Stocks – Asia The Asian stock market was seen trading mixed on Wednesday after the Bank of Japan released a statement which showed that the bank refrained from adding to monetary stimulus at its last meeting. Japan The Japanese benchmark Nikkei 225 index slid 0.24% lower closing at 14,042.17, while Tokyo’s Topix index lost 0.29% […]
European equity markets are mostly mixed, flipping between small gains and losses with market participants contending with the prospect of the European Central Bank underwhelming the market with a lighter stimulus package than anticipated. At the same time, the bullish momentum in markets is fading somewhat as benchmark indices in major developed economies like the […]
May 21, 2014 – Daily Market News Today’s Hot Assets: GBP, Oil, USD, Gold Disappointing company earnings lowered sentiment yesterday causing U.S. stocks to fall. Caterpillar shares, for example, declined 3.6% after a large drop in machinery sales during the last quarter. At session close, the S&P 500 was 0.65% lower and the Dow Jones […]
European share markets are on the back foot for a third straight day following losses on Wall Street on Tuesday and weaker markets in Asia overnight. Traders are cutting risk ahead of meeting minutes by both the Bank of England and the Federal Reserve and consumer confidence data out of the euro zone. On Wall […]
May 21, 2014 – Forex News Hot asset for today: GBP/USD The EUR/USD pair slightly moved down yesterday, however finished the day again around 1.3700. We can see that the pair is pretty stable around this price as it is remains in this area for past 6 trading days. Yesterday two FOMC members had a […]
European markets have opened lower today, tracking overnight losses on Wall Street. Later, traders will turn their attention to the minutes of the US Federal Reserve and the Bank of England’s latest policy meetings for hints on their future policy stance. Additionally, speeches from the Fed’s Janet Yellen and several other officials will sway market […]
May 20, 2014 – Indices News Asian markets fell initially at the beginning of the session due to turmoil in Thailand. The Thai army has declared marshal law and investors are panicking over the possibility of a coup d’etat. This pushed the yen higher as individuals and institutions sought a safe place to park their […]
May 20, 2014 – Stock Market News Today’s Hot Asset – Vodafone Stocks in Europe are currently trading sharply lower as investors head into the second half of the session. Investors are not responding well to the European Central Banks comments last week and they are also looking ahead to the release of the Federals […]
May 20, 2014 – Daily Market News Today’s Hot Assets: GBP, Oil After a quiet session, U.S stocks finished higher following gains in technology shares. Google gained 1.6% after news that they may be acquiring Twitch, a video streaming service, and Apple gained 1.2% following an agreement to dismiss disputes regarding patenting. At the close […]
May 20, 2014 – Forex News Hot asset for today: GBP/USD The EUR/USD pair has been traded in a flat channel since Friday ranging between 1.3685 and 1.3730. The pair did not move much as no important economic data where released. Even the speech of Bundesbank president Jens Weidmann did not surprise the market anyhow […]
A mixed picture emerging for European equity markets this morning, with UK and German markets underperforming indices in France, Italy and Spain. Traders are searching for catalysts for fresh direction following the subdued previous market session. Of course, geopolitical risks continue to weigh on market sentiment amid hearing news out of Thailand over the declaration […]
European markets have opened mostly lower today, as traders await speeches from several ECB policymakers due later in the day to get hints on possible policy actions from the ECB. Additionally, investors look forward to the upcoming European parliamentary elections due later this week. Closer home, investors await data which is expected to show that […]
May 19, 2014 – Indices News Asian markets have started the week on a low note after fears of a slowdown in China resurfaced. Most of the anxiety began after home price data came out worse than expected – giving investors the impression that growth in the Middle Kingdom may be coming to a standstill […]
May 19, 2014 – Daily Market News Hot Asset For Today: USD, WTI We could see higher volatility today in the morning on USD/JPY pair. The pairing has been moving slightly downwards to the detriment of the dollar namely due to figures released from the U.S both coming out on one hand positive in regards to U.S […]
May 19, 2014 – Stock Market News Today’s Hot Asset – Pfizer Stocks in Asia traded slightly lower during the morning session today. Investors were very cautious during today’s session following weak housing data. This fundamental news weighed heavily on equities and caused the slide downwards. Due to this movement binary options traders were able […]
A soft start for European equity markets after data overnight sparked concerns that China’s slowing property market may sap growth further in the world’s second largest economy. Latest flare-up in tensions between Ukraine and Russia give the market another reason to take some cash off the table. All major European benchmarks are in the red, […]
May 19, 2014 – Forex News Hot Asset For Today: EUR/USD EUR/USD The euro seems to have lost ground to the dollar towards the end of last week, which was due mainly to the fact that some financial reports such as U.S building permits showing positive results and somewhat strengthening the the dollar to the […]
May 19, 2014 – Weekly News WEEKLY REPORT 19/05-23/05 EUR/USD Last week the EUR/USD slightly dropped on Tuesday once the German and EU ZEW Economic sentiment was released and showed figures under expectation. The disappointing data pushed the EUR/USD below 1.3700 and on Wednesday the pair fell for a while to 1.3640 but returned back […]
European markets have opened mostly lower today. Traders look forward to the speeches from ECB policymakers, Jens Weidmann and Yves Mersch, due later in the day for hints on the ECB’s future policy stance. Closer home, Rightmove reported that the house price index in the UK climbed 8.9% YoY in May, compared to a 7.3% […]
May 16, 2014 – Indices News Asian markets have fallen for the first time this week after the yen appreciated and China’s bad loans increased. The strengthening of the yen has made the overseas income of Japanese exporters less value, which significantly weighs equity markets and hurting companies like Toyota. With regards to the Middle […]
Stocks – Asia Stocks in Asia were seen falling on the last day of the trading week, as the stronger yen dragged Japanese stocks lower. Japan’s benchmark Nikkei 225 index lost 1.44% to 14,092.00 points, while Tokyo’s Topix index sank 1.81% to 1,156.92. Japan’s industrial production climbed 0.7% higher in March on a monthly basis, […]
IBM continues to fall after the recent breakout of the daily up channel from the start of February (which has enclosed the previous primary ABC correction). The top of this up channel formed when IBM corrected down from the resistance area lying between the round resistance level 200.00 and 61.8% Fibonacci Correction of the preceding […]
May 16, 2014 – Daily Market News Hot Asset For Today: USD, WTI The Euro has remained under pressure as the yesterday’s data about the economic growth showed that the Euro are increased just by 0.2%. That increased the speculation over possible European central bank monetary stimulus and made additional pressure on the single currency which weakened […]
May 16, 2014 – Forex News Hot Asset For Today: EUR/USD The EUR/USD is ranging today as there is no major European data coming out this morning. However, later in the afternoon there will be a plethora of information from the United States that traders will need to watch. At 12:30 GMT, Building permits and housing […]
European stock markets were steady Friday as yesterday’s dire GDP reinforced the argument that the European Central Bank will have to take aggressive action to stimulate economic growth in the region. That said, upside momentum is being pressured by the latest development in Ukraine. Traders are unnerved by reports that Ukrainian troops moved to force […]
May 16, 2014 – Stock Market News Today’s Hot Asset – Deutsche Bank Stocks in the U.S. declined during yesterdays penultimate session of the week. Investors started the day awaiting key data and earnings releases which created a very mixed mood amongst investors. However, once the results started to come out it was clear which […]
European markets have opened steady today, following yesterday’s losses. With no domestic macroeconomic releases today, traders will eye US preliminary Reuters/Michigan consumer sentiment data which is expected to show an improvement for May. Additionally, US housing reports along with Eurozone trade data will attract market attention. Related Posts:Tesla Q1 Earnings: Poor deliveries point to disappointing… […]
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May 15, 2014 – Indices News Asian markets outside of Japan have gone up today on better than expected PPI data from the United States. However, the yen received a boost from better than expected Japanese data – an event that made the overseas income of Japanese exporters shrink. Thus, Japanese equities went down a […]
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