Stocks – Europe In Europe, the equities market climbed on Thursday as investors await a string of economic reports including the eurozone’s first-quarter GDP report and inflation results for April. The European Euro Stoxx 50 gained 0.26% to 3,218.79 at the time of writing, while the German DAX added 0.41% to 9,794.18. At the same […]
May 15, 2014 – Daily Market News Hot Asset For Today: EUR, USD, WTI Today traders will see the biggest opportunity to trade the European CPI and GDP data. As we know for past 2 months ECB is backing up its inflation data which remains low and deny to cut the interest rate to spur […]
The government and the quasi-governmental bank, the U.S. Federal Reserve, do not want you to read this report we are about to share with you, because it uncovers the devastating impact they have had on the nation’s money (YOUR money), as well as the U.S. economy and financial markets. Operating under a government mandate and […]
European stock markets are up a touch Thursday, shaking off weakness in US and Asian markets overnight with traders focussed on fresh economic data from the euro zone in the shape of a GDP report and harmonised inflation as well as some high profile US economic data reports. The possibility that the European Central Bank […]
May 15, 2014 – Stock Market News Today’s Hot Asset – Manchester United Stocks in Asia traded mixed throughout the early session today. There was plenty of volatility within the market today which was as expected following the slow session yesterday. Earnings figures from some of the biggest regional technology companies also missed projections dragging […]
European markets have opened in the red today, tracking yesterday’s losses on Wall Street. Traders await a raft of Eurozone and US macro releases especially Eurozone gross domestic product and US consumer prices data due later today for further direction. Additionally, the US Fed chief Janet Yellen’s speech will hold market interest. Closer home, investors […]
May 14, 2014 – Indices News Chinese markets have climbed today to the highest level in 4 months. Most of the bullish sentiment stems from the belief that the Chinese government will act to support the property market. Specifically, China’s central bank told lenders to improve efficiency in their services. Investor optimism was so high […]
Stocks – Asia Stocks in Asia were seen trading mixed on Wednesday as stocks in the US climbed to a record high overnight. The Japanese benchmark Nikkei 225 index lost 0.14% closing the session at 14,405.76 points, while Tokyo’s Topix index edged 0.41% higher ending at 1,183.15 points. The Japanese publisher Kadokawa advanced by 10%, […]
May 14, 2014 – Stock Market News Today’s Hot Asset – BNP Paribas Stocks in Europe are currently trading mixed, as the session moves into its second half. Stocks started the day continuing there move upwards following on from the previous two sessions. Stock values have started to decline slightly, as many investors are now […]
May 14, 2014 – Forex Daily News Today’s Hot Assets: GBP, USD, WTI Yesterday we saw sharp drop in Euro peers caused by disappointing data from German/EU ZEW Economic sentiment. The Euro currency was very strong on believes that European Central bank is not going to act in the end despite several previous statements. However, […]
Recently, Barron’s included an article from Robert Prechter, founder of Elliott Wave International (EWI), the world’s largest financial forecasting firm. It was adapted from a recent issue of Prechter’s Elliott Wave Theorist, the investment letter the famed market forecaster has published every month since 1979. Part monetary history lesson, part big-picture market forecast, the full […]
Equities in Europe are broadly flat Wednesday, pausing for breath after major regional stock benchmarks climbed to six-year highs in the previous session on heightened speculation that the European Central Bank will fire stimulus measures next month. Overnight, Asian share markets rose to their highest level in more than a month following the stellar session […]
European markets have opened mixed today, after major regional indices registered multi-year high in the previous session. Closer home, investors will keep a close eye on jobs data along with the Bank of England’s quarterly inflation report. Additionally, Eurozone industrial production data will be in focus which is expected to show a monthly drop in […]
May 13, 2014 – Indices News Asian markets have climbed after US indices performed exceptionally well. Due to the interconnected nature of the global economy, bullishness in the US will often translate into bullishness in Asia – especially considering the importance of the US market for Asian firms. Though Chinese Factory Production data came out […]
May 13, 2014 – Stock Market News Today’s Hot Asset – JP Morgan Chase Stocks in Asia traded sharply higher during the early session today. Investors within Asia were given a much needed boost of confidence as they witnessed U.S. equities climbing to record highs. This movement was then shadowed by Asia investors this morning, […]
Stocks – Europe Stocks in Europe were seen trading higher on Monday, boosted by gains seen in the US and Asian market, while Ukraine still remains in the spotlight. The European Euro Stoxx 50 rose 0.18% higher to 3,212.84 at the time of writing, while the German DAX gained 0.46% to 9,746.29. At the same […]
May 13, 2014 – Daily Market News Hot Asset For Today: Euro, USD Following an exciting week in the Forex market, investors might experience a high level of volatility throughout the day. This is partially due to some price correction but also due to a number of high profile events such as the European and […]
May 13, 2014 – Forex News Hot Asset For Today: EUR/USD The EUR/USD pair started to range in a very narrow channel just between 1.3743 and 1.3773. Partially the lack of movement was due to no economic releases and partially because of waiting for today’s data. Today at 9.00AM (GMT) the German ZEW Economic sentiment […]
European stock markets are steady Tuesday, trading higher on strong overnight leads in Asia and the US with market participants enthused by the improving global fundamentals in the form of stronger macro and corporate readings. There’s continued central bank activism as the ECB may respond with stimulus next month and the Fed retains an accommodative […]
European markets have opened higher today, tracking yesterday’s record closing high on Wall Street. Closer home, the British Retail Consortium indicated that retail sales in the UK rebounded in April. Later today, traders will focus on German and Eurozone ZEW economic sentiment reports for further direction. Across the Atlantic, US retail sales data will also […]
May 12, 2014 – Indices News Asian markets outside of Japan have gone higher today amid expectations that the Chinese government will act in order to prop up the value of equities. Specifically, China is expected to relax limits on foreign investment and expand quotas for capital flow – giving investors more confidence that the […]
May 12, 2014 – Stock Market News Today’s Hot Asset – Apple Stocks in the U.S. have opened the week trading higher. Trading is due to remain reasonably thin throughout today’s session as there a very few significant earnings reports due to be released as the session progresses. There is also little regional economic data […]
Stocks – Asia Asian stocks were seen swinging in between gains and losses on the first day of the trading week with shares in China trading higher on speculation that the government will boost equities. Japan’s benchmark Nikkei index lost 0.35% closing at 14,149.52 points, while Tokyo’s Topix index dropped 0.65%, ending the session at […]
AT&T continues to rise after the recent sharp reversal from the support zone lying at the intersection of the upper channel line of the wide daily down channel which has enclosed the earlier primary ABC correction from April of 2013 (acting as support now after it was broken in last month) and 38.2% Fibonacci Correction […]
May 12, 2014 – Daily Market News Today’s Hot Assets: USD, Gold New week started and Euro slightly recovered after a strong drop. However according to Bloomberg we can see that 74% of global investors see a risk of deflation in Europe. That might drive the Euro deeper and maybe today break through its support. […]
May 12, 2014- Weekly News EUR/USD Last week the EUR/USD pair started high despite very strong Non-farm payrolls. The pair then reacted on weaker U.S. Dollar which suffered as the U.S. stock slumped and on Tuesday managed to climb as high as 1.3950. In the second half of last week market was awaiting two main […]
European financial markets trade a touch higher Monday, kicking off the week on a positive note following on from sturdy gains in the Asian session overnight. That said, weekend developments in Ukraine remain a concern for market participants who are currently managing risk appetite appropriately by not putting all their chips on the table. Last […]
European markets have opened mostly in the green today, mirroring Friday’s gains on Wall Street. Against the backdrop of the referendum held in two regions of eastern Ukraine indicating that most people voted in favour of independence, investors will focus on further news flows emanating from Ukraine for further direction. Closer home, investors will keep […]
May 9, 2014 – Indices News Asian markets have risen as a result of Macau casino stocks rebounding. Though Chinese CPI data came out lower than expected, pacific rim markets were not disturbed in the slightest and kept climbing. Bullish sentiment has been present in the far east recently because of better than expected Chinese […]
Stocks – Europe Stocks in Europe were seen trading lower on Friday, falling from its highest level in over six years as trades continue to focus on the ongoing tensions in Ukraine. The European Euro Stoxx edged 0.37% lower trading at 3,192.60 at the time of writing, while the German DAX lost 0.18% to 9,590.53. […]
