Market News and Analysis

On Thursday, natural gas edged higher during US morning trading hours, following the release of the data which showed that inventories decreased more than expected. On the NYMEX, April delivery >>

German shares traded up on Thursday, as two-day summit of European leaders began in Brussels today. The DAX Index surged 0.8%, or 64.91 points, to 8,036.42, the highest value since >>

Yesterday the kiwi dropped heavily, slipping beneath the 200-day SMA at 0.8238 and closed the trading session just above the lower Bollinger band at 0.8163. >>

USD/CAD trades in a very narrow channel last three days, as the price is bounded by the 20-day SMA at 1.0258 and the weekly PP at 1.0285. >>

The Aussie faced a big drop yesterday, as it slipped to the weekly PP level at 1.0304 without any reason from a technical analysis perspective. >>

EUR/JPY pair trades in a narrow range, as the price fluctuates between the monthly R1 at 126.16 and the weekly PP at 124.00 for a second week. >>

U.K. stocks traded close to a five-year high on Thursday, as rallying shares of financial and telecommunications groups led to gains in the benchmark index. The FTSE 100 advanced 0.4%, >>

On Thursday, US equity market indices were gaining, following a report that showed declined in weekly jobless claims, which added to the signs of recovery. The S&P 500 grew by >>

On Thursday, copper was gaining, as investors shifted into riskier assets, following an optimistic retail sales data from the US, but the commodity remained under pressure by the strong Dollar. >>

The U.S. labour market showed a positive sign in the week ended on March 9 as the total number of initial claims for unemployment benefits decreased surprisingly in the week, >>

On Thursday, expectations of British inflation grew to the highest for four-and-a-half years. 10-year break-even rate, which is an index that measures inflation expectations, climbed to a level of 3.37%, >>

On Thursday, crude oil was experiencing a two-day long streak of losses, following the announcement of increase in inventories. On the NYMEX, WTI futures for April delivery lost 0.6% and >>

On Thursday, gold was traded lower as data from the US showed signs of economic recovery. On the Comex, April delivery futures of the precious metal were traded at $1,575.00 >>

On Thursday, European equity markets were in green territories, following the release of optimistic US employment data. Euro Stoxx 50 grew up by 1.32% and reached the level of 2,740.50 >>

The Swiss National Bank guaranteed to precede all necessary steps to keep the minimum exchange rate in the limit of CHF 1.2 versus the Euro. The Zurich-based central bank is >>