Market News and Research

Market News and Research

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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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Ousted Pakistani PM to face trial in corruption probe
Thu, 02 Nov 2017 07:33:33 GMT
The ousted Pakistani Prime Minister Nawaz Sharif is set to face trial over the corruption allegations, linked to the London properties that his family owns. >>
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Trump urges death penalty for man accused of NY attack
Thu, 02 Nov 2017 07:28:42 GMT
The US President Donald Trump urged for death penalty for an Uzbek man accused of the truck attack in New York that left eight people dead and a dozen injured. >>
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Iraqi forces threaten to renew operations against Kurds
Thu, 02 Nov 2017 06:30:53 GMT
On Wednesday, the Iraqi forces threatened to resume military operations against the Kurds to capture the Kurdish-held territory over delay of handing over Iraqi borders' control. >>
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Australian trade balance surprises markets
Thu, 02 Nov 2017 06:07:37 GMT
The ABS reported on Monday that the Australian trade surplus widened to $1.75B in September, compared to the prior month's $0.87B and topping analysts' expectations for a surge to $1.42B. >>
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EUR/USD: Fed Interest Rate Decision
Thu, 02 Nov 2017 05:57:39 GMT
The Euro fell slightly against the US Dollar, after the Federal Reserve announced its interest rate decision. >>
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GBP/USD: UK Manufacturing PMI
Thu, 02 Nov 2017 05:54:16 GMT
The Sterling touched the new high against the Greenback after the PMI for the UK manufacturing sector was released. >>
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Lenovo posts 11% profit drop in Q2
Thu, 02 Nov 2017 05:29:59 GMT
On Thursday, China's PC maker Lenovo reported an 11% slide in its Q2 profit on supply constraints and difficulties in the personal computer market. >>
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Trump to appoint Powell as next Fed chair on Thursday
Thu, 02 Nov 2017 05:25:49 GMT
The US leader Donald Trump is expected to name Jerome Powell as the next Federal Reserve chair on Thursday's afternoon. >>
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China to diminish product tariffs, step up financing to bolster exports
Thu, 02 Nov 2017 04:31:41 GMT
China is set to cut tariffs imposed on imported consumer goods and increase bank financing aimed to support imports, the Vice Commerce Minister Wang Bingnan said. >>
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