Article summary: Widening divergences in interest rate forecasts and the reality that volatility cannot continue to tread levels this low for much longer has traders on edge and looking for opportunity. US Dollar Will Settle for Euro As Recovery Driver in Absence of Volatility The most effective means for leveraging a significant rally from the US Dollar is for a shock to resonate through the global financial system. Yet, hoping for volatility is just that – hope. ...
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Total new capital expenditure in Australia was down a seasonally adjusted 4.2 percent on quarter in the first quarter of 2014, the Australian Bureau of Statistics said on Thursday - coming in at A$37.076 billion. More...
Alibaba IPO: Things You Should Know Alibaba Group Holding Ltd. is a Chinese holding company that recently announced its plans to offer an IPO. This could be the world's largest initial public offering, as analysts estimate that Alibaba could be valued at $150 billion to $250 billion. The lower end of the range would show that the company is as valuable as Facebook while the higher end of the range has a valuation close to that of Walmart. The company is currently the ...
How to make filthy water drinkable Too much of the world lacks access to clean drinking water. Engineer Michael Pritchard did something about it — inventing the portable Lifesaver filter, which can make the most revolting water drinkable in seconds. An amazing demo from TEDGlobal 2009.