July 2, 2015 10:12 am
The US Department of Justice filed a lawsuit on Wednesday to block Swedens Electrolux AB from buying General Electrics appliances division for $3.3 billion, citing worries of weaker competition. The European company agreed to buy the unit last year in a mutually beneficial deal as Electrolux seeks to expand its foothold in the US market […]
Read moreJuly 2, 2015 8:40 am
Natural gas rose in early European trading on Thursday as investors braced for what is expected to be a smaller-than-average US inventory build. However, gains are likely to be capped as overnight changes to mid-term forecasts called for a cooler, more comfortable pattern to set up over much of the US in mid-July. Natural gas […]
Read moreJuly 2, 2015 7:27 am
Yesterday’s trade saw EUR/USD within the range of 1.1171 – 1.1033 to close 0.91% lower at 1.1037. At 07:25 GMT today EUR/USD was up 0.03% for the day to trade at 1.1056. The pair held in a daily range of 1.1033 – 1.1086 and is down 1% for the week so far following a 1.7% […]
Read moreJuly 1, 2015 9:59 am
Toyota Motor Corp announced on Wednesday it has accepted the resignation of Julie Hamp, its first female managing officer, following her arrest in Japan two weeks ago on suspicion of illegally importing a prescription drug from the US. Ms. Hamp, who in April was appointed as chief communications officer as part of Toyotas push to […]
Read moreJuly 1, 2015 8:30 am
Natural gas fell in early European trading on Wednesday after two days of gains as investors weighed an expected bullish inventory report by the EIA on Thursday against diverging conditions across different regions of the US, spurring overall moderate cooling demand. Natural gas for delivery in August traded 1.02% lower at $2.803 per million British […]
Read moreJuly 1, 2015 7:20 am
Yesterday’s trade saw GBP/USD within the range of 1.5778 – 1.5690 to settle 0.2% lower at 1.5710. At 07:19 GMT today GBP/USD was down 0.06% to trade at 1.5701. The cross held in a daily range of 1.5676 – 1.5716 and is down 0.8% for the week so far. Fundamentals United Kingdom Activity in Britain’s […]
Read moreJune 30, 2015 10:08 am
Japans Sony Corp announced on Tuesday plans to raise ¥440 billion ($3.6 billion) via a convertible bond offering and its first public stock issuance in 26 years to bolster capacity in promising growth areas. The electronics company said it expects to raise ¥322 billion through the share offering, capitalizing on the over 100% year-on-year rally […]
Read moreJune 30, 2015 8:34 am
Natural gas shifted between gains and losses on Tuesday, following up on a volatile session on Monday, as weather forecasts continued to call for diverging conditions across different parts of the US, while data for the second week of July remained inconclusive. Natural gas for delivery in July traded 0.36% lower at $2.795 per million […]
Read moreJune 30, 2015 7:18 am
Yesterdays trade saw GBP/USD within the range of 1.5789 – 1.5664 to settle 0.3% higher at 1.5738. At 07:17 GMT today GBP/USD was down 0.17% to trade at 1.5709. The cross held in a daily range of 1.5720 – 1.5740 and is down 0.3% for the week so far. Fundamentals United Kingdom The final estimate […]
Read moreJune 29, 2015 9:57 am
Fridays trade saw GBP/USD within the range of 1.5768 – 1.5706 to settle 0.03% higher at 1.5752, closing the week 0.8% lower following a combined 4% jump during the previous two weeks. At 09:57 GMT today GBP/USD was down 0.32% to trade at 1.5699. The cross held in a daily range of 1.5665 – 1.5739. […]
Read more