Yesterday’s release of FOMC minutes saw USD rise against both the Euro and the Yen, as the meeting suggested a shift towards a more hawkish stance by the Fed. The Yen’s loss, however, was the Nikkei’s gain as the Japanese Index continued to rise, closing up 0.85% at 15,86.20, a three-week high. The FTSE 100 […]
August 21, 2014 – Stock Market News Today’s Hot Asset – Boeing Stocks in the U.S. closed yesterday’s session trading slightly higher. Investors reacted well to the information they received once the Federal Reserve’s meeting minutes for July were released. The news pointed towards a healthier outlook for the labor market and as a result […]
European markets have opened on a firmer footing today, mirroring yesterday’s gains on Wall Street. Closer home, market participants await UK public finances data along with a report on retail sales which is widely expected to show that retail sales increased at a faster monthly pace in July. Additionally, traders will keep a tab on […]
European markets have opened on a firmer footing today, mirroring yesterday’s gains on Wall Street. Closer home, market participants await UK public finances data along with a report on retail sales which is widely expected to show that retail sales increased at a faster monthly pace in July. Additionally, traders will keep a tab on […]
August 20, 2014 – Daily Market News Today’s Hot Assets: USD, Gold The U.S. released Housing Starts and CPI data yesterday. Despite inflation growing at the slowest pace since March, the market reacted positively. At session close the S&P 500 was 0.5% higher. Asian markets climbed across the region. The Nikkei added 0.03% as the […]
August 20, 2014 – Forex News Hot asset for today: EUR/USD EUR/USD Yesterday, the EUR/USD broke through its support when the U.S. released its CPI and housing data. Despite inflation growing at the slowest pace since March, the market reacted positively. The U.S. Dollar appreciated and reached its highest value since September 2013. During the […]
August 20, 2014 – Indices News Asian markets were little changed today as BHP Biliton, the world’s largest mining company, dragged down materials shares when the it announced that it would not go through with a share buyback expected by many investors. Furthermore, worse than expected trade data from Japan had a very mixed effect […]
August 20, 2014 – Forex News Hot asset for today: EUR/USD Yesterday, the EUR/USD pair broke its support when the U.S. CPI and housing data were released. Despite the fact that the inflation growth in a lowest peace since March, the market reacted positively and the U.S. Dollar appreciated and reached the highest value since […]
August 20, 2014 – Stock Market News Today’s Hot Asset – Apple Stocks in Europe traded higher throughout the entire trading session yesterday. Investors within Europe were given a much needed boost of confidence, as the majority of signs are that the European Central Bank will implement additional easing measures. This news helped lift most […]
Yesterday’s US session saw the S&P 500 move nearer to its record close of 1987.98, with the index rising by around 0.5% to close at 1982, continuing to feel the rejuvenating effects of a strong earnings season. The Dow was also up by 0.5% at 16,920, approaching the 17,000 mark again. Balfour Beatty has rejected […]
European markets have opened mostly on a weaker footing today, as traders took a breather following two days of gains and ahead of the minutes of the US Federal Reserve and the Bank of England’s latest monetary policy meetings. Closer home, market participants will keep a tab on the Confederation of British Industry’s industrial trends […]
European markets have opened mostly on a weaker footing today, as traders took a breather following two days of gains and ahead of the minutes of the US Federal Reserve and the Bank of England’s latest monetary policy meetings. Closer home, market participants will keep a tab on the Confederation of British Industry’s industrial trends […]
August 19, 2014 – Forex News Hot asset for today: EUR/USD EUR/USD Yesterday, the EUR/USD fell below 1.3360, confirming the wider channel the pair has been trading within for the past 5 days. The pair reacted to the stronger U.S. Dollar which has been benefitting from positive speculation ahead of tomorrow’s report. Today at 12.30PM […]
August 19, 2014 – Stock Market News Today’s Hot Asset – BHP Billiton Stocks in the U.S. traded sharply higher throughout yesterday evenings session. Investors in the U.S. were given a much needed shot of confidence following positive home-builder data. This news relieved much of the weight remaining within the equity markets and as a […]
August 19,2014 – Daily Market News Today’s Hot Assets: USD, Oil U.S. stocks climbed as geopolitical tension seemed to ease. Traders were also waiting for this week’s data, including CPI and the FOMC Meeting Minutes, to determine the strength of the economy. Investors are anxious for any hints towards raising interest rates as data has […]
The Dow rose 1% in yesterday’s trading, creeping back up towards the 17,000 level, with the S&P also up by 0.85%. The US indices have been aided by a strong earnings season for Q2 2014, with a significant percentage of S&P 500 companies beating expectations. The strengthening US economy, with unemployment declining, has also played […]
European markets have opened firmer today, extending yesterday’s gains, amid ebbing tensions over the Ukrainian crisis. Closer home, traders await consumer prices data which is expected to show the UK annual consumer price inflation slowed in July. Additionally, Eurozone current account along with US consumer price inflation and housing starts data will be on investors’ […]
European markets have opened firmer today, extending yesterday’s gains, amid ebbing tensions over the Ukrainian crisis. Closer home, traders await consumer prices data which is expected to show the UK annual consumer price inflation slowed in July. Additionally, Eurozone current account along with US consumer price inflation and housing starts data will be on investors’ […]
August 18, 2014 – Indices News Asian stocks were little changed following five days of bullish movement. In China, the Shanghai Composite added 0.57% while the Hang-Seng was unchanged following weaker than expected results on the Yearly Foreign Direct Investment report. The Nikkei showed moderated movement, gaining 0.03% due to conflicting sentiment stemming from a […]
August 18, 2014 – Stock Market News Today’s Hot Asset – Coca-Cola Stocks in Europe are currently trading higher as the first session of the week nears its close. Investors in Europe seem to be more relaxed during today’s session as the tension between Ukraine and Russia began to subside again. The situation flared up […]
August 18, 2014 – Daily Market News U.S. stocks closed lower after U.S. data was mostly worse than expected with the Michigan Consumer Sentiment falling to 79.2. Losses were also seen due to reports that tension between Russian and Ukraine increased. At session close, stocks shrugged off some of their losses and the S&P 500 […]
August 18, 2014 – Forex News Hot asset for today: EUR/USD EUR/USD Last Friday, the EUR/USD slightly increased and finished just below 1.3400 in reaction to weaker U.S. data. As the new week started the pair slightly declined to its current price at 1.3385. Today there is no important economic data coming out meaning investors […]
August 18, 2013 – Weekly News WEEKLY REPORT 18/08-22/08 EUR/USD Last week, the EUR/USD pair moved sideways in a wide channel. The pair jumped to 1.3415 but then fell to 1.3350. Indecision in the market caused the sharp movements. The main event this week will be the U.S. FOMC Meeting Minutes which will be released […]
There was mixed news for Asian indices during the week’s first session; the Shanghai Composite was up by around 0.6%, with stocks at an 8-month high after tech and shipping sector gains. However, the Hang Seng was down by 0.1% as China’s Foreign Direct Investment number fell for the first time in 17 months and […]
European markets have opened firmer, rebounding from Friday’s losses, triggered by news that Ukrainian forces destroyed Russian military vehicles in Ukraine territory. Closer home, the Rightmove indicated that house prices in the economy suffered a record monthly drop in August. Looking ahead, amid a lack of domestic economic releases, traders will keep an eye on […]
European markets have opened firmer, rebounding from Friday’s losses, triggered by news that Ukrainian forces destroyed Russian military vehicles in Ukraine territory. Closer home, the Rightmove indicated that house prices in the economy suffered a record monthly drop in August. Looking ahead, amid a lack of domestic economic releases, traders will keep an eye on […]
August 15, 2014 – Daily Market News For past two days, the EUR/USD pair is traded in a different way when we saw low volatility during the day but significant spike up around 12.00 GMT. That might point on negative expectation from the U.S. market which disappears once the economic data comes out. Today […]
August 15, 2014 – Forex News Hot Asset For Today: EUR/USD The EUR/USD has been ranging ahead of data coming out later today. At 12:30 GMT, US PPI and Empire State Manufacturing reports will be published. Later, at 13:15 GMT, US industrial production data will come out. Consequently, the pair may experience a good amount of activity […]
August 15, 2014 – Stock Market News Today’s Hot Asset – Pfizer Stocks in the U.S. continued to trade higher throughout yesterday evenings trading session. Investors in the U.S. showed their sense of relief yesterday, as they noticed the conflict between Ukraine and Russia looks like it’s starting to subside. This lifted lots of sentiment […]
Tough questions for the Euro zone this morning, as French finance minister Michel Sapin declared that the Euro areas’ second largest economy will adjust the speed of its deficit reduction, instead of raising taxes in a bid to meet its deficit targets. This is likely to raise serious questions for the ECB, which faces growing […]
