November 24, 2014 2:44 pm
BT Group Plc announced it is in talks to acquire either O2 or EE in order to expand its services and create a dominant fixed and wireless business. The London-based group said it had seen interest by shareholders in two different UK mobile operators – EE, a joint venture by Orange and Deutsche Telekom, and […]
Read moreNovember 24, 2014 1:00 pm
Aviva Plc, Britains second largest insurer by market capitalization, lost nearly 5% of its value after it announced it had reached a preliminary deal to acquire rival Friends Life. Last Friday, after the trading session in London ended, Aviva announced it had reached an agreement of £5.4 billion, or GBX 398.9 a share, in an […]
Read moreNovember 24, 2014 10:53 am
Natural gas fell for a second day as warmer temperatures reign over the southern and eastern US, however forecasts warned about incoming cold weather fronts. Natural gas for delivery in December fell by 5.04% to $4.051 per million British thermal units by 10:20 GMT. Prices held in a daily range between $4.067 and $4.006 during […]
Read moreNovember 24, 2014 9:44 am
Friday’s trade saw USD/CAD within the range of 1.1189-1.1327. The pair closed at 1.1231, losing 0.61% on a daily basis. At 9:39 GMT today USD/CAD was up 0.02% for the day to trade at 1.1235. The pair touched a daily high at 1.1249 at 9:05 GMT. Fundamentals United States Services PMI data by Markit Activity […]
Read moreNovember 24, 2014 9:36 am
Both West Texas Intermediate and Brent crude were little changed after China surprisingly reduced its interest rates, before the long awaited OPEC meeting on Thursday this week. A strong dollar weighed on prices. January US crude fell 0.03% to $76.49 per barrel by 09:18 GMT. Prices held in a daily range of $76.95-$76.32 a barrel. […]
Read moreNovember 24, 2014 9:17 am
Friday’s trade saw USD/MXN within the range of 13.5930-13.6737. The pair closed at 13.6200, losing 0.23% on a daily basis. At 9:06 GMT today USD/MXN was up 0.17% for the day to trade at 13.6395. The pair touched a daily high at 13.6431 at 9:04 GMT. Fundamentals United States Services PMI data by Markit Activity […]
Read moreNovember 24, 2014 8:17 am
Friday’s trade saw USD/CHF within the range of 0.9563-0.9709. The pair closed at 0.9694, gaining 1.18% on a daily basis. At 8:13 GMT today USD/CHF was down 0.04% for the day to trade at 0.9696. The pair touched a daily low at 0.9692 at 7:40 GMT. Fundamentals United States Services PMI data by Markit Activity […]
Read moreNovember 24, 2014 7:35 am
Friday’s trade saw EUR/GBP within the range of 0.7903-0.8006. The pair closed at 0.7914, losing 0.95% on a daily basis. At 7:22 GMT today EUR/GBP was down 0.05% for the day to trade at 0.7911. The pair touched a daily low at 0.7903 during early Asian trade. Fundamentals Euro zone German IFO Business Climate Business […]
Read moreNovember 23, 2014 8:11 am
Friday’s trade saw EUR/USD within the range of 1.2373-1.2571. The pair closed at 1.2390, losing 1.19% on a daily basis and 1.07% for the whole week. Fundamentals Euro zone German IFO Business Climate Business climate in Germany probably remained almost unchanged in November, with the respective gauge rising to 103.4 from 103.2 in September. The […]
Read moreNovember 22, 2014 9:04 am
Friday’s trade saw USD/SGD within the range of 1.2957-1.3019. The pair closed at 1.2998, losing 0.04% on a daily basis, while gaining 0.19% for the whole week. Fundamentals United States Services PMI data by Markit Activity in the US sector of services was probably little changed in November, with the corresponding preliminary Purchasing Managers Index […]
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