Wesfarmers – A strong investment opportunity
The Australian retail industry is largely oligopolistic, and Wesfarmers Limited comes second only to Woolworths in terms of market share through its main subsidiary, Coles. If you are a fairly conservative investor who would still like to reap the financial benefits of a company that still pursues growth, stocks of companies like Wesfarmers offer great investment opportunities.
EUR/USD Sinks to 14-Month Lows, U.S. Dollar Index Surges to Multi-Year Highs
EUR/USD continued it’s steady decline on Wednesday, falling to the lowest levels since July of 2013. The pair was weighed down early in the day by the German Ifo Business Climate, a report that refects German business confidence, which came in at 104.7 missing analyst expectations of 105.9. La
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