News

Note: This section contains information in English only.
Thu, 14 Feb 2013 11:08:04 GMT

Wheat jumps despite easing US crop concerns

Farm commodities were divided on Wednesday, with sugar and wheat moving higher and coffee and corn declining. Broadly stronger greenback and expectations that upcoming USDA report will show a drop in grains exports pushed the commodity complex lower. Wheat ended on the positive note on hopes for better demand for US exports. Iraq and Bangladesh are seeking to buy 50,000

Thu, 14 Feb 2013 10:46:03 GMT

Crude oil bearish after EIA report, OPEC demand outlook raise

Energy futures were mixed on Wednesday after bullish EIA crude oil inventory report. Sending energy futures higher, the OPEC hiked its global demand outlook for 2013 by 100,000 barrels per day. However, strong US Dollar created notable pressure on the commodity group. Crude oil retreated despite much smaller-than-expected increase in the US crude oil stockpiles last week. The EIA reported

Thu, 14 Feb 2013 10:24:04 GMT

Aluminum jumps on brighter demand perspectives

Industrial metals were mixed on Wednesday, balancing between positive economic data releases from the EU and US and increased caution ahead of a G20 meeting due later in the week. Lack of China's demand also weighed. China's markets are closed this week for Chinese New Year holiday. Moreover, elevated LME inventories added pressure on base metals. Aluminum was the top-performer after

Thu, 14 Feb 2013 10:02:05 GMT

Gold retreated ahead of G20 meeting

Precious metals apart from platinum were bearish on Wednesday as investors turned to safe-haven assets such as the US Dollar ahead of a G20 meeting scheduled later in the week. At the same time, positive data from the EU and US provided support for the commodity complex. Gold slid despite upbeat industrial production data from Germany and positive US retail

Thu, 14 Feb 2013 09:05:03 GMT

The Pound falls on BOE inflation report

The Pound weakened for a third consecutive day versus the Euro, falling toward the lowest level in 15 months as the Bank of England Governor Mervyn King said the nation's growth is likely to be slow with a lot of challenges ahead. The Sterling fell 0.7% to 86.51 pence per Euro after sliding to 87.17 pence February 1, the lowest

Thu, 14 Feb 2013 08:54:03 GMT

Asian stocks rise on BOJ decision to keep stimulus unchaged

Asian shares rose as the Bank of Japan kept its asset-buying programme unchanged. The MSCI Asia Pacific Index gained as much as 0.3% to 135.65 at 2:09 p.m. in Hong Kong, poised for the highest close in 18 months. Japan's Nikkei 225 Stock Average added 0.5% and Hong Kong's Hang Seng Index advanced 0.9%, while Australia's S&P/ASX 200 Index climbed

Thu, 14 Feb 2013 08:43:03 GMT

Won strengthens as central bank kept key rate unchanged

The South Korean Won advanced as the nation's central bank kept the key interest rate unchanged and ahead of G20 meeting at which officials will discuss currency devaluations. The Won rose as much as 0.2% to 1,084.80 per U.S. Dollar in early trading hours in Seoul after earlier climbing to 1,084.27, close to the highest level since February 6.

Thu, 14 Feb 2013 08:32:03 GMT

Kiwi strengthens to 2.5-year high versus Aussie on PMI data

The New Zealand Dollar strengthened to 2.5-year high versus the Australian counterpart as manufacturing activity increased last month, increasing chances the RBNZ will raise its key interest rate. The kiwi advanced as much as 0.4% to NZ$1.2219 per Aussie as of 4:46 p.m. in Sydney, after rising to NZ$1.2197, the strongest since July 2010.

Wed, 13 Feb 2013 13:34:24 GMT

Industrial production advanced 0.7% in euro area

According to assessment published by the statistical office of the EU, industrial production in the Euro area (EA17) advanced 0.7% and climbed by 0.5% in the EU27 in December 2012, in comparison with November 2012, when production declined by 0.7% and 0.6% respectively. Making comparison with 2011, in 2012 the average production index fell 2.1% in the EU27 and 2.4%

Wed, 13 Feb 2013 12:11:03 GMT

European equity little changed ahead macro data

The Euro Stoxx 50 futures were little changed at 2,646 points in the beginning of London trading session on Wednesday. Market was calm ahead a Euro-area industrial sector output data, which according to economists should increase by 0.2% from November. Also, Barack Obama, the U.S. President, pledged to expand trade with Europe.

Wed, 13 Feb 2013 11:49:03 GMT

Copper price increases on speculation that usage will increase

Copper futures with settlement in three months were higher by 0.2% to $8,250.75 a metric tone on London Metal Exchange on Tuesday trading session. Commodity investors speculate on signs that recovery in the U.S. and China will boost demand for copper and adsorb current oversupply. Stockpiles of copper were in the highest level since May 2011.

Wed, 13 Feb 2013 11:38:05 GMT

Rubber gains on oil rally

Rubber futures for March settlement were higher by 0.6% to 333.6 Yen per kilogram or $3.585 a metric tone during Asian trading session on Wednesday. Rubber has increased 9.8% this year. Rubber futures gain for a second session as surge in oil prices raised appeal for the alternative commodity, which could be used to make tires.

Wed, 13 Feb 2013 11:27:04 GMT

Wheat trades close to a seven month low on rainy forecast

Wheat futures for March settlement were little changed and traded at $7.31 per one bushel during Singapore trading session on Wednesday. Yesterday the price slipped to $7.255 level, which is the lowest since June 26, 2012. Market speculates that rain in growing areas will help to crop harvest as the biggest shipper recovers from the worst drought in 80 years.

Wed, 13 Feb 2013 11:16:04 GMT

Canadian currency appreciates from a 2-week low

The Canadian currency, also known as Loonie, was higher by 0.3% to 1.0023 per U.S. Dollar in the end of Toronto trading session on Tuesday. The Loonie appreciated from a two week low as the discount on the nation's crude oil trades comparing with the American gauge was at the lowest level in last three months.

Wed, 13 Feb 2013 11:05:05 GMT

Pound is little changed ahead inflation data

The British Pound was traded at 85.95 pence per Euro and $1.5558 in very early morning of London trading session on Wednesday. The Pound was little changed, as investors wait for the Bank of England announcement on inflation and growth forecast. Economists say that inflation forecast might be pushed up and growth lowered during a press conference today in London.

Wed, 13 Feb 2013 10:54:06 GMT

Slovenian credit rating cut to A-

Slovenian credit rating was cut by Standard & Poor's Corporation to A- with a stable long-term outlook, as announced on a rating agency statement on Tuesday. The downgrade is based on a higher than anticipated debt burden, because of a support for state owned banks. Also, agency observe policies implementation risks to solving economic and fiscal issues and pressures.

Wed, 13 Feb 2013 10:43:04 GMT

Indian equity gains the most in three weeks

The BSE India Sensitive Index, also known as Sensex, was higher by 0.8% to 19,711.35 points in early Indian trading session on Wednesday. The index made the best performance since January 25, 2013. Investors were positive about Tata Motors announcement that Jaguar and Land Rover sales increased by 32%. Also, the central bank releases inflation data tomorrow, which is expected

Wed, 13 Feb 2013 07:57:04 GMT

Oil trades at one-week high, U.S. stockpiles declined for the first time this year

WTI traded near one-week high after a second consecutive day of increase. According to the American Petroleum Institute, U.S. crude stockpiles fell for the first time this year. Crude for March settlement was at $97.60 a barrel, after rising 48 cents to $97.51 a day earlier, the highest close since February 1. Brent for March delivery fell 5 cents to

Wed, 13 Feb 2013 07:43:03 GMT

Asian stocks rise on earnings from Commonwealth Bank of Australia and Leighton Holdings

Asian benchmark index traded at the highest level in 18 months as earning from Leighton Holdings Ltd. And Commonwealth Bank of Australia boosted investors' optimism. The MSCI Asia Pacific Index rose less than 0.1% to 133.49 at 3:23 p.m. in Tokyo. Japan's Nikkei 225 Stock Average fell 1%, while Australia's S&P/ASX 200 Index added 0.9%.

Wed, 13 Feb 2013 07:32:04 GMT

Won rises as Yen rebounds ahead of G20 meeting

The South Korean Won strengthened amid speculation the G20 officials will discuss the Japanese Yen's recent declines, alleviating concerns Korea's policy makers will intervene to weaken the currency in order to support exporters. The Won rose 0.4% to 1,086.35 per U.S. Dollar, with one-month implied volatility falling 30 basis points to 7.85%. 

Wed, 13 Feb 2013 07:21:03 GMT

Aussie rises as consumer confidence at 2-year high

The Australian Dollar advanced versus most major counterparts as consumer confidence rose to the highest level in two years, fanning concerns the RBA will cut its key rate. The Aussie strengthened as much as 0.4% to $1.0343 at 4:52 p.m. in Sydney after trading at $1.0227 yesterday, the weakest level since October 15. The New Zealand Dollar gained 0.2% to

Wed, 13 Feb 2013 07:10:05 GMT

Yen rallied ahead of G20 meeting

Japan's currency strengthened versus all of the major counterparts ahead of G20 meeting at which the Yen's recent drops are expected to be discussed. The Japanese Yen rose as much as 0.6% to 92.94 per U.S. Dollar as of 2:19 p.m. in Tokyo from a day earlier, when it gained 0.9%. Japan's currency added 0.6% to 124.98 per Euro, following

Tue, 12 Feb 2013 15:41:29 GMT

Swiss CPI falls 0.3% in January

Consumer price inflation in Switzerland cooled for the third consecutive month, according to official data released on Tuesday by the Swiss Federal Statistical Office. On a yearly basis consumer prices declined as much as 0.3% in January and were lower 0.3% compared to December's figure. CPI came in line with economists' expectations."The franc remains an overvalued currency, and the floor

Tue, 12 Feb 2013 11:30:04 GMT

Asian stocks appreciate on Japan monetary policy

The MSCI Asia Pacific Index was higher by 0.2% to 132.73 points in the second part of Asian trading session on Tuesday. The index erased last three days of negative performance. Equity markets were positive after comments from the Bank of Japan governor that extra money might be introduced into market this year. That might mean that equity markets will

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.