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Market News and Research

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JD.com reports 47% jump in Q4 revenue
Thu, 02 Mar 2017 12:33:03 GMT
 
Chinese JD.com posted strong quarterly results showing its earnings skyrocketed 47% amid growing demand in their central e-commerce businesses. The income climbed to 80.3B yuan from 54.6B yuan. >>
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British PM claims Brexit bill to pass unamended
Thu, 02 Mar 2017 12:09:58 GMT
 
According to the UK Prime Minister's spokesman, Theresa May stated there should be no changes in the Brexit legislation made by the Parliament, as she needs it unadjusted to launch >>
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XAU/USD 4H Chart: Channel Down
Thu, 02 Mar 2017 11:42:03 GMT
 
The recent movements in the yellow metal's price in accordance with a short term descending channel have done a big favor to the bullion's long term traders. During the move >>
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GBP/NZD 4H Chart: Channel Down
Thu, 02 Mar 2017 11:31:12 GMT
 
The Pound is simultaneously trading in three various channels against the New Zealand Dollar, as the currency exchange rate has been depreciating for the past few weeks. On a large >>
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Deutsche Telekom open to US mobile consolidation
Thu, 02 Mar 2017 11:20:21 GMT
 
The CEO of Deutsche Telekom claimed on Thursday that they would be open to participate in the US mobile sector consolidation with its subsidiary T-mobile on either the buy or >>
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UN's head of tourism claims US risking millions with travel ban
Thu, 02 Mar 2017 11:16:06 GMT
 
The leader of UN's tourism department claimed on Thursday that the United States might be risking millions in tourism revenues by imposing the ban on seven Muslim-majority countries. >>
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USD/JPY attempts to reclaim 114.00
Thu, 02 Mar 2017 11:14:26 GMT
 
US manufacturing activity rose at a stronger-than-expected pace in February, official figures showed on Wednesday. >>
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GBP/USD trades under 1.23
Thu, 02 Mar 2017 11:05:24 GMT
 
British manufacturing activity expanded at the slowest pace since November 2016 last month, a private survey revealed on Wednesday. >>
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Euro remains on course lower
Thu, 02 Mar 2017 10:49:21 GMT
 
The yellow metal continues on its path lower against the US Dollar. Although the fall was expected to be sharper, it seems that the US Dollar is taking its time, >>
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Gold trades near up trend
Thu, 02 Mar 2017 10:49:09 GMT
 
As forecasted before, the yellow metal found support in the uptrend line, which has pushed the commodity price higher since the middle of December. >>
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Bank of Canada leaves its interest rate on hold
Thu, 02 Mar 2017 10:48:55 GMT
 
As markets expected, the Bank of Canada left its key interest rate unchanged at its policy meeting on Wednesday, pointing to significant uncertainties in the Canadian economy. >>
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British manufacturing activity slows in February but remains above 50 point level
Thu, 02 Mar 2017 10:48:47 GMT
 
British manufacturing activity expanded at the slowest pace since November 2016 last month, a private survey revealed on Wednesday. >>
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US manufacturing activity expands more than expected last month
Thu, 02 Mar 2017 10:48:20 GMT
 
US manufacturing activity rose at a stronger-than-expected pace in February, official figures showed on Wednesday. >>
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Gold volatility increases
Thu, 02 Mar 2017 10:47:38 GMT
 
On Thursday the yellow metal traded below the combined resistance cluster of the 50.00% Fibonacci retracement level at 1,248.96 and the weekly PP, which is located at 1,247.55 level. >>
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USD/JPY attempts to reclaim 114.00
Thu, 02 Mar 2017 10:46:32 GMT
 
Expectations of the Fed raising rates in March caused the US Dollar to strengthen against a basket of currencies on Wednesday, particularly against the Yen. >>
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