March 25, 2015 – Forex News Hot asset for today: USD EUR/USD On Tuesday, the EUR/USD traded sideways as expected. During the European session the pair traded with positive momentum and tested its resistance at 1.1000. However, once U.S. CPI data was released and showed that inflation has been picking up, the pair dropped to […]
Asian stocks stalled on Wednesday following declines on Wall Street, while the Dollar held on to modest gains after a rise in U.S. inflation. U.S. stocks fell for a second straight session on Tuesday, with equities maintaining a tight range that corresponded with currency fluctuations as traders focused on the Dollar’s strength and its possible […]
March 24, 2015 – Stock Market News After announcing its intention to expand operations back in January, Netflix formally began operations in Australia and New Zealand today. This move marks the first steps in globalization of the on-demand media empire. The next step will be expanding the titles and services offered to Australia and New […]
During today’s early trading session, Asian stocks traded lower following weak data from China, however, losses were limited as Japanese shareholders are expected to receive higher returns. China’s HSBC Manufacturing PMI report indicated that the manufacturing economy is declining with a reading of 49.2, below the expected figure of 50.6. The Nikkei share average was […]
Most Asian share markets were set to end a volatile session with modest gains on Tuesday, after a measure of Chinese factory activity dented sentiment by unexpectedly dropping to an 11-month low. U.S. stocks edged lower on Monday on the heels of strong gains in the prior week, as investors weighed fluctuations in the Dollar […]
March 24, 2015 – Forex News EUR/USD The EUR/USD increased since Friday when FOMC members made relatively dovish remarks, causing investors to speculate that the interest rate hike will be delayed. Yesterday, this sentiment continued and the pair almost reached 1.1000. Some analysts believe that this rally could continue up to 1.1100 before falling back. […]
March 23, 2015 – Daily Market News European markets declined today as Greece came back in the spotlight. Declines came ahead of meeting between Greek Prime Minister Alexis Tsipras and German Chancellor Angela Merkel in Berlin to discuss Greece’s debt problems. In addition, Draghi was also in focus as he spoke in Brussels. Draghi commented […]
March 23, 2015 – Stock Market News Pfizer shares experienced a sudden jump today after the FDA permitted the testing of a previously halted pain reliever. The drug in question, tanezumab, classed as a nerve growth factor inhibitor, is a protein-based drug which works by targeting nerve synapses. Initial concerns for the drug, which led […]
March 23, 2015 – Indices News U.S markets finished Friday with solid gains as the market reacted to dovish comments from FOMC members Lockhart and Evans. Lockhart commented that there is a strong likelihood that the interest rate could be hiked during the Feds meeting in June, July or September. However he also noted that […]
March 23, 2015 – Forex News EUR/USD On Friday, the EUR/USD reacted to another speech from an FOMC member and climbed above 1.0880. Dennis Lockhart said that the interest rate increase should take place by September and although he did not deny that it could happen in June, traders shifted their expectations. Today at 2.00PM […]
March 23, 2015 – Weekly News WEEKLY REPORT 23/3-27/3 EUR/USD The EUR/USD started last week at a 12 year low as the market anticipated the FOMC statement. The statement was released on Wednesday and despite the fact that Janet Yellen commented that a June hike was possible, economic projections were downgraded sparking speculation that […]
U.S. stocks rose on Friday, pushing the Nasdaq to a 15-year high and helping the S&P 500 snap a three-week string of losses, following a pullback in the Dollar, upbeat results from Nike and further biotech gains. Meanwhile, Asian shares started the week on a strong note on Monday after a weaker U.S. dollar helped […]
March 20, 2015 – Indices News U.S markets declined as traders assessed the FOMC statement. Traders initially reacted to the fact that economic projections were downgraded and took the Fed to be more dovish, shifting expectations for the hike to September. However, the Fed dropped the term ‘patient’ from their pledge and discussed that any […]
March 20, 2015 – Daily Market News EUR/USD fell to 1.0655 earlier following the release of the German Producer Price Index (MoM). The index, which measures the change in the price of goods sold by manufacturers, came lower (0.1%) than expectations. Although the index rose from a previous figure of -0.6%, the fact it did […]
March 20, 2015 – Forex News Hot asset for today: USD EUR/USD Yesterday, the EUR/USD corrected from Wednesdays jump when the pair was pulled above 1.1000. Traders assessed the possibility of the interest rate hike occurring in June. The pair dropped to 1.0610 but once weaker than expected U.S Philadelphia Manufacturing Index was released, rose […]
March 20, 2015 – Stock Market news Boeing expects to increase defense equipment contracts in Asia to drastically improve. A number of countries, including Malaysia, are expected to start replacing outdated fighter planes with newer models. With territorial tensions and disputed regions causing insecurities among Asian nations, Boeing expects a steady increase in sales to […]
March 19, 2015 – Indices News U.S markets rallied following the FOMC statement. The committee removed the term ‘patient’ from their pledge and instead noted that any changes is policy would be dependent on data. Markets welcomed news that the Fed would wait for improvement in the labour market. Dan Greenhaus, chief strategist at BTIG […]
March 19, 2015 – Daily Market News During today’s early trading session, The Nikkei share average was down by 0.35%, closing at 19,476, despite positive data released by Tokyo Stock Exchange. Foreign buying of Japanese stocks netted 306.2 Billion Yen during the week of March 9th – 13th, its highest amount in 3 months. The […]
March 19, 2015 – Stock Market News Apple is set to join the Dow Jones Industrial as markets open today, taking the place of AT&T on the exclusive, thirty-member index. Though this move has been long-awaited, it bears with it certain connotations. Namely, new members to the Dow Jones Industrial typically have a short initial […]
March 19, 2015 – Forex News Hot asset for today: USD EUR/USD Yesterday, the EUR/USD jumped over 400 pips within 3 hours and climbed above 1.1000. The pair reacted to the FOMC economic projections, as the economic outlook was downgraded. This move shifted speculation that the interest rate will be hiked in September rather than […]
March 18, 2015 – Daily Market News During today’s early trading session, Asian stocks traded higher as the Bank of Japan maintained its massive stimulus programme, furthermore, positive Japanese data showing that yearly exports increased by 2.4%, significantly higher that the expected 0.3%. The Nikkei share average was up by 0.55%, closing at 19,544, a […]
March 18, 2015 – Indices News U.S markets dropped as investors began to anticipate today’s FOMC statement and press conference. Traders are expecting Janet Yellen to remove the word ‘patient’ from the statement and it is believed that this is the next step towards hiking interest rates. The market began to speculate that this step […]
March 18, 2015 – Stock Market News Sony released its third-quarter earnings yesterday. The delay in this release, which was due roughly one month ago, was delayed as the hack Sony suffered towards the end of the quarter delayed calculations of final results. While the hack’s damages have been increased to an estimated $15 million, […]
March 18, 2015 – Forex News Hot asset for today: USD EUR/USD On Tuesday, the EUR/USD traded with low volatility and slightly increased to 1.0650. However, during the American session, the pair erased 50 pips and returned below 1.0600. We should expect bearish sentiment to continue today before the FOMC Monetary Meeting report is published […]
Asian stocks shook off a slow start and rose on Wednesday, led by China shares, while the Dollar marked time as markets waited for the Federal Reserve’s policy statement for clues to when U.S. interest rates will rise. The Dow and the S&P 500 fell on Tuesday as materials shares declined and nervousness increased ahead […]
U.s. Indexes opened lower as traders await Wednesdays Fed meeting, if Policy makers hint that they will raise interest rates sooner, this could push investors towards the Dollar and in turn lower average share prices in the stock market. Nasdaq Composite is down 0.18%, S&P 500 dropped 0.43% and Dow Jones is currently trading 0.73% […]
March 17, 2015 – Daily Market News During today’s Asian session, the Asian stock increased as the Bank of Japan released its monetary meeting minutes report where ensured that the BoJ will continue the monetary stimulus unchanged. With positive mood on the stock market, the Japanese stock index Nikkei gain 1% reaching the highest value […]
March 17, 2015 – Indices News Yesterday, during the American session the U.S. stock mainly increased despite the upcoming FOMC monetary meeting minutes report which is coming out tomorrow. The report should have more negative affect on stocks as we expect that the Fed will drop the word “patience” and signalized readiness for the interest […]
March 17, 2015 – Forex News Hot asset for today: EUR/USD On Monday, the EUR/USD pair slightly rebounded from the fresh 12-year lows and increased to current 1.0580 area. That price correction can be simply explained by profit-taking traders closing their previous positions. In addition, traders were also disappointed by U.S. Industrial Production release which […]
Asian shares rose on Tuesday following Wall Street’s lead and U.S. stocks rallied on Monday as the U.S. Dollar eased back from its recent peak as investors speculated that weaker-than-expected U.S. data could prompt the Federal Reserve to express caution this week on the timing of a future rate hike. The Dow closed 228 points […]
