6 July, 2014 by The TZ Newswire Staff Comments Off on USDJPY may continue to bounce off its 55-day MA – OCBC
USDJPY may continue to bounce off its 55-day MA – OCBC
FXStreet (Bali) – Emmanuel Ng, FX Strategist at OCBC Bank, notes that the USDJPY may continue to…
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6 July, 2014 by The TZ Newswire Staff Comments Off on NZD/USD is gripped by bearish sentiments
NZD/USD is gripped by bearish sentiments
FXStreet (Moscow) – NZD/USD dipped to new low 0.8713 in Asia and entered a short consolidation…
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6 July, 2014 by The TZ Newswire Staff Comments Off on GBP/JPY is sidelined at the opening level of 175.16
GBP/JPY is sidelined at the opening level of 175.16
FXStreet (Moscow) – GBP/JPY is sitting in a narrow range around the opening level of 175.16 in Asia…
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6 July, 2014 by The TZ Newswire Staff Comments Off on The week ahead will pick up – Rabobank
The week ahead will pick up – Rabobank
FXStreet (Guatemala) – Analysts at Rabobank note that this week will come with more to get involved…
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6 July, 2014 by The TZ Newswire Staff Comments Off on Craig Stephen’s This Week in China: Hong Kong political troubles: It’s the peg, stupid
Craig Stephen’s This Week in China: Hong Kong political troubles: It’s the peg, stupid
If Hong Kong’s huge protest last week means political tensions are really at the breaking point, then why is foreign money still flooding in?
6 July, 2014 by The TZ Newswire Staff Comments Off on Asian shares ease as investors look to earnings
Asian shares ease as investors look to earnings
MSCI’s broadest index of Asia-Pacific shares outside Japan was off 0.2 percent by late morning, staying just under Friday’s highs and near its 2011 peak, having risen about 7 percent so far this year. The world’s share prices rallied last week, with MSCI’s All World share index hitting a record high, as data showed U.S. employment growth smashed forecasts and unemployment fell to near a six-year low of 6.1 percent.
6 July, 2014 by The TZ Newswire Staff Comments Off on Double-digit profit growth may return in second quarter
Double-digit profit growth may return in second quarter
With all the hoopla over the Dow topping 17,000 out of the way, the market’s next focus will be whether the fast-approaching earnings season can justify U.S. stocks climbing further into record territory. There is a slight chance that profits for S&P 500 (.SPX) companies could return to double-digit growth for the first time in nearly three years. After Thursday’s strong U.S.