LifeHealthProCerulli: Ignorance about mutual funds widespread in AsiaLifeHealthProForty-three percent of mass retail investors aren't investing in mutual funds because they don't know about the products. Americans, it seems, are not alone in being woefully uninformed about investment topics. A knowledge gap exists too among retail …Many Asian …
Russia Launches New Intermediate-Range Missile at Ukraine
President Vladimir Putin said the attack was in response to Ukraine’s recent use of American and British weapons to strike deeper into Russia. Source link
ICC issues arrest warrants for Netanyahu, Gallant and Hamas commander
Judges at the International Criminal Court (ICC) have issued arrest warrants for Israel’s prime minister and former defence minister, as well as Hamas's military commander.A statement said a pre-trial chamber had rejected Israel’s challenges to the court’s jurisdiction and issued warrants for Benjamin Netanyahu and Yoav Gallant.A warrant was also issued for Mohammed Deif, although the Israeli military has said he was killed in an air strike in Gaza in July.The judges said there were “reasonable grounds” the three men bore "criminal responsibility" for alleged war crimes and crimes against humanity during the war between Israel and Hamas. Both Israel…
She Moved to New Delhi for a Fresh Start, but the Air Made Her Sick
new video loaded: She Moved to New Delhi for a Fresh Start, but the Air Made Her SicktranscriptBacktranscriptShe Moved to New Delhi for a Fresh Start, but the Air Made Her SickSince moving to New Delhi, which had the world’s worst air quality on Monday, Ameesha Munjal hasn’t been able to exercise or see friends. She has been on several medications to battle sickness caused by the pollution.The pollution was so bad that I went to the doctor, and he just said that, ‘you should move out of the city. You won’t be able to survive in this air.’ There’s…
3 Best Performing Mutual Funds of 2014 – Zacks.com
euronews3 Best Performing Mutual Funds of 2014Zacks.comMeanwhile, stock funds witnessed net outflows of $6.7 billion. However, stock mutual funds saw inflows of $330 million. High-yield bond funds witnessed its biggest inflow in seven weeks. It attracted $1.3 billion in new cash, a week after losing $2.3 …Take a …
The US recovery looks sustainable this time
Next week will see the sixth anniversary of the collapse of Lehman Brothers. No single financial event in the post-war period has cast such a long shadow. Until now, the scars of the financial crash have dominated the economic landscape. The utilisation of labour and capital resources in the …
No hard landing yet in China
© STR/AFP/Getty Images China’s economic rebalancing has been the main downside risk to global economic activity in 2014, and will probably remain so for the foreseeable future. The industrial production figures for August were the weakest seen since the 2008-09 recession, and they were followed by a statement from…
Labour under-utilisation in America
Much of the attention at the last policy meeting at the Federal Reserve was focused on the FOMC’s indication that interest rates would stay unchanged for a “considerable time”. But a more fundamental issue concerns another key phrase in the statement, which is the FOMC’s assertion that …
It’s Draghi versus Weidmann on ECB QE
© CARLO HERMANN/AFP/Getty Images Last week’s press conference by ECB President Mario Draghi left the markets disappointed and somewhat perplexed about the shift towards quantitative easing that had just been sanctioned by the governing council (GC). Because this was focused on private sector assets, in the form…
Australian Core CPI Sluggish in October
Consumer inflation, as reported by the Reserve Bank of Australia (RBA) this morning, seems to have held steady at 0.6{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} in October. But the Trimmed Mean CPI, which is similar to the Core CPI reading of other countries since it excludes the most volatile items, revealed sluggishness with only 0.3{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540}…
US Durable Goods Orders Reported with Mixed Results
The publication of the durable goods orders reports from the United States earlier this afternoon revealed a mixed sentiment regarding the manufacturing sector of the world’s largest economy. The nominal figure came in with a reading slightly below forecasts with a 0.8{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} contraction. The core reading, however, beat forecasts with…
Prelim CPI in Germany Sees Zero Growth
The preliminary reading on the consumer price index (CPI) in Germany this morning revealed utter stagnation. The reading was expected to show a 0.1{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} increase in consumer inflation, a dismal reading on its face, but the actual results being lower than this have so far pulled back on the EUR…
Advance US GDP Supports Growth Prospects
Thursday release of Advance GDP in the United States underscored a plausible increase in the nation’s economic growth. As an early indicator of economic expansion in the world’s largest economy, this indicator is highly important to gauging the direction of the market. Expectations for today’s GDP release were for a…
British Consumers Increasingly Pessimistic
A survey conducted of roughly 2,000 British citizens asking them to rate their views on the state of the economy found that pessimism is growing in the UK. The report, issued by GfK NOP, reported a decline by two base points in their survey measure. The findings were only mildly below…
Japanese Unemployment Falls 0.2{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} in October
A surprise indicator from the Japanese economy this morning revealed an employment sector growing modestly through the autumn months. Expectations were for a worsening of the unemployment situation in Japan due to the decline in manufacturing and industrial production lately. The actual results produced a surprise uptick in optimism about…
Swiss KOF Barometer in Decline
This morning’s publication of Switzerland’s KOF Economic Barometer revealed an economic outlook that has dipped somewhat since last month’s reading. A combination of economic indicators is now portraying economic conditions slightly more pessimistically than before. The measure only fell by approximately 0.2 points from 1.00 to 0.80, a measure that still falls within…
German Retail Sales Underperforming
The euro zone continues to struggle with economic data heading into the fourth quarter of 2011. This morning’s publication of Germany’s retail sales revealed even more sluggish growth in the region’s largest economy. The report was expected to show a healthy month-on-month growth of 1.1{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540}, a solid uptick from…
Japanese Home Construction Expecting Sharp Plummet
This morning’s early publication of Japanese housing starts portrayed a capital economy in deep contraction heading into the end of 2011. Housing starts are an indicator of the number of private homes starting construction, making it an early gauge of domestic capital investment and early consumer spending and optimism. The indicator…
Canadian GDP Data Reveals Stable Growth
The early afternoon release of Canada’s GDP data revealed an economy in modest stability. The release of a nation’s gross domestic product report is a strong indicator of that nation’s economic health and well-being. Today’s release revealed to investors that Canada’s economy is stronger than previously assumed. The forecasts…
FOREX Technical Analysis 15. Jan. 2013
FX Forex Market Technical Analysis 15. Jan. 2013: Technical Analysis for the following Currencies: EUR/USD, USD /CAD, USD/JPY, AUD/USD, GBP/USD, EUR/JPY, EUR/CHF EUR/JPY – Gold & Oil : EUR/USD INTRADAY: BULLISH BIAS ABOVE 1.3325 Pivot: 1.3325. Most Likely Scenario: LONG positions at 1.3335 with targets at 1.3405 & 1.3425. Alternative …
FOREX Technical Analysis 16. Jan. 2013
FX Forex Market Technical Analysis 16. Jan. 2013: Technical Analysis for the following Currencies: EUR/USD, USD /CAD, USD/JPY, AUD/USD, GBP/USD, EUR/JPY, EUR/CHF EUR/JPY – Gold & Oil : EUR/USD INTRADAY: THE DOWNSIDE PREVAILS. Pivot: 1.3335. Most Likely Scenario: SHORT positions @ 1.3325 with 1.3245 & 1.3205 as next targets. …