January 21, 2015 8:21 am
Gold edged up on Wednesday to trade near $1 300 an once as worries about global growth and the possible launch of a stimulus program from the ECB prompted investors to seek the safety of the metal. Comex gold for delivery in February climbed 0.23% to $1 297.2 per troy ounce by 08:02 GMT, shifting […]
Read moreJanuary 21, 2015 8:06 am
Yesterday’s trade saw EUR/USD within the range of 1.1539-1.1616. The daily low has also been the lowest level since November 11th 2003. The pair closed at 1.1550, losing 0.47% on a daily basis. At 7:59 GMT today EUR/USD was up 0.02% for the day to trade at 1.1555. The pair touched a daily high at […]
Read moreJanuary 21, 2015 7:47 am
Yesterday’s trade saw USD/CHF within the range of 0.8682-0.8842. The pair closed at 0.8758, losing 0.43% on a daily basis. At 7:41 GMT today USD/CHF was down 0.15% for the day to trade at 0.8739. The pair touched a daily low at 0.8708 at 6:40 GMT. Fundamentals United States Housing Starts, Building Permits The number […]
Read moreJanuary 21, 2015 7:21 am
Yesterday’s trade saw EUR/GBP within the range of 0.7609-0.7694. The pair closed at 0.7627, losing 0.69% on a daily basis. At 7:18 GMT today EUR/GBP was unchanged for the day to trade at 0.7627. The pair touched a daily low at 0.7622 during early Asian trade. Fundamentals United Kingdom Bank of England minutes At 9:30 […]
Read moreJanuary 20, 2015 4:10 pm
Johnson & Johnson stated a 0.6% decline in sales during the fourth quarter as a stronger US dollar dented profits from the companys international division. The worlds largest maker of health-care products projected its 2015 adjusted earnings per share to range between $6.12 and $6.27. The estimate, however, does not include the impact of intangible […]
Read moreJanuary 20, 2015 2:36 pm
Rio Tinto Plc, the worlds second-largest mining company, said on Tuesday it had increased its global iron ore shipments by 17% during the past year. Rio Tinto said it had sold 302.6 million tons of iron ore during 2014, including the 11% increase in output to 295 million tons through the year. “We have had […]
Read moreJanuary 20, 2015 1:08 pm
Samsung Electronics Co said on Tuesday it is considering the idea of a stock split, answering a call from regulators for lower share price in order to revitalize trading. The possible stock split was first mentioned by Robert Yi, Samsung’s head of investor relations during an event in Seoul. However, Mr. Yi said that no […]
Read moreJanuary 20, 2015 10:51 am
Twitter Inc announced on Tuesday that it had reached a deal to acquire Indias marketing start-up company ZipDial, marking its push into emerging markets. Bangalore-based company specializes in “missed call” marketing. ZipDial provides its clients, including IBM, Yum! and Procter & Gamble among others, with specific phone numbers, which when called trigger a return call […]
Read moreJanuary 20, 2015 9:25 am
Germanys SAP SE announced on Tuesday a reduction of its 2017 operating profit target, citing lower margins during the companys transition period to cloud-based products. The largest business software company in Europe said it now expects operating profit for 2017 to range between €6.3 billion to €7 billion on a revenue of €21 billion to […]
Read moreJanuary 20, 2015 9:10 am
Yesterday’s trade saw USD/CAD within the range of 1.1930-1.1987. The pair closed at 1.1939, losing 0.27% on a daily basis. On Friday the cross touched its highest level since April 29th 2009 at 1.2046. During the week ended on January 16th USD/CAD registered its eight consecutive weekly gain, rising 0.99%. At 9:08 GMT today USD/CAD […]
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