January 6, 2015 10:34 am
Daimler AG unveiled its visionary Mercedes-Benz F 015 concept yesterday at the Consumer Electronics Show in Las Vegas, shaking up the traditional usage of cars. The all-electric, fully self-driving vehicle is not only a tool for transportation, but also a luxury lounge on wheels wired with all kinds of top-tier electronics. “We see cars widening […]
Read moreJanuary 6, 2015 9:36 am
Natural gas fell for a fourth out of five sessions on Tuesday to trade above a two-year low it reached on Friday as forecasting agencies predicted milder conditions over most states. Natural gas for delivery in February traded 0.24% lower at $2.875 per million British thermal units at 9:12 GMT, having shifted in a daily […]
Read moreJanuary 6, 2015 8:31 am
Yesterday’s trade saw USD/BRL within the range of 2.6931-2.7309. The pair closed at 2.7064, gaining 0.44% on a daily basis. At 8:22 GMT today USD/BRL was down 0.01% for the day to trade at 2.7063. The pair touched a daily low at 2.7058 during early Asian trade. Fundamentals United States ISM Services data Activity in […]
Read moreJanuary 6, 2015 8:11 am
Gold rose for a third consecutive session on Tuesday as investors looked for the safety of the metal due to weakness in global equities and Greece concerns. Comex gold for delivery in February gained 0.40% to $1 208.8 per troy ounce by 07:50 GMT, having shifted in a daily range of $1 201.6 and $1 […]
Read moreJanuary 6, 2015 7:50 am
Yesterday’s trade saw USD/CAD within the range of 1.1743-1.1841. The pair closed at 1.1759, losing 0.28% on a daily basis. At 7:42 GMT today USD/CAD was down 0.05% for the day to trade at 1.1755. The pair touched a daily low at 1.1731. Fundamentals United States ISM Services data Activity in United States’ sector of […]
Read moreJanuary 6, 2015 7:30 am
Yesterday’s trade saw EUR/NOK within the range of 9.0252-9.1624. The pair closed at 9.1153, gaining 0.25% on a daily basis. At 7:26 GMT today EUR/NOK was down 0.17% for the day to trade at 9.0988. The pair touched a daily low at 9.0810. Fundamentals Euro zone Services PMIs Services sector in Spain probably registered higher […]
Read moreJanuary 6, 2015 7:16 am
Yesterday’s trade saw EUR/GBP within the range of 0.7747-0.7850. The pair closed at 0.7825, gaining 0.12% on a daily basis. At 7:13 GMT today EUR/GBP was up 0.17% for the day to trade at 0.7838. The pair touched a daily high at 0.7840 at 7:05 GMT. Fundamentals Euro zone French Consumer Confidence Confidence among consumers […]
Read moreJanuary 5, 2015 3:49 pm
BP is expected to report a significant loss in the fourth quarter for its stake in Russias Rosneft as performance was hurt by plunging oil prices and weaker ruble. Marking its first loss in Russia, BP is on its way to report a Rosneft loss of up to $750 million, City analysts projected. The negative […]
Read moreJanuary 5, 2015 1:16 pm
NASDAQ OMX Group Inc is buying private Dorsey Wright for $225 million in line with the exchanges plan to diversify its business. “We see ourselves as a major player in the index space,” said Adena Friedman, president of global capital access, technology and insights at Nasdaq, cited by the Financial Times. “We believe this is […]
Read moreJanuary 5, 2015 10:53 am
The Allied Pilots Association union approved American Airlines final offer late Saturday and paved the way for an immediate 23% pilot wage hike. After the unions board agreed to the five-year deal, which also include an annual increase, the accord is now set to be voted later this month by the unions 10 000 American […]
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