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Dubai Islamic Bank announced the pricing of a $1 billion Tier One capital-eligible issuance with a perpetual (non-call six) maturity, CPI Financial reported. The issuance carries a profit rate of 6.75 per cent and mirrors the solid demand and confidence investors have in the institution...
A regulatory crackdown on high-risk margin trading led to the biggest rout in Chinese equities since 2008. This, in turn, sent emerging-market stocks lower on Monday...
For those who have been using the Kijun crosses technique you may have pocket a 20-40 pips profit from the counter trend move earlier in the London session. Another trade will be developing for the next move on this pair and I will be waiting for the pair to resume it's down-trend move...
On Monday gold traded near a four-month high, as investors awaited Thursday's meeting of the European Central Bank, amid speculation it will start a government bond-buying program...
On Monday Brent crude oil prices dropped below $50 a barrel after Iraq announced record oil production darkening the global economic outlook. On Sunday Iraqi Oil Minister Adel Abdel Mehdi announced Iraq pumped 4 million barrels per day (bpd) of oil in December, its highest production ever...
Tuesday, Jan 20 CNY Gross Domestic Product (YoY) (Q4) expected to decrease 0.1% which might give strength for the US Dollar. EUR ZEW Survey - Economic Sentiment (Jan) expected to increase 5.1% & in case the number came in green EURUSD might advance to retest 1.18 resis...
On Monday the British currency rose against the U.S. dollar in quiet trade, but gains were expected to stay limited as investors locked in profits from the dollar's recent rally against its peers...
British hotels and shops saw spending by Russians fall 28% in 2014 mainly due to the plunge in the rouble, as BBC reports. Russians had been among the top five biggest-spending non-EU tourists in the UK, but have now fallen out of the top ten...
1. No more franc peg! In a surprising turn of events, the SNB announced that it would no longer defend the EUR/CHF floor at 1.2000, which was put in place back in September 2011...
For today R4 - 1.1748 / R3 - 1.1728 / R2 - 1.1669 / R1 - 1.1649 SPOT 1.1558 S1 - 1.1522 / S2 - 1.1460 / S3 - 1.1445 / S4 - 1.1376 SHORT AT 1.1570 FOR 1.1376, REVISED STOP AT 1.1669...
when the EUR/USD (euro/U.S. dollar) rallies, the USD/CHF (U.S. dollar/Swiss franc) sells off the majority of the time and vice versa. Those days are over now because The Swiss National Bank (SNB) said the cap on the currency's value against the euro are no longer active...
Greece's leftist Syriza party, which widened its opinion poll lead over the ruling conservatives ahead of the Jan. 25 vote, has stated it will cancel austerity imposed under the bailout and call for an international conference to renegotiate debts of Greece and some other euro zone states...
EUR continues to loose price against the Dollar. The price dropped to 1.1460 and then we had some 100 pips pullback. Currently the pair attempts to recover further using the profit taking from SHORT ahead of ECB later this week...
Commerzbank expects gold to bottom out around $1,125 in Q2 of 2015. “We expect the gold price to remain under pressure initially in the first half of next year on the back of growing speculation about increasingly imminent interest rate hikes in the US...
The yen gained against all its major peers, as the steepest rout in Chinese equities since 2007 drove demand for shelters...
On Monday the Australian market finally grew after a week of losses, led by a recovery in the energy sector but weighed down in the afternoon by plunging Chinese sentiment, as The Sydney Morning Herald reports. Inspite of trading 1...
US Dollar Forecast - The SNB’s decision to drop the EURCHF cap leveraged volatility and raised expectations of ECB stimulus Volatility has been building for months and currencies have been at the forefront of that development – the short-term FX reading is at its highest level in three years...
Political party which is though liberal in ideology, calls out for stricter control measures to be placed on the technology in a bid to improve security and prevent fraudulent and criminal activity...
Saturday, 17 Jan 2015 11:27 PM Chris Martenson is a world-renowned expert on identifying dangerous, yet hidden, exponential growth patterns in global economies, energy demand, and food consumption... And he is predicting a 60% stock market collapse will strike in the next three months...
By Jason Stevenson, Resources Analyst, Diggers and Drillers If you don’t understand what’s coming…you’ll lose more than just your shirt before 2020. On the global stage, we’re facing an emerging markets debt crisis. Global sovereign debt defaults. Sovereign wealth and pension fund collapses...
