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Natural gas trading outlook: futures fall further on mild temperatures

December 22, 2014 9:10 am
Natural gas fell on Monday, extending declines to a third day, on projections of milder weather over the eastern US and the West Coast during the week. On the New York Mercantile Exchange, natural gas for delivery in January declined by 3.93% to $3.328 per million British thermal units by 8:43 GMT, having shifted in […] Read more

Forex Market: NZD/USD daily trading forecast

December 22, 2014 9:06 am
Friday’s trade saw NZD/USD within the range of 0.7736-0.7796. The pair closed at 0.7741, losing 0.20% on a daily basis. At 9:05 GMT today NZD/USD was up 0.18% for the day to trade at 0.7752. The pair touched a daily high at 0.7754. Fundamentals New Zealand Trade Balance The deficit on New Zealands balance of […] Read more

Forex Market: EUR/USD daily trading forecast

December 22, 2014 8:25 am
Friday’s trade saw EUR/USD within the range of 1.2220-1.2302. The pair closed at 1.2226, losing 0.49% on a daily basis. At 8:13 GMT today EUR/USD was up 0.30% for the day to trade at 1.2258. The pair touched a daily high at 1.2268. Fundamentals Euro zone Consumer Confidence Confidence among consumers in the Euro area […] Read more

Gold trading outlook: futures edge up to trade near $1 200

December 22, 2014 8:05 am
Gold started the week with a slight increase on Monday, after the precious metal ended two weeks of gains as Fed officials confirmed they will raise interest rates in 2015. Comex gold for delivery in February gained 0.37% to $1 200.4 per troy ounce by 07:48 GMT, having shifted in a daily range of $1 […] Read more

Forex Market: EUR/GBP daily trading forecast

December 22, 2014 7:56 am
Friday’s trade saw EUR/GBP within the range of 0.7812-0.7858. The pair closed at 0.7822, losing 0.20% on a daily basis. At 7:48 GMT today EUR/GBP was up 0.19% for the day to trade at 0.7833. The pair touched a daily high at 0.7839. Fundamentals Euro zone Consumer Confidence Confidence among consumers in the Euro area […] Read more

Forex Market: USD/SEK trading forecast for Monday

December 21, 2014 8:23 am
Friday’s trade saw USD/SEK within the range of 7.6670-7.7573. The pair closed at 7.7407, gaining 0.54% on a daily basis and 2.58% for the whole week. Fundamentals United States Existing Home Sales The index of existing home sales in the United States probably gained 0.8% to a level of 5.25 million in November compared to […] Read more

Forex Market: USD/JPY trading forecast for Monday

December 21, 2014 7:44 am
Friday’s trade saw USD/JPY within the range of 118.80-119.64. The pair closed at 119.50, gaining 0.56% on a daily basis and 0.59% for the whole week. Fundamentals United States Existing Home Sales The index of existing home sales in the United States probably gained 0.8% to a level of 5.25 million in November compared to […] Read more

Forex Market: USD/DKK trading forecast for Monday

December 20, 2014 8:21 am
Friday’s trade saw USD/DKK within the range of 6.0451-6.0873. The pair closed at 6.0841, gaining 0.46% on a daily basis and 1.85% for the whole week. Fundamentals United States Existing Home Sales The index of existing home sales in the United States probably gained 0.8% to a level of 5.25 million in November compared to […] Read more

Samsung share price up, set to double dividend payout

December 19, 2014 3:45 pm
Samsung Electronics announced on Friday it plans to boost its full-year dividend payout by 30% to 50%, as an answer to investors calls for higher returns. The move comes after last months announcement that the South Korean company would buy back $2 billion worth of shares as a part of its restructuring program. The decision […] Read more

Air France KLM share price down, issues a third profit warning

December 19, 2014 1:34 pm
Air France KLM SA announced on Thursday it expects even lower 2014 earnings citing persistent weakness in long-haul markets and the impact of the 14-day pilot strike. The Paris-based company trimmed its projection for earnings before interest, taxes, depreciation and amortization by an additional €200 million to €1.5 billion to €1.6 billion. This is the […] Read more