Chinese indices hit a six-week high and the Euro stayed under pressure on Wednesday as investors counted on the European Central Bank to unveil a stimulus drive. Japan’s Nikkei bucked the trend by slipping 0.5% and the Yen gained 0.9% to 117.76 to the Dollar after the BoJ kept its current economic stimulus level unchanged. […]
European markets have opened in positive territory today, extending previous sessions gains, amid growing speculation that the European Central Bank might unveil a full-scale bond-buying programme to boost the region’s economy at its monetary policy meeting tomorrow. Later today, investors will keep a tab UK employment data along with the minutes of the Bank of […]
January 20, 2015 – Indies News With the long weekend about to close behind them, US markets look geared to increase as positive earnings data have been released. On Friday, Goldman Sachs released earnings of $4.38 per share; 30 cents higher than expected. Investors had yesterday to prepare to react to positive European data, and […]
January 20, 2015 – Stock Market News IBM is due to release its fourth quarter earnings later today. Recent data have left a lot to be desired, and so far IBM stocks are down for the fiscal year after third quarter disappointments. To its credit, IBM took heart from last quarter’s disastrous drop in profits […]
January 20, 2015 – Forex News During the Monday’s trading hours, the GBP/USD pair declined towards its support line and during today’s Asian session broke through. The British pound weakened against the U.S. Dollar to one week low before tomorrow’s U.K. labour data. Due to the fact that there are no important economic releases today, […]
January 20, 2015 – Daily Market News On Monday, the EUR/USD pair slightly recovered from the 11-years low and on the thin trading day increased towards the 1.1640. However, during the Asian session the pair started to decrease and currently is moving around 1.1570. The price did not react much on the news from International […]
Japan’s Nikkei stock average climbed 2.07% on Tuesday, posting its biggest one-day gain in a month, as markets took comfort from China data and on expectations that the European Central Bank will unveil stimulus measures. The benchmark Nikkei rose to 17,366.30. The Euro was trading at $1.1582 ahead of Thursday’s ECB meeting, down 0.2% on […]
European markets have opened firmer today, tracking gains in Asian markets, after data indicated that China’s GDP grew more than expected in the fourth quarter of 2014. Meanwhile, the IMF, in its World Economic Outlook Update, lowered its global growth forecasts for 2015 and 2016. Later today, investors will keep a tab on speeches from […]
January 19, 2015 – Indices News US stocks improved on Friday as consumer confidence was reportedly high. The Home Depot Inc went up 3.08%, United Technologies Corp increased 2.3%. Small stocks paired off on the Nasdaq, which improved by 1.39% overall to 4,634.38. The Dow Jones Industrial improved 1.10% to 17,511.57. The S&P 500 increased […]
January 19, 2015 – Stocks Market News Friday saw a 4.2% jump in Netflix stocks as quarterly reports are soon to be reached. While certain networks are pulling out of Netflix, including Discovery, they maintain a strong working relationship with BBC and other choice networks. However, Netflix is broadening the titles offered to Canada, in […]
January 19, 2015 – Daily Market News On Friday, the EUR/USD pair dropped again almost 200 pips and touched the new lowest price in 11-years. The price went as low as 1.1460 as the Euro was further pushed down on the back of the Swiss National Bank surprising announcement. We can also see the ongoing […]
January 19, 2015 – Weekly News WEEKLY REPORT 19/1-23/1 EUR/USD Last week the EUR/USD pair started in a sideways movement and it seemed that the pair would struggle to break the support at 1.17. However, quite surprisingly the negative stimulus came not from Euro-zone but from Switzerland when the national bank decided to cancel the […]
Chinese shares recoiled on Monday after regulators took steps to rein in speculative lending there, while investors everywhere were wary of being disappointed by the latest efforts at policy stimulus in the Euro zone. U.S. stocks rallied on Friday after five sessions of losses, helped by a sharp rebound in energy shares and data that […]
European markets have opened in the green today, as traders look forward to the ECB monetary policy meeting later this week wherein the ECB is likely to announce further stimulus measures to boost the region’s economy. Closer home, data from Rightmove indicated that house prices in the UK rose in January. Later today, traders will […]
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January 16, 2015 – Daily Market News On Thursday, the GBP/USD pair stopped the slight bullish movement and started to move sideways. The pair moved between 1.5145 and 1.5270 which was quite narrow channel considering the surprising act of Swiss bank. Today, we should expect lower volatility which may picked up around 1.30PM (GMT) when […]
January 16, 2015 – Stock Market News Despite initial bounds made by Alibaba, the Amazon rival has been gradually easing back down since it reached its all-time high of around $120 per share in the middle of November. While not yet setting new lows, Alibaba is back down to just above $96; the lowest it […]
January 16, 2015 – Indices News The Philadelphia Federal Reserve Manufacturing Index results were published yesterday, showing results significantly less positive than expected. The failed expectations led investors to sell off stocks, leading stocks downward. The Dow Jones Industrial slid 0.61%, the S&P 500 went down 0.92%, and the Nasdaq fell 1.48% Yesterday, the Swiss […]
ETX Capital is pleased to confirm that its financial position is unaffected following the extreme movement in the price of the Swiss Franc yesterday. The company is experiencing a profitable January following a very solid 2014 and is confident that its systems, controls and policies properly manage the firm’s position and credit risk. Related Posts:Could […]
European markets have opened in the red today, a day after the Swiss National Bank (SNB) decided to abandon its minimum ceiling rate against the Euro and lowered its key interest rate further into negative territory. In the absence of domestic economic releases today, traders will closely eye consumer price inflation reports in the Eurozone […]
January 15, 2015 – Daily Market News MARKET REVIEW 15/01/15 Hot asset for today: EUR/USD EUR/USD Yesterday, the EUR/USD dropped to a new 9-year low and reached 1.1725. The pair reacted to news that the European Court of Justice stated that the European Central Banks’ Open Market Operations “may be legal” but must meet conditions. […]
January 15, 2015 – Indices News Despite increasingly low prices of oil worldwide, production has been increased further in the US. The overwhelming glut of oil weighed markets down and made bulls sluggish. Losses continued yesterday for the fourth day in a row, as the Dow Jones Industrial slid 1% to 17,427.1, the Nasdaq lost […]
January 15, 2015 – Indices News Despite increasingly low prices of oil worldwide, production has been increased further in the US. The overwhelming glut of oil weighed markets down and made bulls sluggish. Losses continued yesterday for the fourth day in a row, as the Dow Jones Industrial slid 1% to 17,427.1, the Nasdaq lost […]
January 15, 2015 – Stock Market News BP has been struggling to avoid paying $18 billion dollars in fines dictated by the Clean Water act. It has been continuously entrenched in lawsuits and appeals to try to avoid the bill. It has even tried citing drops in the current price of oil as reasons why […]
January 15, 2015 – Forex News Hot asset for today: EUR/USD EUR/USD Yesterday, the EUR/USD dropped to a new 9-year low and reached 1.1725. The pair reacted to news that the European Court of Justice stated that the European Central Banks’ Open Market Operations “may be legal” but must meet conditions. Last year, the German […]
Asian stocks mostly edged up on Thursday after a significant rebound in oil and copper prices brought a semblance of calm, while the Dollar regained ground lost on disappointing U.S. retail sales. U.S. stocks fell for a fourth day on Wednesday as a World Bank forecast fuelled concerns about global economic weakness and Copper prices […]
European markets have opened firmer today, reversing some of previous session losses and mirroring gains in Asian equity markets, after a sharp rebound in oil prices late yesterday. Closer home, data from the RICS indicated that UK house prices rose at their slowest annual pace since May 2013 in December. Later today, traders will eye […]
January 14, 2015 – Stock Market News Samsung has presented the newest member of the Galaxy family; the Galaxy A7. Perhaps the most notable detail about this phone is the width of it. At 6.9 mm from front to back, the A7 will be one of the thinnest smartphones available, and perhaps the one with […]
January 14, 2015 – Daily Market News Today’s Hot Asset: Yen, Gold U.S markets dropped after a volatile session. Falling oil prices continued to hit sentiment. Losses were seen despite the release of positive labour data. JOLTS Job Opening showed that 4.972 million jobs were available at the end of November. At session close the […]
January 14, 2015 – Indices News U.S markets dropped after a volatile session. Falling oil prices continued to hit sentiment. Losses were seen despite the release of positive labour data. JOLTS Job Opening showed that 4.972 million jobs were available at the end of November. At session close the S&P 500 was 0.26% lower at […]
