April 13, 2015 – Indices News U.S markets rallied on Friday and ended the week with strong gains. Sentiment was boosted by Jobless Claims data released on Thursday which showed that Initial Jobless Claims came out at 281K when predicted to be 285K and Continuing Jobless Claims came out at 2,304K when expected to be […]
April 13, 2014 – Daily Market News The recent lower-than-expected release of Chinese import and export data had a negative impact on the country’s economy, as both results dwindled, raising concerns about the Chinese economy. The Asian session was not fruitful for the Japanese stocks as well, starting with stocks such as Panasonic Corp., which […]
April 13, 2015 – Forex News Hot asset for today: USD EUR/USD On Friday, the EUR/USD dropped and broke through its support level at 1.0600. The pair has since been ranging at a low level and is moving towards its new support level of 1.0550. The sharp fall was caused by new expectations. Despite the […]
April 13, 2015 – Weekly News EUR/USD Last week the EUR/USD opened very high as the U.S. Non-farm payrolls disappointed the market and pulled the exchange rate to 1.1035. However, the bullish sentiment did not last long and as the U.S. market reopened from a 3 day weekend, the pair started to fall. Hawkish statements […]
U.S. stocks ended a strong week with a broad rally on Friday as investors lauded GE’s decision to divest most of its high-risk GE Capital business and repurchase up to $50 billion-worth of its shares. A rally in China’s stock markets to seven-year highs on Monday kept an index of Asian shares near its highest […]
Forex News April 9th 2015 GBP/USD The Bank of England maintained the current interest rate of 0.50%, as expected. However, the GBP/USD dropped to its lowest level since April 1st following negative data from the UK. The yearly Halifax House Price Index, monthly Trade Balance EU and Non EU all showed lower than expected figure. […]
April 9, 2015 – Forex News Hot asset for today: USD EUR/USD On Wednesday, the EUR/USD dropped. The pair first decreased as FOMC member, William Dudley, made a surprisingly hawkish speech and mentioned that a June rate hike is still possible. The pair broke through its support level at 1.0800 but then moved slightly higher […]
April 9, 2015 – Indices News U.S markets climbed following the FOMC Meeting Minutes. Earlier in the session, FOMC Member Dudley spoke in New York and was more hawkish than usual. However, he maintained that the Fed would not rush into the decision. He stated that “It’d be reasonable to think that the timing of […]
Stock News April 9th 2015 Netflix Inc shares surged 4.22% on the Nasdaq Index following news that the company is to begin the “Netflix Recommended TV” to service Smart TV buyers. The streaming video program will start the range with LG, Sony Corp, Hisense and more in order to develop more easy to use devices. […]
Daily Market News April 9th 2015 During the early trading session, Asian stocks traded higher as sentiment is boosted over the outlook of the Japanese economy. The Bank of Japan’s monthly report provided an analysis of the country’s economic conditions. Bank officials acknowledged industrial production and exports are picking up and that the economy is […]
April 8, 2015 – Indices News U.S markets declined and according to MarketWatch, losses were seen as steam ran out. Jolts Job openings data was released and beat expectations at 5.133 million when originally predicted to be 5.010 million. FOMC Member, Kocherlakota, also spoke and made dovish comments that rates should be maintained at their […]
Stock news April 8th 2015 The Royal Dutch Shell Company has agreed to buy BG Group PLC in the biggest energy deal in 10 years. The merge is worth $70 million in cash and shares. The deal will give the company a market value twice the size of Surpass Chevron Corp and BP Plc. This […]
April 8, 2015 – Forex News Today’s Hot Asset: EUR/USD EUR/USD Yesterday the EUR/USD dropped sharply as the Dollar corrected from previous losses. Better than expected U.S JOLTS Job Openings data was also released and showed that 5.133 million jobs became available in the month of February. The pair has since traded sideways between 1.0880 […]
Daily Market News April 8th 2015 During the early trading session the Yen rose against the Dollar following the Bank of Japan press conference. BoJ officials kept its stimulus program unchanged as board members stated that “Japan’s economy is expected to continue its moderate recovery trend”. Furthermore, the Nikkei share average rose to its highest […]
April 7, 2015 – Stock Market News During early U.S. trade, Boeing shares were up 1.03% and trading above $152. According to figures released on Tuesday, the U.S. plane manufacturer beat the European Airbus company in new orders and deliveries for the first quarter. The net of 110 is a record for the Boeing company, above the net […]
April 7, 2015 – Indices News U.S Markets climbed as they reopened from a 3 day weekend. Sentiment appeared to be boosted by expectations that the interest rate hike would be delayed due to recent weak U.S data. Friday’s Nonfarm Payrolls report, in particular, showed a much lower than expected figure; analysts had expected 245K […]
Daily Market news April 7th 2015 During today’s early trading session, Asian stocks traded higher over concerns that the Fed may wait longer before increasing the interest rate. Investors looked to the stock markets after weak Nonfarm Payrolls backed earlier comments made by Chair Janet Yellin that a future rate hike will be based on […]
April 7, 2015 – Forex News Today’s Hot Asset: EUR/USD EUR/USD After reaching a high of 1.1030, the EUR/USD began to decline. The Dollar started to regain its losses based on speculation that recent weak U.S data is temporary and a result of bad seasonal weather. Better than expected U.S Services PM data was also […]
Asian stocks rose on Tuesday, following a positive lead from Wall Street, while the Dollar held onto its gains after rebounding against the Euro and Yen on higher U.S. Treasury yields. U.S. stocks rose on Monday as expectations the Federal Reserve could hold off longer on raising U.S. interest rates offset concerns over Friday’s surprisingly […]
Stock News April 7th 2015 Pfizer Inc shares rose today following yesterday’s announcement that BIND Therapeutics is to extend its global Collaboration with the pharmaceuticals company. This joint move will entail the development and commercialisation for multiple Accurins. The Partnership was originally formed in April 2013, and the first program was due to end in […]
April 6, 2015 – Indices News U.S markets remained closed on Friday due to Good Friday Celebrations. Regardless of market closures, the NFP report was still released and widely disappointed investors. Payrolls rose by 126,000 in March, marking its slowest gain since December 2013. Economists had predicted to see 245,000 new jobs and added to […]
During today’s early trading session, Asian stocks traded slightly lower but with little volatility as markets in China, Australia, New Zealand, Europe and the UK closed for the Easter holiday. Market spectators also remain cautious over the indefinite deal on Irans nuclear program. The Nikkei share average was down 0.19%, closing at 19,397 points. On […]
April 6, 2015 – Forex News Hot asset for today: USD EUR/USD On Friday, the EUR/USD traded with thin liquidity as most global markets were closed for Good Friday. However, the U.S. non-farm payrolls data was still released and the reading caused significant movement. Within a few minutes, the pair added 100 pips and settled […]
April 6, 2015 – Weekly News WEEKLY REPORT 6/4-10/4 EUR/USD Last week the EUR/USD erased almost 200 pips and dropped towards 1.0700. Losses were seen as speculation began ahead of Friday’s U.S. labor data. The first piece of pre-data came out last Wednesday and pulled the pair higher as the figure was lower-than expected. […]
Stock News April 3rd 2015 Yesterday, Starbucks shares rose nearly $2 after analysts at Citibank released a study comparing the major coffee shop to Dunkin Donuts following the drop in coffee prices. The firm took into account that Starbucks have around 48% more stores than Dunkin Donuts and that the coffee shop has more of […]
April 3, 2015 – Indices News Yesterday’s session was positive for the U.S. stocks as the recent jobless claims, which was better than expected, supported the upwards movement. The Nasdaq, S&P 500, and the Dow Jones were up by the end of the session, with the three of them at their highest levels in years. […]
Daily News April 3rd 2015 During today’s early trading session, Asian stocks traded slightly higher but with little movement as market spectators focused on the deal with Iran. the outline of the deal will limit the nation to nuclear power, thus a nuclear weapon. The Nikkei share average was up 0.63%, closing at 19,435 points. […]
April 3, 2015 – Forex News EUR/USD On Thursday, the EUR/USD broke through its resistance level at 1.0800. The pair then climbed to its second resistance level at 1.0900 and bounced off it twice. As we know, on Wednesday the U.S. ADP Non-farm employment change was released and showed a disappointing figure. Even though yesterday’s […]
April 2, 2015 – Indices News U.S stocks ended lower following weak economic reports. The U.S ADP Nonfarm Employment change showed that just 189K payrolls were added when predicted to be 225K. The ISM manufacturing PMI also missed expectations at 51.5. Jeffrey Saut, chief investment strategist at Raymond James, noted that “At the moments there […]
During today’s early trading session, Asian stocks traded traded higher following data from Japan’s Central Bank showing that it bought 35.2 billion Yen in exchange traded funds. This report boosted hopes for future bonds and stocks buying, pushing investors towards the stock market. The Nikkei share average was up by 1.46%, closing at 19,312 points, […]
