May 15, 2013 9:21 am
Today GBP/USD pair increased, right after the release of positive data, concerning the labour market situation in United Kingdom. The pound expanded its positions versus the US dollar, reaching 1.5254 during European trade session. Resistance levels were expected at 1.5331, Tuesday high value, while the pair was to be supported at 1.5099, low value on […]
Read moreMay 15, 2013 8:06 am
After todays announcements of latest companys earnings Sony forecasts operating profit to stay steady till March 2014. Last year Sony reached its highest in 5 years due to the weakening yen which boosted sales. The weak currency made Sonys products more pricely competitive in consumer electronics business. Sonys operating profit this year reached $2.33 billion […]
Read moreMay 15, 2013 7:39 am
During the trading session today USD/JPY cross rose to 4 and half year high, as investors lie in wait for the crucial data from United States, regarding Producer Price Index, Core Producer Price Index, Industrial Production and Treasury International Capital Flows, due to come out today. Alongside these expectations, speculations have appeared about Federal Reserve […]
Read moreMay 15, 2013 7:07 am
According to Royal Dutch Shell, BP, Statoil – three of Europes biggest oil producers, and Platts – the oil-price data collector owned by McGaw Hill Financials Inc., they are being investigated by the European antitrust regulators about potential manipulation of prices. The probe aims at the lack of transparency in the pricing of financial products […]
Read moreMay 14, 2013 3:10 pm
Gold fell during the afternoon european session today after the greenback gained strength following disappointing data from Germany. The ZEW index of German economic sentiment rose to 36,4, up from 36,3 in April, but way below expectations of of 38,3. The index of current conditions fell to 8,9 from 9,2 in April, which is a […]
Read moreMay 14, 2013 3:02 pm
The brittish pound has slided to a two-week low versus US dollar with investors diminishing their United Kingdom currency portfolios in expectation of the inflation report by Bank of England, to be released tomorrow. This over 2% fall of the sterling comes after the GBP/USD May 1 high 1.5606. Bloomberg reported, that Bank of England […]
Read moreMay 14, 2013 1:51 pm
During the trading session earlier today the EUR/USD pair changed slightly with investors, remaining cautious, right after the release of ZEW indicators and industrial production data in the Eurozone. The EUR/USD cross fell to 1.2946, followed by consolidation at the 1.2975 level. The pair was expected to receive support at April 5 low 1.2903 and […]
Read moreMay 14, 2013 1:06 pm
The major economic sentiment indicator for Germany, announced earlier today, has remained at levels, slightly higher during May, compared to the previous month. ZEW Sentiment has increased hardly by 0.1 points to 36.4. This news comes as a surprise, as the economic data for Germany, released today, showed some positivity. It became clear, that the […]
Read moreMay 14, 2013 9:18 am
Tesla is a well known maker of sporty battery operated vehicles and has been put on the spot regarding their first profit in their 10 year history since Tesla went public.The company reported its first quarter profit and their shares went up by 41% so far causing immense euphoria. Despite the companys profit some analysts […]
Read moreMay 14, 2013 7:56 am
A popular quote on wallstreet reveals a time-proven strategy The US market as any, typically has cycles of strength and weakness. The summertime blues is one of them. Many investors advice to stay away from US market seasonal weaknesses but hiding behind bonds or just waiting is not an option for the most of shareholders. […]
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