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Wall Street ends higher even with utilities faltering
Tue, 05 Aug 2014 07:53:17 GMT
 
The US shares finished higher on Monday as a late surge led by Berkshire Hathaway and followed by gains in most sectors allowed the S&P 500 recover from last week's >>
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Aussie slips as China services stagnate
Tue, 05 Aug 2014 07:42:43 GMT
 
The Aussie weakened for the first time in two days after the reports showed the activity of Chinese services stagnated first in many years. The Australian Dollar depreciated against all but one of >>
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USD/CHF stable on positive Swiss PMI
Mon, 04 Aug 2014 11:45:13 GMT
 
The Greenback was almost unchanged today versus the Swiss Franc following the issue of the favourable figures from Switzerland and as investors stayed cautious after the release of the U.S. employment report. USD/CHF reached >>
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Pound rises versus the Dollar after Construction PMI
Mon, 04 Aug 2014 11:15:11 GMT
 
Construction PMI dropped from the previous month to 62.4. However, despite the decrease from June's 62.6, the data released managed to surpass its 62.0 forecast. The Sterling rose by 0.07%, >>
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Won hits 4-month high on U.S. job data
Mon, 04 Aug 2014 11:04:11 GMT
 
South Korea's Won appreciated the most in nearly four months as the U.S. economy created fewer jobs in July than anticipated. The Won grew 0.7% to 1,029.75 per Dollar today, >>
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Dollar starts slow after exceptional July
Mon, 04 Aug 2014 10:53:10 GMT
 
The US Dollar had its largest daily fall in almost a month as there were disappointments from both the inflation and employment numbers. The Dollar index fell 0.2% on Friday, >>
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Gold futures rise with the Fed's rate in focus
Mon, 04 Aug 2014 10:42:10 GMT
 
As traders assess the possibility of higher interest rates in the US, gold futures rose on Monday. Due to disappointing unemployment figures, traders are wary that interest rates in the >>
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NZD/USD weakens, investors cautious
Mon, 04 Aug 2014 10:31:12 GMT
 
The New Zealand Dollar depreciated versus its U.S. peer today, as investors remained prudent following the release of unfavourable U.S. jobs figures on Friday. NZD/USD reached 0.8503 in the afternoon Asian trade, dropping >>
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Portugal reports €4.9 billion Espirito Santo bailout
Mon, 04 Aug 2014 10:20:11 GMT
 
Bank of Portugal has taken control of Banco Espirito Santo SA by bailing it out with 4.9 billion euros, which will cause the junior bondholders to take a loss. The Portugese central >>
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Joblessness drops in Spain
Mon, 04 Aug 2014 09:23:14 GMT
 
The fourth largest economy in the Euro zone, Spain, released today the figures regarding unemployment change. The data showed that the number of jobless people dropped by 29,841 in July. >>
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Aussie steady against the US Dollar after data
Mon, 04 Aug 2014 09:12:20 GMT
 
Following the release concerning the growth in Australian retail sales the Aussie held steady against the greenback. The data released showed that retail sales climbed by 0.6% in June, surpassing >>
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China central bank plans no further monetary easing
Mon, 04 Aug 2014 09:01:48 GMT
 
The PboC stated that the country's credit and money supply have grown quickly and notified it will abstain from further monetary easing to back up the economy. The IMF said last week China's >>
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China's non-manufacturing PMI falls to 6-month low
Mon, 04 Aug 2014 08:50:12 GMT
 
The Chinese PMI for the non-manufacturing sector was 54.2 in July falling from 55 the month prior. However, the general sentiment towards the economy is still positive as the number indicates further expansion >>
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U.K. currency falls as economic data disappoints
Mon, 04 Aug 2014 08:39:13 GMT
 
The Sterling depreciated for the fourth week in a row versus the Greenback as U.K. economic figures from the manufacturing production to the consumer confidence were lower than anticipated. The Pound slipped >>
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Shared currency near eight-month low as short bets climb
Mon, 04 Aug 2014 07:04:11 GMT
 
The Euro was 0.4% from its weakest level against the Greenback since November after the investors held the biggest position anticipating the fall in the currency ahead of the ECB meeting this week. >>
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