Asian Stocks Stocks in Asia were seen trading mixed on the first day of the trading week as investors continue to focus on the ongoing geopolitical tensions, while the Japanese market were closed for the Marine Day holiday. Hong Kong’s Hang Seng index climbed 0.12%, trading at 23,424.75 points at the time of writing, while […]
The week has started with further losses for European equity markets, with the Ukrainian and Middle Eastern situations showing no signs of immediate improvement. The Stoxx Europe 600 index fell 0.3% to 338.82 while the FTSE100 index fell by 0.4% and the DAX in Germany declined by 0.8%. US stock futures edged lower due to […]
European markets have opened in negative territory today, as traders continued to mull over the situation in the Gaza strip and Ukraine. Closer home, Rightmove has reported that house prices in the UK dropped in July. With no major domestic economic data due later today, market participants await the release of the minutes of the […]
European markets have opened in negative territory today, as traders continued to mull over the situation in the Gaza strip and Ukraine. Closer home, Rightmove has reported that house prices in the UK dropped in July. With no major domestic economic data due later today, market participants await the release of the minutes of the […]
18 July 2014 – Jeremy Batstone-Carr, from Charles Stanley, thinks global growth could disappoint and that it is bond pricing, not equity pricing, that is the more accurate at prevailing levels. Related Posts:Bitcoin not meant to replace money October 16, 2023 Flagship cryptocurrency Bitcoin began a new bearish sequence, aiming to…
July 18, 2014 – Stock Market News Today’s Hot Asset – Manchester United Stocks in Europe traded lower during an interesting session yesterday. Investors in Europe were cautious throughout the session yesterday, as they continued to see the tensions in Ukraine rise. This weighed heavily on equities during the session yesterday and created the downwards […]
Asian stocks were seen tumbling on Friday after a Malaysian Airlines plane was shot down on the Russia/Ukraine boarder. Asian Stocks The Japanese benchmark Nikkei 225 index fell 1.01%, ending at 15,215.71, while Tokyo’s Topix index slid 0.96%, to end at 1,261.28. The Japanese motorcycle and marine product manufacturer Yamaha, saw losses as shares slid […]
July 18, 2014 – Forex News Hot Asset For Today: EUR/USD The EUR/USD has been ranging since yesterday evening after mixed data from the United States came out. Today, we may see even more ranging due to the coming of the weekend and the quieting of markets worldwide. The only source of potential movement today […]
European stock markets fell on Friday in response to a Malaysia Airlines jet being shot down over Ukraine and Israel launching a ground offensive in the Gaza strip. Asian stock markets tumbled overnight with the Nikkei 225 falling by 1.1% while the Hang Seng dropped 0.7%. The S&P 500 slid 1.2% to 1,958.12 yesterday, the […]
July 18, 2014 – Indices News Asian stocks deceased as investors demand for safe-haven assets raised on the shoot down of the Malaysian airplane and escalation in Gaza. The Nikkei is down -1.01%, Heng Seng slided -0.41%. Malaysian Airline System Bhd. dropped 11%. Toyota Motor Corp decreased for the 2nd day an row, dropping an […]
July 18, 2014 – Daily Market News Today’s Hot Asset: USD Yesterday, a Malaysian airline carrying 295 people crashed into East Ukraine. This occurrence happened after the EU and U.S. applied a new round of sanctions onto Russia. As a result U.S. stocks ended sharply lower as investors turned to safe haven assets. The Israeli […]
European markets have opened in the red today, extending the previous session losses triggered by news that a Malaysian air-plane was shot down in eastern Ukraine. With no major domestic economic releases today, traders will monitor updates from the Russia-Ukraine region and the Gaza strip where Israel launched ground invasion yesterday night. Meanwhile, Eurozone current […]
European markets have opened in the red today, extending the previous session losses triggered by news that a Malaysian air-plane was shot down in eastern Ukraine. With no major domestic economic releases today, traders will monitor updates from the Russia-Ukraine region and the Gaza strip where Israel launched ground invasion yesterday night. Meanwhile, Eurozone current […]
July 17, 2014 – Indices News Asian stocks showed a moderate decrease after the regional index reached a six year high. Shanghai Composite -0.57%, Heng Seng -0.01% and Nikkei -0.06%. The bearish trend is associated with the slid in technology firms and an increase in material and industrial shares. Today downwards movement comes after three […]
July 17, 2014 – Daily Market News Today’s Hot Assets: EUR, USD, JPY U.S. stocks gained following better than expected earnings and deal news. For example, Time Warner rejected a takeover bid by 21st Century Fox for $80 billion, pushing shares 17% higher. The Beige Book also showed that economic conditions and labour markets continued […]
European stocks markets fell on Thursday in response to a move by the US to place a comprehensive set of sanctions on the Russian economy in an attempt to exert more pressure on the country over the crisis in Ukraine. The Russian Micex dropped by almost 3%, while the Rouble currency is down 0.8% at […]
July 17, 2014 – Stock Market News Today’s Hot Asset – Google Stocks in Asia dipped for the first time in two days during today’s morning trading session. Investors are concerned regarding the current monetary policy in the U.S. as they feel that all the data is pointing towards a tighter policy being introduced. This […]
European markets have opened lower today, as traders took a breather after yesterday’s gains. Meanwhile, the US and the European Union unveiled fresh sanctions against Russia yesterday. With no major domestic economic releases today, market participants will focus on the final Eurozone consumer inflation data and earnings updates from some major European companies due later […]
European markets have opened lower today, as traders took a breather after yesterday’s gains. Meanwhile, the US and the European Union unveiled fresh sanctions against Russia yesterday. With no major domestic economic releases today, market participants will focus on the final Eurozone consumer inflation data due later in the day. Additionally, a slew of US […]
July 16, 2014 – Indices News Asian markets were mixed today as Chinese GDP growth met projections and accelerated to 7.5% in the 2nd quarter from a year earlier. The MSCI index lost 0.1%. Japan’s Topix index was little changed and the Hang Seng gained 0.3%. The Shanghai Composite declined 02.%. European stocks gained for […]
July 16, 2014 – Daily Market News Today’s Hot Assets: GBP, USD, CAD Janet Yellen began her 2 day congressional testimony yesterday. She suggested that suggested valuations on Internet stocks may be stretched and also noted that the Fed could act sooner on interest rates. U.S. stocks were initially higher after positive earnings and data […]
We’ve never done this before. That’s the message we received from our friends at Elliott Wave International regarding a new, one-of-a-kind event that they’re hosting. On July 23-30, for 7 days only, they are “opening the doors” to the entire line of their intensive Pro Services — free. Pro Services are the most nimble, opportunity-rich, professional-grade forecasting services at […]
July 16, 2014 – Forex News Hot Asset For Today: GBP/USD Yesterday, the EUR/USD pair finally broke through its support and fell to 1.3555. The pair was driven by both currencies. The U.S. Dollar strengthened on the back of the Fed Chairman Janet Yellen testimony and Euro weakened after ZEW Economic sentiment came out unexpectedly […]
European stock markets rose after upbeat comments on the US economy by Federal Reserve chairwoman Janet Yellen and better than expected GDP figures out of China, hitting government growth targets. The Stoxx Europe 600 Index rose 0.5% while the FTSE100 up 0.6% and the DAX up around 0.5%. Overnight in Asia, the Shanghai Composite fell […]
July 16, 2014 – Stock Market News Today’s Hot Asset – Ebay Stocks in Asia continued to trade higher for a second consecutive session this morning. Investors within Asia were given a massive boost of confidence after seeing that their economy has grown faster than expected during the second quarter. This news immediately made equities […]
European markets have opened in positive territory today, as traders cheered better-than-expected Chinese second-quarter GDP data. Closer home, market participants await UK ILO unemployment and claimant count data which are expected to show an improvement in UK labour market conditions. Additionally, traders will closely track the Federal Reserve chief, Janet Yellen’s second-day testimony and Eurozone […]
European markets have opened in positive territory today, as traders cheered better-than-expected Chinese second-quarter GDP data. Closer home, market participants await UK ILO unemployment and claimant count data which are expected to show an improvement in UK labour market conditions. Additionally, traders will closely track the Federal Reserve chief, Janet Yellen’s second-day testimony and Eurozone […]
Editor’s note: The article below is adapted from the transcript of the live presentation above, originally recorded at the 2014 Las Vegas Money Show. It features Elliott Wave International Chief Market Analyst Steve Hochberg. Hochberg is co-editor of The Elliott Wave Financial Forecast, one of EWI’s flasgship market letters. Click here for a free excerpt […]
In June, the U.S. government, revising its previous number, reported that the economy shrank by 2.9% in the first quarter of 2014. The steep plunge caught the bulls by surprise. It was substantially worse than the preliminary forecast for a 1.0% contraction, which itself was a far cry from the initial 0.1% growth forecast in […]
July 15, 2014 – Daily Market News Today’s Hot Assets: EUR, GBP, USD U.S. stocks gained after Citigroup released better than expected earnings and Apple’s rating was boosted ahead of their earnings report on July 22. Apple’s target price was also increased pushing the stock 1.3% higher. At session close the S&P 500 was 0.48% […]
