Growing US Inflation Suggests QE3 Disappointment

15 years ago

Markets are slowly pricing in additional quantitative easing from the Fed but rising inflationary pressures suggest the central bank may…

EURUSD pulled back from 1.4517

15 years ago

Being contained by 1.4535 resistance, EURUSD pulled back from 1.4517, suggesting that a cycle top is being formed on 4-hour…

National Bank of Georgia Drops Refinancing Rate 25bps to 7.50%

15 years ago

The National Bank of Georgia decreased its benchmark refinancing interest rate by 25 basis points to 7.50% from 7.75%.  The Bank said…

Acket Says Pegging Swiss Franc to Euro a ‘Daunting Task’

15 years ago

Aug. 17 (Bloomberg) -- Janwillem Acket, chief economist at Julius Baer Group Ltd., talks about the outlook for the Swiss…

Iceland Central Bank Hikes Interest Rate 25bps to 4.50%

15 years ago

Iceland's Sedlabanki raised its seven-day collateral lending rate by 25 basis points to 4.50% from 4.25%.  The Bank also increased the deposit…

World Debut: The Microsoft of the New Millennium

15 years ago

Yesterday was an epic, game-changing day for Google (GOOG:NASDAQ). It alters the landscape in the smartphone industry. In one expensive move, Google…

StanChart’s Brice Says Gold May Climb to $2,100 by 2014

15 years ago

Aug. 17 (Bloomberg) -- Steve Brice, chief investment strategist at Standard Chartered Bank in Singapore, talks about the outlook for…

Apparel Retailer Earnings: Abercrombie & Fitch, Chico’s

15 years ago

Apparel retailer Abercrombie & Fitch (ANF) reported fiscal second quarter earnings Wednesday that surged 64%. Profits rose to $32 million,…

Cavenagh Says Franc `Less Likely’ to Be Pegged to Euro

15 years ago

Aug. 17 (Bloomberg) -- Jonathan Cavenagh, a currency strategist at Westpac Banking Corp., discusses the prospect of the Swiss National…

Das Expects ECB Interest Rate Cut Is `Around the Corner’

15 years ago

Aug. 17 (Bloomberg) -- Arnab Das, managing director of market research at Roubini Global Economics, talks about European Central Bank…