January 16, 2015 7:23 am
Yesterday’s trade saw EUR/GBP within the range of 0.7626-0.7746. The pair closed at 0.7659, losing 1.00% on a daily basis. At 7:21 GMT today EUR/GBP was unchanged for the day to trade at 0.7659. The pair touched a daily high at 0.7673 at 7:00 GMT. Fundamentals Euro zone Euro area consumer inflation – final estimate […]
Read moreJanuary 15, 2015 2:59 pm
Bank of America Corp, the second-largest US lender, announced on Thursday that its fourth-quarter profit fell, largely due to decline in revenue from fixed-income trading. Net income for the three months ended December 31 slided to $3.1 billion, compared to a net income of $3.4 billion a year earlier. Earnings per share stood at $0.25, […]
Read moreJanuary 15, 2015 1:22 pm
Google Inc has initiated negotiations with the worlds major car companies to speed-up the development of self-driving vehicles and release them by 2020. The internet giant has not yet decided whether to participate in the self-driving vehicle market as a manufacturer or a supplier of technology to already proven carmakers. “Wed be remiss not to […]
Read moreJanuary 15, 2015 11:13 am
BlackBerry Ltd and Samsung Electronics have both denied rumors that the South Korean technology giant has made an acquisition offer to the Canadian company. “BlackBerry has not engaged in discussions with Samsung with respect to any possible offer to purchase BlackBerry,” the company said in statement, outlining that it does not intent to further comment […]
Read moreJanuary 15, 2015 9:41 am
Compagnie Financiere Richemont SA announced on Thursday weaker sales growth as demand for its luxury watches dropped in Asia amid protests in Hong Kong. The owner of Cartier, IWC and Piaget brands announced a revenue of €3.05 billion during the three months ended December 31, up 3.7% compared to an year earlier. However, excluding currency […]
Read moreJanuary 15, 2015 9:03 am
Yesterday’s trade saw USD/CAD within the range of 1.1925-1.2018. The daily high has also been the highest level since April 30th 2009. The pair closed at 1.1951, losing 0.05% on a daily basis. At 8:59 GMT today USD/CAD was up 0.01% for the day to trade at 1.1950. The pair touched a daily high at […]
Read moreJanuary 15, 2015 8:48 am
Gold fell on Thursday to trade below its highest level in twelve weeks as traders remained cautious amid plunging commodities prices and concerns of sluggish global growth. Comex gold for delivery in February dropped 0.53% to $1 228.0 per troy ounce by 08:26 GMT, shifting in a daily range of $1 232.5 – $1 226.1. […]
Read moreJanuary 15, 2015 8:06 am
General Motors Co announced on Wednesday it is expecting higher profit margins and underlying earnings in 2015 versus 2014, boosted by improved sales in all regions. GM will also increase its capital expenditure by 20% to $9 billion in 2015, the biggest amount the company has spent since its government-managed bankruptcy in 2009. The move […]
Read moreJanuary 15, 2015 8:00 am
Yesterday’s trade saw EUR/USD within the range of 1.1726-1.1845. The daily low has also been a fresh 9-year low. The pair closed at 1.1789, gaining 0.14% on a daily basis. At 8:13 GMT today EUR/USD was down 0.20% for the day to trade at 1.1765. The pair touched a daily low at 1.1760 at 6:30 […]
Read moreJanuary 15, 2015 7:44 am
Yesterday’s trade saw EUR/NOK within the range of 8.9759-9.1761. The pair closed at 8.9853, losing 1.63% on a daily basis, which marked the second consecutive daily loss. At 7:37 GMT today EUR/NOK was up 0.20% for the day to trade at 9.0038. The pair touched a daily high at 9.0220 at 7:33 GMT. Fundamentals Euro […]
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