Russian Ruble lost more ground against the dollar on Thursday before President Vlamidir Putin's end of year conference, expected to be dominated by what a government minister called a “perfect storm” hitting the economy...
"Physical gold demand in China and India were held back in 2014 amid high stocks and import controls, respectively," said Victor Thianpiriya, commodity strategist at ANZ. "Both these shackles have been removed, putting demand on a solid footing as we head into 2015...
How the Market Stole Christmas! (Macro Man) To save itself, Greece must exit the Euro (Telegraph) The First Casualty of a Bear Market (The Reformed Broker) Vanguard turns firepower on shake-up of financial advice market (FT) How Did Balanced Funds Weather the Crisis...
Monday, December 15, 2014 Russia Shocks With Emergency Rate Hike, Boosts Interest Rate From 10.5% To 17% EES: Russia raises rates from 10% to 17% EES: Is there ANY REASON why an investor would not want 17% return on their money? No more comment... From Zero Hedge...
Minutes of the Bank of England’s December meeting showed policy makers voted 7-2 to keep interest rates at a record low. This sent the pound sterling down versus the dollar...
The Russian ruble collapse has set off spectacular moves in currency markets and paved the way for a fresh four-year low for the Aussie as the rout in commodity prices proves unrelenting...
24 Essential Lessons for Investment Success: Learn the Most Important Investment Techniques from the Founder of Investor's Business Daily by William J...
Yesterday’s Russian stock exchange panic caused a co-founder of a financial company to kill himself in one of Moscow’s top hotels - Hotel National...
Today's car is a very advanced machine. Long gone are the days when your mechanic would take the whole day inspecting the engine and other components in order to diagnose the vehicle's fault. With the installation of the car computer on most vehicles, diagnoses have become simpler and faster...
As the international sales were not on the expected lines, the international retail giant Overstock.com is reporting that it expects to complete $3m in total Bitcoin sales for 2014 which are below than the expectations...
The rate hike will further tighten domestic liquidity, putting a strain on the domestic corporate sector and reinforcing economic weakness, Parpart noted...
The Russian currency plunged for a seventh day, reversing its biggest advance in 16 years, as slumping oil outweighed Russia’s attempt to defuse a currency crisis with the largest interest-rate increase since 1998...
Russia took its biggest step yet to shore up the ruble and defuse the currency crisis threatening its stricken economy. In a surprise announcement just before 1 a.m. in Moscow, the Russian central bank said it would raise its key interest rate to 17 percent from 10.5 percent, effective today...
The S&P 500 ended the day 1.6% lower to $2,002.70, taking the losses for the week to 3.5%. The last time that it suffered such a decline was in May 2012, as reported by The Financial Times. The Dow Jones Industrial Average declined 1.8% or 312 points to 17,284...
Speculations that the Federal Reserve is moving closer to raising US interest rates amid growing economy have sent the yellow metal down to almost 1-week lows. Silver, platinum and palladium also declined...
Generating better ideas Looking at 2014, most traders can find missed opportunities. The opportunities are missed because we were not focusing on the right markets or the right stocks in the right time frames...
According to the United Arab Emirates' energy minister, OPEC will stand by its decision not to cut output even if oil prices fall as low as $40 a barrel and will wait at least three months before considering an emergency meeting, as Bloomberg informs...
Fiscal policy can be defined for our purposes very simply as anything relating to government spending and taxation. Before looking at the fiscal policy role of government in trying to influence the economy, one must first have an understanding of the business cycle...
