February 21, 2014 – Daily Market News Today’s Hot Assets: USD, GBP, Gold The U.S. stock market finished yesterday in positive numbers. The mood on the market was spurred Markit data which showed that US manufacturing activity index for February stood at 56.7, the highest since May 2010. With the bullish sentiment opened the European stock and […]
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February 21, 2014 – Forex News Hot Asset For Today: GBP/USD The EUR/USD pair fell down yesterday in the morning once the German Manufacturing PMI was released. The index came out below expectation and pushed the pair from 1.3760 to 1.3680 where reversed on its support. The pair tested the support once again later on, despite […]
February 20, 2014 – Indices News The Asian session took a hit today as traders were anticipating the Chinese HSBC Manufacturing PMI report. The report came out worse than expected causing concerns that the economy might not be improving the way traders were expecting. The JPY reinforced after these figures as their currency strengthens after […]
February 21, 2014 – Stock Market News Today’s Hot Assets – Facebook & Caterpillar Stocks in Asia traded sharply higher during their final session of the week. Investors in the region were given a much needed confidence boost after seeing stocks in the U.S. rise the night before. Stocks in Japan lead the region as […]
European markets have opened higher today, tracking overnight gains in US equities. Investors’ sentiment was further boosted after the minutes of the Bank of Japan’s latest policy meeting indicated that monetary easing measures would not be limited to a two-year time frame, if the economy fails to perform as previously anticipated. Closer home, investors would […]
February 19, 2014 – Indices News The Asian session received mixed data today as traders were tracking the BOJ monthly report. The government of Japan described it`s consumer spending as positive, stating that they are in progress to fight deflation. This caused the JPY to rally against USD. As a result stocks dropped causing the […]
February 20, 2014 – Forex News Hot asset for today: EUR/USD Despite the very important Meeting Minutes report the EUR/USD pair did not move significantly. The pair remained between 1.3725 and 1.3765 the whole day. The pair traded around 1.3765 before the FOMC Meeting Minutes report where traders expected some changes to monetary policy with […]
February 20, 2014 – Stock Market News Today’s Hot Asset – Facebook Stocks in Europe are currently trading sharply lower today. Investors are reacting to the negative economic data released in Germany, France and China earlier in the day. This is weighing heavily on market sentiment and causing stocks to slump. There is still some […]
February 20, 2014 – Daily Market News Today’s Hot Assets: USD, JPY, Gold The FOMC Meeting Minutes were released yesterday and stated that they will most likely continue with their current pace of tapering. The minutes were from the Jan. 28-29 policy meeting where the Fed voted to trim its current quantitative easing program to […]
February 20, 2014 – Forex News Hot asset for today: EUR/USD The EUR/USD pair despite very important report which came out did not move significantly. The pair has remained between 1.3725 and 1.3765 the whole day. The pair was traded around 1.3765 before the FOMC Meeting Minutes report where traders expected some changes in the […]
February 20, 2014 – Indices News The Asian session received mixed data today as traders were tracking the BOJ monthly report. The government of Japan described it`s consumer spending as positive, stating that they are in progress to fight deflation. This caused the JPY to rally against USD. As a result stocks dropped causing the […]
European markets have opened lower today, as dismal Chinese manufacturing data, broadly hawkish FOMC minutes and the IMF’s downbeat assessment of emerging economies weighed on market sentiment. Meanwhile, investors await a slew of economic data from the US and European economies due later in the day. Closer home, investors would keep a close eye on […]
February 19, 2014 – Daily Market News Today’s Hot Assets: GBP, USD, Gold US data came out lower than expected once again yesterday. The NY Empire State manufacturing Index was 4.48 instead of the expected 9. The S&P 500 gained 0.12% as investors expect the Federal Reserve to keep the stimulus in place and not […]
February 19, 2014 – Forex News Hot asset for today: GBP/USD The EUR/USD pair increased yesterday above 1.3760 as another U.S. data came out unexpectedly low. The price is now as high as it was in the end of December. The pair reacted to the data before FOMC Meeting Minutes will be released today at […]
European markets have opened lower today, as investors opted to remain on the sidelines before central banks from the US and the UK release minutes of their latest policy meetings. Closer home, investors will also keep a close eye on the release of job data due later in the day to get cues for further […]
February 18, 2014 – Indices News Stocks surged in the Asian market today as traders were watching the speech of Bank of Japan Governor Haruhiko Kuroda for economic clues. The BOJ has decided to double its growth lending program and has stated that individual banks could increase their borrowing levels. In addition, Kuroda made a […]
February 18, 2014 – Stock Market News Today’s Hot Asset – Coca Cola Stocks in the U.S. have opened trading slightly higher during today’s late session. Investors are still managing to find equities appealing following the depreciation of the dollar. This a little surprising, as economic manufacturing data released in New York was actually negative […]
Stocks in Asia were seen trading slightly higher on Tuesday, with shares in Japan rallying before the release of the Bank of Japan (BoJ) monetary policy statement, which is expected to be released later in the day. The Japanese benchmark Nikkei 225 index came in at 1.26% to 14,573.95 at the time of writing, at […]
February 18, 2014 – Daily Market News Today’s Hot Assets: GBP, EUR Due to a public holiday in the US, markets were closed yesterday and stocks remained unchanged. The Dow Jones stood at 16,154.39 and the S&P 500 stood at 1,838.63. During the Asian session the Bank of Japan gave a press conference where they […]
February 18, 2014 – Forex News Hot asset for today: EUR/USD The EUR/USD pair has been moving sideways since yesterday in a flat channel between 1.3690 and 1.3720. Due to the fact that U.S. market did not open after weekend because of the public holidays we did not see any important economic data which would […]
European markets have opened higher today, amid investors’ speculation that today’s Eurozone and German economic sentiment data would be encouraging. Markets also traded higher, taking cues from Japanese stocks, after the Bank of Japan doubled the size of its fund to spur bank lending. Closer home, investors will keenly watch UK inflation data due later […]
February 17, 2014 – Indices News The Asian session had a very good day today as traders turned to stocks after having learned that China`s credit increased to a record in January. Chinese Aggregate Financing, a key measure of Chinese credit, was around 430 billion dollars – assuaging fears from the end of last year […]
February 17, 2014 – Stock Market News Today’s Hot Asset – Coca-Cola Stocks in Europe traded mixed to higher during a quiet session at the beginning to the week. Stocks in the financial sector in the U.K. have been doing particularly well today and this has helped the regional index reach positive figures. Stocks in […]
February 17, 2014 – Forex News Hot asset for today: GBP/USD The EUR/USD pair started the new week very high (above 1.3700) as the U.S. Dollar weakened against most of its peers. The Greenback depreciated due to fears about future tapering. The U.S. market is suffering because of the bad weather which has slowed the […]
February 17, 2014 – Forex News Hot asset for today: GBP/USD The EUR/USD pair started new week very high above 1.3700 as the U.S. Dollar weakened against most of the peers. The Greenback depreciated due to fears about future tapering. The U.S. market suffers because of the bad weather which slowed the economic recovery. Most […]
February 17, 2014 – Daily Market News Today’s Hot Asset: GBP/USD Bad weather in the US continues to slow the economic recovery and to affect data negatively. Mixed data was again released on Friday but a positive consumer sentiment report surprised many investors. After opening lower, stocks regained some ground as investors dismissed other pieces […]
February 17, 2014 – Weekly News WEEKLY REPORT 17/02-21/02 EUR/USD Last week the EUR/USD pair moved sideways first two days between 1.3640 and 1.3680 however once on Wednesday Benoit Coeure (European Central Bank’s member) said that negative interest rates are seriously discussed the pair dropped to 1.3560. However, the sentiment changed almost immediately after and […]
European markets have opened higher today, extending Friday’s gains. Closer home, Rightmove reported that the house price index in the UK climbed 3.3% MoM in February, compared to a 1.0% increase in the previous month. On Sunday, Mark Carney, the Bank of England Governor, commented that the UK central bank would start to increase interest […]
February 14, 2014 – Indices News Asian markets aside from Japan have climbed today on better than expected performance in the healthcare sector. Japan however, is dealing with a stronger yen that is hurting the income that many of its companies receive through exports. All in all, analysts are noting that equity markets will remain […]
