February 3, 2015 7:40 am
Yesterday’s trade saw EUR/CAD within the range of 1.4224-1.4479. The pair closed at 1.4249, losing 0.69% on a daily basis. At 7:38 GMT today EUR/CAD was up 0.28% for the day to trade at 1.4292. The pair touched a daily high at 1.4326 at 4:35 GMT. Fundamentals Euro area Italian consumer inflation – preliminary estimate […]
Read moreFebruary 3, 2015 7:01 am
Yesterday’s trade saw EUR/GBP within the range of 0.7491-0.7564. The daily high has also been the highest level since January 23rd, when a high of 0.7584 was recorded. The pair closed at 0.7546, gaining 0.67% on a daily basis. At 6:58 GMT today EUR/GBP was up 0.04% for the day to trade at 0.7545. The […]
Read moreFebruary 2, 2015 4:09 pm
Exxon Mobil Corp announced on Monday it suffered a 21% reduction in quarterly profits, less than projected, as performance of the worlds biggest oil company was boosted by tax benefits and a compensation from Venezuela. Post-tax earnings for the three months ended December 31 stood at $6.57 billion, down compared to the $8.35 billion reported […]
Read moreFebruary 2, 2015 2:35 pm
Irelands building supplies company CRH Plc announced on Monday it had agreed to spend €6.5 billion in order to acquire assets from rivals Lafarge and Holcim. The two companies are selling parts of their businesses to get regulatory approval on $40-billion merger. The assets, subject to the deal, include operations mainly in Europe, Canada, Brazil […]
Read moreFebruary 2, 2015 1:19 pm
Intel announced on Monday it had agreed to acquire privately held network chipmaker Lantiq for an undisclosed amount to further push into the “Internet of things”. The Santa Clara, California-based company said it had reached a definitive agreement with Lantiq-owner Golden Gate Capital to purchase the German maker of communications chips. Lantiq was created in […]
Read moreFebruary 2, 2015 11:09 am
General Motors Co confirmed on Monday its plans to build a new manufacturing facility in Indonesia, a move that will put pressure on Japanese peers, which dominate the region. SAIC-GM-Wuling, a joint venture between GM China, Wuling Motor and state-owned SAIC, will establish a plant close to Jakarta in order to start manufacturing Wuling brand […]
Read moreFebruary 2, 2015 9:31 am
Ryanair Holdings Plc boosted its full-year expectations as it reported strong performance in the third quarter driven by more customers and lower fuel expenses. Net profit for the three months ended December 31st stood at €49 million, a significant improvement over the €35 million loss the discount air carrier reported in the third quarter of […]
Read moreFebruary 2, 2015 9:18 am
Friday’s trade saw USD/CAD within the range of 1.2602-1.2798. The daily high has also been the highest level since March 13th 2009, when a high of 1.2846 was recorded. The pair closed at 1.2732, surging 0.91% on a daily basis, which marked a third consecutive daily gain. At 9:16 GMT today USD/CAD was up 0.27% […]
Read moreFebruary 2, 2015 8:31 am
Friday’s trade saw EUR/USD within the range of 1.1277-1.1365. The pair closed at 1.1288, losing 0.28% on a daily basis. At 8:27 GMT today EUR/USD was up 0.26% for the day to trade at 1.1317. The pair touched a daily high at 1.1339 at 8:32 GMT. Fundamentals Manufacturing data Activity in Italy’s sector of manufacturing […]
Read moreFebruary 2, 2015 8:18 am
Gold scored its biggest monthly increase in three years as investors sought the safety of the metal amid disappointing projections of global growth and steadied to trade around $1 280 an ounce after Fed officials boosted their prospects for the US economy. Comex gold for delivery in April climbed 0.11% to $1 280.6 per troy […]
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