November 18, 2014 9:39 am
Yesterday’s trade saw USD/BRL within the range of 2.5802-2.6193. The pair closed at 2.6081, gaining 0.24% on a daily basis. At 9:36 GMT today USD/BRL was unchanged for the day to trade at 2.6082. The pair touched a daily low at 2.6078. Fundamentals United States Producer prices United States’ annualized producer price inflation probably slowed […]
Read moreNovember 18, 2014 9:30 am
SunEdison Inc announced it will purchase privately-owned FirstWind, expanding its portfolio types of renewable-energy and turning into the world’s largest developer of wind and solar power. SunEdison said it will share the acquisition with its 64% owned TerraForm Power unit. The parent company will spend $1 billion for obtaining a portfolio of wind power development […]
Read moreNovember 18, 2014 8:38 am
Yesterday’s trade saw GBP/USD within the range of 1.5618-1.5737. The pair closed at 1.5641, losing 0.15% on a daily basis. At 8:35 GMT today GBP/USD was up 0.09% for the day to trade at 1.5654. The pair touched a daily high at 1.5666. Fundamentals United Kingdom Consumer inflation The cost of living in the United […]
Read moreNovember 18, 2014 8:08 am
Honda Motor Co Ltd postponed the launch of its hydrogen fuel-cell car as it deals with increased number of safety recalls. Honda announced it will release its first fuel-cell car on the Japanese market by the end of March 2016. The technology uses hydrogen to power up the car and emits only vapor and heat. […]
Read moreNovember 18, 2014 8:07 am
Yesterday’s trade saw EUR/USD within the range of 1.2443-1.2578. The pair closed at 1.2450, losing 0.57% on a daily basis. At 8:05 GMT today EUR/USD was up 0.32% for the day to trade at 1.2490. The pair touched a daily high at 1.2495 at 7:53 GMT. Fundamentals Euro zone German and Euro zone ZEW gauges […]
Read moreNovember 18, 2014 7:52 am
Yesterday’s trade saw EUR/CHF within the range of 1.2002-1.2025. The pair closed at 1.2013, unchanged on a daily basis. At 7:50 GMT today EUR/CHF was up 0.01% for the day to trade at 1.2014. The pair touched a daily high at 1.2015. Fundamentals Euro zone German and Euro zone ZEW gauges of Economic Sentiment The […]
Read moreNovember 18, 2014 7:20 am
Yesterday’s trade saw EUR/GBP within the range of 0.7955-0.8002. The pair closed at 0.7959, losing 0.32% on a daily basis. At 7:18 GMT today EUR/GBP was up 0.12% for the day to trade at 0.7968. The pair touched a daily high at 0.7970. Fundamentals Euro zone German and Euro zone ZEW gauges of Economic Sentiment […]
Read moreNovember 17, 2014 4:03 pm
Majestic Wine, the British wine warehouse chain, stated a decline in profit for the first half, due to increased competition and higher investment costs. Pre-tax profit fell 10% to £8.5 million compared to last years result. The company explained that the “previously announced investments” to upgrade its distribution network, website and customer database hurt performance, […]
Read moreNovember 17, 2014 2:30 pm
Reckitt Benckiser Group PLC has launched a plan to spin off its pharmaceutical division and list it on the London Stock Exchange as a stand-alone company under the name of Indivior Plc. Investors will get one share in the new demerged company for every share they own in RB. The spin-off, if approved by shareholders […]
Read moreNovember 17, 2014 1:25 pm
Royal Bank of Scotland Group PLC, 81% owned by the British government, is faced with a fine worth tens of millions of pounds for a big IT breakdown that left customers without access to their banking accounts. RBS could be fined with as much as £50 million by the Financial Conduct Authority over its IT […]
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