February 2, 2015 – Daily Market News EUR/USD On Friday, the EUR/USD dropped after data released in the Eurozone showed that the yearly CPI fell by 0.6%. Analysts had expected an annual decline of 0.5%. During today’s early trading sessions, the pair rebounded after Friday’s decline. This comes as traders remain cautious over Greece’s future as […]
2 Feb 2015: Motif Bio, a developer of antibiotics is seeking to raise £4-£16mln by listing on AIM, valuing the company at up to £60 Million. CEO Graham Lumsden says it offers investors the opportunity to be a part of an ‘exciting’ $44bln market. Related Posts:Overview for the EUR/USD pair on April 24th. The EU […]
February 2, 2015 – Weekly News EUR/USD Despite starting last week at a fresh 11-year low, the EUR/USD halted its bearish sentiment and added 200 pips by the end of the week. The increase was caused by the European Union as the new Prime Minister of Greece, Alexis Tsipras, began to negotiate the previous bailout. […]
2nd February 2015: Azonto Petroleum’s new CEO, Gregory Stoupnitzky, says it is fully funded through to the launch of the Gazelle project, due late in Q2. Mr Stoupnitzky also looks at the share price and the opportunities presented to new investors.
U.S. stocks rose on Thursday, Jan. 30, which coincided with the Dow Jones Industrial Average climbing more than 200 points. Quarterly earnings Equities moved higher as investors received news that […] The post Stocks Rise, Sending Dow Up More than 200 Points appeared first on | HY Markets Official blog. Related Posts:Market Comment – Stocks […]
European markets have opened mostly in positive territory today. Traders look forward to manufacturing data across Europe and the US, especially after reports indicated that China’s manufacturing activity contracted in January. Closer home, economic data due later today is expected to show that the UK manufacturing sector expanded at a faster pace in January. Meanwhile, […]
January 30, 2015 – Daily Market News Today’s Hot Asset: USD U.S markets climbed as jobless claims plunged, showing further improvement in the labour market. Initial Jobless claims dropped to 265,000, much lower than the expected 300,000 and Continuing Jobless Claims dropped to 2,385K, below the expected 2,420k. In addition, oil prices rebounded and climbed […]
January 30, 2015 – Stock Market News Yesterday marked the surprise departure of McDonald’s CEO Don Thompson, who has been blamed for the fast food giant’s failure to reverse increasing drops in sales from quarter to quarter. This quarter was no exception, and just over a week ago McDonald’s returns failed to meet expectations, hitting […]
January 30, 2015 – Indices News U.S markets climbed as jobless claims plunged, showing further improvement in the labour market. Initial Jobless claims dropped to 265,000, much lower than the expected 300,000 and Continuing Jobless Claims dropped to 2,385K, below the expected 2,420k. In addition, oil prices rebounded and climbed back up to $45/barrel, boosting […]
January 30, 2015 – Stock Market News Yesterday marked the surprise departure of McDonald’s CEO Don Thompson, who has been blamed for the fast food giant’s failure to reverse increasing drops in sales from quarter to quarter. This quarter was no exception, and just over a week ago McDonald’s returns failed to meet expectations, hitting […]
Asian shares wavered between positive and negative territory on Friday, as a late earnings-led surge on Wall Street helped counter persistent concerns over global growth and sagging Chinese shares. U.S. stocks enjoyed a late afternoon rally and closed higher on Thursday as an upturn in oil prices and a rally in Apple and Boeing shares […]
European markets have opened higher today, ahead of a raft of economic data from the Eurozone and the US later today. Closer home, data from GfK showed that UK consumer morale jumped by more than anticipated to reach a five-month high in January. Later today, traders will keep a tab on UK mortgage approvals data […]
January 29, 2015 – Stock Market News Microsoft started on a rough patch as earnings were released. Despite beating expectations with a $0.75 reported earnings, Microsoft nevertheless started on a gloomy decline these past few days as prospects for growth were cloudy at best. However, in an attempt to garner further interest among Android and […]
January 29, 2015 – Daily Market News Today’s Hot Asset: USD The FOMC statement was released yesterday and showed optimism regarding the U.S economy. Members of the committee expressed belief that the economy is improving at a ‘solid’ pace and that the labour market conditions are advancing making the possibility of hiking interest rates during […]
January 29, 2015 – Forex News Hot asset for today: EUR/USD EUR/USD After climbing for two days from 1.1100 to 1.1420, the EUR/USD reversed and is currently trading around 1.1260. The movement was caused by the stronger Dollar which appreciated on the back of the FOMC statement. Many analysts were expecting the Fed to adjust […]
Asian shares extended losses on Thursday after the Federal Reserve took an upbeat view on the U.S. economy and signalled that it remains firmly on track to raise interest rates this year, despite an uncertain global outlook. U.S. stocks closed down on Wednesday, driven by a sharp decline in the S&P 500 energy sector and […]
European markets have opened in the red today, tracking overnight losses on Wall Street. Yesterday, the US Federal Reserve took an upbeat view on the US economy and reiterated its previous pledge to remain patient in raising interest rates. Closer home, data from Nationwide indicated that UK house price growth slowed on an annual basis […]
January 28, 2015 – Daily Market News Today’s Hot Asset: USD U.S stocks dropped, experiencing their biggest drop in 3 weeks. Markets were hit by weaker than expected data with Core Durable Goods Orders declining by 0.8%, instead of increasing by the expected 0.6%. The data sparked speculation that the Federal Reserve may postpone their […]
January 28, 2015 – Stock Market News In preparation for a negative earnings report, Yahoo stocks sank almost 3%. Much of the drop, however, did not necessarily come from an expectation that Yahoo would fail to deliver, but rather that it was failing to take steps to further its growth. Recently, Yahoo’s success can be […]
January 28, 2015 – Forex News Hot asset for today: EUR/USD EUR/USD On Tuesday, the EUR/USD continued to climb and reached a high of 1.1420 before bouncing downwards. The pair is being driven by the single currency which has appreciated on the back of the Greek elections. Despite the fact that there is no clear […]
Asian stocks showed some resilience on Wednesday as investors speculated as to whether the Federal Reserve could take a dovish turn in its post-meeting statement later in the session, amidst some signs that a stronger dollar was hurting U.S. corporate profits. U.S. stocks closed more than 1% lower on Tuesday as disappointing results from a […]
European markets have opened in positive territory today, ahead of the outcome of the US Federal Reserve’s two-day monetary policy meeting later today. Meanwhile, data indicated that German consumer confidence improved to a 13-year high in February and import prices in Germany dropped more than expected in December. With no major domestic economic releases today, […]
January 27, 2015 – Daily Market News Today’s Hot Asset: USD U.S markets climbed as investors shrugged off news from Greece. The left wing Syriza party won the elections and came to power. The party is strongly against the austerity program but shock in the market was short lived and traders believe that the result […]
January 27, 2015 – Indices News U.S markets climbed as investors shrugged off news from Greece. The left wing Syriza party won the elections and came to power. The party is strongly against the austerity program but shock in the market was short lived and traders believe that the result is unlikely to destabilize the […]
January 27, 2015 – Stock Market News Disappointment over Microsoft prospects had stocks easing downward, finally closing 0.36% lower than they opened. This disappointment stems from a lack of confidence over Microsoft’s new products and the gradual discontinuation of Internet Explorer. This is the second Microsoft product within a year to already have plans for […]
January 27, 2015 – Forex News Hot asset for today: EUR/USD EUR/USD On Monday, the EUR/USD corrected upwards and tested its resistance level. The main driver of the movement was the Euro which strengthened as nervousness that Greece could exit the Euro-zone faded out. In addition, German Ifo Business Confidence data met expectations, showing its […]
Most Asian share markets firmed on Tuesday and the Euro clung to rare gains, relieved that European equities had weathered Greece’s election outcome without too much disruption. U.S. stocks edged higher on Monday as investors brushed off fears that a leftist victory in Greece would bring fresh crisis to the Euro zone and energy stocks […]
European markets have opened mostly lower today. In major news, Standard & Poor’s Ratings Services downgraded Russia’s sovereign credit rating to “Junk” late yesterday. Closer home, traders will keep a tab on UK GDP and mortgage approvals data scheduled for release later today. Moreover, a series of US economic releases, including consumer confidence, durable goods […]
January 26, 2015 – Index News US markets wound down the week on a sour note, on a lower than expected release of home sales information. Market volatility suffered an unexpected flop after an otherwise positive weak. Continued drops in oil prices pushed Chevron Corp down 1.9%, and Exxon Mobil Corp 2.13% lower. The Dow […]
January 26, 2015 – Stock Market News Switzerland’s surprise removal of the exchange cap between the euro and the franc had the surprise effect of drastically increasing the cost of importing. Daimler decided to give Swiss buyers a discount to counteract the price increase. Thursday, after further positive data coming from the European Central Bank’s […]
