August 1, 2014 – Stock Market News Today’s Hot Asset – Mastercard Stocks in Europe traded mixed to lower during an interesting session yesterday. Investors in Europe started the session in a positive mood following the release of positive German and French data. However, the mood changed as the session progressed as investors started to […]
European markets have opened in the red as a broad overnight sell-off on Wall Street continued to weigh on investors’ sentiment. Closer home, market participants will eye today’s Markit manufacturing Purchasing Managers’ Index (PMI) which is widely expected to show a marginal decline in July. Additionally, traders keenly await US non-farm payrolls data which is […]
European markets have opened in the red as a broad overnight sell-off on Wall Street continued to weigh on investors’ sentiment. Closer home, market participants will eye today’s Markit manufacturing Purchasing Managers’ Index (PMI) which is widely expected to show a marginal decline in July. Additionally, traders keenly await US non-farm payrolls data which is […]
July 31, 2014 – Indices News Asian markets have been mixed today after posting record gains earlier this week. Leading the downside were tech stocks, with giants like Samsung and Nintendo falling 3.7% and 6.5% respectively due to worse than expected sales and income. Further encumbering Asian indices has been anxiety over a potential interest […]
Stocks in the Asian region were seen swinging in between gains and losses on Thursday, after the US released its economic growth report for the second quarter and the Federal Reserve (Fed) statement. Meanwhile Samsung Electronics and Nintendo shares dropped after posting lower second quarter figures. Asian Stocks The Japanese benchmark Nikkei 225 index slid […]
The following article was adapted from Robert Prechter’s June 2014 issue of The Elliott Wave Theorist, one of the longest-running investment letters in the business, continuously published monthly since 1979. Figure 1 shows the stock market’s waves from 1693 to the present. The circled Roman numerals denote waves of Grand Supercycle degree, the largest complete […]
July 31, 2014 – Daily Market News Today’s Hot Assets: CAD, USD U.S. data was mixed yesterday. The ADP Non- farm Employment Change was worse than expected but GDP increased by an impressive 4%. The data spurred demand for the U.S. Dollar as many investors then expected a positive FOMC Statement. During the meeting a […]
Debt negotiations between Argentina and a group of hedge funds fell through yesterday, with S&P subsequently declaring that Argentina was effectively in default and downgrading the country’s credit rating accordingly, from CCC- to ‘selective default’. There are likely to be fears about a potential run on the country’s $29 billion of international bonds, with investors […]
July 31, 2014 – Stock Market News Today’s Hot Asset – Exxon Mobil Stocks in Asia traded slightly lower during the early trading session today. Today’s session was rather quiet as investors prepare themselves for the upcoming fundamental data releases. Samsung Electronics had a particularly bad session, as they witnessed their share price devalue by […]
European markets have opened mostly higher today. Traders await a raft of European economic releases and corporate earnings updates due later today. Closer home, GfK reported that consumer confidence in the UK deteriorated in July while a Bank of England policymaker, Ben Broadbent, highlighted the possibility for an earlier-than-expected interest rate hike. Later today, Eurozone […]
European markets have opened mostly higher today. Traders await a raft of European economic releases and corporate earnings updates due later today. Closer home, GfK reported that consumer confidence in the UK deteriorated in July while a Bank of England policymaker, Ben Broadbent, highlighted the possibility for an earlier-than-expected interest rate hike. Later today, Eurozone […]
Asian Stocks Stocks in the Asian region were seen climbing on Wednesday, rising for a fourth day after economic data from Japan and before the release of the US Federal Reserve (Fed) policy statement due later in the day. Japan The Japanese benchmark Nikkei 225 index rose 0.18% higher, trading at 15,646.23 points, while Tokyo’s […]
July 30, 2014 – Forex News EUR/USD On Tuesday, the EUR/USD broke its support again and moved down to 1.3405. The pair reacted to German benchmark yields which fell after the EU and U.S. increased sanctions against Russia. The sentiment continued today and at the beginning of the European session the pair dropped further and […]
July 30, 2014 – Daily Market News Today’s Hot Assets: USD, Gold, Oil U.S. stocks finished lower as increased sanctions were applied against Russia. Additional sanctions were placed on energy, defence and financial sectors as punishment against supporting separatists. This news offset positive data and earnings reports. At session close, the S&P 500 was 0.45% […]
European Markets were trading broadly flat this morning, despite both the US and the EU imposing further economic sanctions on Russia. Financial institutions and Energy companies will bear the brunt of the sanctions, though weapons sales and purchases have also been curtailed. There were gloomy tidings from bond markets, with 10-year yields hitting new record […]
July 30, 2014 – Stock Market News Today’s Hot Asset – Twitter Stocks in Asia traded mixed during the early trading session this morning. Investors in Asia approached the markets with caution throughout the entire session today as they looked ahead to the key data due to be released in the U.S. later in the […]
European markets have opened in the red today, as traders refrained from taking riskier bets following the European Union (EU) and the US decision to impose fresh sanctions against Russia. Closer home, traders will eye UK GfK consumer confidence and Lloyds business barometer due later today. However, the main focus will be on the US […]
European markets have opened in the red today, as traders refrained from taking riskier bets following the European Union (EU) and the US decision to impose fresh sanctions against Russia. Closer home, traders will eye UK GfK consumer confidence and Lloyds business barometer due later today. However, the main focus will be on the US […]
July 29, 2014 – Stock Market News Today’s Hot Asset – Pfizer Stocks in Europe are currently trading higher during a rather quiet session so far today. Investors in Europe are currently keeping a close eye on the current on-goings between Ukraine and Russia. Investors are looking closely at the effect new sanctions imposed on […]
July 29, 2014 – Daily Market News Today’s Hot Assets: USD, Oil U.S. stocks finished slightly higher as investors weighed worse than expected housing data against earnings reports. Sales of existing homes in June fell by 1.1%, marking the first decline in four months. The S&P 500 added 0.03%, adding only one point to 1,978.91. […]
July 29, 2014 – Indices News U.S stocks were closed slightly higher as investors weighed worse than expected housing data against earnings reports. Sales of existing homes in June fell by 1.1%, marking the first decline in four months. In stocks news, Exxon mobile added 1.16%, Walt Disney added 1.07%, however, the Coca Cola company […]
July 29, 2014 – Forex News Hot asset for today: EUR/USD EUR/USD On Monday, the EUR/USD slightly rebounded, however, movement remained sideways. Volatility was low and the pair traded between 1.3425 and 1.3445 throughout the day. Pending Home Sales data from the U.S. did little to the pair as it seems investors are already speculating […]
European equity markets are subdued this morning amidst concerns about tougher sanctions potentially to be imposed by Western policy-makers on Russia. The FTSE and DAX are both up 0.1% and the CAC is down 0.2% US markets were similarly sluggish, closing only slightly higher on Monday evening with the Dow up 0.13% and the S&P […]
European markets have opened higher today. Traders look ahead to a slew of earnings updates from some major European companies and the commencement of a two-day US Federal Reserve policy meeting later in the day. Closer home, investors will keep a tab on mortgage approvals and M4 money supply data slated for release later today. […]
European markets have opened higher today. Traders look ahead to a slew of earnings updates from some major European companies and the commencement of a two-day US Federal Reserve policy meeting later in the day. Closer home, investors will keep a tab on mortgage approvals and M4 money supply data slated for release later today. […]
July 28, 2014 – Stock Market News Today’s Hot Asset – Lloyds Banking Group Stocks in the U.S. have opened their first trading session of the week trading reasonably steady. The session should be an interesting one for binary options investors as investors look ahead to the upcoming data and corporate earnings figure releases later […]
July 28, 2014 – Daily Market News Today’s Hot Asset: USD U.S. stocks closed lower for the week following disappointing earnings. Amazon reported a loss of $126 million and Visa cut its yearly revenue forecast. Geopolitical tension also came back in to the spotlight. At session close, the S&P 500 lost 0.48% and the Dow […]
So far, 2014 signaled a positive year for the markets, with stocks and indices generally on the rise and the global economy seemingly stabilizing despite political and military unrest in multiple regions. As the 2nd quarter of 2014 has come to a close, we thought we’d take a look at the 10 companies that made […]
Mixed markets this morning in Europe after gains for Asian Markets overnight; the Nikkei was up 0.46%, the Hang Seng up 0.88% and the Shanghai Composite up by an impressive 2.41%, hitting a seven-month high after further positive economic news, with figures showing year-on-year June growth of 17.9% for China’s largest industrial firms. The FTSE […]
European markets have opened in positive territory today, as strong Chinese industrial profits data boosted investors’ sentiment. However, market participants remain alert to developments in Gaza and Ukraine. Amid a lack of major domestic economic releases today, traders will keep a tab on US pending home sales and the Dallas Federal Reserve’s manufacturing business index […]
