Reversal signals suggest Kiwi dollar is set for a rebound

Geopolitical tensions took a positive turn yesterday as dovish words from Russian President Putin over the conflict in eastern Ukraine and a the process for a change of prime minister in Iraq allowed the markets to breathe easier. Despite sluggish GDP figures from the Eurozone and a surprise jump in…

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Reversal signals suggest Kiwi dollar is set for a rebound

Most expensive car ever auctioned is sold for $34.65 million

A 52-year-old Ferrari just smashed the record for the most expensive car ever sold at auction. The 1962 Ferrari 250 GTO, with a somewhat dark past, was just sold by Bonhams for $34.65 million. That blew away the previous record, held by a Mercedes-Benz racer that sold last summer for $31.6 millio…

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Most expensive car ever auctioned is sold for $34.65 million

Most expensive car ever auctioned is sold for $34.65 million

A 52-year-old Ferrari just smashed the record for the most expensive car ever sold at auction. The 1962 Ferrari 250 GTO, with a somewhat dark past, was just sold by Bonhams for $34.65 million. That blew away the previous record, held by a Mercedes-Benz racer that sold last summer for $31.6 millio…

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Most expensive car ever auctioned is sold for $34.65 million

Argentina dubs holdouts an ‘international mafia’ as deal hopes fade

Argentina branded the hedge funds suing the country over their debt holdings an “international mafia” on Thursday after talks to bring a swift end to its latest default collapsed and sent Argentine bond prices tumbling. A group of international banks had appeared to be nearing a deal to buy a chu…

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Argentina dubs holdouts an ‘international mafia’ as deal hopes fade

Argentina dubs holdouts an ‘international mafia’ as deal hopes fade

Argentina branded the hedge funds suing the country over their debt holdings an “international mafia” on Thursday after talks to bring a swift end to its latest default collapsed and sent Argentine bond prices tumbling. A group of international banks had appeared to be nearing a deal to buy a chu…

Original post: 
Argentina dubs holdouts an ‘international mafia’ as deal hopes fade

Argentina dubs holdouts an ‘international mafia’ as deal hopes fade

Argentina branded the hedge funds suing the country over their debt holdings an “international mafia” on Thursday after talks to bring a swift end to its latest default collapsed and sent Argentine bond prices tumbling. A group of international banks had appeared to be nearing a deal to buy a chu…

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Argentina dubs holdouts an ‘international mafia’ as deal hopes fade

China’s Savers Divert Record $2.1 Trillion to Wealth Products

Chinese households increased the amount of savings diverted into wealth-management products to a record 12.7 trillion yuan ($2.1 trillion), underscoring risks to the financial system from an explosion in shadow banking. The outstanding value rose 24 percent in the first half from the end of last …

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China’s Savers Divert Record $2.1 Trillion to Wealth Products

3 Numbers: UK GDP strength fuels rate rumours, US PPI and US industry

After Thursday’s gross domestic product data from Europe, today’s main events will centre on data from the United States. Markets will likely be dominated by news from Ukraine. Yesterday, Russia’s president Vladimir Putin stated that he wanted to avoid conflict, but by nightfall Western journalists…

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3 Numbers: UK GDP strength fuels rate rumours, US PPI and US industry

3 Numbers: UK GDP strength fuels rate rumours, US PPI and US industry

After Thursday’s gross domestic product data from Europe, today’s main events will centre on data from the United States. Markets will likely be dominated by news from Ukraine. Yesterday, Russia’s president Vladimir Putin stated that he wanted to avoid conflict, but by nightfall Western journalists…

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3 Numbers: UK GDP strength fuels rate rumours, US PPI and US industry

3 Numbers: UK GDP strength fuels rate rumours, US PPI and US industry

After Thursday’s gross domestic product data from Europe, today’s main events will centre on data from the United States. Markets will likely be dominated by news from Ukraine. Yesterday, Russia’s president Vladimir Putin stated that he wanted to avoid conflict, but by nightfall Western journalists…

View original post here:
3 Numbers: UK GDP strength fuels rate rumours, US PPI and US industry

3 Numbers: UK GDP strength fuels rate rumours, US PPI and US industry

After Thursday’s gross domestic product data from Europe, today’s main events will centre on data from the United States. Markets will likely be dominated by news from Ukraine. Yesterday, Russia’s president Vladimir Putin stated that he wanted to avoid conflict, but by nightfall Western journalists…

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3 Numbers: UK GDP strength fuels rate rumours, US PPI and US industry