Canada Parliament Locked Down After War Memorial Shots

Posted by Forexsq 1 day 17 hours ago (
img Canada’s Parliament has been locked down after a soldier was shot at the nation’s war memorial in Ottawa. The gunman was later shot and killed by police, according to two members of parliament.

Witnesses including an Alberta lawmaker said a man with a brown coat was seen at the war memorial today carrying a rifle. Shots were also fired on Parliament Hill and the Center Block of parliament was

S&P 500 Fluctuates as Yahoo Climbs on Sales; Biogen Sinks

Posted by Forexsq 1 day 17 hours ago (
img U.S. stocks fluctuated after the Standard & Poor’s 500 Index rose the most in a year yesterday, companies reported better-than-estimated results and data showed inflation remains tame.

Yahoo! Inc. added 5.9 percent after third-quarter sales topped estimates. Broadcom Corp., a maker of communications chips, jumped 6.2 percent after reporting earnings that beat analysts’ estimates and giving a f

Total CEO dies in plane crash

Posted by Forexsq 2 days ago (
img French oil company Total has confirmed the death of its chairman and CEO, Christophe de Margerie, in a crash between his private plane and a snowplow at Moscow international airport.

Three members of the plane's crew were also found dead at the scene of the accident.

Russian officials said they had already established that the snowplow driver was drunk but would also consider other possible

Consumer Prices in U.S. Rise 0.1% as Inflation Remains Muted

Posted by Forexsq 1 day 17 hours ago (
img The cost of living in the U.S. barely rose in September, leaving inflation below the Federal Reserve’s goal as fuel prices plunge this month.

The consumer-price index climbed 0.1 percent after decreasing 0.2 percent in August, a Labor Department report showed today in Washington. The median forecast of 84 economists surveyed by Bloomberg called for no change. Excluding volatile food and fuel,

McDonald’s profit falls 30% on U.S., China woes

Posted by Forexsq 2 days ago (
img McDonald’s Corp. said its third-quarter earnings fell a worse-than-expected 30% as the fast-food giant continues to struggle in the U.S. and other parts of the world.

“McDonald’s third-quarter results reflect a significant decline versus a year ago, with our business and financial performance pressured by a variety of factors--from a higher effective tax rate, to unusual events in the operatin

Russia Loses Oil Ally in De Margerie After Moscow Crash

Posted by Forexsq 1 day 17 hours ago (
img Christophe de Margerie’s last act as chief executive officer of Total SA (FP) left no room for doubt about his feelings toward Vladimir Putin’s Russia.

In a Moscow speech hours before the plane crash that took his life two days ago, de Margerie said U.S. and European Union sanctions on the country were “unfair and unproductive,” and that he opposed efforts to render it “isolated from the major

Ukraine, Russia, EU energy chiefs meet to finalize gas deal

Posted by Forexsq 2 days ago (
img Russia and Ukraine aim to resolve an impasse over natural gas supplies on Tuesday as their energy ministers meet in Brussels for talks brokered by the European Union's energy commissioner.

Citing unpaid bills worth more than $5 billion, Russia cut off gas flows to Kiev in mid-June, adding to tensions sparked by Russia's annexation of Ukraine's Crimea region.

Panic Defused in Stocks With Sharpest VIX Drop Since 2009

Posted by Forexsq 1 day 17 hours ago (
img Four consecutive advances in the Standard & Poor’s 500 Index (SPX) have pushed the gauge up 4.2 percent since Oct. 15, recouping half the losses from a selloff that began in mid-September. After surging to a 28-month high last week, the Chicago Board Options Exchange Volatility Index (VIX) has fallen at least a point a day starting Oct. 16, reflecting a dissipation of investor concern that hasn’t

Draghi has his back to the wall | Top Forex Brokers

Posted by Forexsq 2 days ago (
img Mario Draghi, the European Central Bank president, indicated in September that the latest measures to boost faltering eurozone inflation and get the economy moving again could increase the ECB’s balance... moreShare it now!

Just how sick are European banks? We find out Sunday

Posted by Forexsq 17 hours ago (
img Europe's economy is looking frail again, but is it at risk of cardiac arrest?

The banks at the heart of the eurozone economy are about to find out whether regulators will give them a clean bill of health, or send them back to the emergency room.

European officials have just completed an extensive health check on the region's top 130 banks and are due to reveal the results Sunday.

The who

Pistorius starts five-year term for killing Reeva Steenkamp

Posted by Forexsq 2 days ago (
img Olympic and Paralympic sprinter Oscar Pistorius started his five-year jail sentence on Tuesday for killing his girlfriend Reeva Steenkamp, marking the end of a trial that has gripped South Africa and millions around the world.

His uncle, Arnold Pistorius, indicated he would not appeal.

As judge Thokozile Masipa gave her decision on the 27-year-old's culpable homicide conviction, Pistorius,

U.S. jobless claims data point to firming labor market

Posted by Forexsq 17 hours ago (
img The number of Americans filing new claims for unemployment benefits rose last week, but the underlying trend firmly pointed to strengthening labor market conditions.

Initial claims for state unemployment benefits increased 17,000 to a seasonally adjusted 283,000 for the week ended Oct. 18, the Labor Department said on Thursday.

That followed three straight weeks of declines, which had pushe

Oil Slump Rings Alarm Bells for Nigeria as Elections Loom

Posted by Forexsq 2 days ago (
img Nigeria’s efforts to prop up its currency months before presidential elections are being undone by the slide in oil prices.

The naira tumbled to within 0.3 percent of a record low as Brent crude fell to the lowest level in more than four years. While some of the world’s biggest banks say the collapse in oil is just about over, further losses would force Africa’s largest producer to choose betw

Wall Street rallies on Caterpillar, 3M results

Posted by Forexsq 17 hours ago (
img U.S. stocks jumped 1 percent on Thursday as a number of strong results, including from a pair of Dow components, reassured investors that corporations continued to fare well despite concerns about global economic growth.

Shares of both Caterpillar Inc (CAT.N) and 3M Co (MMM.N) rose following their results, with heavy machinery maker Caterpillar also raising its full-year profit view. Caterpill

Euro Drops on Speculation ECB May Expand Stimulus

Posted by Forexsq 2 days ago (
img The euro declined against the dollar after Reuters reported the European Central Bank is looking to buy corporate bonds on the secondary markets, damping demand for the shared currency.

The euro weakened versus 13 of its 16 major peers even as a spokesman for the central bank told Reuters “the Governing Council has taken no such decision.” The dollar halted a three-day gain versus the yen as t

Become Our Fan