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Natural gas trading outlook: futures extend losses on milder temperatures

December 1, 2014 11:38 am
Natural gas fell for a third consecutive day, reaching its lowest price in more than two weeks, as forecasts for milder temperatures over the southern and eastern US increased speculations of easing heating demand. Natural gas for delivery in January lost 2.99% to $3.962 per million British thermal units by 11:18 GMT. Prices held in […] Read more

Crude oil trading outlook: futures fall further without OPEC support

December 1, 2014 9:11 am
Brent and West Texas Intermediate extended losses to the lowest in more than five years after OPEC decided against production cuts last week. Downbeat manufacturing data from China and Europe further weighed. January US crude fell by 2.74% on Monday to $64.34 per barrel by 08:34 GMT. Prices held in a daily range between $66.18 […] Read more

Forex Market: USD/CAD daily trading forecast

December 1, 2014 8:50 am
Friday’s trade saw USD/CAD within the range of 1.1327-1.1444. The pair closed at 1.1419, gaining 0.80% on a daily basis. At 8:48 GMT today USD/CAD was down 0.16% for the day to trade at 1.1408. The pair touched a daily low at 1.1405. Fundamentals United States Manufacturing PMI by Markit – final estimate The final […] Read more

Forex Market: EUR/GBP daily trading forecast

December 1, 2014 8:30 am
Friday’s trade saw EUR/GBP within the range of 0.7913-0.7970. The pair closed at 0.7954, gaining 0.41% on a daily basis. At 8:29 GMT today EUR/GBP was down 0.08% for the day to trade at 0.7954. The pair touched a daily low at 0.7952. Fundamentals Euro zone Manufacturing data by Markit Activity in Italys sector of […] Read more

Forex Market: EUR/NOK daily trading forecast

December 1, 2014 7:55 am
Friday’s trade saw EUR/NOK within the range of 8.6199-8.7629. The pair closed at 8.7391, gaining 1.30% on a daily basis. At 7:54 GMT today EUR/NOK was up 0.30% for the day to trade at 8.7556. The pair touched a daily high at 8.7851. Fundamentals Euro zone Manufacturing data by Markit Spanish Manufacturing Purchasing Managers Index […] Read more

Forex Market: EUR/PLN daily trading forecast

December 1, 2014 7:31 am
Friday’s trade saw EUR/PLN within the range of 4.1758-4.1843. The pair closed at 4.1799, gaining 0.10% on a daily basis. At 7:28 GMT today EUR/PLN was up 0.08% for the day to trade at 4.1821. The pair touched a daily high at 4.1825 at 7:32 GMT. Fundamentals Euro zone Manufacturing data by Markit Spanish Manufacturing […] Read more

Forex Market: USD/HKD trading forecast for Monday

November 30, 2014 1:27 pm
Friday’s trade saw USD/HKD within the range of 7.7519-7.7557. The pair closed at 7.7549, gaining 0.03% on a daily basis, while losing 0.04% for the whole week. Fundamentals United States Manufacturing PMI by Markit – final estimate The final estimate of the Manufacturing Purchasing Managers Index probably confirmed the preliminary reading of 54.7 in November, […] Read more

Forex Market: EUR/USD trading forecast for Monday

November 29, 2014 1:42 pm
Friday’s trade saw EUR/USD within the range of 1.2425-1.2492. The pair closed at 1.2452, losing 0.12% on a daily basis, while gaining 0.50% for the whole week. Fundamentals Euro zone Manufacturing data by Markit Spanish Manufacturing Purchasing Managers Index (PMI) probably showed a slight improvement in November, coming in at a reading of 52.7 from […] Read more

ThyssenKrupp share price down, introduces the holy grail of the elevator industry

November 28, 2014 3:30 pm
ThyssenKrupp AG unveiled a design for the worlds first cable-free elevator that utilizes magnets and can move in both horizontal and vertical line. Describing its creation as the “holy grail of the elevator industry”, the German steel and technology conglomerate said the new system would enable multiple elevators to use the same shaft. The implemented […] Read more

Rio Tinto share price up, pledges to deliver increased shareholder returns

November 28, 2014 1:43 pm
Rio Tinto Plc, the world’s second-biggest mining company, has not detoured from its plan to deliver increased dividends, after it rebuffed a takeover offer earlier this year from Glencore. The company, one of the leading iron ore producers, also announced it deferred plans to invest in Australias Silvergrass mine until “at least the third quarter […] Read more