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 […]
April 2, 2015 – Forex News Today’s Hot Asser: EUR/USD EUR/USD Yesterday, the EUR/USD traded sideways despite the release of data from both sides. Strong data was released from Europe whilst weaker than expected data was released from the U.S. Traders began to anticipate tomorrow’s NFP report and did not rush into positions. Today, the […]
Yesterday McDonald’s shares slumped nearly $2 following news that the fast food chain is to raise wages by 10%. This wage hike will be put into action from July the 1st and will also include paid vacation benefits that will apply to about 90,000 workers, however, the move only applies to company owned branches which […]
During today’s early trading session, Asian stocks continued to trade lower as Japanese shareholders took profits towards the end of the first quarter. The Nikkei share average fell 0.90%, closing at 19,034, it lowest level in nearly 3 weeks. Following the release of mixed Japanese data the Dollar dropped against the Yen and bounced off […]
April 1, 2015 – Stock Market News As the leading insurer in the Germanwings crash, Allianz is going to be responsible for the majority of what is currently estimated as roughly $300 million dollars in damages, including reparations to the families of passengers as well as a $6.5 million price tag on the airplane itself. […]
April 1, 2015 – Forex News Hot asset for today: USD EUR/USD On Tuesday, the EUR/USD dropped to a 10 day low of 1.0710. Reaction to fundamental data was muted; positive German Retail Sales and Unemployment Change data came out during the European session but the pair continued down. During the American session CB Consumer […]
Asian stocks were mostly lower on Wednesday, taking their lead from weaker U.S. shares, while the Dollar slid against the Yen as Tokyo’s Nikkei recoiled in volatile trade. U.S. stocks fell on Tuesday as energy and healthcare shares retreated, but the S&P 500 and Nasdaq registered their ninth straight quarterly advance. The Dow fell 200 […]
During today’s early trading session, Asian stocks traded lower as Japanese shareholders took profits on the last day of the first quarter. The Nikkei share average was down 1.05%, closing at 19,206 points. Following the release of negative data out of New Zealand, the NZD/USD dropped early this morning to its lowest level since March […]
March 31, 2015 – Stock Market News Suffering from long term declines in stock values, McDonald’s new leadership has taken whatever steps it can to halt and reverse the extended years of slowly sinking projections and depreciating stock values. After limited success in recovering stocks by revisiting the menus, McDonald’s has announced that it will […]
March 31, 2015 – Forex News EUR/USD On Monday, the EUR/USD dropped slightly but traded with low volatility in a 60 pip range. The market was quiet due to a lack of news but we expect this to change today. During the Asian session, the pair broke through its support level at 1.0800 and is […]
Asian stocks rose across the board on Tuesday after a rally on Wall Street and steps by China to shore up its economy boosted risk appetite, while Greek debt worries again haunted the sagging Euro. U.S. stocks climbed more than 1% on Monday, rebounding from a sharp decline last week, helped by deal activity in […]
March 30, 2015 – Indices News U.S markets climbed on Friday but still posted their biggest weekly loss in 2 months. Indices first declined as traders reacted to weaker than expected GDP figures; the quarterly GDP increased by just 2.2% when analysts had predicted a 2.4% increase. Later in the session losses were erased as […]
March 30, 2015 – Stock Market news On Friday, it was revealed that Intel may be set to acquire Altera. Beyond the $13.36 billion that Altera is reportedly worth, it would advance Intel’s already 98% market share in server production. Altera also represents some of the largest potential competition to Intel’s x86 chip, which is […]
During today’s early trading session, Asian stocks traded higher as negative data out of Japan pushed investors towards the stock market and in turn weakened the Yen against the Dollar. The Industrial Production for the month of February showed a decline of 3.4%, analysts predicted a decrease of just 1.8%. The Nikkei share average was […]
March 30, 2015 – Forex News Hot asset for today: USD EUR/USD On Friday, the EUR/USD broke through its support level at 1.0850 and then tested a second support level at 1.0800. The pair declined due to strong expectation ahead of the U.S. GDP release which came out on Friday. As predicted, the actual reading […]
March 30, 2015 – Weekly News EUR/USD Last week the EUR/USD climbed to a 3 week high and touched 1.0500. The pair gained on the back of dovish sentiment on the U.S. market and as U.S. Core Durable Goods Orders showed an unexpected drop. However, the sentiment changed as U.S. Jobless Claims data pointed to […]
Asian stock markets rose on Monday, with China stocks nearing a seven-year peak on hopes for more infrastructure spending and policy stimulus, while oil prices suffered further from excess supply. U.S. stocks rose modestly on Friday after late news of merger talks in the semiconductor space boosted the technology sector and helped major indexes snap […]
During today’s early trading session, Asian stocks traded lower as investors took profits before the first quarter ends, Japan’s Nikkei share average was down 0.95%, closing at 19,285 points. Following the release of mixed Japanese data the Yen strengthened against a basket of major currencies. The yearly and monthly Household spending showed better than expected […]
March 27, 2015 – Indices News U.S markets ended lower marking the longest losing streak in 2 months. Investors remained nervous due to poor earnings prospects and speculation that the Federal Reserve is moving closer to a rate hike. Mixed data was released from the U.S but traders paid the most attention to Initial Jobless […]
March 27, 2015 – Forex News Hot asset for today: USD EUR/USD On Thursday, the EUR/USD erased the week’s gains and dropped below 1.0900. The pair declined as U.S. Jobless Claims came out above expectations. There were also two speeches from FOMC members. Dennis Lockhart stated that he expects an interest rate increase after mid-year […]
March 27, 2015 – Stock Market news Investors will be closely eyeing Blackberry today, as the smartphone developer is due to release its third quarter earnings later today. While CEO John Chen has been confident that Blackberry will be starting to turn a long period of losses around, other sources seem confident that Blackberry shares […]
Asian stocks were mixed on Friday and the Dollar rebounded as rising tensions in the Middle East clouded the investment outlook. U.S. stocks fell for a fourth straight session on Thursday but indices ended well off session lows with support from economic data and earnings, including Accenture’s. The Dow closed 40 points lower at 17,678, […]
March 26, 2015 – Indices News U.S markets dropped sharply as a big merger was announced between Kraft Foods Group and H.J Heinz in the morning. Analysts also attributed the sell off to jitters before season earnings and as investors cashed out profits. In addition U.S data also came out surprisingly low; Core durable Goods […]
During today’s early trading session, Asian stocks traded lower after Saudi Arabia and its allies launched airstrikes in Yemen creating cautiousness amongst market spectators. The Nikkei share average dropped 1.39%, closing at 19,471 points, the indexes largest decline in ten weeks. Furthermore, following the news of air strikes in Yemen, the price of oil rallied […]
March 26, 2015 – Stock Market News Despite falling 2.26% as US stocks experienced a session wrought with concerns of economic potential and sell-offs, Boeing could soon receive a $7.7 billion order to turn yesterday’s losses around. Hainan Airlines has decided to expand its offered routs, as well as to expand service offered within China. […]
March 26, 2015 – Forex News Hot asset for today: USD EUR/USD On Wednesday, the EUR/USD edged closer to 1.1000. The pair slightly increased after German IFO Business Climate data showed a better than expected figure and supported the European single currency. On the other side, the dollar weakened as U.S. Core Durable Goods Orders […]
Asian shares slipped on Thursday as tensions in the Middle East and losses on Wall Street soured sentiment, while the Dollar’s bull run looked to have stalled for the time being. U.S. stocks dropped on Wednesday as a fall in technology and biotechs sent the Nasdaq to its biggest decline in nearly a year while […]
March 25, 2015 – Indices News U.S stocks declined as stronger than expected U.S data was released, re-sparking speculation that the rate hike could be made in June. Traders are digesting each piece of data as Yellen stated the Fed will consider data at each meeting and use the results to determine policy. The yearly […]
During today’s early trading session, Asian stocks traded slightly up as Japanese shareholders are expected to receive higher returns on dividends later this week, however, gains were limited as Indices traded close to 15 year highs. The Nikkei share average was up by 0.17%, closing at 19,746 points. Following the release of negative data from […]
March 25, 2015 – Stock Market News Reports have been released surrounding General Motors’ construction demands. Despite a high demand of certain lines of production, GM has been unable to meet orders, resulting in a failure to meet sales goals. This failure is a recurring one, and could result in a downwards spiral of lower […]
