Market News and Research

Market News and Research

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German unemployment slides 11K in September
Thu, 02 Nov 2017 10:02:31 GMT
The number of unemployed Germans fell 11K in September, exceeding analysts' expectations for a 10K drop, and compared to the prior month's downwardly revised fall of 22K. >>
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XAU/USD gains amid FOMC statement
Thu, 02 Nov 2017 09:46:41 GMT
Anticipation of the new Fed Chair pick led to short-term appreciation of the bullion againstthe buck. >>
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Turkey buys Russia's S-400 air defence missiles for $2B
Thu, 02 Nov 2017 09:24:55 GMT
According to the TASS news outlet, Turkey has bought the advance S-400 air defence missile systems from Russia for more than $2B, raising concerns in the United States. >>
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SoftBank secures $23.3B refinancing for ARM, Sprint buys
Thu, 02 Nov 2017 09:20:46 GMT
SoftBank announced on Thursday it had secured a $23.3B top loan deal to refinance the acquisition loans for the UK chip designer ARM and US telecommunication firm Sprint. >>
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NZD/CHF 1H Chart: Bears likely to prevail
Thu, 02 Nov 2017 09:02:58 GMT
During the past seven weeks, the New Zealand Dollar has been weakening against the Swiss Franc, thus forming a descending channel. >>
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NZD/CAD 1H Chart: Kiwi at crossroads
Thu, 02 Nov 2017 09:01:37 GMT
NZD/CAD is being guided by three patterns, namely, two descending channels and a short-term channel up. >>
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EUR/USD continues to anticipate new Fed Chair
Thu, 02 Nov 2017 08:36:18 GMT
Although there was a release of various fundamental data, the pair did not make any major advances yesterday. >>
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Etihad to halt flights to Dallas-Fort Worth in 2018
Thu, 02 Nov 2017 08:22:08 GMT
On Thursday, Etihad Airways announced that it would end the Dallas-Fort Worth route the next year, following American Airlines' decision to halt a codeshare deal between the two carriers. >>
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XAU/USD forms rising wedge pattern
Thu, 02 Nov 2017 08:11:20 GMT
The Fed Monetary Policy Statement, indicating on the upcoming interest rate hike, led to short-term appreciation of the yellow metal against the buck. >>
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USD/JPY trades in a limbo near 114.00
Thu, 02 Nov 2017 08:09:49 GMT
As the FOMC Meeting did not bring any unexpected news, the surge of the rate was limited. In other words, the pair once was stopped by resistance barrier at the >>
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USD/JPY continues trading sideways near 114.00
Thu, 02 Nov 2017 08:06:45 GMT
The Federal Reserve announced that it kept key interest rates unchanged and pointed to strong US economic expansion and better labour market conditions, as recent hurricanes had only short-term >>
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GBP/USD prepares for BoE decision
Thu, 02 Nov 2017 08:06:11 GMT
In result of release of various American fundamental data, the cable stopped the surge and returned back to the 1.3250 mark, from which it made a rebound in the beginning >>
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GBP/USD plunges to 55-hour SMA
Thu, 02 Nov 2017 08:04:08 GMT
The Sterling touched the new high against the Greenback after the PMI for the UK manufacturing sector was released. >>
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EUR/USD remains undecided after FOMC meeting
Thu, 02 Nov 2017 08:03:59 GMT
Contrary to expectations, none of the yesterday's fundamental events led to notable price movements. >>
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Samsung Electronics appoints Roh as new CFO
Thu, 02 Nov 2017 07:59:23 GMT
Samsung Electronics named Roh Hee-chan as the company's new Chief Financial Officer to replace the ex-CFO Lee Sang-hoon, putting Roh in charge of a $68B corporate cash pile. >>
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