Market News and Research






Market News and Research

BoE upgraded growth forecast
Fri, 17 May 2013 05:56:03 GMT
 
The Bank of England has upgraded its growth forecast on Thursday, as the economy is showing signs of recovery. Moreover, the BoE has lowered its inflation outlook for the first >>
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U.S. jobless claims soared to highest in six weeks
Fri, 17 May 2013 05:45:05 GMT
 
The number of Americans filing new claims for unemployment benefits rose more than initially was expected last week, suggesting the slowdown in economic growth is prompting an increase in firings, >>
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Eurozone inflation reached 3-year low
Fri, 17 May 2013 05:34:34 GMT
 
Consumer prices hike in the 17-nation economy has slowed to the lowest level in more than three years, as fuel and telecommunications costs dropped substantially, the EU statistics office, Eurostat >>
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DAX inches lower on Thursday
Thu, 16 May 2013 17:44:04 GMT
 
German shares were little changed on Thursday as U.S. housing starts dropped more than expected and claims for unemployment benefits increased. The German DAX Index was 0.25 points lower at >>
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Footsie slightly lower on Thursday
Thu, 16 May 2013 17:33:04 GMT
 
U.K. shares stayed little changed on Thursday, after the benchmark gauge touched the highest level in almost six years and posted its longest winning-streak in nearly four years. The FTSE >>
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Hang Seng posts the first weekly drop in one month
Thu, 16 May 2013 17:22:06 GMT
 
Hong Kong equities inched lower to post a weekly loss for the first time in four weeks on weak earnings results from Parkson. However, the Hang Seng Index finished 0.2% >>
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NZD/USD puts more pressure onto 0.8177/61
Thu, 16 May 2013 17:11:53 GMT
 
NZD/USD rebounded from the demand zone formed by the March low and weekly S1, but bearish pressure was renewed, cutting the price down to 0.8177/61. >>
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USD/CAD bounces off 1.0178/68
Thu, 16 May 2013 17:11:41 GMT
 
"We have Canada's dollar attempting to rally back, though the truth of the matter is, negative data for the U.S. ultimately is negative for Canada."- Bank of Nova Scotia (based >>
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AUD/USD unable to breach 0.9861/39
Thu, 16 May 2013 17:11:15 GMT
 
AUD/USD has come under 0.9861/39 and fell down to 0.9796, but only for a short period, quickly recovering back above the 2011 Dec low, which preserves topicality. >>
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EUR/JPY stays above 131.18
Thu, 16 May 2013 17:11:04 GMT
 
While yesterday the currency pair moved closer to the rising support line at 131.18, today it demonstrates absence of any momentum, trading in a very narrow range. >>
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Nikkei retreats as declining bank shares offset positive GDP data
Thu, 16 May 2013 17:03:06 GMT
 
Japanese equities retreated on Wednesday, as a decline in Japanese bank shares after lowering their earnings forecasts redeemed a report that showed Japanese economy expanded more than expected. The nation's >>
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Dow increases on hopes for more stimulus
Thu, 16 May 2013 16:52:05 GMT
 
Most U.S. blue advanced on Wednesday as the nation's industrial production plunged unexpectedly in April, showing that American manufacturers would not contribute to boosting the economy. The Dow Jones Industrial >>
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U.S. shares extend gains on Wednesday
Thu, 16 May 2013 16:41:07 GMT
 
Wall Street traded in the green on Wednesday as weak data on the U.S. manufacturing sparked bets that the Fed will continue stimulus activities. In addition, a report conducted by >>
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Dukascopy Aggregate Technical Indicator Afternoon
Thu, 16 May 2013 15:10:04 GMT
 
Dukascopy Aggregate Technical Indicator for 30 min and 1H time frame charts for major pairs for the last 144 periods till 15:00 GMT. >>
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Evening Press Review
Thu, 16 May 2013 14:57:05 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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