16 June, 2014 by The TZ Newswire Staff Comments Off on AUD/USD continues its slide; 0.9350 support is at risk
AUD/USD continues its slide; 0.9350 support is at risk
FXStreet (Moscow) – AUD/USD bears have been looking for a reason to drive the pair below 0.9400,…
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16 June, 2014 by The TZ Newswire Staff Comments Off on GBP/USD: Breach of 1.70 may see 1.7040/45 – OCBC
GBP/USD: Breach of 1.70 may see 1.7040/45 – OCBC
FXStreet (Bali) – Emmanuel Ng, FX Strategist at OCBC Bank, notes that a breach of 1.7000 in GBP/USD…
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16 June, 2014 by The TZ Newswire Staff Comments Off on Turkey, S Africa currencies at risk from Iraq crisis: Pro
Turkey, S Africa currencies at risk from Iraq crisis: Pro
Manik Narain, head of EMEA FX and fixed income strategy at UBS, says the Turkish lira and South African rand could come under pressure from the uptick in oil prices.
16 June, 2014 by The TZ Newswire Staff Comments Off on GM safety crisis grows with recall of 3 million more cars for ignition issues
GM safety crisis grows with recall of 3 million more cars for ignition issues
SAN FRANCISCO/DETROIT (Reuters) – General Motors Co GM.N recalled three million more cars for ignition switch issues on Monday, roughly doubling the number of GM vehicles with known switch problems in a crisis that has defined the automaker and new Chief Executive Mary Barra this year. GM on Monday recalled 3.36 million midsize and fullsize cars globally with ignition switches that can be jarred out of the “run” position, potentially affecting power steering, power brakes and air bags.
16 June, 2014 by The TZ Newswire Staff Comments Off on Green managers stuff funds with Apple after environmental reforms
Green managers stuff funds with Apple after environmental reforms
Apple Inc, criticized in the past for greenhouse gas emissions, use of toxic materials and the hiring of underage workers, has improved its practices and earned better scores from groups such as Greenpeace. That’s good news for environmentally-aware mutual funds that hold Apple for another big reason – it makes money. The Cupertino, California-based maker of the iPhone, the world’s biggest public company by market capitalization, has adopted a slew of green policies such as expanded product recycling and using solar power at its data centers.
16 June, 2014 by The TZ Newswire Staff Comments Off on US growth downgrade: What it means for rates
US growth downgrade: What it means for rates
A cut to the IMF’s U.S. growth forecast is a surprise but doesn’t mean that U.S. interest rates will stay low for longer than anticipated, analysts say.
16 June, 2014 by The TZ Newswire Staff Comments Off on Asia Markets: Asia stocks mostly lower, but Japan bucks trend
Asia Markets: Asia stocks mostly lower, but Japan bucks trend
Asian markets trade mostly lower, as Australia is weighed by further falls in mining stocks, while Japanese stocks recover from a sharp fall in the previous session.
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