March 20, 2014 – Stock Market News Today’s Hot Asset – Gazprom Stocks in Asia have closed for the day trading lower during the early session. Investor’s within the region were scared away from regional equities following Janet Yellens policy statement and press conference yesterday. The Federal Reserve Chairwoman announced plans to taper their bond […]
European markets have opened lower today, tracking losses on Wall Street and Asian markets, after the US Federal Reserve decided to continue scaling back its bond buying programme and indicated that interest rates could rise sooner than expected. Closer home, investors will focus on the Confederation of British Industry’s industrial trends survey for selling prices […]
March 19, 2014 – Commodities News Gold has shot down after the FOMC statement as the Federal reserve has decided to taper the stimulus from $65 billion a month down to $55 billion a month. Since tapering amounts to a reduction in the money supply for the US dollar, the currency becomes scarcer and its […]
March 19, 2014 – Indices News Asian markets went down today as investors contemplated the possible results from the FOMC statement coming out later today along with potential troubles in China. At the moment, many are worried that the real estate market in China is under stress from being over leveraged, causing traders to be […]
March 19, 2014 – Stock Market News Today’s Hot Asset – BMW Stocks in the U.S. look set to open the day trading higher. Investors within the region are eyeing the speech due to be delivered later by the head of the Federal Reserve, Janet Yellen. This will be her first policy statement at the […]
March 19, 2014 – Daily Market News Today’s Hot Assets: GBP, USD, Gold Putin spoke yesterday addressing the Russian parliament. He stated that the referendum in Crimea was legal as it met all democratic standards and more than 90% of Crimeans voted to be part of Russia. He also said that building good relations with […]
Robert Prechter forecasted more than 10 years ago that the War on Drugs would become more violent, leading eventually to the decriminalization of the possession and sale of recreational drugs. The Socionomist followed up in 2009 with an in-depth story by Euan Wilson called “The Coming Collapse of a Modern Prohibition.” We published an update […]
March 19, 2014 – Forex News Hot Asset For Today: GBP/USD EUR/USD The pairing was initially hampered by a disappointing German March ZEW reading but the pair managed a subsequent recovery to end slightly higher on the day as Ukraine tensions eased slightly. The dollar found some support after data revealed that the number of […]
European markets have opened mixed today, ahead of the outcome of Janet Yellen’s first monetary policy meeting as chairperson of the US Federal Reserve due later today wherein the central bank is expected to further scale back its monthly bond purchases programme. Closer home, the Bank of England is set to publish minutes of its […]
March 18, 2014 – Indices News Asian markets are climbing again after better than expected industrial production data from the United States came out. Given America’s importance as a major consumer of Asian goods, any improvement in the US economy is seen as as a potential boon to companies in the far east. Though worries […]
Stocks in Europe were seen trading lower on Tuesday, dragged lower by the developments of the situation Ukraine. While US index futures dropped, while shares in Asia climbed. The European Euro Stoxx 50 dropped 0.49% to 3,034.15 at the time of writing, while the German DAX declined 0.69% to 9.117.49. At the same time the […]
March 18, 2014 – Forex News Hot Asset For Today: EUR/USD EUR/USD Monday’s data gave the euro the upper hand over the dollar by allaying recent expectations that the European Central Bank was poised to loosen policy further, still the dollar saw some demand from investors seeking safe-haven from geopolitical issues, hitting a high of […]
March 18, 2014 – Daily Market News Today’s Hot Assets: EUR, USD, Gold During the referendum on Sunday, 93% of the people in Crimea chose to rejoin Russia. The international community immediately stated that the votes were not legal as they were made under military intervention. As expected, sanctions soon followed. However, they were much […]
March 18, 2014 – Forex News Hot Asset For Today: EUR/USD EUR/USD Monday’s data gave the euro the upper hand over the dollar by allaying recent expectations that the European Central Bank was poised to loosen policy further, still the dollar saw some demand from investors seeking safe-haven from geopolitical issues, hitting a high of […]
March 17, 2014 – Stock Market News Today’s Hot Asset – Vodafone Stocks in the U.S. are currently trading higher, as we head towards the middle stages of the session. Investors have been given just enough confidence to raise the value of equities following the release of positive regional economic data. The situation in Crimea […]
March 17, 2014 – Forex News Hot Asset For Today: EUR/USD The EUR/USD took a hit earlier when inflation data from the Eurozone was lower than expected. This revived fears about deflation int he Euro. However, downward movement for the pair was short lived; Russia has begun selling off its dollar reserves in response to […]
March 17, 2014 – Weekly News WEEKLY REPORT 17/03-21/03 EUR/USD Last week the EUR/USD pair started without any significant movement, moving sideways between 1.3835 and 1.3900. However on Thursday the pair managed to get positive momentum and break through the resistance and climb to its 2 year high – 1.3965. The pair was pushed by […]
European markets have opened marginally lower today. Moving forward, investors would pay close attention to a speech from the Russian President, Vladimir Putin, for further cues. With no domestic macro releases today, investors would focus on the Bank of England Governor, Mark Carney’s speech and economic data from the Eurozone and the US. Related Posts:Behind […]
March 17, 2014 – Commodities Update Gold has been declining since the end of the European session when better than expected US industrial production data game equities a boost – hurting demand for the yellow metal as a safe haven asset. Keep in mind, a lot of the drop is also due to profit taking. […]
March 17, 2014 – Indices News Asian markets are down again despite already facing a massive decline last week. The primary source of downward pressure today is the situation in the Crimea. After the EU and the US rejected the referendum, panicked investors began to search for safer places to park their assets. Also note […]
March 17, 2014 – Daily Market News Today’s Hot Asset: USD Last week, the market was focused on turmoil in Ukraine, signs of a slowdown in China and speculation regarding the Federal Reserve’s effort to scale back monetary stimulus. In addition to these factors the US release some lower than expected data on Friday; the […]
European markets have opened marginally higher. In a noteworthy development, the preliminary results from Crimea’s referendum held over the weekend indicated that over 96% voters expressed their willingness to leave Ukraine and join Russia. Closer home, Rightmove indicated that house prices in the UK increased 1.6% MoM in March, slower than the 3.3% rise reported […]
March 14, 2014 – Indices News Asian markets are continuing downward today as investors remain bearish on the Chinese economy. Recent worse than expected export and industrial production data from the China has revived fears of a weakening situation in Asia, causing the yen to rise as investors use it as a safe haven asset. […]
March 14, 2014 – Daily Market News Today’s Hot Assets: GBP, USD China released another set of bad US data yesterday and this coupled with tension in Ukraine pushed markets lower. Global concerns overshadowed better-than-forecast data in the U.S. and stocks ended with the worst declines in more than five weeks as investors turned to […]
March 14, 2014 – Stock Market News Today’s Hot Asset – Barclays Stocks in Asia traded sharply lower during there last trading session of the week. Investors were extremely concerned about the current state of China’s economy. This news has also been combined with the news that tensions between Russia and Ukraine are rising and […]
March 14, 2014 – Forex News The EUR/USD has dropped amid substantial gains from the dollar later yesterday and today. Once again, tensions in the Crimea have flared, with Russia mobilizing troops and preparing fro an invasion as the EU prepares condemnations an possible sanctions. The situation has escalated to the point where the […]
European markets have opened in the red today, extending their yesterday’s steep losses, as investors remain cautious ahead of the weekend referendum in Crimea on joining Russia. Closer home, investors will keep a close eye on trade balance and the Conference Board’s leading economic indicator data due later in the day. Meanwhile, Eurozone employment change […]
March 13, 2014 – Stock Market News Today’s Hot Asset – Boeing Stocks in Asia traded mixed throughout today’s early trading session. Investors within the region are still very concerned about the state of China’s economy. This doubt amongst investors was reflected in the stock valuations today creating lots of choppy movement. Stocks in the […]
March 13, 2014 – Daily Market News Today’s Hot Assets: USD, JPY Tension in Ukraine continues to affect the markets and sparked some profit taking during yesterday’s US session. Worries over the possible slowdown in the Chinese economy also added to uncertainty. However, stocks finished with little change as investors chose instead to stay on […]
March 13, 2014 – Indices News American markets have fluctuated as investors contemplate the effects of an economic crisis in China and a political crisis in the Crimea. Though some sectors of the market have continued to rise in the wake of better Nonfarm Payrolls data from last week, the aforementioned concerns have kept gains […]
