Treasuries Show Modest Move To The Upside

After ending last Friday’s trading roughly flat, treasuries moved modestly higher over the course of the trading session on Tuesday.

Bond prices moved to the upside morning trading and remained positive throughout the afternoon. As a result, the yiel…

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Aust shares look set to open unchanged

The Australian share market looks set to open unchanged with many markets around the world closed for the Christmas period and thin trade among the others over the holiday break. At 0700 AEDT on Wednesday, the share price futures index was steady, untraded at 6,026. Europe’s FTSE 100 and …

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Biotech Faron boosts board ahead of key year for drug trials

Biotech start-up Faron preparing itself for a pivotal year in 2018 after poaching an executive from FTSE 100 giant AstraZeneca. Faron, a Finland-based drug maker listed on London’s junior Aim exchange, is expected to produce key clinical trial data for treating acute respiratory distress syndrome …

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Crude Oil Surges To Highest Since 2015

Crude oil futures surged to the highest in 2 years Tuesday, extending recent gains after a Libyan pipeline blast threatened supplies from the region.

Meanhwhile, Saudi Arabia expects oil revenue to jump about 80 percent by 2023 thanks to increased pr…

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Dollar Little Changed In Light Holiday Action

The dollar is turning in a mixed performance Tuesday afternoon, but has barely budged in light trading action. A number of global markets remain closed following yesterday’s Christmas Day holiday. With the impending New Year’s Day holiday approaching,…

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3 Stocks to Play the January Effect

The 2018 January Effect could lift a variety of 2017 underperformers in the energy, REIT and telecommunications sectors.

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3 Stocks to Play the January Effect

The 2018 January Effect could lift a variety of 2017 underperformers in the energy, REIT and telecommunications sectors.

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Gold Hits 4-week Peak

Gold prices continued to rise in thin holiday-season trading Tuesday.

With much of the global market remaining closed for Boxing Day, Feb gold ended $8.70, or 0.7%, higher at $1,287,50/oz., the highest in four weeks.

In economic news, U.S. home pric…

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Two-Year Note Auction Attracts Below Average Demand

Kicking off this week’s series of long-term securities auctions, the Treasury Department sold $26 billion worth of two-year notes on Tuesday, attracting below average demand.

The two-year note auction drew a high yield of 1.922 percent and a bid-to-c…

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Indian American appointed to position at Encyclopedia Britannica Group

Indian American Karthik Krishnan was appointed as the global chief executive officer at Encyclopedia Britannica Group. Krishnan previously served for more than a decade at RELX (Reed Elsevier, FTSE 100) where he served as senior vice president and drov…

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*Report: Weak Demand For IPhone X

Report: Weak Demand For IPhone X

The material has been provided by InstaForex Company – www.instaforex.com

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GVC in £4 B Deal with Ladbrokes Coral, Roche to Acquire Ignyta

4:00 PM Frankfurt – GVC agreed to acquire rival Ladbrokes Coral for £4 billion. Mallinckrodt agreed to buy Sucampo Pharmaceuticals for $1.2 billion. Roche agreed to acquire the U.S.-based cancer drug-maker Ignyta for $1.7 billion. In London trading, FTSE 100 index jumped 60.91 or 0.8% to 7,586 …

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GVC to acquire Ladbrokes Coral

The FTSE 100 index companies have over £394 billion in market cap combined. The agreement marks the third attempt at a takeover and if the FOBT become worthless to the deal, at £2 bets, GVC will still assume the company at £3.2bn, which values the triennial review results at £800m, roughly the …

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Dollar Little Changed After S&P/Case-Shiller Home Price Index

Following the release of U.S. S&P/Case-Shiller home price index for October at 9 am ET Tuesday, the greenback changed little against its major rivals.

The greenback was trading at 113.27 against the yen, 0.9904 against the franc, 1.3351 against t…

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Dollar Mixed Ahead Of S&P/Case-Shiller Home Price Index

The S&P/Case-Shiller home price index for October will be released at 9 am ET Tuesday.

Ahead of the data, the greenback traded mixed against its major rivals. While the greenback rose against the euro and the pound, it held steady against the yen…

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Oil Holds $58 Amid Saudi Optimism

Crude oil futures inched higher Tuesday morning, erasing overnight losses after a report saying Saudi officials are optimistic about the global market.

Saudi Arabia expects oil revenue to jump about 80 percent by 2023 thanks to increased production a…

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Gold Resumes Move Higher Toward $1300

Gold futures continued to rise Tuesday morning as stocks were set to fall in thin trade after the holiday break.

Much of the world remains at home today, but U.S. markets are open.

Gold was up $5 at $1285 an ounce amid speculation the Federal Reserv…

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Where to invest in 2018?

This year has been a positive one for the FTSE 100. It has risen by almost 6%, and when its 3.5% dividend is added to the figure, it has delivered a total return of just below 10%. If it performed this strongly every year, then investors would generall…

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U.S. Dollar Rises After Christmas Break

The U.S. dollar rose against its most major counterparts in the European session on Tuesday in light trading after Christmas break.

There were no big triggers as major European markets remained closed for Christmas holidays.

With today’s economic do…

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Dollar and Bitcoin Weakening During Christmas Holidays

On Monday, the market was very quiet as expected. The currency exchanges were closed amid the celebration of the Catholic Christmas. Traders went for the Christmas holidays after putting the US dollar index to the level of 93.20. The fundamental data lost its influence on the trading sentiment. Demand for a particular currency depends only on technical indicators. If the price of the EUR/USD pair rise above 1.19, then the pair will reach 1.20. There are also traders […]

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Traders Back on Market after Christmas

The market is waking up after the Chistmas lull. Today, market moving events in the Asian trade are a speech by Bank of Japan leader Haruhiko Kuroda and Japan’s inflation data for November. Governor Haruhiko Kuroda confirmed the central bank’s intention to continue the radical easing program for the simple reason that it wants to maintain momentum towards it 2% inflation target. Meanwhile, the fresh report proves that consumer inflation is […]

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Turkey Capacity Utilization Falls; Business Confidence Weakens Further

Turkey’s capacity utilization decreased for the first time in five months in December, while business coincidence weakened for the third straight month, figures from the central bank revealed Tuesday.

The capacity utilization rate dropped to 79.0 per…

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