December 23, 2014 8:36 am
Gold edged up on Tuesday, trimming overnight losses, but remained near its latest three-week low as weak oil prices, a robust dollar and rallying global equities capped the precious metals gains. Comex gold for delivery in February gained 0.16% to $1 181.7 per troy ounce by 08:18 GMT, having shifted in a daily range of […]
Read moreDecember 22, 2014 3:51 pm
Denmarks high-quality consumer electronics manufacturer Bang & Olufsen A/S projected lower full-year 2014/2015 earnings due to supply-chain issues. B&O said that ramp-up issues in its production had higher-than-expected negative impact on new product releases, costs and profit margins. It now expects an operating loss for the full-year, compared to its previous guidance of positive earnings […]
Read moreDecember 22, 2014 1:06 pm
Home improvement group Kingfisher Plc announced on Monday it had agreed to sell a controlling 70% stake in its unprofitable B&Q China business for £140 million. The all-cash deal with Wumei Holdings marks the end of a nine-month search for a domestic partner by the UK company. The agreement is subject to regulatory approval by […]
Read moreDecember 22, 2014 11:10 am
Friday’s trade saw EUR/NZD within the range of 1.5738-1.5841. The pair closed at 1.5778, losing 0.30% on a daily basis. At 11:04 GMT today EUR/NZD was up 0.04% for the day to trade at 1.5801. The pair broke the first key daily resistance level and touched a daily high at 1.5862 at 7:55 GMT. Fundamentals […]
Read moreDecember 22, 2014 10:44 am
Transfield Services Ltd fell nearly 18% in Sydney after the Spanish infrastructure group Ferrovial announced it has ceased negotiations with the Australian outsourcing and infrastructure services company. In its latest attempt for a takeover, Ferrovial offered a sweetened A$2 per share for Transfield. However, the board of the Australian company said the price “still does […]
Read moreDecember 22, 2014 9:10 am
Natural gas fell on Monday, extending declines to a third day, on projections of milder weather over the eastern US and the West Coast during the week. On the New York Mercantile Exchange, natural gas for delivery in January declined by 3.93% to $3.328 per million British thermal units by 8:43 GMT, having shifted in […]
Read moreDecember 22, 2014 9:06 am
Friday’s trade saw NZD/USD within the range of 0.7736-0.7796. The pair closed at 0.7741, losing 0.20% on a daily basis. At 9:05 GMT today NZD/USD was up 0.18% for the day to trade at 0.7752. The pair touched a daily high at 0.7754. Fundamentals New Zealand Trade Balance The deficit on New Zealands balance of […]
Read moreDecember 22, 2014 8:25 am
Friday’s trade saw EUR/USD within the range of 1.2220-1.2302. The pair closed at 1.2226, losing 0.49% on a daily basis. At 8:13 GMT today EUR/USD was up 0.30% for the day to trade at 1.2258. The pair touched a daily high at 1.2268. Fundamentals Euro zone Consumer Confidence Confidence among consumers in the Euro area […]
Read moreDecember 22, 2014 8:05 am
Gold started the week with a slight increase on Monday, after the precious metal ended two weeks of gains as Fed officials confirmed they will raise interest rates in 2015. Comex gold for delivery in February gained 0.37% to $1 200.4 per troy ounce by 07:48 GMT, having shifted in a daily range of $1 […]
Read moreDecember 22, 2014 7:56 am
Friday’s trade saw EUR/GBP within the range of 0.7812-0.7858. The pair closed at 0.7822, losing 0.20% on a daily basis. At 7:48 GMT today EUR/GBP was up 0.19% for the day to trade at 0.7833. The pair touched a daily high at 0.7839. Fundamentals Euro zone Consumer Confidence Confidence among consumers in the Euro area […]
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