November 28, 2014 7:23 am
Yesterday’s trade saw EUR/GBP within the range of 0.7906-0.7943. The pair closed at 0.7920, gaining 0.04% on a daily basis. At 7:22 GMT today EUR/GBP was up 0.07% for the day to trade at 0.7927. The pair touched a daily high at 0.7928. Fundamentals Euro zone Consumer Spending in France Consumer spending in France probably […]
Read moreNovember 27, 2014 3:54 pm
Rio Tinto Plc, the world’s second-biggest mining company, approved a $350-million expansion of a diamond mine in Canada, outlining the companys confidence in future growth of demand for the gemstones. The move shows reinvigorated interest in the Diavik mine. Rio Tinto tried to dispose of the unit, but abandoned the plan last year after it […]
Read moreNovember 27, 2014 2:23 pm
Toyota Motor Corp said it has launched a global vehicle recall in order to change the potentially dangerous air bags produced by Takata Corp. The Japanese car manufacturer said it would pull back around 57 000 vehicles equipped with Takata-made airbags, as safety issues related to ruptured air bag inflators are far from over. Since […]
Read moreNovember 27, 2014 12:38 pm
SABMiller and Coca-Cola are teaming up to create the biggest bottling operator in Africa in order to get a better grasp on the continents beverage market. SABMiller, the worlds second-largest brewer by volume, has previously shown interest in Africa and described it as the most promising long-term growth market. Should the deal be completed, SABMiller […]
Read moreNovember 27, 2014 10:42 am
Gold fell in quiet trade on Thursday as assets in the top bullion exchange-traded fund fell to a new six-year low and investors awaited the results from the Swiss referendum on Sunday. Comex gold for delivery in February fell by $2.8 to $1 194.7 per troy ounce by 10:30 GMT, having shifted in a daily […]
Read moreNovember 27, 2014 9:19 am
Brent and West Texas Intermediate extended their declines into a fourth day to reach fresh four-year lows as a production cut agreement at OPECs meeting in Vienna seemed unlikely. January US crude fell by $1.47 on Thursday to $72.22 per barrel by 09:01 GMT. Prices held in a daily range between $73.56 and $71.89 a […]
Read moreNovember 27, 2014 8:23 am
Yesterday’s trade saw USD/CAD within the range of 1.1228-1.1297. The pair closed at 1.1245, losing 0.10% on a daily basis. At 8:21 GMT today USD/CAD was up 0.02% for the day to trade at 1.1246. The pair touched a daily high at 1.1269. Fundamentals Canada The deficit on Canadian current account probably shrank to CAD […]
Read moreNovember 27, 2014 8:04 am
Yesterday’s trade saw EUR/CAD within the range of 1.4019-1.4088. The pair closed at 1.4063, gaining 0.17% on a daily basis. At 7:59 GMT today EUR/CAD was up 0.08% for the day to trade at 1.4072. The pair touched a daily high at 1.4090. Fundamentals Euro zone German unemployment The number of the unemployed people in […]
Read moreNovember 27, 2014 7:41 am
Yesterday’s trade saw EUR/USD within the range of 1.2443-1.2531. The pair closed at 1.2506, gaining 0.26% on a daily basis. At 7:39 GMT today EUR/USD was down 0.07% for the day to trade at 1.2513. The pair touched a daily high at 1.2523. Fundamentals Euro zone Spanish Gross Domestic Product – final estimate The final […]
Read moreNovember 27, 2014 7:26 am
Yesterday’s trade saw EUR/GBP within the range of 0.7897-0.7949. The pair closed at 0.7916, losing 0.30% on a daily basis. At 7:24 GMT today EUR/GBP was unchanged for the day to trade at 0.7916. The pair touched a daily low at 0.7915. Fundamentals Euro zone Spanish Gross Domestic Product – final estimate The final estimate […]
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