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Market News and Analysis
Precious Metals
Tue, 19 Mar 2013 08:33:10 GMT
Precious metals were mixed on Monday amid broadly weaker US Dollar and
safe-haven demand after Cyprus said it would levy bank deposit taxes.
Meanwhile, market players remained cautious ahead of >>
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U.S. home builder sentiment down in March
Tue, 19 Mar 2013 08:22:07 GMT
Sentiment among home builders in the world's largest economy slipped to the lowest level in five months, as supply chains concerns and rising costs weighed on enthusiasm. >>
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Palladium sagged 1.61% ahead of Fed policy meeting
Tue, 19 Mar 2013 08:11:06 GMT
Precious metals were mixed on Monday amid broadly weaker US Dollar and safe-haven demand after Cyprus said it would levy bank deposit taxes. Meanwhile, market players remained cautious ahead of >>
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Eurozone trade balance negative in January
Tue, 19 Mar 2013 08:00:07 GMT
The 17-nation bloc posted a trade deficit in the first month of 2013, the European Union's statistics office Eurostat said Monday. >>
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Dow drops from its record high as credit risk gauge rallies
Tue, 19 Mar 2013 07:49:11 GMT
Most U.S. blue chips declined on Monday, as a gauge tracking U.S. corporate credit risk climbed the most in almost a month as decision to impose tax levy on Cypriot >>
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Yen depreciates on stocks rally
Tue, 19 Mar 2013 07:38:08 GMT
The Japanese Yen dropped by 0.4% to 95.60 per the U.S. Dollar and slipped by 0.4% to 123.85 per Euro by the midday Tokyo trading session on Tuesday. The Japanese >>
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U.S. shares down on Monday amid tax levy for Cyprus
Tue, 19 Mar 2013 07:27:13 GMT
U.S. equities declined on Monday on a tax levy imposed by the Eurozone's policy makers on customer deposits held in Cypriot banks. The decision raised concerns over the area's debt >>
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Press Review: Asia & Pacific
Tue, 19 Mar 2013 07:16:04 GMT
India's central bank reduced its key interest rates by a quarter point for the second time this year, as widely expected by economists. >>
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USD/CHF retests the weekly PP
Tue, 19 Mar 2013 07:05:53 GMT
After a bearish drop to the 20-day SMA last week, the price found strong bullish sentiments and started to regain lost positions. >>
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USD/JPY rises above the weekly PP
Tue, 19 Mar 2013 07:05:31 GMT
After news from Cyprus investors reduced their risk exposure and purchased "safe haven" assets. >>
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GBP/USD faces consolidation
Tue, 19 Mar 2013 07:05:13 GMT
The British Pound faced very low volatility during a trading session on Monday, as the price fluctuated only in a 70 pips range. >>
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EUR/USD breaches the 200-day SMA
Tue, 19 Mar 2013 07:04:55 GMT
EUR/USD continues to appreciate and moves towards the upper part of the gap. >>
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Press Review: USA & Canada
Tue, 19 Mar 2013 07:02:05 GMT
The Federal Reserve will use its policy meeting next week to try to convince investors that it has no intention of slowing down or ending its ultra-loose monetary policy anytime >>
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Press Review: Europe
Tue, 19 Mar 2013 06:51:10 GMT
Finance ministers from the eurozone have asked Cyprus to reduce the burden on small investors from a proposed levy on savings, linked to a bailout. >>
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DAX Index
Mon, 18 Mar 2013 18:05:11 GMT
European equities slumped on Monday amid decision made by European
policy makers on the bailout plan for Cyprus. Investors raised concerns
over the Eurozone's economy after announcement on the tax >>
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