May 9, 2014 – Daily Market News Hot Asset For Today: GBP Twitter finally reversed its sharp drop yesterday and finished slightly below 32.00. Compared to its price about two weeks ago ($42.00) we see that investors lost its trust in Twitter company. Index S&P500 finished slightly lower (-0.14%). The main event yesterday was the […]
Intel recently reversed up twice from the support level 26.00. The support zone near this support level (highlighted on the daily Intel chart below) was strengthened by 38.2% Fibonacci Correction of the preceding sharp upward price impulse from the middle of March and the lower daily Bollinger Band. Intel is expected to rise further […]
May 9, 2014 – Forex News Hot Asset For Today: EUR/USD The EUR/USD dropped yesterday after the ECB kept the interest rate unchanged and Janet Yellen repeated in her testimony the need for the Federal Reserve to both spur growth and continue tapering at a regular pace. As long term US monetary policy remained unchanged, […]
May 9, 2014 – Forex News Hot Asset For Today: EUR/USD The EUR/USD dropped yesterday after the ECB kept the interest rate unchanged and Janet Yellen repeated in her testimony the need for the Federal Reserve to both spur growth and continue tapering at a regular pace. As long term US monetary policy remained unchanged, […]
European stock markets traded lower Friday with investors currently weighing up central bank rhetoric with Ukraine tensions, together with data indicating disinflationary pressures in China. Early Friday, the Stoxx Europe 600 index fell from multi-year highs while US stock futures traded lower. The Stoxx600 on Thursday climbed to its highest level since January 2008 after […]
May 9, 2014 – Stock Market News Today’s Hot Asset – Barclays Stocks in Asia closed the final trading session of the week trading mixed to lower. Stocks in Japan performed best in the region throughout today’s session. However, this was not enough to pull the whole region out into positive figures and the week […]
European markets have opened in the red today, as investors continue to remain cautious after Pro-Russian activists in eastern Ukraine indicated that they would ignore Vladimir Putin’s appeal to postpone Sunday’s independence referendum vote. Going forward, traders will track a batch of key corporate results for further cues. Closer home, investors will keep an eye […]
May 8, 2014 – Indices News Asian markets have rebounded from yesterday’s drop after Chinese exports rose more than expected. This has temporarily assuaged fears that the Chinese economy could be experiencing a slowdown. Furthermore, investors were also a little more bullish in light of Janet Yellen’s statements emphasizing the need for the federal reserve […]
Stocks – Asia Stocks in the Asian region were lifted on Thursday, bouncing back from yesterday’s losses after the Federal Reserve’s (Fed) Chair Janet Yellen delivered her speech. The Japanese benchmark Nikkei 225 index edged 0.82% higher to 14,148.53 points at the time of writing, while Tokyo’s Topix index climbed 0.59% to 1,158.79 points at […]
May 8, 2014 – Stock Market News Today’s Hot Asset – Barclays Stocks in Europe are currently trading higher today. Investors within the region are keenly awaiting the upcoming policy statements due to be released later in the session by the Bank of England and the European Central Bank. Suggestions that tensions between Russia and […]
European equities advanced Thursday with market participants taking heart in Federal Reserve head Yellen’s latest pledge to support the US economy through accommodative monetary policy together with hopes of a de-escalation of the Ukraine crisis. Yellen on Wednesday said US rates will be kept near zero for a “considerable time” after it ends its bond-buying […]
May 8, 2014 – Daily Market News Today’s Hot Assets: USD, EUR, GBP Janet Yellen, Head of the Federal Reserve spoke yesterday and reassured investors that interest rates will remain low even after unemployment and inflation figures improve further. Traders welcomed the news and stocks climbed. The S&P 500 gained 0.56% and the Dow Jones […]
European markets have opened in the green today, following robust Chinese trade data and dovish comments from the US Federal Reserve Chief, Janet Yellen. Additionally, easing tensions in Ukraine supported risk sentiment. Closer home, Halifax reported that house prices in the UK dropped unexpectedly by 0.2% MoM in April, compared to a revised 1.2% fall […]
May 7, 2014 – Indices News Asian markets fell the most in seven weeks as internet equities collapsed and a high yen forced Japanese stocks down. Companies like Panasonic fell on lower export revenue as a result of the yen’s new found strength. Also putting downward pressure on Pacific rim markets was profit taking by […]
Stocks – Asia Stocks in the Asian region were seen trading lower on Wednesday, falling to a seven-week low as shares in Japan were dropping due to the stronger yen while investors raise concerns over the Chinese economy slowdown deepening. In Japan, the benchmark Nikkei 225 index slid 2.93% lower closing the session at 14,033.45 […]
Apple recently reached the buy target 600.00 that was set in our previous report for this company. The price has been rising strongly in the last few trading sessions – following the earlier breakout of the extended daily Triangle from December of last year. The price just reversed down from 600.00 and might correct down […]
May 7, 2014 – Daily Market News Today’s Hot Assets: USD, Gold The selloff of technology and internet stocks began again yesterday sending indices lower. Twitter, for example, lost about half of its value from the beginning of the year as the lock up in shares expired. Facebook, Netflix and Tesla also experienced losses. At […]
May 7, 2014 – Forex News Hot Asset for Today: EUR/USD The EUR/USD broke through its resistance and climbed to almost 2 month high. The reason why the pair moved so high came from both markets. Investors are disappointed by U.S. stock performance which declined in two days by more than 1%. The pair also […]
Equities in Europe slide this Wednesday morning while traditional safe-havens such as government bonds and even gold track higher as worries about the ongoing crisis in Ukraine, bloated equity valuations which do not match up with earnings and weakness in China all dent market sentiment. Overnight, a retreat on Wall Street caused jitters across Asian […]
European markets have opened in the red today, as news from Ukraine painted a bleak picture of the country’s ongoing conflict with Russia and raised the prospects of a full-scale war between the two nations. Earlier, the British Retail Consortium reported that overall shop prices in the UK dropped 1.4% YoY in April, marking the […]
Stocks in Europe were seen trading higher on Tuesday as investors focus on the monthly reports on final services PMI’s for April from some region’s major economies. The European Euro Stoxx 50 rose 0.12% higher to trade at 3,175.50 at the time of writing, while the German DAX gained 0.11% to 9,539.80. At the same […]
European markets have opened in the green today, mirroring overnight gains on Wall Street following upbeat US ISM services sector data. Closer home, market participants will keep an eye on services PMI data which is expected to show an improvement in April. Meanwhile, services PMI data from other European nations and Eurozone retail sales data […]
Stocks – Europe Stocks in the European region began the trading week lower as investors focus on the ongoing tension in Ukraine as the crises escalated over the weekend. The European Euro Stoxx 50 slid 0.39% lower opening at 3,165.62, while the German DAX fell 23% to start at 9,534.04 at the time of writing. […]
Bank of America recently fell strongly inside the intermediate ABC correction (4) from March. The (C)-wave of this ABC correction stopped at the strong support level 15.00 (former strong resistance level which reversed Bank of America down in July of last year, acting as support now after it was broken in last November). The support […]
May 5, 2013 – Daily Market News Today’s Hot Assets: Gold, USD Friday’s U.S. Nonfarm Payroll report increased the most in over two years and showed that 288,000 jobs were added during the month of April. The Unemployment Rate also came out much better than expected and declined to 6.3%, the lowest it has been […]
May 5, 2014 – Forex News Hot Asset For Today: EUR/USD EUR/USD The pairing experienced quite a lot of activity, in particular when the Non-farm payroll report released its latest data showing positive results. Strength was seen immediately in favor of the dollar however this was short lived as the euro recovered shortly after. The […]
May 5, 2014 – Indices News Asian markets are down today after Chinese manufacturing contracted for a fourth month – reviving worries of a slowdown in the Chinese economy. Many analysts are noting that the problems facing China are structural, and that the “deceleration” could continue. Though data from the US has been bullish recently, […]
May 5, 2014 – Stock Market News Today’s Hot Asset – Pfizer Stocks in Asia traded lower during the early session today. Negative data released regarding China’s manufacturing sector has been the main cause of the downwards movement. Also the national holidays in Japan and South Korea has kept trading thin restricting gains. Stocks in […]
May 5, 2014 – Weekly News WEEKLY REPORT 05/04-09/05 EUR/USD Last week the EUR/USD pair gave several very good trading opportunities. First the pair increased on Monday on speculation over the German and EU CPI data. On Tuesday we saw a rapid drop as the German data disappointed, however the EU CPI came just slightly […]
Now that we’ve added over 100 UK and German stocks to our selection on eToro OpenBook, it’s time to learn more about these new arrivals. How do the London and Frankfurt stock exchanges work? The London and Frankfurt stock exchanges are the 4th and 10th largest stock exchanges in the world respectively. The London exchange […]
