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 23, 2015 – Daily Market News On Friday, the EUR/USD pair continued downward as nervousness on the market persisted. The pair bounced off the 1.1100 support level but finished the week slightly below 1.1200. During the weekend, the Greek election took place and as expected, Syriza party won. The pair declined back to 1.1100 […]
January 23, 2015 – Weekly News WEEKLY REPORT 26/1-30/1 EUR/USD Last week the EUR/USD pair started slightly above 1.1550 and remained there until Thursday. Investors were awaiting the European Central bank monetary meeting where most of them expected an announcement of further quantitative easing. The fact that ECB president Mario Draghi not just introduced the […]
Greek Election Results The Greek election results are in, and if anything the results are even better than expected for the far-left Syriza party than expected. Syriza is on course to win 149 out of 300 seats in the Greek Parliament, leaving it just 2 seats short of an overall majority and giving it far […]
European markets have opened in negative territory today, as the victory of the anti-austerity Syriza party in the Greek general election sparked fears that Greece might default on its debts and exit the Eurozone. Later today, market participants will keep a tab on BBA mortgage approvals data in the UK. Moreover, German Ifo sentiment indices […]
January 23, 2015 – Stocks Market News Last year proved positive for Starbucks to the end, as the coffee giant weathered doubts regarding its own ability to expand as it has and still continue to see a revenue on its stocks. Each stock earned the expected $0.80. Yesterday, Starbucks stock broke above the resistance level […]
January 23, 2015 – Indices News US stocks waited for the European Central Bank’s decision yesterday, but began to soar as the new stimulus plan was unfurled. Microsoft Corp increased 2.46%, NIKE Inc increased 2.5%, and JPMorgan Chase & Co improved 3.04%. The Dow Jones Industrial reached 17,813.98 yesterday after rising 1.48%. The S&P 500 […]
January 23, 2015 – Daily Market News On Thursday, the EUR/USD pair dropped more than 300 pips!!! as European Central Bank president Mario Draghi announced that the European Central Bank is going to launch an “expanded asset purchase program” with combined monthly purchases of 60 billion euros (earlier estimated 50 billion) from March through at […]
January 23, 2015 – Forex News Yesterday, the GBP/USD pair fell and broke through its support at 1.5030. The pair decreased as low as 1.4975 which is first time since July 2013. The pair reacted on the introduction of the massive bod-buying program which depreciated euro and negatively affected British Pound. On the other hand, […]
Greece and the Euro Zone This coming Sunday will see a general election take place which has the potential to seriously upset the apple cart in Greece and possibly affect the Euro zone as a whole. As things stand, the far-left Syriza coalition party is poised to gain the largest number of seats under the […]
European markets have opened firmer today, adding to yesterday’s gains, as traders continue to cheer the ECB’s full-scale bond-buying programme to revive the region’s economy. Later today, investors will keep a tab on UK retail sales data which is expected to show a decline on a monthly basis in December. Moreover, Markit PMIs data from […]
January 22, 2015 – Indices News A modest improvement in the price of oil towards the beginning of the US session allowed for some relief among refineries and the energy sector as a whole. Movements remained tame in wait for today’s euro interest rate decision. UnitedHealth Group In, the largest winner on the Dow Jones […]
January 22, 2015 – Stock Market News IBM had a solid quarterly earnings report, each share profiting $5.81; $2.13 higher than previous earnings and $0.40 higher than estimated for the quarter. Despite these impressive figures, IBM has been heading downwards on the announcement that IBM will be using more of its resources to further cloud […]
January 22, 2015 – Daily Market News On Wednesday, the EUR/USD pair tried to break out up, however the sharp movement up was immediately pushed back below 1.1600. We can explain this jump on the pair as an attempt of the market to get the price higher before today’s European Central bank press conference where […]
January 22, 2015 – Forex News Yesterday, the GBP/USD pair dropped down despite the strong U.K. labour data which showed lower number of people claiming unemployment benefits. The bearish sentiment appeared after investors saw that the Official Bank Rate Votes returned back to 0-0-9 which means that all of the members are against the interest […]
Asian shares held near eight-week highs on Thursday as investors bet on the likely size and scope of a bond-buying program the European Central Bank is poised to unveil later in the day as it attempts to revive the flagging Euro zone economy. The Nikkei ended higher at 17,329.02. U.S. stocks edged up in a […]
European markets have opened mostly in the green today, as traders widely expect the ECB to unveil a full-blown quantitative easing programme at its monetary policy meeting later today. Going forward today, market participants will keep a tab on UK public sector net borrowings data along with speeches from BoE officials for further direction. Moreover, […]
January 21, 2015 – Stock Market News Despite slightly disappointing quarterly earnings, Netflix stock jumped yesterday based on an increase in subscription. The rise in subscribers marks the single largest quarterly increase of subscribers to date at 4.3 million in three months; one third of the subscriptions done this year. While quarterly earnings were slightly […]
January 21, 2015 – Indices News Concerns of an economic slowdown caused wariness among investors, causing stock movements to be limited. US stocks initially started with strong downward momentum, but began to correct upwards as the day progressed. The Dow Jones Industrial inched 0.02% upwards to 17,515.23. The S&P 500 increased 0.15% to 2,022.55. While […]
21 January 2015: Shares rise 15% after the most recent deal is announced from blur Group, as investors eye positive cash flow at the company in twelve months time. CEO Philip Letts also offers his view of the future of the corporate landscape. Related Posts:GBP/USD: trading plan for the US session on May 9th… May […]
January 21, Daily Market News Yesterday, the GBP/USD pair increased up towards its resistance level, however once the pair test the resistance to break above, the pair lost momentum and declined back. The movement remained sideways before today’s U.K. labour data releases. At 9.30AM (GMT) the U.K. Claimant Count Change, Unemployment rate and Average Earning […]
Chinese indices hit a six-week high and the Euro stayed under pressure on Wednesday as investors counted on the European Central Bank to unveil a stimulus drive. Japan’s Nikkei bucked the trend by slipping 0.5% and the Yen gained 0.9% to 117.76 to the Dollar after the BoJ kept its current economic stimulus level unchanged. […]
European markets have opened in positive territory today, extending previous sessions gains, amid growing speculation that the European Central Bank might unveil a full-scale bond-buying programme to boost the region’s economy at its monetary policy meeting tomorrow. Later today, investors will keep a tab UK employment data along with the minutes of the Bank of […]
January 20, 2015 – Indies News With the long weekend about to close behind them, US markets look geared to increase as positive earnings data have been released. On Friday, Goldman Sachs released earnings of $4.38 per share; 30 cents higher than expected. Investors had yesterday to prepare to react to positive European data, and […]
January 20, 2015 – Stock Market News IBM is due to release its fourth quarter earnings later today. Recent data have left a lot to be desired, and so far IBM stocks are down for the fiscal year after third quarter disappointments. To its credit, IBM took heart from last quarter’s disastrous drop in profits […]
January 20, 2015 – Forex News During the Monday’s trading hours, the GBP/USD pair declined towards its support line and during today’s Asian session broke through. The British pound weakened against the U.S. Dollar to one week low before tomorrow’s U.K. labour data. Due to the fact that there are no important economic releases today, […]
January 20, 2015 – Daily Market News On Monday, the EUR/USD pair slightly recovered from the 11-years low and on the thin trading day increased towards the 1.1640. However, during the Asian session the pair started to decrease and currently is moving around 1.1570. The price did not react much on the news from International […]
Japan’s Nikkei stock average climbed 2.07% on Tuesday, posting its biggest one-day gain in a month, as markets took comfort from China data and on expectations that the European Central Bank will unveil stimulus measures. The benchmark Nikkei rose to 17,366.30. The Euro was trading at $1.1582 ahead of Thursday’s ECB meeting, down 0.2% on […]
European markets have opened firmer today, tracking gains in Asian markets, after data indicated that China’s GDP grew more than expected in the fourth quarter of 2014. Meanwhile, the IMF, in its World Economic Outlook Update, lowered its global growth forecasts for 2015 and 2016. Later today, investors will keep a tab on speeches from […]
January 19, 2015 – Indices News US stocks improved on Friday as consumer confidence was reportedly high. The Home Depot Inc went up 3.08%, United Technologies Corp increased 2.3%. Small stocks paired off on the Nasdaq, which improved by 1.39% overall to 4,634.38. The Dow Jones Industrial improved 1.10% to 17,511.57. The S&P 500 increased […]
