With the start of the session today the sentiment was negative, while markets were pessimistic as the flow of downbeat fundamentals from Asia spread negativity in the market; however, the Chinese manufacturing sector started the optimism in the market today. Furthermore, the European manufacturing sectors improved beyond expectations in January, Read More European Manufacturing Improves, [...]
Top stories: United Utilities, Lloyds’ banking shake-up and Facebook’s IPO Read More Interactive Business Bullet Markets, United Utilities, Lloyds banking shakeup and Facebooks IPO
25 out of 27 EU leaders agreed on the fiscal pact that German Chancellor Angela Merkel has been… For more information, read our latest forex news. Read More European markets edge higher on EU news
Mr Peters said there was little correlation between the PPI and CPI but the weaker-than-expected PPI result was reflective of an overall downward trend in inflation. He said the high value of the Australian dollar was keeping a lid on export prices and … 28 Vote(s) Read More Markets Live Shares drop as uncertainty reigns
Miton’s top fund manager Martin Gray predicts Part Two of financial crisis. Read More Meet the manager who beats the bear markets
U.S. Dollar Trading (USD) the USD gave up gains from the Asian session and weakened by the end of the day as stocks continued to hold up well despite the ongoing EU debt crisis. Little fresh news was released with the markets still waiting on Greece debt deal news and Read More Markets Stabilize Before [...]
U.S. Dollar Trading (USD) even though FX markets were open the important London markets were closed and many stocks markets remained closed. Better than expected Chinese PMI released on Monday saw December PMI upgraded to 50.3 above the 50 expansion level and has helped improve risk appetite. Looking ahead, FOMC Read More Holiday Monday, Markets [...]
2011 was not a kind year for mostly everyone involved in the currency markets. Traders generally depend on fundamental data to dictate directions in the forex market, but the uncertainty in Europe and the floundering global economic recovery were a recipe for daily bouts of volatility that had not been Read More The Winds of [...]
Global asset markets are quiet on this last trading day before New Year. European stocks are 0.3 percent higher, EURUSD is down 0.2 percent, gold spot is up 1.6 percent, WTI crude is unchanged and Spanish & Italian 10-year bond yields are down eight and two basis points respectively. US Read More Quiet Markets as [...]
Holiday trading conditions remain in place as the calendar turns to the last week of the year. Thin market conditions have yielded little volatility, putting the U.S. Dollar in the middle of the pack, while the British Pound outperformed. Read More British Pound Top Performer in Thin Markets
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