Estee Lauder (EL) announced that quarterly profit increased to $396.7 million, or $1.00 per share, up from $343.9 million, or 86 cents per share, in...
Earnings Wrap: EL, AON
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EURUSD bounced strongly from 1.2874
EURUSD bounced strongly from 1.2874, suggesting that a cycle bottom had been formed on daily chart. Now the pair is facing 1.3497 key resistance,...
Technical difficulties in Sydney
Apologies for the delay but both Sam and I are experiencing technical difficulties here in Sydney. Hopefully back in full mode within the...
EUR/USD: bids at 1.3750 stemming the tide
It might only provide some temporary respite but some decent sized buying interest in the EUR/USD at 1.3750 looks to have halted the bearish momentum, for a few moments at least. Offers are expected to be heavy on any short-covering rallies back towards...
Bernanke and Paulson to testify before House
Darrell Issa from the House oversight and government reform committee is on the Reuters newswire saying that Fed chairman Bernanke and ex-treasury secretary Paulson will be subpoenaed if necessary to testify before the House on Bank of America’s acquisition of Merrill...
Monetary Policy Week in Review – 30 Oct 2011
The past week in monetary policy saw 15 central banks announce interest rate decisions. Those that increased interest rates were: India...