Market News and Research

Market News and Research

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Cisco agrees to buy BroadSoft for $1.71B
Mon, 23 Oct 2017 16:25:49 GMT
Cisco said on Monday it has struck a deal to acquire BroadSoft for $1.71B, an agreement that is believed to help Cisco diversify its offerings. >>
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Amazon receives 238 applications for its second HQ
Mon, 23 Oct 2017 16:24:29 GMT
On Monday, the world's biggest online shopping company Amazon revealed it has received 238 applications from North American cities and regions willing to host the firm's second HQ. >>
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CB Leading Index for Australia up 0.1% in August
Mon, 23 Oct 2017 14:58:14 GMT
The Conference Board reported that its Leading Economic Index (LEI) for Australia advanced 0.1% to hit the 109.7-point mark over the course of August. >>
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Canada's wholesale sales disappoint in August
Mon, 23 Oct 2017 14:56:58 GMT
According to the data released by Statistics Canada on Monday, the country's wholesale sales were up 0.5% in August, missing analysts' expectations for a 1.1% uptick. >>
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Apple views iPhones as platform for AI in future
Mon, 23 Oct 2017 14:16:53 GMT
The Chief Operating Officer of Apple Inc. Jeff Williams stated on Monday that the tech giant was viewing the its mobile devices as the major artificial intelligence platform in the >>
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Iraqi PM to arrive in Turkey on Wednesday
Mon, 23 Oct 2017 14:07:24 GMT
Iraqi PM Haider al-Abadi is set to arrive to Turkey on Wednesday, as he seeks negotiations over potential joint measures against the Kurdish Government after last month's referendum on independence. >>
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EU antitrust staff probes VW, Daimler in cartel searches
Mon, 23 Oct 2017 13:31:46 GMT
The European Union antitrust officials raided the German carmakers Daimler and Volkswagen on Monday in a widening cartel searches, examining the documents at their headquarters and offices. >>
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NZD/USD tries to breach monthly S2
Mon, 23 Oct 2017 13:15:20 GMT
The New Zealand Dollar managed to recover some lost positions against the Greenback early on Monday and thus return near its mid-Friday level. >>
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Abolishing German air passenger tax to boost economy
Mon, 23 Oct 2017 13:14:07 GMT
According to a PwC study, the abolishing German air travel tax could improve the country's economy by $79B over the following 12 years. >>
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USD/CAD consolidates near 1.2650
Mon, 23 Oct 2017 13:13:01 GMT
Following the release of the Canadian CPI and Core Retail sales at 1230GMT on Friday, the US Dollar continued to push higher up to the monthly R1 at 1.2658. >>
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AUD/USD fluctuates on Monday
Mon, 23 Oct 2017 13:11:41 GMT
The Friday's trading session was dominated by bears, as the rate fell around 68 pips during the given time period. >>
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Yen strengthens in response to elections
Mon, 23 Oct 2017 13:08:53 GMT
The Euro was trading in a minor consolidation phase in the 133.60/90 territory on Friday, thus demonstrating a rather uneventful ending of the week. >>
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Germany approves Thyssenkrupp submarine sale
Mon, 23 Oct 2017 12:25:47 GMT
The government of Germany granted a permission to sell three Thyssenkrupp submarines to Israel in a deal worth around $2B, saying it would also provide a financial support for that >>
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Market Research
Mon, 23 Oct 2017 12:08:57 GMT
In the past week, most of the observed indexes moved in a moderate range between -0.85% and +1.30%, with a notable skew to the upside and five of the >>
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Amazon to open AI research centre in Germany
Mon, 23 Oct 2017 12:04:52 GMT is planning to open an artificial intelligence research centre in Germany's city of Tuebingen, saying this will provide 100 additional jobs in the following five years. >>
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