January 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 […]
Read moreJanuary 5, 2015 9:31 am
Natural gas edged up for a second session on Monday to drift further from a 27-month low as forecasting agencies predict incoming colder weather, with temperatures set to drop below the zero mark in some regions. Natural gas for delivery in February traded 3.33% higher at $3.103 per million British thermal units at 9:10 GMT, […]
Read moreJanuary 5, 2015 9:02 am
Friday’s trade saw EUR/SEK within the range of 9.3979-9.5219. The pair closed at 9.5144, gaining 0.86% on a daily basis. At 8:57 GMT today EUR/SEK was down 0.04% for the day to trade at 9.4936. The pair touched a daily low at 9.4807. Fundamentals Euro zone Sentix Investor Sentiment Confidence among investors in the Euro […]
Read moreJanuary 5, 2015 8:36 am
Gold rose for a second session on Monday as the precious metal was supported by strong Chinese demand weeks before traditional holidays. Comex gold for delivery in February gained 0.92% to $1 197.1 per troy ounce by 07:39 GMT, having shifted in a daily range of $1 198.0-$1 177.8 an ounce. The precious metal edged […]
Read moreJanuary 5, 2015 8:22 am
Friday’s trade saw EUR/CAD within the range of 1.4020-1.4143. The pair closed at 1.4139, gaining 0.71% on a daily basis. At 8:19 GMT today EUR/CAD was up 0.54% for the day to trade at 1.4103. The pair touched a daily high at 1.4135. Fundamentals Euro zone Sentix Investor Sentiment Confidence among investors in the Euro […]
Read moreJanuary 5, 2015 7:49 am
Friday’s trade saw GBP/CHF within the range of 1.5343-1.5530. The pair closed at 1.5347, losing 0.79% on a daily basis. At 7:44 GMT today GBP/CHF was up 0.27% for the day to trade at 1.5380. The pair touched a daily high at 1.5396. Fundamentals United Kingdom Construction activity Activity in United Kingdom’s sector of construction […]
Read moreJanuary 5, 2015 7:26 am
Friday’s trade saw USD/CHF within the range of 0.9933-1.0014. The pair closed at 1.0013, gaining 0.76% on a daily basis. At 7:24 GMT today USD/CHF was down 0.33% for the day to trade at 1.0047. The pair touched a daily low at 1.0033. Fundamentals Switzerland Manufacturing PMI Activity in Switzerland’s manufacturing sector probably expanded in […]
Read moreJanuary 4, 2015 1:10 pm
Italian businessman Andrea Bonomi announced on Friday that he is backing down from the bid war for control over the resort operator, ending the longest takeover battle in French history. Global Resorts, controlled by Mr. Bonomi, officially gave up on the 18-month bid war with the Chinese group Fosun International, five days ahead of the […]
Read moreJanuary 4, 2015 10:37 am
Friday’s trade saw EUR/USD within the range of 1.1999-1.2110. The daily low has been the lowest level since June 10th 2010. The pair closed at 1.2003, losing 0.83% on a daily basis and 1.42% for the whole week. On Monday (December 5th) the cross may be influenced by a number of fundamentals, as listed below. […]
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