May 21, 2013 8:06 am
British pound showed a slight change in positions against US dollar, right before the official report, regarding Consumer Price Index (CPI) in the United Kingdom. Economists expect a slow down in inflation rate. British currency regained strength after almost six week low versus US dollar yesterday, after news of rising asking prices of UK houses […]
Read moreMay 21, 2013 7:55 am
The job uncertainty in UK seems to be raising as people feel more pressure at work due to job cuts and diminished control over jobs according to national survey of employees. Both, public and private sector workers are increasingly worried about their jobs, 52% of them are concerned about job status loss. However the biggest […]
Read moreMay 21, 2013 7:16 am
Gold tracked WTIs upward momentum after the Japanese economy minister made a statement that a further weakening of the yen might harm growth. This led to an increased demand for the Asian nations currency and weakened the dollar, thus increasing precious metals price. The U.S. dollar tends to trade in an inverse relation to dollar-priced […]
Read moreMay 21, 2013 7:01 am
S&P 500 Index slightly declined by 0.1% yesterday after reaching a 0.3 climb earlier. Dow Jones Industrial average is down 0.1%. Procter & Gamble Co. and Coca-Cola dropped by 1.2% as consumer goods companies declined. Health-care shares lost 0.6%, not significantly considering sector rose by 22% this year. Yahoo Inc. gained 0.2% share price as […]
Read moreMay 20, 2013 12:57 pm
US dollar retreated against the Japanese yen during the late European session, with Japanese Economy Minister, Akira Amari, took a statement that national currency was at satisfactory levels. The pair traded at four and a half year high, but reduced positions to 102.55. The Japanese currency was supported after the announcement of Japans Economy Minister, […]
Read moreMay 20, 2013 10:44 am
Soybean prices are climbing to an eight-week high following concerns over slower than usual soy crop planting. As of last week only 6% of the U.S. crop was planted, well below the 43% planted in the same week last year, according to the U.S. Department of Agriculture. Soybeans futures for July delivery rose 0,2% on […]
Read moreMay 20, 2013 9:03 am
It was reported earlier that Italys Industrial Orders registered a rise by 1.6% during March, compared to preceding month, which turned out to be for the first time for the last five months. Foreign orders increased by 3.6% monthly, while domestic ones rose by seasonally adjusted 0.2%. Official data showed that Industrial Orders declined by […]
Read moreMay 20, 2013 8:49 am
Tumblr is a blogging site and social network company founded in 2007 by its current CEO David Karp. The site employs around 175 people. Millions of blogs and billions of post are the main resource the company offers to its users, accompanied by a strong mobile platform. So far, the company has been unable to […]
Read moreMay 20, 2013 7:57 am
Dow Jones Industrial Index recorded a new record high to 15354.40, an increase of 0.8%. This is a third record high in last four sessions. The last minute raise in shares helped the index to overcome recent share loss in price. The other average also hit a record high. S&P 500 reached price of 1667.47 […]
Read moreMay 20, 2013 7:46 am
Natural gas futures hit a two-week high on Friday, May 17, following forecasts of above the average temperatures during the next two weeks in the central parts of the United States. When warm weather is expected, natural gas surges as increased electricity demand to power air-conditioning calls for more supply of the fuel, which is […]
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