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Iran Warns Against Strike on Syria, Obama Talks to Rudd, Rice Talks to Israel 27 Aug 2013 | 03:00 pm
Tuesday, Iran warned against foreign military intervention in Syria, saying the resulting conflict would engulf the region. The United States said on Monday it believed Syrian President Bashar al-Assa...
China Signs Multi-lateral Tax Convention, Joins Global Efforts to Combat Tax Evasion 27 Aug 2013 | 02:33 pm
Tuesday, China signed the Multi-lateral participating in global efforts to combat tax avoidance and evasion by co-operating with other states in the assessment and collection of taxes. Editor: Zhu Ni...
Pacific Alliance Moves Toward Economic Integration 27 Aug 2013 | 02:22 pm
Finance ministers of the Pacific Alliance trade bloc reached financial, tax and trade agreements on the regional economic integration at a meeting here over the weekend and they will continue their ta...
Support and Resistance: EUR/USD 27 Aug 2013 | 02:01 pm
EUR/USD Current mark – 1.3372 The intra-day outlook is Neutral and need a break through 1.3333 to trigger a slide towards 1.3205 low. Initial resistance is projected at 1.3410, followed by the prior h...
Tuesday in the Forex Markets 27 Aug 2013 | 01:48 pm
JPY strengthened which saw USD/JPY test the 98.00 level to the Southside. Some weakness seen in AUD with AUD/USD falling below the .9000 mark. The rest of the major currencies are down against USD as...
Financial Headlines: Europe 27 Aug 2013 | 01:32 pm
BCS Europe Moody’s said adjustments in Euro area periphery continue, pre-crisis GDP is unlikely in the medium term and does not expect the Euroarea periphery to reach these levels before F-Y 2016-201...
Financial Headlines: Asia 27 Aug 2013 | 01:20 pm
Asia China’s vice finance minister Zhu Guangyao said there was no need for the government to stimulate China’s economy and that growth could be supported through structural adjustments. Zhu further st...
China Cautions US Federal Reserve On Its Tapering Policy 27 Aug 2013 | 12:51 pm
The US Federal Reserve must consider when, how, and how fast it unwinds its economic stimulus (QE) to avoid harming emerging market economies, senior Chinese officials said Tuesday. The warning by Chi...
Gold Climbs On Geopolitical Worries 27 Aug 2013 | 12:42 pm
SLV, GLD Gold cracked Key resistance at 1400, and could continue to climb higher on concerns about military action in Syria and September events that may ignite some market volatility. On the move ort...
Data Shows India’s Economy Is In Bad Shape, Downgrade Ahead 27 Aug 2013 | 12:03 pm
India’s economic growth languished at a 10 yr-low of around 4.6% in Q-2, GDP data are expected to show Friday, with the deepening slowdown sparing few sectors in Asia’s number three economy. “Manufact...