October 30, 2014 9:05 am
Samsung Electronics Co. Ltd reported the smallest quarterly earnings since 2011 as the giant faces increased competition from lower-cost Chinese rivals and Apple Incs new iPhones. Earlier this month the company warned about weak performance in the third quarter. On Thursday, the worlds biggest technology company by sales reported operating profit of KRW 4.06 trillion, […]
Read moreOctober 30, 2014 8:33 am
Yesterday’s trade saw NZD/USD within the range of 0.7766-0.7978. The pair closed at 0.7802, losing 1.49% on a daily basis. At 8:24 GMT today NZD/USD was down 0.21% for the day to trade at 0.7786. The pair touched a daily low at 0.7774 during early Asian trade. Fundamentals New Zealand The number of building permits […]
Read moreOctober 30, 2014 8:03 am
Yesterday’s trade saw EUR/USD within the range of 1.2629-1.2772. The pair closed at 1.2632, losing 0.80% on a daily basis. At 7:53 GMT today EUR/USD was down 0.35% for the day to trade at 1.2589. The pair broke the first key daily and the first key weekly support levels to touch a daily low at […]
Read moreOctober 30, 2014 7:38 am
Yesterday’s trade saw EUR/GBP within the range of 0.7885-0.7917. The pair closed at 0.7890, losing 0.05% on a daily basis. At 7:34 GMT today EUR/GBP was down 0.11% for the day to trade at 0.7881. The pair broke the first key daily support and touched a daily low at 0.7877 at 7:31 GMT. Fundamentals Euro […]
Read moreOctober 30, 2014 7:21 am
Yesterday’s trade saw EUR/CHF within the range of 1.2038-1.2072. The pair closed at 1.2063, unchanged on a daily basis. At 7:19 GMT today EUR/CHF was up 0.01% for the day to trade at 1.2064. The pair touched a daily high at 1.2065 at 7:20 GMT. Fundamentals Euro zone Spanish Gross Domestic Product – preliminary The […]
Read moreOctober 29, 2014 4:07 pm
LG Electronics Inc. reported a significant rise in operating profit for the third-quarter, beating analysts expectations thanks to increased smartphone sales. LG reported revenue of KRW 14.92 trillion in the third quarter, a 7.4% increase compared to a year earlier, which led to more than doubled operating profit of KRW 461 billion and a 87% […]
Read moreOctober 29, 2014 3:38 pm
Natural gas rose for a second day on Wednesday on speculations that below-average temperatures across the Midwest and Northeast through the end of the week will induce considerable heating demand. However, extended weather forecasts showing mild conditions across most of the US in the first 10 days of November kept gains in check. On the […]
Read moreOctober 29, 2014 11:09 am
Nintendo Co. reported increased net profit in the six months ended September 30, boosted by a weaker yen and strong sales of iconic video game titles, as the company aims to turn the tide and return to profit in the end of the business year. The Japanese video game maker stated a revenue of ¥171.4 […]
Read moreOctober 29, 2014 9:53 am
Yesterday’s trade saw USD/BRL within the range of 2.4590-2.5225. The pair closed at 2.4613, losing 2.43% on a daily basis. This has been the most considerable daily loss since September 18th 2013. At 9:52 GMT today USD/BRL was down 0.01% for the day to trade at 2.4615. The pair touched a daily low at 2.4609 […]
Read moreOctober 29, 2014 9:08 am
Gold held positions above a two-week low as investors weighed the strength of the U.S. economy based on mixed data before the Federal Reserve concludes a policy meeting at which it is expected to end its Quantitative Easing program. Comex gold for delivery in December traded at $1 228.8 per troy ounce at 8:50 GMT, […]
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