December 1, 2014 12:19 pm
E.ON SE, Germanys biggest utility by market value, said it would split into two companies, spinning off its fossil fuel and nuclear generation power plants into a new company while turning its attention to renewable energy sources. The new publicly listed company would consist of E.ONs conventional generation, global energy trading, and exploration and production […]
Read moreDecember 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 moreDecember 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 moreDecember 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 moreDecember 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 moreDecember 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 moreDecember 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 moreNovember 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 moreNovember 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 moreNovember 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 […]
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