November 28, 2014 – Forex News Hot asset for today: GBP/USD EUR/USD The EUR/USD slightly decreased and ranged below 1.2450 during the Asian session. Important German Inflation data was released and can be used to make predictions before today’s EU CPI release. The release was as expected and showed an increase of 0.0% over the […]
As expected, yesterday’s OPEC meeting in Vienna saw members decide not to reduce oil production in order to boost oil prices – Brent Crude subsequently dropped further in the wake of that decision, hovering around a five year low at $71.25. Not all OPEC countries were happy with the decision; Nigeria, Iran and Venezuela were […]
As expected, yesterday’s OPEC meeting in Vienna saw members decide not to reduce oil production in order to boost oil prices – Brent Crude subsequently dropped further in the wake of that decision, hovering around a five year low at $71.25. Not all OPEC countries were happy with the decision; Nigeria, Iran and Venezuela were […]
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European markets have open in the red today, as traders continued to mull over weak energy sector stocks after the Organisation of Petroleum Exporting Countries decided not to cut production at its meeting yesterday. Closer home, Gfk Group reported that consumer confidence in the UK unexpectedly deteriorated in November while Nationwide house prices grew at […]
European markets have open in the red today, as traders continued to mull over weak energy sector stocks after the Organisation of Petroleum Exporting Countries decided not to cut production at its meeting yesterday. Closer home, Gfk Group reported that consumer confidence in the UK unexpectedly deteriorated in November while Nationwide house prices grew at […]
November 27, 2014 – Stock Market News Goldman Sachs and J P Morgan Chase both upgraded their rating for Barclays. Goldman Sachs upgraded the rating to ‘Buy’ from ‘hold’ and JP Morgan reissued the ‘Overweight’ rating. JP Morgan also offered a price target of $24. Barclays is a British multinational banking and financial services company. […]
November 27, 2014 – Daily Market News Today’s Hot Asset: EUR U.S. markets climbed higher and closed at record levels once again. Volatility was lower as many traders taking an early weekend for the Thanksgiving holiday. At the close of the U.S session the S&P was 0.28% higher at 2,072.83, its 47th record close this […]
November 27, 2014 – Indices News U.S. markets climbed higher and closed at record levels once again. Volatility was lower as many traders taking an early weekend for the Thanksgiving holiday. Investors also appeared to shrug off lower than expected U.S. data including the Core Durable Goods Orders release which came out at -0.9%, its […]
November 27, 2014 – Forex News Hot asset for today: GBP/USD EUR/USD The EUR/USD climbed above 1.2500 and almost reached levels seen last week. The rally was driven by the U.S. Dollar which depreciated following mixed economic data. U.S. Core Durable Goods came out at the lowest level since January 2014 and followed disappointing CB […]
Holiday Notice – It’s Thanksgiving in the US today, which means that a variety of US markets will be closed for the holiday. What’s Up Stagecoach – Stock in the travel group is up by 7.35% this morning after the company – in conjunction with Virgin – won the contract to run the East Coast […]
Japanese stocks closed down on Thursday, as selling of Nikkei futures in the afternoon widened earlier losses driven by weak U.S. data and a stronger Yen. The Nikkei benchmark shed 0.8% to close at 17,248.50. Many investors stayed on the sidelines ahead of the Thanksgiving holiday in the U.S., and the trade volume was the […]
European markets have open mostly in positive territory today, ahead of a slew of major economic releases in the Eurozone and Germany. Later in the session today, traders will closely eye UK Lloyds business barometer data for further direction. Additionally, Eurozone consumer confidence data along with German consumer price inflation, Gfk consumer confidence and unemployment […]
European markets have open mostly in positive territory today, ahead of a slew of major economic releases in the Eurozone and Germany. Later in the session today, traders will closely eye UK Lloyds business barometer data for further direction. Additionally, Eurozone consumer confidence data along with German consumer price inflation, Gfk consumer confidence and unemployment […]
November 26, 2014 – Stock Market News It is rumoured that Google may purchase GoPro in 2015. If the acquisition goes ahead Google could gain access to the camera company’s user base and technical expertise. In return GoPro would gain capital. GoPro is already in the news after gaining 4 % over the past two […]
November 26, 2014 – Daily Market News Today’s Hot Assets: USD, Oil U.S. markets traded choppy but closed slightly lower. Data was mixed and volume appeared to be low ahead of the Thanksgiving Holidays tomorrow. Despite indexes ending slightly lower, they still remained at all time highs. The S&P 500 closed 0.12% lower at 2,067.03 […]
November 26, 2014 – Indices News U.S. markets traded choppy but closed slightly lower. Data was mixed as U.S. GDP beat expectations and showed that the economy expanded 3.9% over the last quarter. CB Consumer Confidence, however, dropped and came out at 88.7. Volume appeared to be low ahead of the Thanksgiving Holidays tomorrow. Despite […]
November 26, 2014 – Forex News Hot asset for today: GBP/USD EUR/USD Yesterday, the EUR/USD increased and surprisingly, the pair almost reached 1.2500. The pair climbed despite strong U.S. GDP data which showed that U.S. output grew by 3.9% (instead of the expected 3.3%) during the last quarter. The pair is currently trading around 1.2480. […]
Japanese stocks edged down on Wednesday as investors cautiously awaited a slew of U.S economic data and a holiday-shortened U.S. trading week dampened risk appetite, while Honda Motor Co fell sharply after admitting to under-reporting accidents. The Nikkei benchmark ended 0.1% lower at 17,383.58. U.S. stocks ended little changed on Tuesday as the U.S. economy […]
European markets have open in positive territory today, as yesterday’s upwardly revised US third-quarter Gross Domestic Product (GDP) data lifted investor sentiment. Later today, market participants will keep a tab on the UK’s revised third-quarter GDP data for further direction. Moreover, US Reuters/Michigan consumer sentiment, durable goods orders, personal income and spending, new home sales […]
European markets have open in positive territory today, as yesterday’s upwardly revised US third-quarter Gross Domestic Product (GDP) data lifted investor sentiment. Later today, market participants will keep a tab on the UK’s revised third-quarter GDP data for further direction. Moreover, US Reuters/Michigan consumer sentiment, durable goods orders, personal income and spending, new home sales […]
November 25, 2014 – Stock Market News Sony rose strongly today, and closed with more than a 6% increase after deciding not to film a biography of Steve Jobs and the major success of not only its own cell phone brands, but the components sold to rivals. However, much later after the Tokyo Stock Exchange […]
November 25, 2014 – Daily Market News Today’s Hot Asset: USD U.S. markets climbed and closed at record levels again. Volatility was low due to a lack of economic data but sentiment remained optimistic due to a number of factors. The S&P 500 closed 0.29% higher, reaching a record for the 46th time this […]
November 25, 2014 – Indices News U.S. markets climbed and closed at record levels again. Volatility was low due to a lack of economic data but sentiment remained optimistic due to a number of factors. Dovish comments from the ECB President, Draghi; monetary policy from China and stronger data from the U.S all continued to […]
November 25, 2014 – Forex News Hot asset for today: EUR/USD EUR/USD Yesterday, the EUR/USD recovered slightly and climbed from 1.2360 to 1.2440. The increase was supported by better than expected German Ifo Business Climate data. The Euro is now expected to remain under pressure until Friday as the market is awaiting the release of […]
Asian shares gave back some of this week’s China-inspired gains on Tuesday, while oil prices slipped as traders lowered their expectations of a significant output cut at this week’s OPEC meeting. Japan’s Nikkei stock average added 0.3 percent, even in the face of a stronger Yen which usually weighs on shares. U.S. stocks rose on […]
European markets have open mostly flat today. Going forward, market participants will focus on US revised third-quarter Gross Domestic Product (GDP) data for further direction. Closer home, traders will keep a tab on UK mortgage approvals data along with a speech by the Bank of England Governor, Mark Carney. Additionally, the German financial stability report […]
European markets have open mostly flat today. Going forward, market participants will focus on US revised third-quarter Gross Domestic Product (GDP) data for further direction. Closer home, traders will keep a tab on UK mortgage approvals data along with a speech by the Bank of England Governor, Mark Carney. Additionally, the German financial stability report […]
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