February 26,2015 – Indices News U.S markets were mixed. Markets showed little reaction to a second testimony from Janet Yellen, the Head of the Federal Reserve. Yellen testified before the House Financial Services Committee and stressed that an interest rate increase will be made when the economy is on track to reach the 2% target […]
February 26, 2015 – Stock Market news Apple has been found guilty of willfully committing acts of patent infringement against a one-man company called Smartflash. A court in Texas ruled Apple responsible for over $500 million in infringement costs for copyrights of tools used in the fullest range of Apple products, including iTunes and iPhones. […]
February 26, 2015 – Forex News Hot asset for today: EUR/USD EUR/USD On Wednesday, the EUR/USD returned above 1.1350 as traders sold their positions on the U.S. dollar following another testimony from Janet Yellen which was less hawkish than expected. Mario Draghi, the President of the European Central Bank, also spoke before the European parliament […]
Asian shares prices edged away from five-month highs on Thursday, while the Dollar steadied after slipping on Federal Reserve Chair Janet Yellen’s indication that the U.S. central bank is in no hurry to hike interest rates. The S&P 500 closed down and the Nasdaq snapped a 10-session winning streak on Wednesday as investors took profits […]
February 25, 2015 – Indices News U.S markets rallied to record levels following a speech from Janet Yellen, the head of the Federal Reserve. Investors were eager to see if Yellen would be hawkish and signal that interest rates could be hiked in June as the previous meeting minutes report had been dovish but a […]
February 25, 2015- Daily Market News During today’s early trading session, the Nikkei retreated from its 15 year high as investors made gains off increased share prices, however, losses were limited as China released positive data showing that the HSBC Manufacturing PMI was better than expected . The Nikkei Index was down by 0.10% and […]
February 25, 2015 – Stock Market News Stockholders of Gazprom have become intimidated by the difficulties facing the oil and natural gas behemoth. The turbulent price of crude oil, for one, has been felt almost as strongly as the situation between Russia and Ukraine. In addition to sanctions placed on Russia by Europe, Ukraine has […]
February 25, 2015 – Forex News Hot asset for today: EUR/USD EUR/USD On Tuesday, the EUR/USD traded with high volatility. The Euro group accepted the draft of reforms from Greece and Mario Draghi took this as a “valid starting point”. U.S. CB Consumer Confidence data was released and declined more than expected, negatively affecting the […]
Asian stocks rose on Wednesday, taking their cue from Wall Street’s gains after Federal Reserve Chair Janet Yellen suggested the Fed would not rush into raising interest rates. U.S. stocks closed higher on Tuesday, with the Dow and S&P 500 hitting new records, as investors attempted to interpret a subtle change in emphasis in testimony […]
European markets have opened mostly lower today. Yesterday, the Eurogroup’s approval to Greece’s reform proposals paved way for a four-month extension to the country’s financial aid, while the US Federal Reserve Chair Janet Yellen’s testimony tempered expectations of an imminent rate hike in the US. Later today, the focus will be on UK BBA mortgage […]
February 24, 2015 – Stock Market News Baidu, a popular search engine, will start being traded on the MSCI index in China. It is believed that the expanded pool of potential investment will give Baidu an edge over competition, including Alibaba. When it opens on the MSCI, Baidu likely will already be starting with a […]
February 24, 2015 – Indices News U.S markets finished mixed but with little change. Sentiment was high by falling oil prices as well as weaker than expected Existing Home Sales data. Home sales were expected to change by 4.97M but instead missed expectations at 4.82M. The S&P 500 closed flat at 2,109.66 and the Dow […]
February 23, 2015- Daily Market News During today’s early trading session, Asian markets traded higher as the Yen weakened against a basket of major currencies. The Nikkei share average reached a new 15 year high and was up by 0.74%, closing at 18,603. Weak data from Japan and a dip in oil prices this morning […]
February 24, 2015 – Forex Hot asset for today: EUR/USD EUR/USD On Monday, the EUR/USD declined and tested its support level at 1.1300. The pair reacted negatively to the German Ifo Business Climate data which came out worse-than-expected despite the fact that the European Central bank introduced additional monetary stimulus to spur the weak economy last […]
U.S. stocks moved higher on Friday, Feb. 20, finishing the week with a gain after Greece came to an agreement with the rest of the eurozone. This accord followed weeks […] The post US Stocks Rise amid Latest Greek Developments appeared first on | HY Markets Official blog. Related Posts:Weekly Forex Outlook: 12/01/2024 – China […]
Asian share markets crept higher on Tuesday as Tokyo scored another 15-year peak, though gains were hostage to what Federal Reserve Chair Janet Yellen might say later in the day about the likely lift-off date for U.S. rate hikes. The Nasdaq ended higher on Monday for a ninth straight day following gains in Apple, while […]
European markets have opened mostly higher today. Meanwhile, traders look forward to the list of Greek economic reforms to be submitted to its creditors to secure a four-month extension to its debt bailout. Closer home, market participants will keep a tab on UK inflation report hearings due later in the day. Moreover, investors will track […]
February 23, 2015 – Indices News U.S markets climbed on Friday, reaching new record levels. Optimism was boosted by news that Eurozone officials agreed to a 4 month extension to Greece’s current bailout plan. Stronger than expected U.S data was also released with Manufacturing PMI coming out at 54.3, above the expected 53.6. The S&P […]
February 23, 2015- Daily Market News During today’s early trading session, Asian markets traded higher after the Bank of Japan’s Monetary policy meeting minutes. Members agreed that the Japanese economy is recovering at a moderate pace and exports are on the rise due to the global economy and the weaker Yen, however, reaching the 2% […]
February 23, 2015 – Weekly News EUR/USD Last week, the EUR/USD traded with huge swings as the pair moved 150 pips in both directions. The movement was caused by negotiations between Greece and the Eurogroup; Greece did not want to extend their bailout under current conditions (which will expire this week). However, on Thursday, the […]
February 23, 2015 – Stock Market News Boeing recently signed a deal with Iran where competitors refused. While the deal extends largely to engine and aircraft maintenance and repair, this deal helped Boeing jump nearly 3% on Friday. Further contributions to this gain came from speculation that India may soon purchase 37 combat helicopters from […]
Asian shares were flat on Monday as many countries in the region returned from Lunar New Year holidays, with sentiment supported by relief that Greece reached a deal to avert an immediate fiscal crisis. The Dow and S&P 500 ended at record highs on Friday while the Nasdaq notched an eighth straight day of gains […]
European markets have opened in positive territory today, as traders cheered a deal to extend Greece’s bailout by four months. However, the country needs to present a list of reform proposals today to secure the financial lifeline. Closer home, market participants will keep a tab on the UK CBI distributive trades survey due later today. […]
February 20, 2015- Daily Market News During today’s early trading session, Asian markets traded higher after the release of Japanese data showing a positive trade balance and increased exports. During the BoJ monthly report, officials indicated mild concerns over the future outlook of the economy and the weakening Yen, and in turn drove investors towards […]
February 20, 2015 – Indices News Following a day of low volatility, U.S markets finished slightly lower. Investors appeared to be waiting on the sidelines to see the result of negotiations between Greece and the Eurogroup. Economic data also came out mixed with Initial Jobless Claims falling to 283,000 but the Philadelphia Fed Manufacturing Index […]
February 20, 2015 – Forex News Hot asset for today: EUR/USD EUR/USD On Thursday, the EUR/USD bounced off its resistance at 1.1445 and declined to 1.3350. The bearish sentiment came after Germany rejected a request from Greece to extend their bailout. However, later in the session, the German chancellor spoke with the Greek Prime Minister […]
Japanese stocks rose to a fresh 15-year high on Friday with the Dollar boosted by upbeat U.S. data, but continuing uncertainty over the Greek debt negotiations weighed on the Euro. The Nasdaq rose for a seventh straight session on Thursday as Priceline shares jumped, while the Dow and S&P 500 eased following declines in energy […]
European markets have opened lower today, as traders look forward to the Eurogroup extraordinary meeting in Brussels to discuss Greece’s request for a six-month extension to its Eurozone loan programme. Meanwhile, Germany rejected Greece’s request for extension of its loan agreement. Closer home, market participants will keep a tab on UK public sector net borrowing […]
February 19, 2015 – Stock Market News Shares of Wal-Mart have taken a dive today after Wal-Mart announced plans to raise base wages for its employees. As the single largest employer in the US, Wal-Mart frequently receives flak for providing as little as legally required to employees for their service. While hoping to garner favor […]
February 19, 2015- Daily Market News During today’s early trading session, Asian markets traded higher following gains in financial stocks, furthermore, Sony profited off the back of a concrete business plan. The Nikkei share average reached its highest level in 15 years and by up by 0.36%, closing at 18,264. Following the FOMC Meeting Minutes […]
