December 9, 2014 8:05 am
Both Brent and West Texas Intermediate fell further and hit new five-year lows as Iraq also offered its crude at a discount in the Asian market, providing additional evidence that OPEC is defending its market share. January US crude fell 0.82% on Tuesday to $62.53 per barrel by 07:51 GMT. Prices held in a daily […]
Read moreDecember 9, 2014 7:46 am
Yesterday’s trade saw GBP/SEK within the range of 11.7425-11.8730. The pair closed at 11.8124, gaining 0.47% on a daily basis. At 7:43 GMT today GBP/SEK was down 0.17% for the day to trade at 11.7912. The pair touched a daily low at 11.7884 at 7:44 GMT. Fundamentals United Kingdom Industrial, manufacturing output Annualized industrial production […]
Read moreDecember 9, 2014 7:33 am
Yesterday’s trade saw USD/TRY within the range of 2.2558-2.2822. The pair closed at 2.2686, gaining 0.39% on a daily basis. At 7:30 GMT today USD/TRY was down 0.10% for the day to trade at 2.2664. The pair touched a daily low at 2.2658 at 7:31 GMT. Fundamentals United States Job Openings and Labor Turnover Survey […]
Read moreDecember 9, 2014 7:21 am
Yesterday’s trade saw EUR/GBP within the range of 0.7835-0.7903. The pair closed at 0.7869, losing 0.37% on a daily basis. At 7:13 GMT today EUR/GBP was up 0.03% for the day to trade at 0.7874. The pair touched a daily high at 0.7882 at 6:20 GMT. Fundamentals Euro zone French balance of trade The deficit […]
Read moreDecember 8, 2014 3:55 pm
Sony Corp was victimized by another hacker attack, this time the hit was aimed at its PlayStation store, which resulted in two hours of downtime. Todays cyber assault follows last months hacking of Sony Pictures Entertainment’s computer network, the outcome of which was the illegal release of several of its films, including Brad Pits Fury […]
Read moreDecember 8, 2014 2:15 pm
Merck & Co Inc, the second-largest US drugmaker, agreed to purchase Cubist Pharmaceuticals Inc, a biotech company, in a $9.5 billion deal. “Cubist is a global leader in antibiotics and has built a strong portfolio of both marketed and late-stage pipeline medicines,” said Mercks CEO Kenneth Frazier. Under the deal Merck will pay $102 per […]
Read moreDecember 8, 2014 12:46 pm
Insurer esure Group PLC, has agreed to acquire the remaining 50%, which it doesnt already own, of Gocompare.com Holdings Ltd, a website for comparing prices of different financial services. “This is a great opportunity for the esure Group to acquire the remaining share of an important and innovative player in the price comparison market at […]
Read moreDecember 8, 2014 10:35 am
Natural gas is back on the losing streak, after a week of four out of five declines, as forecasts predict milder weather over the most US regions. Natural gas for delivery in January fell 1.58% to $3.742 per million British thermal units by 10:15 GMT. Prices held in a daily range between $3.785 and $3.727. […]
Read moreDecember 8, 2014 9:30 am
Gold edged up on Monday, but traded below $1 200 as stronger US non-farm payrolls report landed support to the already robust dollar. Comex gold for delivery in February gained 0.52% to $1 195.4 per troy ounce by 9:09 GMT, having shifted in a daily range of $1 198.7-$1 187.3 an ounce. The precious metal […]
Read moreDecember 8, 2014 8:44 am
Friday’s trade saw USD/CAD within the range of 1.1380-1.1476. The pair closed at 1.1435, gaining 0.46% on a daily basis. At 8:38 GMT today USD/CAD was up 0.10% for the day to trade at 1.1448. The pair touched a daily high at 1.1459. Fundamentals Canada Housing data Housing starts in Canada probably rose to the seasonally […]
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