Market News and Research




Market News and Research

Starbucks Q4 sales fall short of expectations, profit increases
Fri, 24 Jan 2014 07:50:04 GMT
 
Starbucks Corp., the biggest coffee-shop chain in the world, posted a rise in sales for the last quarter of the previous year, but the total revenue did not reach the >>
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Credit card spending in New Zealand rises in December
Fri, 24 Jan 2014 07:39:12 GMT
 
New Zealand economy shows active signs of improving, as spending using credit cards increases, which is a good indicator for measuring consumer sentiment in the country. In December of 2013 >>
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German credit rating approved at AAA
Fri, 24 Jan 2014 06:55:05 GMT
 
The sovereign credit rating of Germany was confirmed by one of the main rating agencies Fitch, keeping the rating at AAA level and maintaining a stable outlook. Experts from Fitch >>
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U.S. shares drop on China's manufacturing data
Thu, 23 Jan 2014 15:48:04 GMT
 
U.S. shares dropped, making it the first decline for the benchmark Standard & Poor's 500 Index in three days, as China's manufacturing data disappointed. The S&P 500 retreated 0.8% to >>
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NZD/USD confined between 100-day SMA and monthly R1
Thu, 23 Jan 2014 15:37:03 GMT
 
NZD/USD is struggling to cross the resistance at 0.8324/09, which consists of the weekly PP and the monthly R1. If this supply zone is ultimately overcome, 0.8383/74 is likely to >>
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USD/CAD closes above key resistance
Thu, 23 Jan 2014 15:36:56 GMT
 
Despite the presence of the tough resistance represented by the 2009 Sep high and the rising trend-line, USD/CAD effortlessly spiked through 1.10 and stopped only near the weekly R3 at >>
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AUD/USD contained by 0.8895/45
Thu, 23 Jan 2014 15:36:49 GMT
 
As it turned out in the end, the bullish impetus AUD/USD exhibited yesterday proved to be unable to pierce through the resistance created by the August low and the weekly >>
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EUR/JPY retreats from weekly R1
Thu, 23 Jan 2014 15:36:42 GMT
 
While yesterday the Euro continued to steadily appreciate relative to the Yen, today's trading session was associated with much more volatility and indecision. >>
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U.K. shares retreat after major company stocks decline
Thu, 23 Jan 2014 15:08:04 GMT
 
U.K. shares retreated as investors speculated on importance of manufacturing report that indicated on contraction in China and increase in the Eurozone. The FTSE 100 Index slipped 0.1% to 6,819.15 >>
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WTI trades around highest level in three weeks ahead of U.S. supplies
Thu, 23 Jan 2014 14:46:05 GMT
 
West Texas Intermediate crude almost reached its highest level in almost a month ahead of weekly U.S. supply data on signs that the economy among developed countries is gaining momentum. >>
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Evening Press Review
Thu, 23 Jan 2014 14:35:03 GMT
 
Stay informed about the latest news on the economy, politics, FX by reading our press review with top videos and comments from world's leading financial bloggers. >>
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Sterling rises to highest level in more than two years
Thu, 23 Jan 2014 14:24:04 GMT
 
The British currency advanced to the highest level in approximately two and a half years versus the U.S. Dollar on speculation that Bank of England officials will increase interest rates >>
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Euro gains most in three months after manufacturing data
Thu, 23 Jan 2014 14:13:03 GMT
 
Eurozone's currency rose the most in approximately three months versus the greenback as region's manufacturing expanded to the highest level in almost three years. The 18-nation currency added 0.6% to >>
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EUR/JPY 1H Chart: Triangle
Thu, 23 Jan 2014 14:02:28 GMT
 
After touching 145.69 right before the New Year, the single currency began loosing some of its value against the Japanese Yen. Since January 16 the pair has been trading in >>
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GBP/USD 1H Chart: Channel Up
Thu, 23 Jan 2014 14:02:17 GMT
 
The cable received a strong bullish impetus from the U.K. labour market data and on the back of positive news the pair soared above key level of 1.66. Despite a >>
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