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News & Updates

December 4, 2014 Euro falls below $1.23 ahead of ECB, yen weak

Source: Reuters

The euro fell to less than $1.23 for the first time in more than two years on Thursday, finding few friends in a market that is wagering the European Central Bank will be forced to inject even more stimulus into a moribund euro...

December 4, 2014 Gas dips below $2 a gallon in Oklahoma City

Source: CNBC

It's the first time in four years that a U.S. station has offered gas for less than $2 per gallon.

December 3, 2014 U.S. Stocks Climb With Dollar as Oil Sinkes; Gold Drops(Tuesday)

Bloomberg - The Standard & Poorâs 500 Index (SPX) added 0.6 percent to close at 2,066.55 by 4 p.m. in New York. The îStoxxî Europe 600 Index rose 0.5 percent for its first advance in three days, while the...

December 3, 2014 US CEOs Perceive Dimmer Economic Growth but Plan to Increase Hiring

Source: Beta Wired

According to a survey released on Tuesday top corporate chief executives remained a bit less optimistic about the direction of economy that is continuously dropping down and they have plans to cut off investments in businesses...

December 3, 2014 Fed Officials Stress Data Over Dates as Rate Rise Case Builds

Source: BusinessWeek

Federal Reserve officials are signaling more confidence in the economy that moves them nearer to raising interest rates, and are stressing the liftoff is linked to data rather than dates to avoid unsettling markets

December 3, 2014 Pension funds dissatisfied with hedge funds

globalinvestormagazine.com - Ripples of dissatisfaction have been spreading through the pensions world since early September, when the California Public Employeesâ Retirement System (îCalpersî) announced it is...

December 2, 2014 Norway Wealth Fund Targets $3 Billion in Green Technology Stakes

Source: Bloomberg

Norway’s sovereign wealth fund, the world’s largest, will invest almost $3 billion into green technology stocks next year, Chief Executive Officer Yngve Slyngstad signaled.

December 2, 2014 SEC rejects NY fund's request for bank disclosures

U-T San Diego - "The SEC should reconsider its decision and review the facts of our request." Glenn Davis, research director for the îCouncil of Institutional Investorsî, said the proposal "recognizes that the...

December 2, 2014 Here are Black Friday’s winners and losers

Source: MarketWatch

Black Friday may have been a loser this year. Early reads show the holiday weekend sales were way down, and shoppers, despite the usual pictures of early crowds, were generally calmer too.

December 2, 2014 Stocks still 'best game in town' as energy prices decline

Investment News - The îStoxxî Europe 600 Index added 0.4% to 347.07 at 11:06 a.m. in London, paring earlier gains of as much as 1%. Oil and gas stocks ended their longest losing streak in almost 18 months. The...

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