15 June, 2014 by The TZ Newswire Staff Comments Off on EUR/AUD downside risks still prevail
EUR/AUD downside risks still prevail
FXStreet (Guatemala) – EUR/AUD is trading at 1.4411, up 0.06% on the day, having posted a daily…
15 June, 2014 by The TZ Newswire Staff Comments Off on Convoys Of Russian Tanks Heading For Ukraine Border Ahead Of 2amET Deadline
Convoys Of Russian Tanks Heading For Ukraine Border Ahead Of 2amET Deadline
As the ‘negotiations’ between Europe, Ukraine, and Russia were taking place this afternoon, technically unconfirmed reports of convoys of Russian military vehicles moving towards the Ukraine border were growing. As the 2amET gas-cut-off deadline looms, it appears Putin is mobilizing a significant force ahead of what will likely mean retaliatory actions by either Ukraine military forces or Ukraine militants.
15 June, 2014 by The TZ Newswire Staff Comments Off on Asian shares slump, oil firms as market eyes Iraq
Asian shares slump, oil firms as market eyes Iraq
Asian shares got off on the back foot on Monday, as crude extended gains and tested nine-month highs on fears the insurgency in Iraq could worsen and affect oil exports. Sunni insurgents seized a mainly ethnic Turkmen city in northwestern Iraq on Sunday, while the United States boosted security for its diplomatic staff in Baghdad said some staff had evacuated the embassy. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was slightly lower in early trade, moving away from a three-year high hit a week ago.
15 June, 2014 by The TZ Newswire Staff Comments Off on Medtronic to buy Covidien for $42.9 billion, rebase in Ireland
Medtronic to buy Covidien for $42.9 billion, rebase in Ireland
The deal will allow Medtronic to reduce its overall global tax burden. The Minneapolis-based company said the move was not driven by tax considerations, pointing instead to medical technology synergies with Covidien. The merger of Medtronic, the world’s largest stand-alone medical device maker, and Covidien, a maker of devices used in surgery, will create a close competitor to the medical device business of Johnson & Johnson Co. The deal values each Covidien share at $93.22, paid for by $35.19 in cash and 0.956 Medtronic shares.
15 June, 2014 by The TZ Newswire Staff Comments Off on GBP/JPY consolidated at key channel resistance
GBP/JPY consolidated at key channel resistance
FXStreet (Guatemala) – GBP/JPY is trading at 173.01, down -0.07% on the day, having posted a daily…
15 June, 2014 by The TZ Newswire Staff Comments Off on Economic Briefing: China Stabilising – NAB
Economic Briefing: China Stabilising – NAB
FXStreet (Guatemala) – Gerard Burg, Senior Economist at National Australia Bank noted that partial…