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Economic News

U.S.-based stock funds post $3.3 billion outflows in latest week: ICI

Posted by on Dec 17, 2014

NEW YORK (Reuters) - Investors in U.S.-based mutual funds pulled $3.3 billion out of stock funds in the week ended Dec. 10 after a slump in oil prices raised concerns about the U.S....

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Forex News

USD Rally Resumes as Uncertainty Weighs

Posted by on Dec 17, 2014

After a short recess from the Dollar’s prolonged rally, the greenback has swung back into positive territory, edging higher as investors await a policy statement from the Federal...

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Fundamental Analysis

US November CPI Declines

Posted by on Dec 17, 2014

November 2014 consumer prices dropped by 0.3% in the month following unchanged prices in October. Market expectations had been for a moderate drop of 0.1%. The decline contributed...

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Technical Analysis

Technical Outlook – EURGBP, EURJPY, EURAUD and EURNZD

Posted by on Dec 17, 2014

Having failed to break 18 month old descending trend channel, also encompassing the 200-day EMA and the 38.2% Fibonacci Retracement of its March September decline, the EURGBP...

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Recent Posts

U.S.-based stock funds post $3.3 billion outflows in latest week: ICI

U.S.-based stock funds post $3.3 billion outflows in latest week: ICI

Dec 17, 2014

NEW YORK (Reuters) - Investors in U.S.-based mutual funds pulled $3.3 billion out of stock funds in the week ended Dec. 10 after a slump in oil prices raised concerns about the U.S. stock...

Pimco’s Emerging Market bond funds post record total outflow of $5.8 billion YTD

Pimco’s Emerging Market bond funds post record total outflow of $5.8 billion YTD

Dec 17, 2014

NEW YORK (Reuters) - Pimco, the biggest emerging market bond portfolio manager in the world, posted a record total outflow of $5.8 billion from its emerging market funds so far this year through...

Act now: Congress delivers a few last minute tax savers

Act now: Congress delivers a few last minute tax savers

Dec 17, 2014

NEW YORK (Reuters) - The U.S. Congress, in its wisdom, waited until the waning weeks of the year to approve some tax breaks that will only be good for...

Cuba-focused fund rockets on expected U.S. policy shift

Cuba-focused fund rockets on expected U.S. policy shift

Dec 17, 2014

(Reuters) - Shares of the Herzfeld Caribbean Basin Fund jumped by nearly 40 percent to a seven-year high on record volume on Wednesday following reports that the Obama administration was preparing...

US November CPI Declines

US November CPI Declines

Dec 17, 2014

November 2014 consumer prices dropped by 0.3% in the month following unchanged prices in October. Market expectations had been for a moderate drop of 0.1%. The decline contributed to the year-over-year rate dropping to 1.3% in November from 1.7% in October. Expectations of a decline had been largely premised on...