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European markets have opened higher today, as traders cheered the European Central Bank president, Mario Draghi’s comments published in a media report today that the ECB stands ready to introduce additional unconventional stimulus measures, if needed, to spur inflation.” Closer home, traders keenly await a speech by the Bank of England governor, Mark Carney, along […]
European markets have opened higher today, as traders cheered the European Central Bank president, Mario Draghi’s comments published in a media report today that the ECB stands ready to introduce additional unconventional stimulus measures, if needed, to spur inflation.” Closer home, traders keenly await a speech by the Bank of England governor, Mark Carney, along […]
September 24, 2014 Today’s Hot Asset: USD U.S. stocks declined for a third session after as geopolitical tension weighed on markets. Investors are turning away from riskier assets and beginning to invest in safe havens. At session close the S&P 500 had lost 0.58% and the Dow Jones had lost 0.68%. Asian markets were mixed […]
September 24, 2014 – Indices News U.S. stocks declined for a third session after as geopolitical tension weighed on markets. Investors are turning away from riskier assets and beginning to invest in safe havens. At session close the S&P 500 had lost 0.58% and the Dow Jones had lost 0.68%. Asian markets were mixed across […]
September 24, 2014 – Forex News Today’s Hot Asset: USD Hot asset for today: EUR/USD EUR/USD The EUR/USD is trading sideways between 1.2840 and 1.2900. One sharp movement was seen during the day when economic data was released causing the pair to increase and tested resistance. Manufacturing and Service PMI’s were released and despite pointing […]
European markets have opened mostly unchanged today, amid concerns over Eurozone’s economic outlook and tensions over the US-led airstrikes in Syria. Amid a lack of major domestic economic releases today, traders will eye German Ifo sentiment and US new home sales data for further guidance. Related Posts:Weekly Forex Outlook: 12/04/2024 – More inflation data on… […]
European markets have opened mostly unchanged today, amid concerns over Eurozone’s economic outlook and tensions over the US-led airstrikes in Syria. Amid a lack of major domestic economic releases today, traders will eye German Ifo sentiment and US new home sales data for further guidance. Related Posts:Weekly Forex Outlook: 12/04/2024 – More inflation data on… […]
September 23, 2014 – Daily Market News Today’s Hot Asset: Gold U.S. stocks declined following worse than expected data. Existing Home Sales dropped 1.8% to 5.05 million during the past month. At session close, the S&P 500 was 0.8% lower and the Dow Jones was 0.62% lower. Asian markets mostly declined. The Hang Seng lost […]
The S&P500 closed down by 0.8% yesterday after a drop in both existing home sales and key commodity markets weighed on the markets. Brent and WTI Crude futures fell after the Chinese Finance Minister reiterated the government’s determination not to boost economic stimulus in response to gloomy data. However, both Brent and WTI are up […]
European markets have opened in the red today, failing to garner momentum from upbeat Chinese manufacturing Purchasing Managers’ Index (PMI) data released earlier today. Closer home, market participants await data on public sector net borrowing and BBA mortgage approvals. Additionally, Eurozone Markit manufacturing and services PMI data along with US housing prices, Markit manufacturing PMI […]
European markets have opened in the red today, failing to garner momentum from upbeat Chinese manufacturing Purchasing Managers’ Index (PMI) data released earlier today. Closer home, market participants await data on public sector net borrowing and BBA mortgage approvals. Additionally, Eurozone Markit manufacturing and services PMI data along with US housing prices, Markit manufacturing PMI […]
September 22. 2014 – Stock Market News Asian stocks in general have gone down today due to indications from the Chinese government may not boost stimulus measures. However, the biggest movers of the day have been: 1) Softbank Corp, which lost 6.1% after Alibaba’s initial public offering due to a perceived reduction in its allure […]
September 22, 2014 – Daily Market News Today’s Hot Asset: USD Asian markets declined across the region after China’s finance minister, Lou Jiwei, cut expectations that the government could add stimulus to the economy. He stated that the government will not make major policy changes following recent bad data. The Hang Seng dropped 1.44% and […]
September 22, 2014 – Indices News Asian markets have gone down as Chinese finance minister Lou Jinwei made bearish statements suggesting that the Chinese central bank may not seek to expand economic stimulus. As investors have been worrying about a slowdown in China, hearing news that the government may not take as much action as […]
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September 22, 2014 – Forex News Hot asset for today: EUR/USD EUR/USD The EUR/USD reached a new yearly low as the pair reacted to disappointing European inflation expectations. The market is now waiting for Mario Draghi to testify before the European Parliament’s Economic and Monetary Committee at 1PM GMT. The price recently bounced off 1.2825 and […]
September 22, Weekly News WEEKLY REPORT 22/09-26/09 EUR/USD Last week the EUR/USD pair fell again and by the end of the week touched 1.2825 level. The main movement down we saw on Wednesday afternoon, once the Fed released the economic projections. Even though they downgraded the forecast of the GDP for 2015 they upgraded forecast […]
Have you ever seen Donald Duck play pool? Trust us, it isn’t pretty. An expert pool player, on the other hand — well, he can just look at the billiards table and imagine lines drawn out, marking the trajectory the cue ball must take to make the shot. Now, what if you could just look […]
This week has brought a tough start for Tesco, which has issued its third profit warning in weeks and is saying that profits have been overstated by around £250 million. Shares in the UK’s largest supermarket chain are currently down by a staggering 8%. There’s little for the UK’s rival supermarket firms to celebrate, however, […]
European markets have opened in negative territory today, mirroring losses in Asian markets and as finance ministers from the G-20 nations highlighted concerns over the Eurozone economy. Amid a lack of domestic economic releases today, traders will keep a tab on Eurozone consumer confidence and US existing home sales data for further guidance. Additionally, a […]
European markets have opened in negative territory today, mirroring losses in Asian markets and as finance ministers from the G-20 nations highlighted concerns over the Eurozone economy. Amid a lack of domestic economic releases today, traders will keep a tab on Eurozone consumer confidence and US existing home sales data for further guidance. Additionally, a […]
September 19, 2014 – Indices News Asian markets have risen as the yen continues to fall – improving the overseas income of Japanese firms. Furthermore, yesterday’s decline in US jobless claims has given investors faith in the US economy. Considering the importance of America as an export destination for Asian companies, markets in the far […]
