Sainsbury’s Christmas Numbers Bring Mixed Market Response Despite a Christmas advert campaign that had everyone talking, Sainsbury’s saw its first drop in Christmas sales for over 10 years, although the results were still better than expected. The mixed news has made for a mixed reaction in the markets this morning; up by more than 3.5% […]
January 6, 2015 – Stock Market News Advanced as the Google smart car is, it is not the only self-driving car in the works. Mercedes has come a long way as well. Unlike Google’s prototypes, Mercedes has worked on not just cars that can navigate on their own but be comfortable doing so. With no […]
January 6, 2015 – Daily Market News Today’s Hot Assets: Yen, Gold, Oil U.S markets dropped, suffering their largest losses seen in 3 months. The selloff was triggered by crude oil prices as they fell through $50/barrel. Concerns also mounted as the Euro declined on political developments in Greece and monetary stimulus expectations. The S&P […]
January 6, 2015 – Forex News Hot asset for today: EUR/USD EUR/USD Following weaker than expected German Inflation data, the EUR/USD dropped to 1.1885. The CPI index showed 0.0% instead of the expected increase of 0.1%. It is speculated that this will place additional pressure on the European Central Bank to change its monetary policy […]
European markets have open mostly in the green today, rebounding from previous session sharp losses which were triggered by a slump in oil prices and political crisis in Greece. Later today, traders will track UK service sector activity, official reserves and BoE credit conditions survey data for further direction. Additionally, services PMI data across the […]
January 5, 2015 – Daily Market News Today’s Hot Assets : Gold, JPY U.S markets finished mixed on Friday following weaker than expected data. Volatility remained low as many traders took a long weekend after the New Year’s celebrations. The S&P 500 lost 0.03% and closed at 2,058.2 and the Dow Jones gained 0.06% and […]
January 5, 2015 – Stock Market News Everyone seems to be getting on the wearable technologies, except for actual consumers. Despite waning interest on the part of the tech-savvy populations, every company seems to be rushing to offer its own variation of wearable technology. Alcatel just jumped on the bandwagon, announcing its own answer to […]
January 5, 2015 – Forex News Hot asset for today: EUR/USD EUR/USD On Friday, the EUR/USD continued to trade with bearish sentiment and ended the week near 1.2000. Investors were assessing the potential of new monetary stimulus from the European Central Bank. The pair opened the new week very low and dropped to its lowest […]
January 5, 2015 – Weekly News WEEKLY REPORT 5/1-9/1 EUR/USD Last week the EUR/USD traded with bearish sentiment and by the end of the week the pair had fallen from 1.2220 to 1.2000. The drop was seen despite the fact that the market was closed for New Year’s Day. The Euro has been struggling […]
European markets have open weaker today, amid concerns over political turmoil in Greece. Later today, traders will keep a tab on UK construction PMI data for further direction. Additionally, Eurozone Sentix investor confidence and German preliminary consumer price inflation data will grab market attention. Related Posts:Tesla Q1 Earnings: Poor deliveries point to disappointing… April 17, […]
October 9, 2013 – Stock Market News Stock futures in the U.S. are showing signs of stocks opening higher today. This investor optimism has been created by the announcement yesterday that Janet Yellen will become the next chairman of the Federal Reserve. Investors are still cautious regarding the current debt ceiling situation and this movement […]
European markets have open stronger today, mirroring gains in Asian equity markets. However, trading volumes are expected to be thin on the first trading day of the New Year. Later today, UK manufacturing PMI, mortgage approvals and M4 Money Supply data will attract market attention. Moreover, traders will track manufacturing data across Europe and the […]
December 31, 2014 – Daily Market News Today’s Hot Assets: Gold, Oil U.S markets finished lower, losing their record levels. Markets declined as U.S data missed expectations and oil prices dropped to a new 5 year low. The Dow Jones lost 0.31% and fell to 17,983.07. The S&P 500 lost 0.49% closing at 2,080.35. Asian […]
December 31, 2014 – Stock Market News With the gift-giving season winding down, final numbers are being tabulated for sales of particular products. Within the smartphone market, Apple looks to have come out on top, with just over half of all smartphones sold having been iPhones. Similarly, more and more vendors are looking to sign […]
December 31, 2014 – Indices News U.S markets finished lower, losing their record levels. Markets declined as U.S data missed expectations and oil prices dropped to a new 5 year low. U.S CB Consumer Confidence was expected to show the highest figure seen in 7 years but missed expectations hitting sentiment. Markets were also due […]
December 31, 2014 – Forex News Hot asset for today: EUR/USD EUR/USD After dropping to 1.2125 on the back of Greek elections, the EUR/USD corrected and reached a high of 1.2185. During the U.S session, volatility was low despite the release of Consumer Confidence data. The reading was expected to be the highest seen since […]
European markets have open in mostly the green today. Meanwhile, trading volumes are expected to be light ahead of the New Year holiday. In the absence of domestic macro releases today, market participants will track US initial jobless claims, pending home sales and Chicago manufacturing activity data to gauge the health of the world’s largest […]
December 30, 2014 – Stock Market News After ending Clip Art earlier this year due to its dated, limited usefulness, Microsoft has moved on to consider further alterations. Chief among them includes talk of replacing Internet Explorer with a lighter, more responsive browser. Internet Explorer has taken flack for a long time for being slow […]
December 30, 2014 – Daily Market News Today’s Hot Assets: Oil, Gold, USD U.S markets finished mixed. Sentiment was hit by worries over economic stability in Europe following a third parliamentary election which failed to appoint a new President. The S&P 500 reached another record close for the 53rd time this year, adding 0.09% to […]
European markets have open in the red today, as political uncertainty in Greece and falling oil prices weighed on investor sentiment. Closer home, data from Nationwide indicated that house prices in the UK rose at a slower pace in December. Later today, traders will track US consumer confidence and Eurozone M3 money supply data for […]
December 29, 2014 – Daily Market News Today’s Hot Assets: Gold, EUR U.S markets moved higher on Friday reaching records once again. The gain came after markets were closed for the Christmas Holidays. The Dow Jones closed at a record for the 38th time this year, gaining for a 7th session in a row. The […]
December 29, 2014 – Stock Market News It really shouldn’t be a surprise to anyone that Sony Picture’s “The Interview” did as well as it did. The amount of free publicity which hemorrhaged into patriotic pressure is simply unprecedented. Since its Christmas release, “The Interview” has grossed close to $18 million already. The chief source […]
December 29, 2014 – Indices News U.S markets moved higher on Friday reaching records once again. The gain came after markets were closed for the Christmas Holidays. The Dow Jones closed at a record for the 38th time this year, gaining for a 7th session in a row. The index closed 0.13% higher at 18,053.71. […]
December 29, 2014 – Weekly News EUR/USD Despite low volatility, the EUR/USD slightly decreased to a two and a half year low of 1.2165. The drop was caused by unexpectedly strong U.S GDP which showed a 5% increase instead of an expected 4.3%. A price correction was seen but the pair finished the week below […]
European markets have open mostly in negative territory today, amid caution ahead of the final round of Presidential elections in Greece scheduled later today. In the absence of domestic macro releases today, traders will keep a tab on the Dallas manufacturing business activity index in the US for further guidance. Related Posts:Tesla Q1 Earnings: Poor […]
December 26, 2014 – Daily Market News The Following markets will remain closed today: France, Italy, New Zealand, Indonesia, Hong Kong, UK, Spain, Norway, Germany, Switzerland, Canada, Australia, South Africa The U.S will be open as normal. Related Posts:Market continues to price in a plethora of rate cuts for… April 17, 2024 Market is still […]
December 26, 2014 – Stock Market News Apple has once again decided not to adjust the internal storage capacity of the basic iPhone 6. This is a decision seen year after year with whichever model is current, and saves Apple over $3 billion per year that translate into earnings. It also means that those who […]
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December 26, 2014 – Forex News EUR/USD On Wednesday, the EUR/USD traded between 1.2165 and 1.2220. The pair dropped on the back of strong U.S. Final GDP data which showed a very impressive increase of 5%, higher than the expected 4.3%. The pair is now ranging due to technical trading. Volatility is low as most […]
December 25, 2014 – Daily Market News Today’s Hot Asset: JPY European markets finished mixed yesterday. The DAX remained closed for Christmas Eve and the CAC 40 & FTSE traded for half a day. The CAC 40 lost 0.45% after data showing that the number of people seeking employment rose to a record high. The FTSE 100 closed 0.18% higher […]
