January 20, 2015 7:21 am
Yesterday’s trade saw EUR/GBP within the range of 0.7613-0.7687. The pair closed at 0.7680, gaining 0.59% on a daily basis. At 7:13 GMT today EUR/GBP was down 0.07% for the day to trade at 0.7675. The pair touched a daily low at 0.7669 at 7:05 GMT. Fundamentals Euro zone Italian Balance of trade The surplus […]
Read moreJanuary 19, 2015 4:05 pm
Chocolate maker Thorntons Plc reported a 7.8% increase in like-for-like sales during December boosted by strong demand for boxed chocolates, seasonal specialties and advent calendars. Thorntons retail division reported a 2.4% decrease in sales to £44.9 million. However, like-for-like sales in the unit increased 5% during the second quarter, boosted by the robust holiday performance, […]
Read moreJanuary 19, 2015 2:38 pm
Japans Sharp Corp announced on Monday that its full-year earnings are likely to fall short of expectations due increasing competition in the display industry and the weaker yen. Sharp, which supplies Apple with screen used in its iPhones, is facing severe competition from Asian rivals who are pressuring overall industry prices down. The company also […]
Read moreJanuary 19, 2015 1:12 pm
Frances Renault announced on Monday a 3.2% increase in global vehicle deliveries in 2014 boosted by a strong demand for its budget Dacia brand in Europe. Renault delivered a total of 2 712 432 vehicles through the past year. However, Renault said that its performance lagged behind the global automotive market, which climbed by 3.5%. […]
Read moreJanuary 19, 2015 11:06 am
Macquarie Group Ltd announced on Monday it now expects profit to jump 10% to 20% for the full year ending March 31, driven by improved trading conditions and a weaker Australian dollar. The news from Australias largest investment bank that it may post its best annual performance since 2008 boosted its shares to reach their […]
Read moreJanuary 19, 2015 9:39 am
Google Inc is in talks to purchase troubled mobile-payments company Softcard as the technology giants seeks ways to compete with Apple Pay. According to people familiar with the matter, the search company may pay up to $100 million in order to acquire the payment service. Jointly owned by AT&T, Verizon and T-Mobile, the company was […]
Read moreJanuary 19, 2015 8:59 am
Gold held near the highest in four months on Monday as investors sought safety in the metal amid volatile markets and ahead of the European Central Banks policy meeting. Comex gold for delivery in February was down 0.02% at $1 276.6 per troy ounce at 08:26 GMT, shifting in a daily range of $1 282.0 […]
Read moreJanuary 19, 2015 8:47 am
Friday’s trade saw USD/CAD within the range of 1.1946-1.2046. The daily high has also been the highest level since April 29th 2009. The pair closed at 1.1985, gaining 0.21% on a daily basis. At 8:32 GMT today USD/CAD was down 0.10% for the day to trade at 1.1963. The pair touched a daily low at […]
Read moreJanuary 19, 2015 8:26 am
Friday’s trade saw EUR/CAD within the range of 1.3749-1.3965. The daily low has also been the lowest level since September 18th 2013. The pair closed at 1.3865, losing 0.32% on a daily basis. At 8:22 GMT today EUR/CAD was down 0.18% for the day to trade at 1.3839. The pair touched a daily low at […]
Read moreJanuary 19, 2015 7:49 am
Friday’s trade saw EUR/GBP within the range of 0.7592-0.7675. The daily low has also been the lowest level in almost two years. The pair closed at 0.7636, losing 0.27% on a daily basis, which marked a fifth consecutive drop. At 7:42 GMT today EUR/GBP was up 0.18% for the day to trade at 0.7649. The […]
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