2014-10-14 00:30 GMT (or 02:30 MQ MT5 time) | [AUD - NAB Business Confidence] past data is 7 forecast data is n/a actual data is 5 according to the latest press release if actual > forecast (or actual data) = good for currency (for EUR in our case...
Currency
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Sergey Golubev, 14 October 2014, 06:11
Warren Buffett plans to license the Berkshire Hathaway name to estate agencies in Europe and Asia, in the next phase of a campaign to use his widely respected investment company as a consumer brand...
Market News
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Ronnie Mansolillo, 13 October 2014, 17:40
Finland's prime minister suggested on Monday that Apple could be to blame for the demise of its two biggest industries, which in turn led to an economic downturn and a ratings downgrade for the Nordic country. "We have two champions which went down," Alexander Stubb told CNBC Monday...
Currency
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Ronnie Mansolillo, 13 October 2014, 17:10
The dollar declined for the first time in three days after Federal Reserve officials said a worldwide economic slowdown may delay interest-rate increases, damping demand for the U.S. currency. The Bloomberg Dollar Spot Index has lost 1.4 percent since reaching the highest since June 2010 on Oct...
Currency
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Ronnie Mansolillo, 13 October 2014, 16:49
India's consumer price inflation eased more-than-expected in September as the pace of increase in food prices slowed sharply, preliminary data from the Central Statistics Office showed Monday. The consumer price index rose 6.46 percent year-on-year after a 7...
Currency
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Sergey Golubev, 13 October 2014, 16:46 #CPI
Russia's central bank spent around $6 billion in the past ten days to defend the country's currency ruble, the Central Bank of Russia Governor Elvira Nabiullina said Monday...
Currency
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Sergey Golubev, 13 October 2014, 16:42
Ferrari will unveil a new supercar this weekend, in its most anticipated launch since the company debuted the $1.4 million LaFerrari last year...
Market News
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Ronnie Mansolillo, 13 October 2014, 12:31
Sounding a more dovish note on monetary policy than he has in recent months, the governor of the Bank of England said in a rare interview with CNBC on Saturday that global weakness, lower inflation and troubles in European economies would influence policy at the bank's meeting next month...
Currency
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Ronnie Mansolillo, 13 October 2014, 12:10