New EU and US sanctions approved on Tuesday following Ukrainian hostilities
The US and the EU agreed on more stringent sanctions on Tuesday, to hit Russia’s crucial sectors: energy, banking, and defense, as condemnation of the weapons Russia is sending to support Ukrainian rebels. Further More...
Japan retail sales fall in a weak second quarter, Japanese PM bids for reflation
Japan’s decline in retail sales challenges Japanese Prime Minister’s effort to attain domestic demand recovery, as companies do not offer higher wages to help household deal with the price hikes and higher taxes. More...
Hague arbitration panel ruled Russia has to pay Yucos shareholders for assets expropriation
The Hague arbitration court ruled Russia is to pay $50.02 billion to Yucos shareholders, and although Russian Finance Ministry seeks to appeal, there is little chance it will succeed. The Hague arbitration panel More...
Twitter shares rise by 35 percent on earnings, dispelling concerns
Twitter shares have risen 35 percent following a quarter of user growth slowdown, more steady growth is needed to attract investors. Twitter Inc managed to cope with the first quarter slowdown of users growth, More...
Peugeot reports its first quarter profit after three years of loss
Peugeot has reported a profit for the quarter, a result better than analyst forecasts, by cost cutting and introducing new models. Peugeot, Europe’s second largest auto manufacturer, beat expectations in the More...
Dollar strength ahead of GDP data and the Fed release
The US dollar outperformed all its six major rivals before key economic releases on Wednesday, sending the dollar index to a six-month high. The dollar index, measuring the greenback performance against a basket More...
US economic calendar this week packed full of events, promises volatility
The US economic calendar this week is packed with quite many releases, among which the unemployment rate and important Fed decisions to be taken. There is a lot of information in the US economic calendar expected More...
NASDAQ and S&P 500 Keep Up Their Rally for a Sixth Quarter in a Row
Following an outstanding year, US benchmarks are extending their rally into 2014 in spite of repeated notes of caution from analysts. Both the NASDAQ and the S&P 500 managed to extend their gains into a sixth More...
Dollar gains as the Fed seen rising rates first
Expectations the FED will start tightening monetary policy first sends the dollar rallying against its counterparts. Last week, Fed Chair, Janet Yellen, stated that interest rates may rise sooner than previously More...
Crude oil prices in Asia drop, US stocks data may show lower demand
Tuesday saw crude oil price fall in Asia. Department of Energy data to come out on Wednesday are expected to show a decrease in crude oil stocks. Crude oil prices in Asia ticked down on Tuesday, before US data More...
