December 5, 2014 7:49 am
Yesterday’s trade saw EUR/NOK within the range of 8.6205-8.7676. The pair closed at 8.7377, gaining 0.91% on a daily basis. At 7:45 GMT today EUR/NOK was up 0.09% for the day to trade at 8.7424. The pair touched a daily high at 8.7523 at 6:40 GMT. Fundamentals Euro zone Gross Domestic Product – 2nd estimate […]
Read moreDecember 5, 2014 7:33 am
Yesterday’s trade saw EUR/SEK within the range of 9.2514-9.3003. The pair closed at 9.2703, gaining 0.12% on a daily basis. At 7:31 GMT today EUR/SEK was up 0.19% for the day to trade at 9.2768. The pair touched a daily high at 9.2835. Fundamentals Euro zone Gross Domestic Product – 2nd estimate The second GDP […]
Read moreDecember 5, 2014 7:21 am
Yesterday’s trade saw EUR/GBP within the range of 0.7837-0.7924. The pair closed at 0.7899, gaining 0.64% on a daily basis. At 7:18 GMT today EUR/GBP was up 0.16% for the day to trade at 0.7911. The pair touched a daily high at 0.7923. Fundamentals Euro zone Gross Domestic Product – 2nd estimate The second GDP […]
Read moreDecember 5, 2014 7:19 am
Ryanair Holdings, Europes biggest bugged airline, increased its profit expectations again after it reported a 22% jump in passenger numbers. This is the second time the company raises its forecast within a month and the fourth for the year, highly contrasting last year, when Ryanair issued two profit warnings. Since last year when CEO Michael […]
Read moreDecember 4, 2014 2:56 pm
Sony Entertainment Pictures was hacked last month by a group called Guardians of Peace, who brought down the computer network of the PS-maker, illegally released five movie titles and made public sensitive personnel data. Sony criticized the cyber attack, and are now working with the FBI and FireEye, a network security company, to uncover the […]
Read moreDecember 4, 2014 12:57 pm
Best Buy announced the sale of its troubled Chinese unit to a local real estate company as the retailer shifts focus to its core operations within the domestic US market. Best Buy is selling Jiangsu Five Star Appliance to Chinese Zhejiang Jiayuan Real Estate Group as the retailer retreats from the Chinese market due to […]
Read moreDecember 4, 2014 10:44 am
Sky Plc, Britains biggest pay-TV group, announced it has agreed to sell a controlling stake in its online gaming and betting unit to CVC Capital Partners as the company shifts focus to its television division in order to compete better against rival BT. Sky, which also has operations in Italy, Ireland, Australia and Germany, said […]
Read moreDecember 4, 2014 9:41 am
Natural gas slid for a sixth consecutive session and reached a new low as forecasts project milder weather over the majority of the US, with brief cold interruptions. Natural gas for delivery in January lost 0.60% to $3.782 per million British thermal units by 9:25 GMT. Prices held in a daily range between $3.808 and […]
Read moreDecember 4, 2014 8:49 am
Brent and West Texas Intermediate both rose on Thursday, extending gains from yesterday, as US crude reserves slid last week, but upside momentum was limited amid OPEC inaction. January US crude gained 0.76% on Thursday to $67.89 per barrel by 08:05 GMT. Prices held in a daily range between $68.22 and $67.28 a barrel. The […]
Read moreDecember 3, 2014 3:55 pm
Bayerische Motoren Werke AGs Chinese dealerships challenged the German car manufacturers sales target and said it was too optimistic, citing sluggish growth in the worlds biggest vehicle market. Dealers located in China are asking for a bigger cash rebate from BMW, while also claiming that the carmaker has set up a too high sales target, […]
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