May 23, 2013 12:20 pm
4 companies to watch Hewlett-Packard Co. share price is supposed to be fluctuating on the market today. The company reported a sharp drop in second quarter earnings but still beat analyst expectations. Sears Holdings Corp. is reported to record a loss of $0.60 per share in the first quarter according to consensus survey by FactSet. […]
Read moreMay 23, 2013 10:23 am
US dollar shorted positions against the Swiss franc during Thursday trade session, as focus was moving to crucial economic data from US, expected later today. USD/CHF pair fell to 0.9634 during European trade session, lowest value since May 16th, then jumped off to 0.9648. The cross was expected to receive support at 0.9578, May 16th […]
Read moreMay 23, 2013 10:02 am
Ben Broadbent, a member of the Bank of Englands Monetary Policy Committee, stated that Japans monetary policy was a big experiment, which could lead to market volatility. “Japan, of course, is in the midst of what amounts to a big monetary experiment, so I think we should see the volatility in equity markets and indeed […]
Read moreMay 23, 2013 8:55 am
GBP/USD pair reached session high versus US dollar during Thursday trade, after official GDP data from United Kingdom. The cross hit 1.5076 during European trade session, highest for today, after which consolidated at levels around 1.5070. Support was expected at 1.5012, lowest value for current session, while the pair was to meet resistance at 1.5100. […]
Read moreMay 23, 2013 8:24 am
USD/JPY pair decreased in value during Thursday trade session, as Japanese bond yields reached one year highs and data showed that China’s manufacturing sector shrank for the first time in seven months during May. The pair fell to 101.42 during Asian session, which was lowest value since May 14th, after which recorded certain gains, increasing […]
Read moreMay 23, 2013 7:41 am
The UK main index FTSE 100 climbed 36.4 points or 0.5 percent to 6,840.27 adding to the 16 percent raise since the beginning of the year. UK stocks went up on Fed Chairman Ben Bernankes testimony that economy is not quite ready for a tightening monetary policy and that would endanger its stability. Analysts fear […]
Read moreMay 22, 2013 4:16 pm
The euro registered a sharp jump against US dollar during early American session, reaching 1.2998, highest value for todays trade, after which lost gained positions, falling down to 1.2862. Major reason was FED Chairman Ben Bernankes testimony earlier today, as he remarked FED could not tighten easing policy yet. EUR/USD was expected to receive support […]
Read moreMay 22, 2013 2:29 pm
Natural gas declined for the first time since four days today after investors decided to cash out and secure gains after the fuel reached a three-week high earlier today. Still, increased demand continues to apply upward pressure on gas price due to the hot weather forecasts in the central parts of the U.S., which shot […]
Read moreMay 22, 2013 12:46 pm
EUR/CHF pair advanced to two-year high during Wednesday trade session, after Swiss National Bank (SNB) Chairman Thomas Jordan announced that SNB would stick to EUR/CHF cap at 1.2000 and the possibility of negative interest rates if that was necessary. The pair hit 1.2614 during afternoon session in Europe, which was highest value since May 20th […]
Read moreMay 22, 2013 10:01 am
Copper and Silver gained today following shifting expectations about the outcome of Ben Bernankes testimony at the U.S. Joint Economic Committee. The minutes of Feds May meeting are also scheduled to be released later in the day. Silver went up 0,6% on the day and traded at $22.59 on the Comex division of the New […]
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