November 17, 2014 7:56 am
Friday’s trade saw EUR/NOK within the range of 8.4226-8.4857. The pair closed at 8.4590, losing 0.21% on a daily basis. At 7:53 GMT today EUR/NOK was up 0.14% for the day to trade at 8.4687. The pair touched a daily high at 8.4728 at 7:54 GMT. Fundamentals Euro zone Italian Balance of trade The surplus […]
Read moreNovember 17, 2014 7:21 am
Friday’s trade saw EUR/GBP within the range of 0.7931-0.8003. The pair closed at 0.7992, gaining 0.64% on a daily basis. At 7:17 GMT today EUR/GBP was down 0.17% for the day to trade at 0.7980. The pair touched a daily low at 0.7978 at 6:21 GMT. Fundamentals Euro zone Italian Balance of trade The surplus […]
Read moreNovember 16, 2014 8:58 am
Friday’s trade saw EUR/AUD within the range of 1.4279-1.4356. The pair closed at 1.4318, gaining 0.08% on a daily basis, while losing 0.73% for the whole week. Fundamentals Euro zone Italian Balance of trade The surplus on Italys trade balance probably contracted to EUR 1.5 billion in September, according to market expectations. Nations trade surplus […]
Read moreNovember 15, 2014 9:43 am
Friday’s trade saw EUR/JPY within the range of 144.26-145.88. The pair closed at 145.62, gaining 0.83% on a daily basis and 2.08% for the whole week. Fundamentals Euro zone Italian Balance of trade The surplus on Italys trade balance probably contracted to EUR 1.5 billion in September, according to market expectations. Nations trade surplus rose […]
Read moreNovember 15, 2014 9:26 am
Amazon.com Inc. struck a new multi-year publishing deal with Hachette Book Group over print and digital books, bringing to an end a dispute started in early May. The main problem lied in the disagreement on how e-books should be priced and what part of their revenue should each party involved get. In line with the […]
Read moreNovember 14, 2014 2:12 pm
Alibaba Group Holding Ltd. unveiled its first U.S. bond sale, following a significant stock price increase since its record $25 billion initial public offering. Asia’s largest Internet company will try to raise as much as $8 billion in the upcoming weeks, according to people with knowledge on the matter. An initiative of that size would […]
Read moreNovember 14, 2014 1:38 pm
United Parcel Service Inc. unveiled a five-year plan, including aggressive cost-cutting measures, as the company tries to grasp aspiring growth goals. UPS said the boom in online retailing is an opportunity for the company and not a threat. In line with this view, the company projected full-year earnings per share to range between $4.90 and […]
Read moreNovember 14, 2014 11:31 am
Twitter Inc has received junk rating for its bonds from Standard & Poors as the company faces investor pressure due to slowing user growth and management turnover. The company and its $1.8 billion in convertible notes were rated BB-, three levels below investment grade, by the credit rating agency. S&P also said Twitters financial risk […]
Read moreNovember 14, 2014 10:12 am
Yesterday’s trade saw USD/BRL within the range of 2.5604-2.6092. The pair closed at 2.5890, gaining 0.88% on a daily basis. At 9:51 GMT today USD/BRL was unchanged for the day to trade at 2.5889. The pair touched a daily high at 2.5899 at 7:35 GMT. Fundamentals United States Retail Sales Retail sales in the United […]
Read moreNovember 14, 2014 9:57 am
Airbus Group reported strong performance for the first nine months, but said full-year results could be affected by additional costs related to its A400M military airlifter program. For the recent quarter, Toulouse, France-based Airbus stated net income of €264 million, down 41% from a year earlier, when they stood at €445 million. The company sold […]
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