July 10, 2014 – Daily Market News Today’s Hot Assets: EUR, GBP, USD The FOMC Meeting Minutes were released yesterday. The meeting showed that the Fed plans to end quantitative easing at its October meeting, reducing it by $10 billion each month. They also stated that despite significant improvement in labour data, they do not […]
July 10, 2014 – Forex News Hot Asset For Today: EUR/USD The EUR/USD is ranging today after climbing yesterday. Last night, the FOMC meeting minutes were released. Federal Reserve officials noted that the quantitative easing should end in October, which many investors already expect. However, they also noted that despite very bullish labor market data, […]
July 10, 2014 – Stock Market News Today’s Hot Asset – Boeing Stocks in the U.S. rose during yesterday’s trading session. Investors in the U.S. were in an optimistic frame of mind during yesterday’s session following a positive outcome of the Federal Reserve’s meeting minutes. The news helped alleviate a lot of the weight that […]
European equity markets have inched higher so far on Thursday thanks to a better Wednesday finish on Wall Street and an upbeat session in Asia except for Japan. US Fed meeting minutes were in line with expectations, containing no major surprises other than offering a firmer date as to when the tapering of the bond-buying […]
European markets have opened in negative territory today, ignoring positive leads from Wall Street. Yesterday, the minutes from the US Federal Reserve’s latest policy meeting hinted that policymakers were in no rush to raise interest rates. Closer home, data from the Royal Institution of Chartered Surveyors indicated that house price growth in the UK eased […]
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July 9, 2014 – Indices News Asian markets have fallen today for the second day in a row – posting the largest decline in two months. The main source of poor performance in the far east has been Chinese CPI and PPI results that missed estimates. Given that prices grew by less than analysts expected, […]
Coca-Cola recently broke above the resistance level 42.00 which is the first of the two buy targets that were set in our earlier forecast for this company (42.00 and 43.00). After a short upward thrust above 42.00, Coca-Cola corrected down to this price level – acting as support now after it was broken. The support […]
July 9, 2014 – Daily Market News Today’s Hot Assets: USD, Gold, EUR U.S. stocks declined again yesterday as investors became cautious ahead of the next earnings season. As recent advances came from solid U.S. data traders are now looking to company earnings for confirmation of strength of the economy. At session close the S&P […]
July 9, 2014 – Forex News Hot asset for today: EUR/USD Yesterday, the EUR/USD pair moved up and test its resistance at 1.3620. The pair moved up despite the good JOLTS Job Opening which pointed on the stronger U.S. labor market which should have make some downwards pressure on the pair. The market mainly reacted […]
Equity markets in Europe are trading broadly flat after regional indices suffered their biggest drop in two months in the previous session. Yesterday the Stoxx Europe 600 Index added 0.2% but the UK FTSE 100 fell 0.3% and the DAX in Germany off 0.1%. Asian markets drifted lower overnight after falls on Wall Street on […]
European markets have opened mostly in the green today, reversing some losses from yesterday’s trading session. Closer home, data from the British Retail Consortium indicated that shop prices in the UK dropped at a faster pace in June while Halifax reported that house prices in the UK declined in June. Later today, traders will focus […]
Asian Stocks Stocks in Asia were seen trading mixed on Tuesday as the Japanese yen strengthened against the US dollar dragging Japanese exporters stocks lower. Japan The Japanese benchmark Nikkei 225 index slid 0.42% lower, ending the session at 15,314.41 points, while Tokyo’s Topix index declined 0.22%, closing at 1,277.12 points. Nippon Steel slid 2.5% […]
July 8, 2014 – Daily Market News Today’s Hot Assets: Oil, USD U.S. stocks ended the day lower for the first time this month. Technology stocks were mostly lower as shares of Twitter Inc. fell 2.7% and Facebook slipped 1.5%. At session close, the S&P 500 was 0.39% lower and the Dow Jones was 0.26% […]
July 8, 2014 – Indices News American markets lagged slightly during last nights session. This was the first time the markets re-opened following last Thursday’s NFP & jobs data. The movement has been anticipated by many investors following the milestone figures that were reached following the data being released last Thursday. The NASDAQ lead the […]
July 8, 2014 – Forex News Hot Asset For Today: GBP/USD Yesterday, the EUR/USD pair slightly rebounded on a thin trading value. The pair was first bouncing off the 1.3600 level but later as the U.S. market started and the stock market declined the pair settled slightly above 1.3600. Today the volatility should increase […]
European stock markets fell on Tuesday as investors demonstrated caution ahead of the start of the second quarter earnings season. Equity markets are now drifting away from last week’s highs with attention focussed on corporate results for a fresh viewpoint on the state of the health of the US economy. The Stoxx Europe 600 Index […]
July 8, 2014 – Stock Market News Today’s Hot Asset – Google Stocks in the U.S. fell during yesterday’s opening session of the week. Investors within the U.S. were reluctant to trade big amounts during the session as they are now awaiting the upcoming company earnings figures which will start being released shortly. This caution […]
European markets have opened slightly higher today, after losses in the previous session. Investors await the start of US earnings season with Alcoa reporting second-quarter results after the regular market close. Closer home, the quarterly economic survey from the British Chambers of Commerce indicated that the UK economy is still strong and moving in the […]
July 7, 2014 -Daily Market News Today’s Hot Asset: USD The U.S. market remained closed on Friday for Independence Day. Consequently, markets remained at their record highs from Thursday which were reached after the positive NFP and Unemployment Rate figures. The S&P 500 closed 0.55% higher at 1,985.44 and the Dow Jones closed 0.54% higher […]
Asian Stocks Stocks in the Asian region began the week trading lower after markets in the US were shut on Friday in celebration of Independence Day and comments from the International Monetary Fund (IMF) chief Christine Lagarde over the weekend on forecasts that the global economy will expand at a slower pace in 2014 than […]
Gold prices have been in a giant basing or consolidation pattern for more than one year. As can clearly be seen below, gold futures prices have traded in a range between roughly 1,175 and 1,430 since June of 2013. The past few weeks we have heard more about gold prices as we have seen a […]
We have for many years observed a relationship between extremism and bear markets in the stock markets of Muslim nations. For example, this chart shows the deadliest Islamic terrorist attacks graphed against the MSCI Emerging Markets Index since the start of the index on December 31, 1987. Notice that many the attacks occurred near lows […]
July 7, 2014 – Forex News Hot Asset For Today: USD/JPY The euro continued its slide downwards on Friday, namely on the back of the clear lack of direction from the head of the European Central Bank Mario Draghi. The decision to leave interest rates on hold was to a certain extent to be expected as […]
July 7, 2014 – Indices News American markets were closed on Friday for Independence day. Investors will be expecting to see a reaction across all major U.S. indices today when the session commences, as this will be the first full session following the latest NFP report. Asian markets ended the day today lower. Investors within […]
European stock markets start the week on a subdued note, with major benchmark indices on the soft-side following weakness in Asian markets overnight. Early in Europe on Monday, the Stoxx Europe 600 Index was lower by 0.1% while the FTSE100 index in London was down by 0.2%. Futures on the S&P500 Index slid 0.1% while […]
July 7, 2014 – Commodities News Hot Asset For Today: Gold The price of Gold started the new week with decrease and in the time of writing the price ranged around $1,313/ounce. The price has been under pressure already since Thursday when the U.S. Non-farm payrolls pointed on stronger labour market and again supported the […]
July 7, 2014 – Stock Market News Today’s Hot Asset – Telefonica Stocks in Asia traded mixed during today’s early trading session. Investors within Asia will usually react to the previous movement in the last U.S. trading session. However, as the American markets were closed on Friday due to their national Independence Day holiday, investors […]
July 7, 2014 – Weekly News WEEKLY REPORT 07/07-11/07 EUR/USD Last week the EUR/USD pair decreased despite the jump up in the begging when the pair increased to its one month high. The pair closely watched the U.S. data as a predictor for Thursday’s Non-farm payrolls results and due to the fact that the data […]
European markets have opened in negative territory today, following disappointing industrial production data from Germany. Additionally, the International Monetary Fund (IMF) chief, Christine Lagarde, hinted over the weekend that the IMF might lower its global economic growth forecast. With no major domestic economic releases today, traders will focus on Eurozone Sentix investor confidence data which […]
