China's services sector grew at a faster pace in June, the latest survey from HSBC and Markit Economics revealed on Thursday - posting an index score of 53.1 and touching a 15-month high. That's up from 50.7 in May. That lifted China's composite PMI to 52.4 - up from 50.2 in the previous month...
EUR/GBP Technical Strategy: Flat Support: 0.7929, 0.7864, 0.7812 Resistance:0.7968, 0.8081, 0.8134...
Stock market analysts often use terms that are confusing to people who aren’t familiar with the stock market. This might make you think that you aren’t smart enough to invest in the stock market. This isn’t true, however...
The New Zealand dollar fell against its U.S. counterpart on Wednesday, but losses were expected to remain limited as sustained concerns over the strength of the U.S. economic recovery continued to weigh on the greenback...
U.S. companies hired 281,000 workers in June, marking the biggest monthly increase since November 2012 and beating even the most optimistic market expectations, a report by a payrolls processor showed on Wednesday. Private job gains in May were 179,000...
Turkey’s Energy Marketing Regulatory Authority (EMRA) has set up an Istanbul-based energy stock exchange. Officials from the energy watchdog told the Anadolu Agency that EMRA would announce an initial public offering for shares in the energy stocks...
Following the bull market pattern of the past five years, the U.S. stock market continues to climb to new highs while shaking off all reasons for pessimism as well as the warnings of skeptics...
The table below shows you the best buys in exchange-traded funds holding tax-exempt bonds. But “best buy” means only “better than other muni ETFs”; it does not necessarily mean “good buy...
Australia posted a merchandise trade deficit of A$1.911 billion in May, the Australian Bureau of Statistics said on Wednesday - marking an increase of A$1.131 billion or 145 percent on the April deficit...
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Cabot Oil & Gas (COG) is now the #59 analyst pick, moving up by 1 spot...
Construction spending in the U.S. increased by much less than expected in the month of May, according to a report released by the Commerce Department on Tuesday. The report said construction spending inched up 0.1 percent to an annual rate of $956...
Activity in the U.S. manufacturing sector unexpectedly grew at a slightly slower rate in the month of June, according to a report released by the Institute for Supply Management on Tuesday. The ISM said its purchasing managers index edged down to 55.3 in June from 55...
Treasury Secretary Jacob Lew on Tuesday said that China's currency remains undervalued. U.S. and Chinese officials will discuss economic issues at an annual Strategic and Economic dialogue meeting in Beijing next week. In a preview of the talks at the U.S...
Prices broke higher after oscillating in a narrow range for over a week, taking out resistance at 1321.64 marked by the 38.2% Fibonacci expansion. Buyers now aim to challenge the 50% level at 1346.78, with a further push above that eyeing the 61.8% Fib at 1371.93...
Prices remain in consolidation mode below resistance at 106.74, the 23.6% Fibonacci expansion.A daily close above this barrier initially targets the 38.2% level at 108.04. Alternatively, a reversal below support in the 104.84-105...
West Texas Intermediate oil futures edged higher on Tuesday, as market players assessed demand prospects from the U.S. and the supply outlook in Iraq. On the New York Mercantile Exchange, crude oil for delivery in August rose 0.4%, or 42 cents, to trade at $105...
The dollar has changed against the euro and the yen on Tuesday, but the greenback’s gains held in check amid persistent concerns over the outlook for the U.S. recovery. EUR/USD fell 0.07% to 1.3682, easing back from the five-week high of 1.3698 set on Monday...
