June 10, 2015 7:05 am
Yesterday’s trade saw GBP/USD within the range of 1.5391 – 1.5256. The pair closed 0.23% higher at 1.5386. At 07:04 GMT today GBP/USD was up 0.13% for the day to trade at 1.5405. The cross held in a daily range between 1.5369 and 1.5434 and is up 0.9% for the week, having fallen by a […]
Read moreJune 9, 2015 10:25 am
HSBC Holdings Plc announced on Tuesday it will axe as many as 50 000 jobs as part of a global overhaul as it seeks to lean its structure and boost its sluggish performance. About half of the headcount reduction will come from selling the businesses in Brazil and Turkey, the lender said, while the rest […]
Read moreJune 9, 2015 8:33 am
Natural gas was little changed on Tuesday following Mondays sharp gains as investors weighed moderately stronger natural gas demand for cooling across many US regions against a series of larger-than-average inventory builds that would extend current surpluses. Natural gas for delivery in July traded 0.11% lower at $2.702 per million British thermal units 08:13 GMT, […]
Read moreJune 9, 2015 7:25 am
Yesterday’s trade saw GBP/USD within the range of 1.5365 – 1.5219. The pair closed 0.57% higher at 1.5350. At 07:24 GMT today GBP/USD was down 0.30% for the day to trade at 1.5303. The cross held in a daily range between 1.5297 and 1.5375 and is up 0.2% for the week, having fallen by a […]
Read moreJune 8, 2015 10:08 am
Shares in Deutsche Bank AG jumped as much as 8% in early European trading on Monday after the lenders co-Chief Executive Officers Anshu Jain and Jürgen Fitschen announced their resignations on Sunday and will be succeeded by former UBS CFO John Cryan. The top management shuffle at Deutsche comes only a month after the announcement […]
Read moreJune 8, 2015 8:33 am
Natural gas gained in early European trading on Monday following a third weekly decline last week as warm weather across many regions of the US spurred stronger cooling demand. However, a certain level of uncertainty of how the weather trend will develop in the second half of June, coupled with a lined-up series of larger-than-average […]
Read moreJune 8, 2015 7:16 am
Fridays trade saw EUR/CAD within the range of 1.4127 – 1.3808. The pair closed at 1.3824, plunging 1.62% on a daily basis, or the first loss during the trading week, trimming its weekly advance to 1.1%. At 7:16 GMT today EUR/CAD was up 0.32% for the day to trade at 1.3870. The pair held in […]
Read moreJune 5, 2015 10:34 am
Vodafone Group Plc confirmed on Friday it has held talks with Europes largest cable operator Liberty Global Plc regarding a possible exchange of “selected” assets. This sent Vodafone shares falling after rising 2% in earlier trade on speculations that the two companies were looking at a full-scale merger. However, the worlds second-biggest mobile operator dismissed […]
Read moreJune 5, 2015 9:00 am
Natural gas rose slightly on Friday after falling the previous two days as the Energy Information Administration reported a record weekly build for last week, while the weather outlook for the second half of June remained unclear. Natural gas for delivery in July traded 0.46% higher at $2.638 per million British thermal units at 08:45 […]
Read moreJune 5, 2015 8:03 am
Yesterday’s trade saw EUR/USD within the range of 1.1381 – 1.1225. The pair slid 0.32% to close at 1.1239. At 08:01 GMT today EUR/USD was up 0.32% for the day to trade at 1.1275. The cross held in a daily range of 1.1180 – 1.1280 and is up 2.6% for the week so far, having […]
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