January 9, 2015 9:20 am
Natural gas edged up for a second session on Friday after the Energy Information Administration reported a US storage withdrawal slightly above analysts’ forecasts. Natural gas for delivery in February traded 1.91% higher at $2.983 per million British thermal units at 8:57 GMT, having shifted in a daily range of $2.990-$2.954. The energy source rose […]
Read moreJanuary 9, 2015 8:20 am
Yesterday’s trade saw GBP/USD within the range of 1.5032-1.5118. The daily low has also been the lowest level since July 15th 2013. The pair closed at 1.5089, losing 0.05% on a daily basis. At 8:13 GMT today GBP/USD was up 0.07% for the day to trade at 1.5098. The pair touched a daily high at […]
Read moreJanuary 9, 2015 8:17 am
Gold edged up on Friday to end two days of losses ahead of the US December employment report, heading to its first weekly increase in a month after it was boosted by Greek political turmoil and strong Chinese demand. Comex gold for delivery in February climbed 0.22% to $1 211.1 per troy ounce by 07:58 […]
Read moreJanuary 9, 2015 7:47 am
Yesterday’s trade saw EUR/USD within the range of 1.1753-1.1847. The daily low has also been the lowest since December 8th 2005. The pair closed at 1.1792, losing 0.41% on a daily basis. At 7:46 GMT today EUR/USD was down 0.05% for the day to trade at 1.1786. The pair touched a daily low at 1.1785 […]
Read moreJanuary 9, 2015 7:19 am
Yesterday’s trade saw EUR/GBP within the range of 0.7802-0.7857. The pair closed at 0.7815, losing 0.26% on a daily basis. At 7:16 GMT today EUR/GBP was down 0.03% for the day to trade at 0.7814. The pair touched a daily low at 0.7811 at 7:01 GMT. Fundamentals United Kingdom Balance of trade The deficit on […]
Read moreJanuary 8, 2015 3:41 pm
Discount retailer Family Dollar Stores Inc announced a nearly 50% decline in earnings for the recent quarter, weeks before a shareholders vote on a takeover deal. Net income dropped to $41.4 million in the first quarter of financial 2015, compared to the $78 million reported a year ago. Earnings per share stood at $0.36 in […]
Read moreJanuary 8, 2015 1:42 pm
Marks & Spencer Group Plc, UKs biggest clothing retailer by sales, reported worse than expected holiday results, citing online delivery problems. London-based M&S reported a 5.8% decrease in like-for-like sales in its general merchandise unit, including clothing and other non-food products, during the 13 weeks through December 27. The results largely differ from the 3% […]
Read moreJanuary 8, 2015 10:54 am
Britains largest supermarket chain Tesco Plc said it will dispose of loss-making stores, reduce product prices, sell assets and cut costs in an attempt to turn around its troubled business. The company reported like-for-like sales drop of 2.9% in the 19 weeks to January 3, including a 0.3% fall during the six weeks Christmas period. […]
Read moreJanuary 8, 2015 9:46 am
Natural gas fell for a third time this week as forecasting agencies projected warmer temperatures over the majority of the US later this month. Natural gas for delivery in February traded 1.15% lower at $2.838 per million British thermal units at 9:17 GMT, having shifted in a daily range of $2.897-$2.816. The energy source lost […]
Read moreJanuary 8, 2015 9:27 am
Gold extended overnight losses on Thursday as a rebound in oil and equity prices, combined with stronger US economic data curbed the precious metals appeal as a hedge. Comex gold for delivery in February dropped 0.17% to $1 208.7 per troy ounce by 09:14 GMT, having shifted in a daily range of $1 214.4 and […]
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