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Market News and Research

China's leading index added 0.8% last month
Tue, 22 May 2012 08:30:43 GMT
 
China's leading index expanded by 0.8% to 232.4 in April, indicating the same pace of growth as in March, reported New York Conference Board. The data suggests that the country >>
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Gold continued to rally as Euro Zone's concerns eased
Tue, 22 May 2012 08:19:42 GMT
 
Gold extended previous gains in Asian session on Tuesday as concerns over Greek exit from the single currency union eased. At G8 summit leaders of eighth largest economies stated that >>
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Press Review: Asia & Pacific
Tue, 22 May 2012 08:08:41 GMT
 
Temasek Holdings Pte, Singapore's state-owned investment company, said it expects the markets to enter a "period of stress" for the next one to two years amid the European debt crisis, >>
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Press Review: USA
Tue, 22 May 2012 07:57:42 GMT
 
By April 30, fewer than 165,000 people had applied to have their foreclosures checked for mistakes — about 4 percent of the 4.1 million who received letters about the free >>
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Press Review: Europe
Tue, 22 May 2012 07:46:40 GMT
 
European officials have made mistakes in their dealings with Greece. The austerity measures were too harsh. They shouldn't have been nearly so brutal, and that lesson has been learnt. Now >>
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USD/CHF to recommence advancing
Tue, 22 May 2012 07:36:04 GMT
 
USD/CHF seems to have terminated its bearish correction, which has stopped ahead of an initial support located at 0.9359. In case of an unlikely scenario when the currency pair breaches >>
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USD/JPY is aiming for 77.04/76.94
Tue, 22 May 2012 07:32:51 GMT
 
USD/JPY is currently attempting to recover from 78.87 (200 day SMA), although the gains should remain tepid, being that the pair is closing in to a downtrend resistance, which has >>
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GBP/USD to breach 1.5785
Tue, 22 May 2012 07:13:42 GMT
 
Support at 1.5785 has repeatedly repelled GBP/USD, which is expected to erode the level eventually, as the CAble has recently bounced off a formidable resistance at 1.6111 and is headed >>
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Crude oil soared on China's growth perspectives
Tue, 22 May 2012 06:48:44 GMT
 
Crude oil rose during Asian session on Tuesday after Wen Jiabao, China's Premier, urged the country to implement more easing measures to stimulate growth. China is the world's second oil >>
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EUR/USD to trade flat
Tue, 22 May 2012 06:37:54 GMT
 
Pullback of EUR/USD did not last for long, as the pair has only rallied up to 1.2818, where it was halted by a resistance. For the time being the currency >>
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Construction increased by 12.4% in the Euro Zone in March
Mon, 21 May 2012 20:35:41 GMT
 
Construction in March, compared to February, increased by 12.4% in the Euro Zone and by 11.8% amid the member states. In comparison to the same month last year the construction >>
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S&P 500 is going towards biggest gain in months time
Mon, 21 May 2012 20:24:41 GMT
 
S&P 500 gained around 1.2% today, the most since the end of April. Out of 10 groups included in the index, commodity, technology and industrial companies gained the most. Apple >>
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Oil rose for the first time in a week
Mon, 21 May 2012 20:13:46 GMT
 
Oil futures rebounded from the lowest level in half a year and increased by up to 1.3% today. June futures, expiring tomorrow, increased by approximately 1% today after closing at the >>
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NZD/USD to remain under bearish pressure
Mon, 21 May 2012 20:03:39 GMT
 
The bearish bias for the pair persists as investors anticipate further appreciation of the US dollar in relation to the New Zealand dollar. However, if the pair attempts to initiate >>
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USD/CAD might commit a correction
Mon, 21 May 2012 19:52:41 GMT
 
The pair managed to hold near this year high (1.0200), though to continue bullish movement, the pair has to breach the 1.0252 level—January 16 High. In case of a breakthrough >>
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