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Gold trading outlook: futures edge up but remain below $1 200

December 29, 2014 8:03 am
Gold was little changed on Monday, maintaining its overnight gains, amid expectations that the precious metal would fall due to a stronger dollar and weaker investor interest. Comex gold for delivery in February gained 0.03% to $1 195.6 per troy ounce by 07:36 GMT, having shifted in a daily range of $1 197.5 -$1 192.4 […] Read more

Forex Market: EUR/GBP daily trading forecast

December 29, 2014 7:29 am
Friday’s trade saw EUR/GBP within the range of 0.7817-0.7870. The pair closed at 0.7827, losing 0.50% on a daily basis. At 7:27 GMT today EUR/GBP was down 0.07% for the day to trade at 0.7824. The pair touched a daily low at 0.7822. Fundamentals Euro zone Italian Consumer Confidence Index Confidence among consumers in Italy […] Read more

LG Electronics share price down, headquarters raided by prosecutors

December 28, 2014 6:43 pm
LG Electronics said that prosecutors raided its headquarters in Seoul on Friday amid accusations that executives from the South Korean company damaged rival Samsungs products while attending a trade fair in Germany. Samsung claims that LG employees, including Jo Seong-jin, president of the companys home appliance division, vandalized several of its premium washing machines, which […] Read more

Forex Market: EUR/CHF trading forecast for Monday

December 28, 2014 1:56 pm
Friday’s trade saw EUR/CHF within the range of 1.2008-1.2036. The pair closed at 1.2028, losing 0.03% on a daily basis, while showing no change for the whole week. On Monday (December 29th) the cross may be influenced by the fundamentals listed below. Fundamentals Euro zone Italian Consumer Confidence Index Confidence among consumers in Italy probably […] Read more

Amazon share price up, boosts Prime numbers

December 27, 2014 12:55 pm
Amazon.com Inc announced on Friday that it had expanded its Prime customer base with more than 10 million new members during the holidays. Prime members, who pay $99 a year in order to get unlimited free two-day shipping, are projected to spent twice as much as regular members and Amazon considers them vital to its […] Read more

Forex Market: USD/CHF trading forecast for Monday

December 27, 2014 12:31 pm
Friday’s trade saw USD/CHF within the range of 0.9832-0.9885. The pair closed at 0.9878, gaining 0.35% on a daily basis and 0.43% for the whole week. On Monday (December 29th) the cross may be influenced by the fundamentals listed below. Fundamentals Switzerland UBS Consumption Indicator At 7:00 GMT the UBS is expected to release data […] Read more

Forex Market: USD/RUB daily trading forecast

December 26, 2014 1:56 pm
Yesterday’s trade saw USD/RUB within the range of 51.843-54.218. The daily low was also the lowest level since December 2nd. The pair closed at 53.100, losing 0.84% on a daily basis. At 13:47 GMT today USD/RUB was up 6.05% for the day to trade at 54.297. The pair broke the first key daily resistance level […] Read more

RadioShack share price down, tries to reduce store density

December 26, 2014 11:30 am
RadioShack Corp has picked up the pace in store closures in line with its plan to reduce size, but the struggling electronics retailer is a long way from done. RadioShack has shut down more stores in the past two months compared to the rest of the year, however, it has only eliminated one fifth of […] Read more

Sony share price down, releases “The Interview” despite threats

December 25, 2014 3:48 pm
Sony Pictures Entertainments “The Interview” was made available for online viewing on platforms, including Google Play, Youtube, Microsofts Xbox video and a dedicated Sony website, and will be released in around 300 cinemas around the US on Christmas day. Last week Sony pulled out the title after the biggest US cinema chains said that they […] Read more

Forex Market: USD/JPY daily trading forecast

December 25, 2014 1:10 pm
Yesterday’s trade saw USD/JPY within the range of 120.24-120.78. The pair closed at 120.50, losing 0.16% on a daily basis. At 13:06 GMT today USD/JPY was up 0.03% for the day to trade at 120.48, which is also the pairs current daily high. Fundamentals Japan Consumer inflation Annualized consumer inflation in Japan probably remained steady […] Read more