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As the talks between Greece and its partners have come into a dead end, rumors about Greece's default now seem to come true, as EU officials have formally started discussing the country's default...
"In reality, the recent weakness probably has little to do with platinum itself. The market is very sentiment-driven right now...
The dollar pulled back from gains to trade flat after the release of data indicating a pickup in inflation...
Long-term EURUSD Chart "Despite the corrective rebound developed since early March, EURUSD remains within a long term down trend, which accelerated from June of last year...
On Friday the dollar was higher against its rivals, as markets awaited FOMC meeting due next week. While currency strategists suggest chances of the rate hike next week are almost zero, they think the Committee is going to prepare markets for September hike...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. Top news of the week: Emerging markets slowdown threatens global growth and gets investors wary...
The Consumer Price Index released by the National Institute of Statistics is a measure of price movements by the comparison between the retail prices of a sample shopping basket of goods and services. Purchasing power of euro dragged by inflation...
Industrial Production released by Eurostat showed industrial production volume such as factories and manufacturing. Uptrend is regarded as inflationary which may anticipate interest rates to rise...
The Producer Price Index released by the Bureau of Labor Statistics, Department of Labor measures the average change in prices in the key US market by producers of commodities in all states for processing. IHP changes are widely followed as an indicator of commodity inflation...
W1 price is located below 200 period SMA and 100 period SMA with the secondary ranging within the primary bearish market condition: The price is ranging between 1.0428 support and 1.1441 resistance levels...
EUR/USD: 'With yesterday’s downside correction out of the way there’s a big question mark over what the next step from here will be. However as long as the hourly pattern with lower highs remains in place (i.e. staying below 1.1278) we will hold a light downside bias...
W1 price is on primary bullish located above 200 period SMA and 100 period SMA: The price is on primary uptrend stopped by 125.85 resistance level on this weekly timeframe...
The euro slid lower on Friday as the IMF said in a note there’s been “no progress” in narrowing differences between Greece and its international lenders to avoid a default...
US DOLLAR TECHNICAL ANALYSIS Prices declined to a three-week low after breaking range support. A daily close below the 61.8% Fibonacci retracement at 11790 exposes the 76.4% level at 11731...
With the launch of this new service, users will be able to book hotels via the hotel channel of Gome.com.cn. The hotel channel will enable booking of 280,000 hotels across China...
As the World Bank downgraded its global economic outlook for 2015 blaming contraction in emerging market economies and weaker performance in the U.S., investors got worried over emerging markets' ability to pay for ballooning obligations...
COMMODITIES GOLD Reviews These 10 countries with the Reviews largest gold reserves Developed countries still clutching the gold reserves in the world. Based on data from the World Gold Council by June 2015, the world's gold reserves reach 31 949 tonnes...
NEW YORK. Since the exchange floor, the largest e-commerce company in China, Alibaba Group Holding continues to grow the business and to accumulate good fortune. Most newer, Alibaba plans to invest in Snapchat, a photo sharing application. Alibaba will invest US $ 200 million in Snapchat...
NEW YORK. Efforts Alibaba Group Holding enlarge the contribution of revenue from outside China more aggressively. Alibaba Chairman Jack Ma's visit to the United States (US) to attract more sellers on Alibaba website...
One of the most difficult things in forex trading is knowing the action of the price reversal. In fact a great many technical analysis tools to help identification, but more widely used is a candlestick. Candlestick used as the first clue in identifying the market...
