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Pound Sterling forecasted lower against the US Dollar
Fri, 01 Aug 2014 12:10:16 GMT
 
The Pound is feeling continued pressure with the Dollar reaching higher levels. As the GBP/USD pair broke through both the 1.7 and 1.69 levels the soon due UK manufacturing PMI needs to show >>
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European stocks drop after disappointing Spanish PMI release
Fri, 01 Aug 2014 11:59:12 GMT
 
Spanish Manufacturing PMI dropped to 53.9 from 54.6 in the previous month. Analysts had forecast an increase to 54.7. During the morning, Euro Stoxx 50 decreased 0.72%, CAC 40 lost >>
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Gold futures rise slowly held up by data
Fri, 01 Aug 2014 08:42:10 GMT
 
This Friday gold futures climbed gently. However, as US data revealed a day before supported the greenback, the contract remained close to its lowest value in six weeks. On the >>
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Pound retreats the most in a month since May 2013
Fri, 01 Aug 2014 08:31:10 GMT
 
The Sterling experienced its biggest monthly depreciation versus the Dollar since May 2013 as omens of the growth in the U.S. economy fueled expectations for increased Fed interest rates. The Pound slipped 0.2% to >>
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Loonie hits lowest level in seven weeks
Fri, 01 Aug 2014 08:20:14 GMT
 
Canada's Dollar reached the weakest level in nearly two months following the figures indicating the economy growth is underperforming that of U.S. The Loonie dropped 0.3% to C$1.0930 per U.S. Dollar, the lowest >>
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Brazil's Real falls due to Argentina default
Fri, 01 Aug 2014 08:09:23 GMT
 
Brasil's Real experienced the largest decline among global currencies with Argentina missing a bond payment. The Real saw the largest drop amidst the 16 major currencies as it fell 0.8% against the Greenback to >>
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China's manufacturing expands
Fri, 01 Aug 2014 07:47:17 GMT
 
China's manufacturing gauge increased in July at the fastest pace in nearly two years, showing that economic growth is getting stronger. PMI was at 51.7, exceeding expectations of 51.4, while >>
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US shares tumble as July's gains are erased
Fri, 01 Aug 2014 07:28:31 GMT
 
US stocks plummeted with many factors influencing the move such as poor corporate earnings reports, tensions in Ukraine and worries about a market top. The Dow Jones industrial average dropped 1.9% and the >>
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President of Argentina dismisses S&P default decree
Fri, 01 Aug 2014 07:17:12 GMT
 
Argentina's President Cristina Fernandez de Kirchner opposed the Standard & Poor's default announcement for Argentina, which could be its second one in 13 years. As the bond prices of Argentina plummeted Fernandez said that >>
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Dollar's best month
Thu, 31 Jul 2014 17:10:03 GMT
 
The Greenback made way towards biggest monthly gain against the Euro since February 2013 after signs of the consolidating U.S. economy induced the traders to boost forecasts for higher Fed interest rates. The Dollar >>
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Euro inflation weakened in July
Thu, 31 Jul 2014 16:59:13 GMT
 
Euro-area inflation suddenly decelerated this in July to the lowest in nearly five years, emphasizing the ECB's concerns the economy is too weak to boost price growth. The inflation was 0.4% this month >>
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Treasuries on July loss
Thu, 31 Jul 2014 16:48:13 GMT
 
U.S. treasuries are approaching a second month's loss as investors bet that the Fed will increase interest rates due to economic growth in the U.S. exceeding expectations. The government securities >>
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UK housing price inflation lower on year
Thu, 31 Jul 2014 16:37:09 GMT
 
According to Nationwide the housing prices in July only increased by 0.1% on the month and were lower on the year falling from 11.8% the previous month to 10.6%. The BoE has already >>
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Less unemployed in Germany
Thu, 31 Jul 2014 16:26:11 GMT
 
Subsequent to two months of increasing, the number of unemployed people in Germany decreased by 12,000. Forecasts pointed to a decrease of 5,000 people. During the previous month the number >>
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WTI falls under $100 as US gasoline stockpiles increase
Thu, 31 Jul 2014 16:15:14 GMT
 
The Texas light sweet declined for a forth day in a row due to rising US fuel supplies. With the supplies increasing by 365,000 barrels to 218.2 million the WTI September futures contract >>
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