Wall Street rebounds as Pfizer reports earnings

Source: Reuters
U.S. shares closed higher on Tuesday session after pharmaceutical company Pfizer reported favourable earnings report bringing optimism on markets as the benchmark index Dow Jones fell for five straight session. The Standard & Poor's 500 Index added 0.61% to 1,792.50, the Dow Jones industrial average gained 0.57% to 15,928.56 and the Nasdaq Composite Index surged 0.35% to 4,097.96.

Back to articles

Actual Topics

Wed, 29 Jan 2014 09:34:06 GMT

Greenback rises as Turkish central bank raises rates

The U.S. Dollar advanced on Wednesday session rising against the Euro and the Japanese Yen after the Turkish national bank hiked its interest rates in a dramatic fashion easing concerns over less liquidity on emerging markets. The so-called Greenback added 0.4% to 103.34 yen after falling to the lowest level in seven weeks at 101.77, while it gained 0.1% to

Wed, 29 Jan 2014 09:04:03 GMT

Turkish central bank raises rates in dramatic fashion

Turkey's national bank decided to increase all of its benchmark interest rates at an emergency policy meeting yesterday despite an opposition of the Prime Minister Tayyip Erdogan defending the country's weak currency. The Turkish central bank raised lending rate in dramatic fashion from 7.75% to a level of 12%, while the one-week repo rate was increased from 4.5% to 10%.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.