European markets have open in negative territory today, reversing previous session gains, after regulators in the UK and the US imposed fines on five major global banks to settle allegations related to manipulation in foreign exchange markets. Going forward today, investors would focus on the Bank of England’s (BoE) quarterly inflation report for further cues […]
November 11, 2014 – Stock Market News Alibaba closed 4% higher yesterday in anticipation of a ‘holiday’ known as ‘Singles Day’. The concept acts as an anti -Valentine’s Day and was created by the company 5 years ago with the goal of boosting sales. Since then, it has become known as the largest online retail […]
November 11, 2014 – Daily Market News Today’s Hot Assets: Oil, Gold U.S stocks finished higher, closing at record levels once again. The economic outlook remains positive and data has consistently improved. At session close the S&P 500 was 0.31% higher at 2,038.26 and the Dow Jones was 0.23% higher. Asian markets were higher across […]
November 11, 2014 – Indices News U.S stocks finished higher, closing at record levels once again. The economic outlook remains positive and data has consistently improved. Friday’s labour data boosted optimism as it showed job creation remained above 200,000 for a 9th month in a row and the unemployment rate dropped to 5.8 %, its […]
November 11, 2014 – Forex News Hot asset for today: Gold EUR/USD The EUR/USD started the week by climbing up to 1.2500, despite the U.S Dollar experiencing bearish sentiment. However the pair then dropped back down to 1.2410. Traders were assessing labour data from the U.S but the conclusion was that data remained pretty strong. […]
November 11, 2014 – Commodities News Gold Gold retraced over 60% of its previous upwards movement. This pulled the price from $1,131/ounce to $1,178/ounce. Following this, the yellow metal fell to $1,146/ounce but has slightly recovered since. We can see that physical demand is picking up and may be supporting the price. Traders should focus […]
World equity markets hit their highest level in more than a month on Monday, lifted by a deal to give global investors easier access to China’s $3.9 trillion stock market as well as by further gains in U.S. equities. Wall Street closed higher, with the S&P 500 rising 0.3 percent to 2,038.26, a new closing […]
European markets have open in the green today, amid optimism over the US economy and following upbeat earnings updates from some European companies, including Vodafone and Henkel. Closer home, data from the British Retail Consortium indicated that like-for-like retail sales in the UK remained unchanged in October. With no major economic releases in Europe and […]
European markets have open in the green today, amid optimism over the US economy and following upbeat earnings updates from some European companies, including Vodafone and Henkel. Closer home, data from the British Retail Consortium indicated that like-for-like retail sales in the UK remained unchanged in October. With no major economic releases in Europe and […]
November 10, 2014 – Stock Market News GoPro is currently down 4.3% after reports that the company will offer $800 million in shares. The company makes high definition personal cameras and completed an IPO back in June; selling 17.8 million shares. Since this time more than $491 million has been raised. The offer price of […]
November 10, 2014 – Indices News The Nonfarm Payroll report was released on Friday and showed a surprising drop in the number of jobs created during the past month. Prior to the report the market had priced in positive results, strengthening the Dollar. The report showed that 214,000 jobs were created which was below the […]
November 10, 2014 – Daily Market News Today’s Hot Assets: Gold, Oil The Nonfarm Payroll report was released on Friday and showed a surprising drop in the number of jobs created during the past month. The unemployment rate, however, remained positive and dropped to 5.8% showing that the labour market is improving at a faster […]
November 10, 2014 – Indices News The Nonfarm Payroll report was released on Friday and showed a surprising drop in the number of jobs created during the past month. Prior to the report the market had priced in positive results, strengthening the Dollar. The report showed that 214,000 jobs were created which was below the […]
November 10, 2014 – Forex News Hot asset for today: Gold EUR/USD The EUR/USD dropped to a two year low but recovered slightly and is currently trading around 1.2490. Gains were seen following the disappointing U.S jobs data. Low volatility is expected today as no important data is set to be released. Consequently we recommend […]
November 10, 2014 – Weekly News EUR/USD Last week the EUR/USD dropped below 1.2400 and reached a new 2 year low. The drop was caused by dovish remarks from the European Central Bank. Draghi stated that if economic conditions worsen the bank is prepared to immediately add monetary stimulus to spur the economy. Speculation ahead […]
Asian shares gained on Monday after U.S. jobs data pointed to solid economic growth, with Hong Kong leading the gains after regulators set an opening date for a long-awaited trading link between the Hong Kong and Shanghai stock exchanges. U.S. stocks closed little changed on Friday, pressured by renewed uncertainty in healthcare stocks and by […]
European markets have open mostly higher today, tracking gains in Asian markets. A report over the weekend indicated that China’s trade surplus expanded in October while earlier today data showed that China’s consumer price inflation remained steady as expected last month. Closer home, traders will track Lloyds employment confidence data due later today. With no […]
European markets have open mostly higher today, tracking gains in Asian markets. A report over the weekend indicated that China’s trade surplus expanded in October while earlier today data showed that China’s consumer price inflation remained steady as expected last month. Closer home, traders will track Lloyds employment confidence data due later today. With no […]
November 7, 2014 – Stock Market News Walt Disney posted earnings yesterday after the market closed. The market expected to see growth across all segments. It was reported that during the last quarter, most companies’ box offices declined but Disney’s, however, climbed 70%. Guardians of the Galaxy alone made $750 million and the total looks […]
November 7, 2014 – Daily Market News Today’s Hot Assets: USD, Gold U.S. stocks climbed higher and closed at record levels once again. Gains came after Mario Draghi, the President of the European Central Bank, spoke during a press conference and reaffirmed that they are prepared to inject stimulus as soon as needed. U.S. data […]
November 7, 2014 – Indices News U.S. stocks climbed higher and closed at record levels once again. Gains came after Mario Draghi, the President of the European Central Bank, spoke during a press conference and reaffirmed that they are prepared to inject stimulus as soon as needed. U.S. data releases also boosted sentiment. Initial Jobless […]
November 7, 2014 – Forex News Hot asset for today: EUR/USD EUR/USD The EUR/USD sharply decreased after Mario Draghi (the president of European Central Bank) reinforced readiness to expand monetary stimulus if needed. The euro immediately depreciated against all 16 of its major peers and the pair tested 1.2400. Following this, the price reversed and […]
Asian shares edged down on Friday ahead of U.S. employment data later in the session, while the Euro wallowed around two-year lows after European Central Bank President Mario Draghi vowed to take further easing steps to spark growth in the euro zone. U.S. stocks edged up in a volatile session on Thursday, with the Dow […]
European markets have open in positive territory today, extending previous session gains sparked after the European Central Bank President, Mario Draghi, hinted at additional stimulus measures to boost economic growth and to combat deflationary pressure in the region. Closer home, UK trade balance data due later today will attract market attention. Moreover, US nonfarm payrolls […]
European markets have open in positive territory today, extending previous session gains sparked after the European Central Bank President, Mario Draghi, hinted at additional stimulus measures to boost economic growth and to combat deflationary pressure in the region. Closer home, UK trade balance data due later today will attract market attention. Moreover, US nonfarm payrolls […]
November 6, 2014 – Stock Market News Tesla, an American Motor company, released earnings yesterday. Figures beat expectations and earnings were reported at $0.02/share. Sales climbed to $932 million as the company sold 7,785 Model S Sedans. On the down side, the forecast for production in 2014 was lowered from 35,000 to 32,000 but investors […]
November 6, 2014 – Daily Market News Today’s Hot Assets: EUR, Oil U.S stocks climbed and reached new levels once again. Markets were boosted by data and political events. At session close the S&P 500 was 0.57% higher at 2,023.57. The Dow Jones was 0.58% at 17,484.53. Asian markets turned lower today. The Nikkei first […]
November 6, 2014 – Indices News U.S stocks climbed and reached new levels once again. Markets were boosted by data and political events. The ADP Nonfarm Employment Change which acts as pre NFP data came out at 230,000, higher than the expected 220,000. As a piece of labour data, this led to speculation that the […]
November 6, 2014 – Forex News Hot asset for today: EUR/USD EUR/USD Yesterday, the EUR/USD pair dropped to 1.2460 but following mixed U.S. data the pair then slightly recovered up to 1.2490. During today’s Asian session saw a surprising increase ahead of the European Central Bank interest rate decision and press conference. Most analysts believe […]
Asian shares and commodity currencies stumbled on Thursday as prices for a host of commodities retreated due to lingering concerns over slower global growth, while Tokyo stocks stepped back after posting large gains in a Bank of Japan-inspired rally. Meanwhile, U.S. stocks rose on Wednesday, with both the S&P 500 and Dow advancing to records […]
