Business investors are increasingly worried about political risks in Britain, including the outcome of a national election in May and a possible referendum on European Union (EU) membership, an economic forecasting firm said. In a report due to be published on Monday, EY ITEM Club predicted grow…
Go here to see the original:
Political worries grow for UK, forecasters say
Business investors are increasingly worried about political risks in Britain, including the outcome of a national election in May and a possible referendum on European Union (EU) membership, an economic forecasting firm said. In a report due to be published on Monday, EY ITEM Club predicted grow…
Read the rest here:
Political worries grow for UK, forecasters say
NEW DELHI (AP) — India freed diesel prices from government control Sunday while raising natural gas tariffs in the biggest-yet reform by Prime Minister Narendra Modi's government, as it aims to boost the country's economy and overhaul its energy sector.
Originally posted here:
India fuel reform puts diesel under market control
EUR/USD had a wild week, where the weakness of the dollar beat the weakness of the euro and sent the pair higher in exciting market action. PMIs and the EU Economic Summit are set to stand out. Here is an outlook on the highlights of this week and an updated technical analysis for EUR/USD. Pessim…
Originally posted here:
EUR/USD Forecast Oct. 20-24
Last week, the market moved mainly to poor US data, keeping the greenback in consolidation after a few months of gains. Let’s take a look at this week’s fundamental factors that might shake up the markets. After peaking in 2010, China’s GDP has been sliding but the pace has flattened since 2013. …
Read the original post:
Key Fundamental Factors This Week (10/20-10/24)
After wild swings at midweek (October 15), the US dollar spent the last two sessions of the week consolidating. While we expect the Federal Reserve will not be distracted by the recent market turmoil, or the softening of some market-based measures of inflation expectations, and will announce the…
Here is the original post:
More Thoughts about the Price Action
PRINCE RUPERT, British Columbia (AP) — A disabled Russian container ship carrying hundreds of tons of fuel is adrift again but officials said Saturday there is no immediate risk of it reaching shore, hitting rocks and causing a spill.
Read the original:
Container ship adrift again off Canadian coast
The dramas on the global markets were sparked by problems created in Europe’s single currency bloc , explains Liam Halligan, but big-time euro-QE is not the answer. ‘It sounds far-fetched, I know,” I wrote in this column in December 2007. “But the ultimate victim of this subprime crisis could be…
Go here to read the rest:
Panic money-printing won’t save the eurozone
September sales of existing homes likely rose 1.1% to a 5.11 million unit annual rate. Existing home sales in September likely rose after an unexpected 1.8% drop in August. Pending home sales (applying to signed contracts on existing homes that have not yet closed) fell in August but were strong in…
Continued here:
N. America Week Ahead: BoC Meeting, US CPI, -Housing
The US dollar was on the back foot against most currencies as volatility spiked and big moves provided opportunity and risk. US housing and inflation data, A rate decision in Canada and UK GDP are the lead events on our FX calendar. Here is an outlook on the major events for this week. Weak US re…
JAKARTA, Indonesia (AP) — Rebooting a slowing economy in a nation of 250 million where inequality is rising, a looming decision on raising fuel prices and vulnerability to any U.S. interest rate hikes would be enough to tax any incoming president.
View original here:
Indonesia's new president faces tough early tests
Eurozone flash manufacturing PMI is expected to fall to 50.5 in October (from 51 in September) dragged by the anticipated drop in both German and French indexes. However, the flash index in the services sector is expected to increase to 52.6 from a previous 52.4. Improvements in the French services…
Read the original:
Europe Week Ahead: EZ-, German-, French PMI, French INSEE, UK GDP, -BoE Minutes
On the evening of May 6, a man carrying a shotgun approached a black Lancia Voyager pulling out of a hospital parking lot in Nice, France. Raising the weapon, he fired through the front passenger window and hit Helene Pastor, the richest woman in Monaco, in the chest, neck and jaw. Another shot hit…
View original post here:
Monaco Murders Reveal Six Hidden Real Estate Billionaires
A big week ahead in the markets, where the emergence of an unexpected correction has seen volatility return with a bang. The focus within the US markets will be geared towards the CPI release in the wake of the disinflationary worries that have dominated affairs in recent weeks. Meanwhile the UK GDP…
Continued here:
Weekly market preview – 20 October 2014
Positives: 1. Initial jobless claims came in at 264k, their lowest numbers since 2000. 2. Gasoline prices fell to their lowest levels since 2011. 3. Russell 2000 actually finished up 2.8% on the week. 4. U of M consumer confidence came in at 86.4, the best since 2007. 5. Housing starts rose t…
View original here:
Succinct Summation of Week’s Events 10.17.14
Prices were at their lowest levels since November 2010. The sharper drop in Brent prices also caused the WTI-Brent spread to fall to $2 on Wednesday.
See the original post:
Why Brent pays the price for Saudi’s “generosity”
Pueblo Viejo’s full production ramp-up will help offset production declines. And, greater plant availability and the completion of plant de-bottlenecking modifications should drive higher production.
Read more from the original source:
Pueblo Viejo mine: Ramped up to offset Barrick’s production dip
Morgan Stanley picks EUR/CAD as its technical FX chart of the week where MS is looking for selling opportunities. On the 10-year EUR/CAD Chart: “EUR/CAD has developed a medium-term bearish pattern, suggesting a move below the 1.2129 low traded in 2012. We are looking for selling opportunit…
Go here to read the rest:
Morgan Stanley Technical FX Chart Of The Week
Moody’s Investors Service has today downgraded the government of Russia’s debt rating by one notch to Baa2 from Baa1. The short-term rating is affirmed at Prime-2 (P-2). The outlook on the rating remains negative. The key drivers for the downgrade and for maintaining the negative outlook are the …
Original post:
Moody’s Downgrades Russia’s Ratings to Baa2; Outlook Negative
US Federal Reserve chair Janet Yellen said that she was “greatly concerned” about rising inequality in the US. “I think it is appropriate to ask whether is compatible with values rooted in our nation’s history,” she said in a speech in Boston on Friday. Some worried the speech politicised the…
Read more:
Janet Yellen warns on growing inequality in the US
