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Japanese stocks soared on Wednesday after Japan Post Holdings Co. jumped over 15% in its trading debut, while Chinese shares were elevated after upbeat data...
Market News
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News, 4 November 2015, 09:33 #Alibaba, Hang Seng
The shared currency was pressured lower Wednesday by the prospect of more easing measures from the European Central Bank...
Currency
  • 1557
News, 4 November 2015, 08:20 #Mario Draghi, eur/gbp
On Wednesday the Australian dollar edged higher in Asia on better-than-expected trade data and expected retail sales, while its New Zealand counterpart dipped after weak employment numbers...
Currency
  • 708
News, 4 November 2015, 08:04 #usd/jpy, forex news
Despite the general bearish sentiment towards gold, which was fueled after the metal hit a four-week trough on Monday, one German bullion dealer maintains upbeat forecasts...
Metals
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Alice F, 3 November 2015, 21:31 #silver, metals, gold
Prices continue to trade near daily lows despite dismal US data as traders remain focused on fEd rate outlook. Eyes key fib support The metal is trading within a touching distance from USD 1120.60/Oz, which is the 61.8% of Jul low to Oct high move...
Metals
  • 128
Khurram Mustafa, 3 November 2015, 16:34
RUSSIA The perspective for the Russian currency remains neutral for the time being, according to BofA Merrill Lynch Global Research. Key Quotes “We remain neutral on RUB, as our commodity team sees stable oil prices through yearend and with the CBR committed to buying USD if RUB falls below 60...
Currency
  • 60
Khurram Mustafa, 3 November 2015, 15:44
U.S. stocks opened slightly lower Tuesday as investors took a pause after a big rally during the previous session...
Market News
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  • 1
News, 3 November 2015, 15:43 #Wall Street, Nasdaq
Oil erased early losses on Tuesday, but stayed below $50, pressured by an oversupply and worries about a vulnerable demand outlook...
Crude Oil
  • 949
News, 3 November 2015, 15:02 #Goldman Sachs, WTI, Brent
The number of unemployed people in Spain increased for the third consecutive month in October, driving worries about the health of the euro zone’s fourth largest economy, official data showed on Tuesday...
Currency
  • 1203
News, 3 November 2015, 13:04 #dax, FTSE 100, Mario Draghi
The British currency slightly declined although Britain’s construction sector has posted another month of solid growth, according to data firm Markit...
Currency
  • 665
News, 3 November 2015, 11:33 #eur/gbp, GBP/USD
On Tuesday Asian shares broadly recovered led by the Australian market which rose after six straight days of losses...
Market News
  • 618
News, 3 November 2015, 09:29 #Hang Seng, stocks
Gold prices were slightly higher on Tuesday after hitting four-week lows on Monday which deepened a bearish sentiment towards the metal...
Metals
  • 898
  • 1
News, 3 November 2015, 08:58 #copper, silver, metals
The Aussie jumped on Tuesday after the Australian central bank held steady at a record low 2...
Currency
  • 704
News, 3 November 2015, 07:30 #usd/jpy, forex news
Reached a daily high at 1.1052 at the beginning of the New York session, but failed to hold gains and it has been slowly grinding lower over the last hours. EUR/USD retreated to the 1...
Currency
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Khurram Mustafa, 2 November 2015, 18:52
has been pressured below the 20 SMA on the hourly chart after a robust start to the week in Asia, despite the troublesome data from China and continued negative outlooks and implications for commodity prices. Also, NZ Finmin warns that RBNZ OCR will likely go down...
Currency
  • 173
Khurram Mustafa, 2 November 2015, 18:06
USDJPY advanced to fresh highs for the day as the greenback pick up pace over the last minutes, although it remains well within its last week range. USD/JPY broke above the 100-hour SMA and reached a daily peak of 120.77 in recent dealings. At time of writing, the pair was trading at 120...
Currency
  • 64
Khurram Mustafa, 2 November 2015, 17:52

WTI

Prices for the West Texas Intermediate have recovered from session lows in the $45.60 area and are now trading in the mid-$46.00s per barrel...
Crude Oil
  • 72
Khurram Mustafa, 2 November 2015, 17:07
The drop in the gold prices appears to have stalled around USD 1134.15 (50% of July low-Oct high) after the US ISM data showed manufacturing activity stagnated in October. USD resilient So far, the markets have not reacted negatively to the weak US data...
Market News
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Khurram Mustafa, 2 November 2015, 16:19
The greenback is losing the grip vs. its Canadian neighbour on Monday, now sending USD/CAD to the area of 1.3080/75 following US data. USD/CAD turns negative near 1.3080 The pair has left the area above the 1.3100 handle despite better-than-expected results from the US docket today...
Market News
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Khurram Mustafa, 2 November 2015, 16:13

ISM

The Institute of Supply Management’s (ISM) manufacturing gauge remained stalled or neutral in October on account of weak global demand. The ISM printed at 50.1, which is slightly above the expected figure of 50.00, but below September’s 50.2...
Currency
  • 44
Khurram Mustafa, 2 November 2015, 16:10