Daily Market News: April 2, 2014

April 2, 2014 – Daily Market News Today’s Hot Assets: USD, EUR, Oil U.S. data showed that manufacturing expanded at a slightly faster pace in March than the previous month. The ISM Manufacturing Index increased by 53.7 % which although slightly below forecast was in line with expectations and still showed expansion. The market also […]

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US Dollar Little Change Before Pre-NFP Data

April 2, 2014 – Forex News Hot Asset For Today: EUR/USD EUR/USD The euro, despite disappointing manufacturing PMI data managed to continue its movement upwards slightly. European Central Bank Vice President, Vitor Constancio indicated that he did not see deflation prospects in the Euro-zone but at the same time warned that the economy could face a protracted […]

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Markets Higher Amid US Optimism

European markets have opened higher today, in line with overnight gains on Wall Street, after data showed an improvement in the US manufacturing activity. Later today, ADP’s US private-sector employment report will garner market attention. Closer home, data from Nationwide indicated that UK house prices increased at the fastest annual pace since May 2010 in […]

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Indices Up on Good US Manufacturing Data

April 1, 2014 – Indices News Asian markets have risen again, posting the longest rally in six weeks as information technology companies lead equities higher. Investors have been emboldened by rumors that China could provide stimulus to prevent a slowdown in growth. However, Japanese markets went down as the sales tax was increased today from […]

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Daily Market News: April 1, 2014

April 1, 2014 – Daily Market News Today’s Hot Assets: EUR, USD Janet Yellen, the Head of the Federal Reserve, spoke yesterday at the National Interagency Community Reinvestment Conference. Yellen stated that the labour market is still slacking and so an accommodative policy would be favoured for some time. It appeared her previous comments two […]

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USD Weakened On Yellen’s Dovish Speech

April 1, 2014 – Forex News Hot Asset For Today: GBP/USD EUR/USD The euro gained in strength against the dollar in particular when Federal Reserve Chair Janet Yellen’s comments indicated to a very large extent a dovish approach towards moving forward on the U.S economy. Yellen reiterated the fact that the U.S. economy still needs monetary […]

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Comment: European Stocks Start Q2 On A Firm Footing; PMIs In Focus

Stocks in Europe kick off the second quarter of 2014 on a firmer footing thanks to overnight gains in US and Asian markets. Fed chair Yellen played dove this time around by saying that stimulus needs to stick around for some time. That could be seen as contradictory from her last message to markets about […]

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Strong Consumer Spending Pushes up US Stocks

Stock options traders can use a wide array of information to attempt to predict market volatility, and something that should be on their radar in the coming months is consumer spending. According to the U.S. Department of Commerce, household purchases increased the most in three months during February, which pushed U.S. stocks higher as shares rebounded. Experts […]

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Stocks Rise Following Janet Yellens Comments

April 1, 2014 – Stock Market News Today’s Hot Asset – Microsoft Stocks in Asia traded mixed during the early session today. Data released by China earlier in the session did help to push stock values higher. However, it was not enough to convince all investors to invest in equities creating lots of volatility. This […]

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Markets Eye Economic Data

European markets have opened higher today, as investors look forward to manufacturing data across Europe and the US to gauge the strength of economic recovery. The German and Eurozone unemployment data will also garner market focus. Closer home, data is expected to show that the nation’s manufacturing PMI dropped to a reading of 56.5 in […]

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Indices Rise as Yellen Reassures Investors

March 31, 2014 – Indices News Asian markets rose today after falling earlier due to continued tension between the EU and Russia over the situation in the Crimea.  However, long term prospects for Asian markets are not clear. Tomorrow, Chinese Manufacturing data will be published and if it turns out worse than expected, investors could […]

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Stocks On The Up Following Chinese Data

March 31, 2014 – Stock Market News Today’s Hot Asset – Facebook Stocks in Europe are continuing to trade higher as we head into the middle stages of today’s session. Investors are of the mindset that regional currencies could weaken in the future making them a less appealing investment and this is allowing stock values […]

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Daily Market News: March 31, 2014

March 31, 2014 – Daily Market News Today’s Hot Assets: EUR, CAD, USD, GBP U.S. stocks rallied on Friday following the release of positive consumer spending data which rose at the fastest rate since November. However, Michigan Consumer Sentiment released later in the day was below expectations and showed the lowest level since November causing […]

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Binary Options Weekly Outlook: March 31 – April 4

March 31, 2014 – Weekly News WEEKLY REPORT 31/03-04/04 EUR/USD Last week the EUR/USD pair has continued its downtrend and in by the end of the week erased about 50 pips. On Friday the pair bounced on its 1-month low (1.3705) as weaker German CPI increased expectation of European Central Bank action. On Monday we […]

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Comment: Financial Markets In Europe Move Higher; Eyes On Inflation Data

European markets moving higher Monday, extending their previous week’s gains amid growing speculations that the ECB and China would announce further stimulus measures. It’s the last day of a turbulent quarter which has seen geopolitical tensions, downbeat China data and a hawkish Fed all rattle confidence. Further, deflation worries in the euro zone after German […]

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Markets Higher; Eurozone consumer prices data eyed

European markets have opened higher today, extending their previous week’s gains, amid growing speculations that the ECB and China would announce further stimulus measures. Later, investors will keep a close eye on Eurozone’s consumer prices data. Closer home, Hometrack reported that UK house prices rose 0.6% MoM in March, compared to a 0.7% increase in […]

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Markets Climb On Optimistic US Data

March 28, 2014 – Indices News Asian markets have climbed as the outlook for the United States improves – boosting potential demand for Asian manufactured goods.  Further helping Asian indices climb was a statement by the Chinese Premier in which he noted that China had policies in reserve to deal with the difficulties that could […]

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Comment: Negative Week for NASDAQ Whilst UK Insurance Companies Suffer Further Blow

The NASDAQ is set to post its worst week for almost a year, with equity markets in the US reacting negatively to the ongoing situation in Eastern Europe. Mining shares, however, have risen on the back of Chinese Premier Li Keqiang’s announced intention to continue infrastructure spending in an effort to boost China’s economy. Glencore […]

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Manchester United Value Rises Amid Takeover Rumors

March 28, 2014 – Stock Market News Today’s Hot Asset – Manchester United Stocks in Asia traded slightly higher during the final session of the week. Banks in Hong Kong released positive earnings figures and this gave investors the encouragement they needed to invest in equities. Stocks in Hong Kong lead the region with the […]

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Daily Market News: March 28, 2014

March 28, 2014 – Daily Market News Today’s Hot Assets: GBP, USD  Obama’s speech reinstated caution and investors once again became risk averse, sending stocks lower. US stocks remained lower yesterday following mixed data. GDP and Pending Home Sales both came out below expectations bringing disappointment to the market. However, initial jobless claims were better […]

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Currencies Range in Anticipation of US data

March 28, 2014 – Forex News EUR/USD   The EUR/USD has gone up slightly today but is mostly ranging. Though the dollar continues to be under upward pressure, traders seem more focused on the French GDP and Consumer Spending data coming out at 7:45 GMT and the US Personal Spending data coming out at 12:30 […]

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Markets Higher on China Stimulus Bets

European markets have opened higher today, amid heightened speculation of additional monetary stimulus in China. Closer home, investors will watch economic data which is expected to reveal that the nation’s gross domestic product rose 0.7% QoQ in the fourth quarter of 2014, compared to a growth of 0.8% in the previous quarter. Earlier, a survey […]

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The “King” of stocks has arrived to eToro

Yesterday they went public, and today you have them at eToro. The creators of Candy Crush are here, and despite their bad first day, it promises to give us many good surprises in the future. The  games developer company behind Candy Crush, King, has been valued at over $7bn (£4.2bn) after it raised $500m listing on the […]

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Stocks Mixed As Tensions Rise

March 27, 2014 – Stock Market News Today’s Hot Asset – Twitter Stocks in the U.S. have opened the day trading mixed to lower. Investors have witnessed waves of positive economic data. However, stocks are still stumbling as fresh tensions between the U.S. and Russia are creating doubts in investors’ minds. This should create lots […]

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US Stocks Futures Trades Higher Before GDP Report

Stocks index  futures in the US were seen trading higher on Thursday, following Wednesday’s biggest drop in two weeks as traders awaits reports on  home sales, jobless claims and the US gross domestic product (GDP) for the final quarter of the year. Futures for the Standard & Poor’s 500 Index gained 0.18% to 1,845.90 in […]

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Daily Market News: March 27, 2014

March 27, 2014 – Daily Market News Today’s Hot Assets: GBP, USD, Gold The US President, Obama, spoke yesterday in Brussels. He stated that further economic sanctions could be introduced against Russia and that allies should not be complacent. US stocks opened the day in positive figures following a mix of positive data and speculation […]

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Obama’s Speech Scares Investors

March 27, 2014 – Indices News American markets went down yesterday after Obama made statements critical about Russia’s annexation of the Crimea. Investor reacted anxiously to this, as many felt that his words could exacerbate the conflict and potentially lead to military confrontation or further sanctions. Thus, any gains made earlier in the day due […]

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Comment: King Digital IPO Woes; Possible UK Energy Shake-Up

US Markets slumped yesterday after a disappointing day for the technology sector. Facebook stocks were down by 6.94% at the close, but the big news was the hammering that King Digital received on the first day of its IPO. While the company had initially aimed for a market capitalisation of $7.6 billion, concerns over the […]

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Japanese Yen Rally After Obama’s Speech

March 27, 2014 – Forex News Hot Asset For Today: USD/JPY After declining yesterday, the EUR/USD is ranging this morning in anticipation of US data coming out later today. At 12:30 GMT, there will be a speech by FOMC member Pianalto, along with US GDP and Initial Jobless claims data. Though recent US data has generally […]

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