Market News and Analysis
Japan's land prices tumbled in 2012
Tue, 26 Mar 2013 08:01:17 GMT
Average land price in Japan dropped at a slower pace for the third year in the 12 months to January, as demand was spurred by record low interest rates and >>
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Britain to implement more austerity
Tue, 26 Mar 2013 08:00:33 GMT
On Friday, Chancellor of the Exchequer, George Osborne, unveiled tough Budget despite fears of another recession. >>
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U.S. national debt has little impact on economy
Tue, 26 Mar 2013 07:59:53 GMT
Earlier this month, Paul Ryan, who is a chairman of the House Budget Committee, claimed that the enormous national debt is weighing on the economy, however, economic data on labour >>
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German business mood worsened
Tue, 26 Mar 2013 07:58:57 GMT
Falling confidence among investors in Europe's largest economy reflects nation's vulnerability to the problems afflicting the bloc's southernmost nations. >>
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DAX Index
Mon, 25 Mar 2013 17:19:10 GMT
German equities posted losses as shares of European banks and utilities declined. Cyprus gained a 10 billion-euro bailout funding after accepting a precondition to shrink its banking system. The DAX >>
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FTSE 100 Index
Mon, 25 Mar 2013 17:08:16 GMT
U.K. equities climbed the most in more than a week after the Eurozone's policy makers agreed on a rescue package for Cyprus and Vodafone Group Plc. rallied amid report saying >>
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Hang Seng Index
Mon, 25 Mar 2013 16:57:17 GMT
Hong Kong shares rose on Monday, as the EU and Cyprus policy makers reached a bailout deal, thus reducing the risk of Cyprus unprecedented default. The Hang Seng Index advanced >>
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Nikkei 225 Index
Mon, 25 Mar 2013 16:47:08 GMT
Japanese equities advanced, as Cyprus policy makers agreed to the outlines of a bailout. The Nikkei 225 rose 1.7%, or 207.93 points, to 12,546.46, registering its highest value since September >>
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Market Research: EUR
Mon, 25 Mar 2013 16:36:43 GMT
The past five trading days were characterised by significant shifts in ebbs and flows in demand and supply for the Euro amid lack of certainty with respect to the fate >>
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NZD/USD takes a pause above 0.8338/31
Mon, 25 Mar 2013 16:36:28 GMT
Previously resistance area at 0.8338/31 proved to be unable to contain upward impetus of the price, meaning that NZD/USD has opened a path towards a rising trend-line at 0.8404. >>
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USD/CAD touched upon 1.0214
Mon, 25 Mar 2013 16:36:14 GMT
This currency pair is slowly approaching the up-trend support line that has been keeping the positive outlook since the beginning of the year. >>
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AUD/USD is headed towards 1.0502/1.0491
Mon, 25 Mar 2013 16:35:53 GMT
As expected, a dearth of notable resistances in the way of the currency pair above the cluster at 1.0403/1.0387, which consists of the 100 and 200-day SMAs, has led to >>
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EUR/JPY batters 122.44/121.78
Mon, 25 Mar 2013 16:35:44 GMT
EUR/USD constantly fails to escape the tight trading range, which was created after several attempts to breach through a formidable support area at 122.44/121.78. >>
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Dow Jones Industrial Average
Mon, 25 Mar 2013 16:30:08 GMT
U.S. blue chips surged on Friday on rising hopes Cyprus parliament will
approve a plan to pass necessary conditions for receiving a bailout. The
Dow Jones advanced 0.6%, or 90.54 >>
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S&P 500 Index
Mon, 25 Mar 2013 16:19:10 GMT
U.S. equities gained on Friday, yet posting the second weekly decline in 2013 for the S&P 500 Index, as optimism on Cyprus' ability to come up with a bailout plan >>
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