President of Argentina dismisses S&P default decree

Source: Bloomberg
Argentina's President Cristina Fernandez de Kirchner opposed the Standard & Poor's default announcement for Argentina, which could be its second one in 13 years. As the bond prices of Argentina plummeted Fernandez said that she's open to additional talks but paying the hedge funds would cause additional claims and destroy the country's economy.
Back to articles

Actual Topics

Fri, 01 Aug 2014 07:28:31 GMT

US shares tumble as July's gains are erased

US stocks plummeted with many factors influencing the move such as poor corporate earnings reports, tensions in Ukraine and worries about a market top. The Dow Jones industrial average dropped 1.9% and the Nasdaq composite 2.1% with Whole Foods Market and Exxon Mobil leading the downturn. In addition oil, gold and the US Treasuries also fell for the day.

Thu, 31 Jul 2014 17:10:03 GMT

Dollar's best month

The Greenback made way towards biggest monthly gain against the Euro since February 2013 after signs of the consolidating U.S. economy induced the traders to boost forecasts for higher Fed interest rates. The Dollar appreciated against all of its 16 major peers this month as jobless claims dropped to the lowest in nearly eight years. 

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.