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Forex Market: GBP/USD daily trading outlook

June 1, 2015 7:10 am
Fridays trade saw GBP/USD within the range of 1.5345 – 1.5234. The pair closed the day 0.16% lower at 1.5291, falling for a sixth straight session and settling the week 1.28% lower. At 07:09 GMT today GBP/USD was down 0.05% for the day to trade at 1.5278. The cross held in a daily range of […] Read more

Equinix Inc share price, to acquire Telecity Group in a £2.35-billion deal

May 29, 2015 10:00 am
Equinix Inc, the largest US data center operator by value, said on Friday it has agreed to acquire UK-based peer Telecity Group Plc in a £2.35-billion cash-and-stock deal that ends Telecitys negotiations to buy Dutch competitor Interxion Holding NV. The latest step of consolidation in the industry in Europe offers Telecity shareholders 1 145 pence […] Read more

Forex Market: USD/CAD daily trading outlook

May 29, 2015 7:17 am
Yesterday’s trade saw USD/CAD within the range of 1.2538 – 1.2420. The pair closed 0.26% lower at 1.2425, snapping four straight sessions of gains. At 7:16 GMT today USD/CAD was up 0.10% for the day to trade at 1.2446. The cross held in a daily range of 1.2411 – 1.2448 and is up 2.2% for […] Read more

Broadcom share price soars, in late stage of Avago takeover negotiations

May 28, 2015 9:46 am
Avago Technologies Ltd, a manufacturer of chips for wireless-communications and corporate-data-storage markets, is in advanced talks of acquiring Broadcom Corp in a $35-billion deal that would help both companies better compete with larger rivals in the industry. The Wall Street Journal first reported the talks on Wednesday, sending Broadcom shares surging more than 20% for […] Read more

Natural gas trading outlook: futures fall for a fourth day before EIA data

May 28, 2015 8:23 am
Natural gas inched down on Thursday ahead of an expected larger-than-average inventory build to be reported by the Energy Information Administration, while temperatures across the US remain mostly comfortable. Natural gas for delivery in July traded 0.49% lower at $2.833 million British thermal units at 07:59 GMT, shifting in a daily range of $2.845-$2.833. The […] Read more

Forex Market: GBP/USD daily trading outlook

May 28, 2015 7:24 am
Yesterday’s trade saw GBP/USD within the range of 1.5439 – 1.5299. The pair closed the day 0.19% lower at 1.5355, falling for a fourth straight session. At 07:23 GMT today GBP/USD was down 0.03% for the day to trade at 1.5353. The cross held in a daily range of 1.5339 – 1.5382 and is down […] Read more

IAG share price up, wins Irish government approval of Aer Lingus acquisition

May 27, 2015 10:35 am
The Irish government backed the sale of the states 25% stake in Aer Lingus to International Consolidated Airlines Group SA, allowing the parent of British Airways and Spains Iberia to formally launch its bid for the Irish carrier. Under the offer, Aer Lingus shareholders will receive €2.55 in cash per Aer Lingus share, comprising a […] Read more

Natural gas trading outlook: futures steady ahead of EIA data

May 27, 2015 8:49 am
Natural gas inched up on Wednesday after tumbling almost 5% the previous two days as weather forecasts continued to call for overall comfortable readings across the US, while a report by the EIA tomorrow is expected to show a slightly larger-than-average inventory build. Natural gas for delivery in July traded 0.60% higher at $2.866 per […] Read more