November 27, 2014 10:42 am
Gold fell in quiet trade on Thursday as assets in the top bullion exchange-traded fund fell to a new six-year low and investors awaited the results from the Swiss referendum on Sunday. Comex gold for delivery in February fell by $2.8 to $1 194.7 per troy ounce by 10:30 GMT, having shifted in a daily […]
Read moreNovember 27, 2014 9:19 am
Brent and West Texas Intermediate extended their declines into a fourth day to reach fresh four-year lows as a production cut agreement at OPECs meeting in Vienna seemed unlikely. January US crude fell by $1.47 on Thursday to $72.22 per barrel by 09:01 GMT. Prices held in a daily range between $73.56 and $71.89 a […]
Read moreNovember 27, 2014 8:23 am
Yesterday’s trade saw USD/CAD within the range of 1.1228-1.1297. The pair closed at 1.1245, losing 0.10% on a daily basis. At 8:21 GMT today USD/CAD was up 0.02% for the day to trade at 1.1246. The pair touched a daily high at 1.1269. Fundamentals Canada The deficit on Canadian current account probably shrank to CAD […]
Read moreNovember 27, 2014 8:04 am
Yesterday’s trade saw EUR/CAD within the range of 1.4019-1.4088. The pair closed at 1.4063, gaining 0.17% on a daily basis. At 7:59 GMT today EUR/CAD was up 0.08% for the day to trade at 1.4072. The pair touched a daily high at 1.4090. Fundamentals Euro zone German unemployment The number of the unemployed people in […]
Read moreNovember 27, 2014 7:41 am
Yesterday’s trade saw EUR/USD within the range of 1.2443-1.2531. The pair closed at 1.2506, gaining 0.26% on a daily basis. At 7:39 GMT today EUR/USD was down 0.07% for the day to trade at 1.2513. The pair touched a daily high at 1.2523. Fundamentals Euro zone Spanish Gross Domestic Product – final estimate The final […]
Read moreNovember 27, 2014 7:26 am
Yesterday’s trade saw EUR/GBP within the range of 0.7897-0.7949. The pair closed at 0.7916, losing 0.30% on a daily basis. At 7:24 GMT today EUR/GBP was unchanged for the day to trade at 0.7916. The pair touched a daily low at 0.7915. Fundamentals Euro zone Spanish Gross Domestic Product – final estimate The final estimate […]
Read moreNovember 26, 2014 4:08 pm
Carlyle Group LP, one of the world’s largest private equity groups, has agreed to buy South Africas Tiger Automotive, marking its first investment in the country. The US buyout firm purchased TiAuto, a vehicle parts and tire retailer in Johannesburg, in a consortium with Old Mutuals South African private equity unit from Ethos Private Equity. […]
Read moreNovember 26, 2014 1:37 pm
Thomas Cook Group Plcs shares plummeted by more than a quarter after the sudden departure of CEO Harriet Green, credited for reviving the British holiday company. Ms. Green, 52, joined the 173-year-old travel company back in 2012, when shares of Thomas Cook were trading for 14 pence and it had a market capitalization of £148 […]
Read moreNovember 26, 2014 11:30 am
Natural gas fell slightly after a one-day gain amid mixed weather forecasts predicting a colder Thanksgiving period, but also an overall mild start to December. Investors eyed Wednesdays EIA natural gas stockpiles report. Natural gas for delivery in January lost 0.45% to $4.383 per million British thermal units by 11:14 GMT. Prices held in a […]
Read moreNovember 26, 2014 10:38 am
Apple Inc reached a market capitalization of more than $700 billion during the morning trading session on Tuesday, double the value compared to 2011 when Tim Cook was appointed as CEO. In August Apple passed the $100 level and pushed further, reaching several consecutive highs thanks to the built up hype around the release of […]
Read more
