Clouds gather over the UK high street as retailer delivers downbeat warning of potentially worst year since 2008.,,,......read more...
US banks dominate the top spots in a closely watched investment banking league table........read more...
Australia wants to join the swelling ranks of those countries which treat bitcoin as a currency, not a commodity.......read more...
With UK inflation stubbornly low, and likely to remain so for the foreseeable future, the chances of the next move in UK Bank Rate being either up or down are evenly balanced.....readmore...
Low oil prices alone may not provide the boost conventional economics suggests they should, the IMF concludes.........read more...
The difference in yield, known as the spread, between US Treasuries and German Bunds is rising, putting upward pressure on the dollar against the euro.......read more...
Most equity markets have already put in their lows for the year, according to Mike Wilson, chief investment officer at Morgan Stanley Wealth Management, although elevated global uncertainty will leave volatility high across most sectors.......read more...
Stock markets in Asia have suffered further losses, a day after global turmoil saw billions of dollars wiped off the value of shares. Investors remain worried over slumping oil prices and slowing growth in China...
EUR/USD: Wave Analysis and Forecast for 25.03 – 01.04 EUR/USD: Wave analysis and forecast for 25.03 – 01.04: The pair is undergoing correction. Estimated pivot point is at the level of 1.1340. Our opinion: Sell the pair from correction below the level of 1.1340 with the target of 1.1050 – 1.0820...
GBP/USD: Wave Analysis and Forecast for 25.03 – 01.04 GBP/USD: Wave analysis and forecast for 25.03 – 01.04: Downtrend has resumed. Estimated pivot point is at the level of 1.4507. Our opinion: Sell the pair from correction below the level of 1.4507 with the target of 1.36 – 1.34...
USD/CHF: Wave Analysis and Forecast for 25.03 – 01.04 USD/CHF: Wave analysis and forecast for 25.03 – 01.04: The pair is likely to decline. Estimated pivot point is at the level of 0.9912. Our opinion: Sell the pair from correction below the level of 0.9912 with the target of 0.95 – 0.9470...
USD/JPY: Wave Analysis and Forecast for 25.03 – 01.04 USD/JPY: Wave analysis and forecast for 25.03 – 01.04: Correction is nearing completion. The pair is likely to decline. Estimated pivot point is at the level of 113.84. Our opinion: Sell the pair from correction below the level of 113...
USD/СAD: Wave Analysis and Forecast for 25.03 – 01.04 USD/СAD: Wave analysis and forecast for 25.03 – 01.04: The pair is likely to grow. Estimated pivot point is at the level of 1.2914. Our opinion: Buy the pair from correction above the level of 1.2914 with the target of 1.38...
The finance ministry has not budgeted for any dividends from at least nine public sector banks during the next fiscal, in what is being seen as an indication that the government expects the finances of several lenders to remain under stress even during 2016-17...
Oil has stayed resilient during the past few weeks, despite occasional risk-off sentiment. Crude prices rose to their highest in three months in early March, at $42.49/barrel for WTI and $42.54/barrel for Brent...
World stock market losses are approaching $8 trillion so far this year and investors last week poured the most money into government bond funds in a year, suggesting they fear the global economy could tip into recession, Bank of America Merrill Lynch said on Friday...
The World Bank slashed its growth forecast for the global economy in 2016 on Wednesday, citing "disappointing" growth in major emerging-market economies like China and Brazil. The bank cut its June forecast for global economic expansion in 2016 by 0.4 percentage point to 2...
In a chat with ET Now, Geoffrey Dennis, UBS Investment Bank, says you need something more significant than just valuations to turn markets around ET Now: The Fed announcement shows a dovish statement in dots as well...
WASHINGTON: The slump in Chinese growth and its nascent economic transition was the key factor in a sharp slowdown last year in global trade, the World Bank said today. Trade, as measured by total merchandise import volumes, rose only 1.7 percent in 2015, down from 3...
The North African country is struggling with lower tourism revenue after Islamist militant attacks last year, protests over unemployment and slow progress on economic reforms that have lagged political advances made since its 2011 uprising.........read more...