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Russia's Mail.Ru, partners agree on JV with Alipay
Wed, 09 Oct 2019 13:37:54 GMT
 
On Wednesday, Mail.Ru, the Russian internet company, announced it would form a joint venture with the Alibaba Group's mobile payments arm, Alipay, along with RDIF and other Russian partners. >>
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Alibaba to halt e-cigarette components sales in US
Wed, 09 Oct 2019 11:43:36 GMT
 
On Wednesday, Alibaba, the Chinese e-commerce giant, announced it would stop its e-cigarette components sales in the United States due to regulatory scrutiny and lung disease and deaths reports related >>
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EUR/GBP 1H Chart: Some upside potential could prevail
Wed, 09 Oct 2019 11:22:59 GMT
 
The Euro has been appreciating against the British Pound since the end of September after the EUR/GBP currency pair reversed north from the support level—the Fibonacci 61.80% retracement at 0.8810. >>
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EUR/PLN 1H Chart: Bullish rectangle in sight
Wed, 09 Oct 2019 11:21:47 GMT
 
The EUR/PLN currency pair has been trading within the bullish rectangle pattern since the middle of September. Currently, the pair is testing the lower pattern line located at the 4.3200 >>
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Hong Kong bourse scraps $39B approach for LSE
Wed, 09 Oct 2019 10:55:36 GMT
 
Hong Kong's bourse scrapped its unsolicited $39B approach for the London Stock Exchange Group, as it failed to convince the LSE investors and management to support a deal that could >>
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EUR/USD: US PPI
Wed, 09 Oct 2019 10:54:15 GMT
 
The European Common Currency traded sideways against the US Dollar, following the US PPI data release on Tuesday at 12:30 GMT. The EUR/USD exchange currency rate lost 8 pips or >>
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Gold is above 1,500.00
Wed, 09 Oct 2019 10:22:31 GMT
 
During today's morning, the price for gold re-tested the psychological level at 1,510.00. Note that yellow metal is supported by the 55-, 100- and 200-hour moving averages. Thus, it >>
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USD/JPY might consolidate
Wed, 09 Oct 2019 10:14:48 GMT
 
During Wednesday morning, the USD/JPY currency pair broke the upper boundary of the falling wedge pattern. Given that the pair is squeezed by 55-, 100- and 200-hour moving averages, it >>
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German insulation maker Armacell set up for sale
Wed, 09 Oct 2019 10:11:22 GMT
 
Kirkbi, the Danish family investor, and the buyout group Blackstone are planning to sell Armacell, the German insulation foam producer, in a possible $1.43-$1.65B deal, with Rothschild being selected to >>
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GBP/USD could go downside
Wed, 09 Oct 2019 10:07:53 GMT
 
During today's morning, the GBP/USD exchange rate tried to surpass the 1.2260 level. Note that the rate is pressured by the 55-, 100- and 200-hour moving averages, it is likely that >>
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NZD/USD waits FOMC meeting minutes
Wed, 09 Oct 2019 09:45:36 GMT
 
The New Zealand Dollar depreciated about 34 basis points against the US Dollar on Tuesday. The currency pair tested a support level formed by the lower line of an ascending >>
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Telecom Italia explores data centre business spin-off
Wed, 09 Oct 2019 09:32:59 GMT
 
Telecom Italia, the Italian phone group, is exploring a potential spin-off and initial public offering of its data centre business that could possibly take place next year, Bloomberg announced late >>
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USD/CAD faces support cluster
Wed, 09 Oct 2019 09:21:04 GMT
 
The US Dollar edged lower against the Canadian Dollar on Tuesday. The currency pair declined by about 46 basis points during yesterday's trading session. >>
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EUR/USD remains below 1.1000
Wed, 09 Oct 2019 09:21:02 GMT
 
During Wednesday morning, the EUR/USD currency pair reached the upper boundary of the short-term descending channel at 1.0990. If the given channel holds, a reversal south could occur in the >>
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XAU/USD trades at 1,500.00 mark
Wed, 09 Oct 2019 09:05:18 GMT
 
Yesterday, the price for gold raised to the psychological level at 1,510.00. During Wednesday morning, the XAU/USD exchange rate was testing the given level. >>
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