European markets have opened mostly on a weaker footing today, as traders took a breather following two days of gains and ahead of the minutes of the US Federal Reserve and the Bank of England’s latest monetary policy meetings. Closer home, market participants will keep a tab on the Confederation of British Industry’s industrial trends […]
August 19,2014 – Daily Market News Today’s Hot Assets: USD, Oil U.S. stocks climbed as geopolitical tension seemed to ease. Traders were also waiting for this week’s data, including CPI and the FOMC Meeting Minutes, to determine the strength of the economy. Investors are anxious for any hints towards raising interest rates as data has […]
August 19, 2014 – Forex News Hot asset for today: EUR/USD EUR/USD Yesterday, the EUR/USD fell below 1.3360, confirming the wider channel the pair has been trading within for the past 5 days. The pair reacted to the stronger U.S. Dollar which has been benefitting from positive speculation ahead of tomorrow’s report. Today at 12.30PM […]
August 19, 2014 – Stock Market News Today’s Hot Asset – BHP Billiton Stocks in the U.S. traded sharply higher throughout yesterday evenings session. Investors in the U.S. were given a much needed shot of confidence following positive home-builder data. This news relieved much of the weight remaining within the equity markets and as a […]
The Dow rose 1% in yesterday’s trading, creeping back up towards the 17,000 level, with the S&P also up by 0.85%. The US indices have been aided by a strong earnings season for Q2 2014, with a significant percentage of S&P 500 companies beating expectations. The strengthening US economy, with unemployment declining, has also played […]
European markets have opened firmer today, extending yesterday’s gains, amid ebbing tensions over the Ukrainian crisis. Closer home, traders await consumer prices data which is expected to show the UK annual consumer price inflation slowed in July. Additionally, Eurozone current account along with US consumer price inflation and housing starts data will be on investors’ […]
European markets have opened firmer today, extending yesterday’s gains, amid ebbing tensions over the Ukrainian crisis. Closer home, traders await consumer prices data which is expected to show the UK annual consumer price inflation slowed in July. Additionally, Eurozone current account along with US consumer price inflation and housing starts data will be on investors’ […]
August 18, 2014 – Indices News Asian stocks were little changed following five days of bullish movement. In China, the Shanghai Composite added 0.57% while the Hang-Seng was unchanged following weaker than expected results on the Yearly Foreign Direct Investment report. The Nikkei showed moderated movement, gaining 0.03% due to conflicting sentiment stemming from a […]
August 18, 2014 – Stock Market News Today’s Hot Asset – Coca-Cola Stocks in Europe are currently trading higher as the first session of the week nears its close. Investors in Europe seem to be more relaxed during today’s session as the tension between Ukraine and Russia began to subside again. The situation flared up […]
August 18, 2014 – Daily Market News U.S. stocks closed lower after U.S. data was mostly worse than expected with the Michigan Consumer Sentiment falling to 79.2. Losses were also seen due to reports that tension between Russian and Ukraine increased. At session close, stocks shrugged off some of their losses and the S&P 500 […]
August 18, 2014 – Forex News Hot asset for today: EUR/USD EUR/USD Last Friday, the EUR/USD slightly increased and finished just below 1.3400 in reaction to weaker U.S. data. As the new week started the pair slightly declined to its current price at 1.3385. Today there is no important economic data coming out meaning investors […]
August 18, 2013 – Weekly News WEEKLY REPORT 18/08-22/08 EUR/USD Last week, the EUR/USD pair moved sideways in a wide channel. The pair jumped to 1.3415 but then fell to 1.3350. Indecision in the market caused the sharp movements. The main event this week will be the U.S. FOMC Meeting Minutes which will be released […]
There was mixed news for Asian indices during the week’s first session; the Shanghai Composite was up by around 0.6%, with stocks at an 8-month high after tech and shipping sector gains. However, the Hang Seng was down by 0.1% as China’s Foreign Direct Investment number fell for the first time in 17 months and […]
European markets have opened firmer, rebounding from Friday’s losses, triggered by news that Ukrainian forces destroyed Russian military vehicles in Ukraine territory. Closer home, the Rightmove indicated that house prices in the economy suffered a record monthly drop in August. Looking ahead, amid a lack of domestic economic releases, traders will keep an eye on […]
European markets have opened firmer, rebounding from Friday’s losses, triggered by news that Ukrainian forces destroyed Russian military vehicles in Ukraine territory. Closer home, the Rightmove indicated that house prices in the economy suffered a record monthly drop in August. Looking ahead, amid a lack of domestic economic releases, traders will keep an eye on […]
August 15, 2014 – Daily Market News For past two days, the EUR/USD pair is traded in a different way when we saw low volatility during the day but significant spike up around 12.00 GMT. That might point on negative expectation from the U.S. market which disappears once the economic data comes out. Today […]
August 15, 2014 – Forex News Hot Asset For Today: EUR/USD The EUR/USD has been ranging ahead of data coming out later today. At 12:30 GMT, US PPI and Empire State Manufacturing reports will be published. Later, at 13:15 GMT, US industrial production data will come out. Consequently, the pair may experience a good amount of activity […]
Sara Walker from IG walks through the single biggest market in the world – Forex, or Foreign Exchange. Forex is the buying and selling of currency. It is global and happens 24 hours a day, Monday to Friday. Learn the terminology, how to buy and sell currency pairs, and to understand. Learn more about forex: […]
August 15, 2014 – Stock Market News Today’s Hot Asset – Pfizer Stocks in the U.S. continued to trade higher throughout yesterday evenings trading session. Investors in the U.S. showed their sense of relief yesterday, as they noticed the conflict between Ukraine and Russia looks like it’s starting to subside. This lifted lots of sentiment […]
Tough questions for the Euro zone this morning, as French finance minister Michel Sapin declared that the Euro areas’ second largest economy will adjust the speed of its deficit reduction, instead of raising taxes in a bid to meet its deficit targets. This is likely to raise serious questions for the ECB, which faces growing […]
European markets have opened in positive territory today, extending yesterday’s gains as conciliatory comments from the Russian President, Vladimir Putin, lifted investors’ sentiment. Closer home, market participants await the revised second-quarter Gross Domestic Product data due later in the day. Meanwhile, amid a lack of major economic releases in the Eurozone today, traders look forward […]
European markets have opened in positive territory today, extending yesterday’s gains as conciliatory comments from the Russian President, Vladimir Putin, lifted investors’ sentiment. Closer home, market participants await the revised second-quarter Gross Domestic Product data due later in the day. Meanwhile, amid a lack of major economic releases in the Eurozone today, traders look forward […]
The following article was written by Elliott Wave International’s Senior Instructor Jeffrey Kennedy to show what you can expect from a market at the completion of various Elliott wave patterns. Jeffrey, a Chartered Market Technician and highly sought-after speaker and teacher, will host a free Trader Education Week, August 20-27. Learn more now. Some people […]
You may remember that during the 2008-2009 financial crisis, many called into question traditional economic models. Why did the traditional financial models fail? And more importantly, will they warn us of a new approaching doomsday, should there be one? That’s a crucial question to your financial well-being. This series gives you a well-researched answer. Here […]
Asian Stocks Stocks in the Asian region were seen trading higher on Thursday, tracking Wall Street gains after the release of the US retail sales report and Japan’s machinery orders data. Japan The Japanese Nikkei 225 index advanced 0.66%, closing at 15,314.57, while Tokyo’s Topix index rose 0.70% to 1,271.00. The nation’s yen weakened against […]
August 14, 2014 – Indices News Asian stocks were mixed today, with earning releases together with speculative talk on reduction in the Federal Reserve interest-rate increases moving markets in different directions. The Shanghai Composite decreased by 0.74%, while the Hang Seng lost 0.36%. Both Chinese Financial hubs underwent a negative correction following 3 days […]
August 14, 2014 – Daily Market News Today’s Hot Asset: EUR U.S. stocks closed higher following a rally in biotech shares. At session close the S&P 500 was 0.67% higher and the Dow Jones added 0.55%. Asian markets were mixed. The Nikkei added 0.66% as the Dollar increased against the Yen, trading at ¥102.47. The […]
European stocks faltered Thursday after the release of dismal GDP data out of France and Germany showed no growth in the continent’s two biggest economies and as worries over Ukraine linger. The Stoxx Europe 600 index is down 0.4% while the FTSE100 index is broadly flat. Germany’s DAX and France’s CAC40 both record mild losses […]
August 14, 2014 – Stock Market News Today’s Hot Asset – Vodafone Stocks in Europe edged higher during yesterday’s trading session. Investors in Europe were pleased with the positive influx of corporate earnings figures that were released during yesterday’s trading session. This news managed to offset the negative data released in Asia earlier in the […]
European markets have opened in the red today, following disappointing GDP data from the Eurozone’s two largest economies, Germany and France. Closer home, data from the Royal Institution of Chartered Surveyors indicated that house prices in the UK dropped in July. With no domestic economic releases later today, traders look forward to Eurozone GDP and […]
