May 7, 2015 9:50 am
German engineering giant Siemens AG announced on Thursday another workforce reduction to help turn around its power and gas division and other underperforming businesses as second-quarter industrial profit dropped due to low oil prices and volatile economic conditions. Siemens said it plans to cut about 4 500 jobs worldwide, roughly 1% of the global headcount, […]
Read moreMay 7, 2015 8:00 am
Natural gas slid on Thursday, erasing its weekly advance, amid forecasts for widespread mild temperatures across the US and ahead of a government inventory report expected to show a slightly larger than average build. Natural gas for delivery in June slid 0.29% to $2.768 per million British thermal unit by 7:46 GMT, having varied in […]
Read moreMay 7, 2015 6:54 am
Yesterdays trade saw USD/MXN within the range of 15.3669-15.2403. The pair closed at 15.3573, jumping 0.10% on a daily basis and ending two days of losses. At 6:53 GMT today USD/MXN was up 0.10% for the day to trade at 15.3755. The cross held in a daily range of 15.3557 – 15.3759. Fundamentals United States […]
Read moreMay 5, 2015 10:11 am
Cisco Systems Inc has named Chuck Robbins, a 17-year company veteran, as successor to John Chambers atop the network equipment maker, ending Mr. Chambers two-decade reign in the midst of the cloud boom. Mr. Robbins, currently vice president of worldwide operations who has specialized in sales and relationships with business partners, will take the helm […]
Read moreMay 5, 2015 8:27 am
Natural gas fell on Tuesday on forecasts for mild weather across most of the US, following five straight days of gains fueled by a somewhat bullish inventory report last week and projections for a near-average stockpiles build this Thursday. Natural gas for delivery in June traded 0.71% lower at $2.801 per million British thermal units […]
Read moreMay 5, 2015 7:23 am
Yesterday’s trade saw GBP/USD within the range of 1.5176-1.5088. The pair closed at 1.5120, down 0.21% for the day. At 07:22 GMT today GBP/USD was down 0.03% for the day to trade at 1.5115. The cross held in a daily range between 1.5103 and 1.5139. Fundamental view United Kingdom Activity growth in the United Kingdom’s […]
Read moreMay 4, 2015 10:09 am
Australia and New Zealand Banking Group, Australias third-largest lender by market value, said on Monday it intends to sell its car and equipment finance business in order to cut its capital requirements. The unit, which has $6.5 billion worth of outstanding customer loans and represents roughly half of total assets under the broader Esanda arm, […]
Read moreMay 4, 2015 8:32 am
Natural gas fell on Monday, snapping four straight session of gains, as weather forecasts saw no significant changes over the weekend, calling for widespread mild conditions across the US. Natural gas for delivery in June traded 0.72% lower at $2.756 per million British thermal units at 8:10 GMT, shifting in a daily range between $2.776 […]
Read moreMay 4, 2015 6:51 am
Friday’s trade saw USD/MXN within the range of 15.5920-15.3240. The pair closed at 15.5784, jumping 1.50% on a daily basis and settling the week 1.2% higher. At 6:50 GMT today USD/MXN was down 0.21% for the day to trade at 15.5333. The cross held in a daily range of 15.5139 – 15.5919. Fundamentals United States […]
Read moreMay 1, 2015 6:08 am
Yesterday’s trade saw GBP/USD within the range of 1.5492-1.5301. The pair closed at 1.5351, down 0.58% for the day, ending seven consecutive sessions of gains. At 06:07 GMT today GBP/USD was down 0.05% for the day to trade at 1.5345. The cross held in a daily range between 1.5304 and 1.5492. Fundamental view United Kingdom […]
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