March 13, 2014 – Forex News Hot Asset: USD/JPY The EUR/USD has been rising since yesterday when European Central Bank Vice President Benoit Coeure mentioned that he did not think deflation was on the horizon fro the Eurozone. This statement renewed investor confidence in the euro, helping the pair higher. In addition, worse than expected […]
European markets have opened mostly in the green, after Chinese Premier Li Keqiang pledged to provide a stable environment for economic growth. However, data released earlier today indicated a slowdown in the Chinese economy. Closer home, the Royal Institution of Chartered Surveyors has reported that the house price balance in the UK dropped to a […]
March 12, 2013 – Indices News Asian markets have posted the largest decline in five weeks today on concerns about Chinese credit and tension in the Ukraine. The crisis in eastern Europe has caused the yen to surge as investors seek a safe haven asset. This has reduced the overseas income of large Japanese exporters, […]
March 12, 2014 – Stock Market News Today’s Hot Asset – Deutsche Bank Stocks in Europe are currently trading lower, as we head into the second half of today’s session. Investors within the region have had to deal with weak regional economic data and the looming threat of military action in Ukraine. All this negative […]
March 12, 2014 – Daily Market News Today’s Hot Assets: Oil, NZD US stocks fell as commodity shares declined. Investors also continued to monitor the situation in Ukraine. Ukraine’s Interior Minister reported that the country may ready 20,000 people to protect its borders as Russia has almost 19,000 soldiers in Crimea. At the close of […]
March 12, 2014 – Forex News Hot Asset For Today: USD/JPY The main currency pair EUR / USD is at the level of 1.385, making no significant movements in one direction or another. Lack of economic reports creates some conditions for this. Published today will be the Eurozone industrial production figures that are unlikely to […]
Equity markets in Europe head lower at the open Wednesday as persisting worries over slowing growth in China weigh on market sentiment in Asia overnight. Commodities, particularly metals like copper decline sharply on the China concerns – gold however has managed to book gains thanks to its “safe-haven” label as well as core government bonds. […]
European markets have opened in the red, as economic uncertainty in China and persisting worries about the crisis in Ukraine led to a drop in investors’ risk appetite. With no release of major domestic macroeconomic data during the day, investors would focus on Eurozone industrial production data, the US monthly budget statement and news flows […]
March 11, 2014 – Commodities Update Gold is ranging now during the Asian session after climbing late Tuesday. The primary reason for this increase has been the situation in the Ukraine. As equities fell from tension between Russia and the West over Crimean elections, the price of gold rose as investors look ed for a […]
March 11, 2014 – Indices News Asian markets climbed today after solid performance from telecommunications firms. In addition, the Bank of Japan’s decision to keep the stimulus going has also given investors a little more optimism – a much needed sentiment after a substantial drop in Asian equities yesterday. Lastly, People’s Bank of China governor […]
March 11, 2014 – Stock Market News Today’s Hot Asset – HSBC Holdings Stocks in the U.S. have opened for the day trading mixed to higher. Market sentiment is in the process of recovering and this is helping the values of equities rise slightly. Earlier economic data released in China had weighed on equities meaning […]
March 11, 2014 – Daily Market News Today’s Hot Assets: GBP, Oil US stocks turned lower following the negative lead from Asia after China released Exports data which was significantly below expectations and showed the biggest slide since 2009. The figures added to speculation that emerging economies are slowing down. Ongoing tensions in Ukraine also […]
March 11, 2014 – Forex News Hot Asset For Today: GBP/USD Yesterday the pairing declined at the start of the trading session and in turn went sideways for the rest of the trading session. Demand for the euro continued to be underpinned after the European Central Bank left policy unchanged last week, despite the low […]
Upbeat price-action in Asian markets kicked up European stocks early Tuesday although persisting worries over the situation in the Ukraine continue to curb enthusiasm to build risk. US markets pared session losses Monday, gearing up Asian markets for a better session – Asian share markets were punished on Monday so a rebound was somewhat expected. […]
European markets have opened in the green, rebounding from the previous session’s losses triggered by disappointing economic reports from China. However, gains remained capped, amid continued tensions in Ukraine. Closer home, the British Retail Consortium reported that like-for-like retail sales in the UK dropped unexpectedly by 1.0% YoY in February compared to a 3.9% rise […]
March 10, 2014 – Indices News Asian markets went down today despite last week’s better than expected Nonfarm Payrolls data. There are two main sources of blame for this: Firstly, Japanese GDP data and current account data were worse than expected, with GDP growing only 0.2% for the quarter despite expectations of 0.3%. Secondly, Chinese […]
March 10, 2014 – Stock Market News Today’s Hot Asset – Google Stocks in Europe are currently trading lower, as there first session of the week draws to a close. Trading has remained light throughout today’s session allowing stocks to tumble downwards after the gains that followed the NFP figure on Friday. There was a […]
March 10, 2014 – Forex News Hot Asset For Today: USD/JPY The pairing reached to a 30 month high on Friday, after a report from the European Central Bank indicated that banks in the euro area are set to pay back a large portion of its emergency three-year loans shortly. Another factor was the fact […]
Stocks in the Asian region were seen trading lower on Monday, as a string of Japanese economic reports, including Japan’s gross domestic product (GDP) figures and current account data; came in lower than expected. The Japanese benchmark Nikkei 225 index slid 1.01% lower at 15,120.14 points on Monday, while Tokyo’s broader Topix gauge lost 0.76% […]
Equities little changed in European trade, faring better than Asian peers as deal news props up fragile sentiment for now – Iliad shares jumped after Bouygues said it’s in talks to dispose some of its mobile-phone assets to the company. Rolls-Royce meanwhile advanced after Daimler said it will sell its JV stake to the aerospace […]
March 10, 2014 – Daily Market News Today’s Hot Assets: CAD Friday’s Nonfarm Payroll figure came as a nice surprise to the market and revealed that 175,000 jobs were created during the month of February. The bullish data sent stocks rising as it indicated that economic recovery is still on going and bad data seen […]
European markets have opened in the red, tracking losses in Asian markets, following unexpectedly weak Chinese trade data released over the weekend and amid rising tensions in Ukraine. Closer home, traders would keep a tab on the Lloyds employment confidence index slated for release later today. Related Posts:Behind the scenes of Wall Street’s rise: the […]
March 7, 2014 – Indices News Asian markets went up today in anticipation of US Nonfarm Payrolls data. Many were expected the US economy to continue recovering, stimulating demand fro Asian goods. However, Chinese equities saw a drop as one of Chinese largest solar cell producers failed to pay the interest in its debt – […]
US nonfarm payrolls for Feb just hit the taper. 175k jobs created by the US economy last month and the unemployment rate edged up 6.7% from 6.6% – the headline jobs generation figure beat market expectations of 149k and the unemployment rate to stay steady. Upward revisions to the month of January and December, 25k […]
March 07, 2014 – Daily Market Analysis Today’s Hot Assets: USD, CAD Today the Nonfarm Payrolls figure will be released from the US which measures the change in the number of newly employed people, excluding the farming industry. A key indicator of economic activity is job creation and so this event is highly anticipated by […]
March 7, 2014 – Stock Market News Today’s Hot Asset – Boeing Stocks in Asia continued to rise throughout the early trading session today. Investors within the region focused their attention towards stocks rather than forex, as they await the key data due to be released in the U.S. later in the day. Stocks in […]
European markets have opened lower today, as investors cautiously await US non-farm payrolls data due later today to get further cues on the strength of the labour market in the world’s largest economy. Closer home, the consumer price inflation expectations slated for release later in the day would garner market attention.” Related Posts:Market Comment – […]
Stocks in Europe traded higher on Thursday as the market are focusing on the ECB meeting and BoE’s rate decision, with both meeting taking place later in the day. Futures for the European Euro Stoxx 50 traded 0.08% higher at 3,138.50, while Germany’s DAX futures rose 0.08% higher at 9,556.80. At the same time the […]
March 6, 2014 – Daily Market News Today’s Hot Assets: GBP, EUR, USD US data came out negative once again yesterday. The ADP Nonfarm Employment Change and the ISM Non- Manufacturing PMI both disappointed the market. The situation in Ukraine remains on the radar but as it has calmed down markets are not reacting too […]
March 6, 2014 – Indices News American markets were mostly unchanged yesterday despite worse than expected employment data. On Tuesday, equities began to rebound after the crisis in the Ukraine died down. Thus, US markets were under both upward and downward pressure from different sources, and consequently did not move substantially. Today, we may see […]
