Market News and Analysis
DAX Index
Thu, 28 Feb 2013 18:16:02 GMT
German equities extended their gains for a second straight day, yet heading the DAX benchmark index to its first monthly drop since May 2012 after Mario Draghi, ECB President, pledged >>
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FTSE 100 Index
Thu, 28 Feb 2013 18:05:01 GMT
U.K. stocks advanced, heading towards a ninth straight monthly gain on speculation the President of ECB Mario Draghi and Fed's Governor Ben S. Bernanke would continue the stimulus activity to >>
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Hang Seng Index
Thu, 28 Feb 2013 17:54:02 GMT
Hong Kong equities extended their gains for a second straight day, with the Hang Seng index posting its biggest increase in two months, as U.S. economic data added to bullish >>
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Nikkei 225 Index
Thu, 28 Feb 2013 17:43:03 GMT
Japanese equities advanced, with the Nikkei 225 Stock Average snapping its longest monthly gaining streak since 2006 after Haruhio Kuroda, the President of Asian Development Bank, was nominated by Shinzo >>
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Dow Jones Industrial Average
Thu, 28 Feb 2013 17:32:03 GMT
The Wall Street was green on Wednesday, as better-than-forecast data on U.S. housing bolstered bullish sentiment in stocks and European stocks edged higher, as Italian bond auction reached its maximum >>
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S&P 500 Index
Thu, 28 Feb 2013 17:21:02 GMT
U.S. stocks extended their gains for a second straight day on Wednesday after Ben Bernanke, the Chairman of Federal Reserve, assured his strong support for growth-boosting activities and U.S. housing >>
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Gold reached the biggest monthly drop since May
Thu, 28 Feb 2013 16:50:10 GMT
Bullion posted the biggest fall since May and the longest period of plummets since 1997, as improving economy boosted up demand for gold as a safe asset. Supply of spot >>
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Demand for unemployment claims in U.S decreased in the week ending Feb 23
Thu, 28 Feb 2013 16:39:30 GMT
Demand of U.S citizens for unemployment claims dropped by 22,000 in the week ending February 23, reaching seasonally adjusted figure of 344,000. The 4-week moving average was 355,000, showing 6,750 >>
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NZD/USD bounces from 200-day SMA
Thu, 28 Feb 2013 16:29:47 GMT
Pair dipped to 200-day SMA where it received a bullish impetus which helped it to close with minimal losses slightly above monthly S2 yesterday and allowed it to test 100-day >>
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USD/CAD peaks above 1.03
Thu, 28 Feb 2013 16:29:39 GMT
Pair has been trying to breach 1.03 for few days now, but every time has rebounded to 1.025 area. >>
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AUD/USD touched 1.029
Thu, 28 Feb 2013 16:29:30 GMT
Pair received a bullish impetus from 1.018 yesterday an managed to inch up to 1.029, but weekly PP/20-day SMA were too tough of a challenge and pair is back at >>
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EUR/JPY becoming range bound
Thu, 28 Feb 2013 16:29:21 GMT
Past 3 days lets to believe that pair might be range bound (118.8-121.8) and for the time being it seems that such situation might continue all the way till the >>
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Evening Trade Pattern Ideas
Thu, 28 Feb 2013 14:58:37 GMT
Dukascopy Trade Pattern Ideas for AUD/NZD (Channel Up) , EUR/AUD (Channel Down), USD/CHF (Channel Up), EUR/GBP (Ascending Triangle) till 16:30 GMT. >>
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Brian Davis, Professor of Finance at Pennsylvania State University, on Fed's monetary policy
Thu, 28 Feb 2013 14:21:26 GMT
That is very possible and that seems to be where probably the majority of the finance community comes down on it. I would say that my stance on this is >>
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Hong Kong stocks rise on positive U.S. economic data
Thu, 28 Feb 2013 14:14:03 GMT
Hong Kong equities extended their gains for a second straight day, with the Hang Seng index posting its biggest increase in two months, as U.S. economic data added to bullish >>
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