It’s proving to be another tough week for some of the UK’s biggest supermarket chains; Tesco - The Financial Conduct Authority has initiated a full investigation of Tesco after last week’s revelation that the company overstated profits to the tune of £250 million. Tesco has promised to co-operate fully with the FCA, but that didn’t […]
Tyvärr är denna artikel enbart tillgänglig på English.
Global stocks moved lower on Monday, Sept. 29, as markets responded to protests in Hong Kong. Hong Kong protests and investor sentiment Some experts asserted that these protests, spurred by the Asian nation’s plan to limit the number of candidates Hong Kong voters can choose from, hampered investor risk tolerance, USA Today reported. Rod Smyth, […]
European markets have opened mostly in the red today, tracking overnight losses on Wall Street and amid concerns over pro-democracy protests in Hong Kong. Closer home, UK Markit manufacturing PMI data will attract market attention. Moreover, traders closely track Markit manufacturing PMI data across Europe along with US ISM manufacturing PMI and ADP employment change […]
European markets have opened mostly in the red today, tracking overnight losses on Wall Street and amid concerns over pro-democracy protests in Hong Kong. Closer home, UK Markit manufacturing PMI data will attract market attention. Moreover, traders closely track Markit manufacturing PMI data across Europe along with US ISM manufacturing PMI and ADP employment change […]
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September 30, 2014 – Stock Market News Asian stocks fell as protests in the main-land continued and China’s CPI came out below expectations showing lower expansion this month. The Hang-Seng finished 1.28% lower at a 3 month low. Axis Bank is down 1.09% as the reserve bank of India (RBI) decided to leave interest-rates unchanged. […]
September 30, 2014 – Daily Market News Today’s Hot Asset: EUR U.S. stocks declined as investors flocked to safe haven assets amid protests in Hong Kong and tension in Syria. U.S. data was mixed; Personal Spending increased 0.5% during the past month, however, Pending Home Sales declined 1% in the past month. During the session […]
Hong Kong Protests Continue; Hang Seng Falls Further Tens of thousands of protestors have continued to gather in the centre of Hong Kong, calling for fully Democratic elections in response to the announcement by Beijing that only approved candidates will be allowed to stand for the area’s Chief Executive election in 2017. Leaders of the […]
European markets have opened higher today, supported by encouraging German retail sales data released earlier today. However, ongoing pro-democracy protests in Hong Kong and dismal Chinese manufacturing data are likely to keep a tight lid on gains. Closer home, Nationwide reported that house prices in the UK dropped unexpectedly on a monthly basis in September. […]
European markets have opened higher today, supported by encouraging German retail sales data released earlier today. However, ongoing pro-democracy protests in Hong Kong and dismal Chinese manufacturing data are likely to keep a tight lid on gains. Closer home, Nationwide reported that house prices in the UK dropped unexpectedly on a monthly basis in September. […]
September 29, 2014 – Stock Market News Japanese stocks rose with the Nikkei index gaining 0.50%. Stocks advanced as the USD/JPY pair climbed above the 109.75, a six year high for the pair. Sony Corp. added 3.16% and Toyota Motor Corp added 0.5%. Stocks dropped in Hong-Kong as protests continued; the Hang Seng lost 1.9%. […]
September 29, 2014 – Daily Market News Today’s Hot Asset: USD U.S. stocks closed rallied on Friday but finished lower for the week. Gains were seen after U.S. GDP came out on target increasing by 4.6% during the last quarter, this is the second strongest pace seen since the recession. At session close the S&P […]
September 29, 2014 – Indices News U.S. stocks closed rallied on Friday but finished lower for the week. Gains were seen after U.S. GDP came out on target increasing by 4.6% during the last quarter, this is the second strongest pace seen since the recession. Nike, a component of the Dow Jones, added 12 % after […]
September 29, 2014 – Commodities News Gold On Friday, Gold continued to trade sideways and bounced of its resistance at $1,231/ounce. The price slightly increased during Monday’s Asian session as the market is watching the protest in Hong Kong as it is getting violent and pushing Asian stocks down. Investors will most likely remain cautions […]
September 29, 2014 – Forex News Hot asset for today: EUR/USD EUR/USD The EUR/USD tested its support and dropped to 1.2660, its lowest price since November 2012. If the price breaks through this support level, it will trade at a yearly low and may support another fall towards the 1.2500 level. The very disappointing European […]
Weekly Outlook: September 29 – October 3, 2014 EUR/USD Last week the EUR/USD to move down with bearish sentiment and at the end of the week the price fell below 1.2680. On Thursday, the pair reacted to Mario Draghi’s speech as he signaled that the European Central Bank’s balance sheet could possibly grow by 1 […]
Mass protests in Hong Kong are continuing, with pro-Democracy groups having successfully blocked off a significant portion of the city centre over the weekend as well as picketing government buildings. The protests are the largest against Chinese government control since Tiananmen Square 25 years ago; though riot police have now reportedly been withdrawn from the […]
European markets have opened mostly higher today, as traders cheered a rebound in the US equity market on Friday. Closer home, market participants await the GfK consumer confidence, mortgage approvals, consumer credit and M4 money supply data. Additionally, a batch of Eurozone sentiment indicators and a report on German consumer prices will be tracked for […]
European markets have opened mostly higher today, as traders cheered a rebound in the US equity market on Friday. Closer home, market participants await the GfK consumer confidence, mortgage approvals, consumer credit and M4 money supply data. Additionally, a batch of Eurozone sentiment indicators and a report on German consumer prices will be tracked for […]
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Editor’s note: The following article was republished here with permission from the co-editors of the September issue of The Elliott Wave Financial Forecast, a publication of Robert Prechter’s Elliott Wave International, the world’s largest financial forecasting firm. From Sept. 25 to Oct. 1, EWI is throwing open the doors to all of its investor services […]
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