November 20, 2014 7:39 am
Yesterday’s trade saw EUR/USD within the range of 1.2511-1.2600. The pair closed at 1.2554, gaining 0.14% on a daily basis. At 7:36 GMT today EUR/USD was down 0.21% for the day to trade at 1.2527. The pair touched a daily low at 1.2524 at 7:35 GMT. Fundamentals Euro zone Manufacturing data – preliminary release Frances […]
Read moreNovember 20, 2014 7:27 am
Yesterday’s trade saw EUR/NOK within the range of 8.4302-8.5367. The pair closed at 8.5207, gaining 0.96% on a daily basis. At 7:24 GMT today EUR/NOK was down 0.05% for the day to trade at 8.5163. The pair touched a daily low at 8.5003 during early Asian trade. Fundamentals Euro zone Manufacturing data – preliminary release […]
Read moreNovember 20, 2014 7:13 am
Yesterday’s trade saw EUR/GBP within the range of 0.7986-0.8041. The pair closed at 0.8005, losing 0.17% on a daily basis. At 7:10 GMT today EUR/GBP was up 0.05% for the day to trade at 0.8009. The pair touched a daily high at 0.8014 at 7:12 GMT. Fundamentals Euro zone Manufacturing data – preliminary release Frances […]
Read moreNovember 19, 2014 4:02 pm
Alibaba Group Holding and Tencent Holding push further into entertainment as their top executives increased their stakes in a Chinese television and film production company. Huayi Brothers Media Corp introduced a plan to strengthen its relationship with Alibaba and Tencent by jointly producing movies in the future and said it will start distributing films through […]
Read moreNovember 19, 2014 2:28 pm
Royal Mail Plc reported a decreased first-half profit and alerted that Amazon.coms move to create its own delivery network will reduce the parcel market for other carriers. The British postal service hoped its parcel division will drive future growth, however parcel revenues slid 1%, despite the 2% increase in volumes in the six months ended […]
Read moreNovember 19, 2014 2:25 pm
Maersk Line, the largest operating unit of AP Moeller Maersk A/S, introduced a plan to cut unprofitable long-term contracts and increase its shipping rate. “We need to be more disciplined in pushing the general rate increase to make sure it is sustainable” said Silvia Ding, head of South China operations. She also mentioned that the […]
Read moreNovember 19, 2014 2:22 pm
Areva SAs shares plunged to levels untouched in nearly 16 years after the French nuclear group abandoned its financial targets for the next two years. The company, 87% owned by the French state, dropped its financial targets for 2015 and 2016, blaming delays of its Finnish Olkiluoto 3 nuclear project, the later than expected restart […]
Read moreNovember 19, 2014 9:39 am
Samsung Heavy Industries called off a merger with Samsung Engineering that would have helped them compete better against European rivals. The worlds third-largest ship builder scrapped a merger with Samsungs engineering unit, due to requests of share buybacks from investors. Under South Korean regulations, a merger could be canceled by a company should the requested […]
Read moreNovember 19, 2014 9:03 am
Yesterday’s trade saw USD/BRL within the range of 2.5815-2.6082. The pair closed at 2.5825, losing 0.98% on a daily basis. At 9:00 GMT today USD/BRL was unchanged for the day to trade at 2.5825. The pair touched a daily high at 2.5880 during early Asian trade. Fundamentals United States Building permits and Housing starts The […]
Read moreNovember 19, 2014 8:29 am
Yesterday’s trade saw USD/RUB within the range of 46.575-47.258. The pair closed at 46.908, losing 0.45% on a daily basis. At 8:25 GMT today USD/RUB was up 0.34% for the day to trade at 47.033. The pair broke the first key daily resistance level and touched a daily high at 47.444 at 4:20 GMT. USD/RUB […]
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