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Forex Market: USD/CAD daily trading forecast

November 13, 2014 10:35 am
Yesterday’s trade saw USD/CAD within the range of 1.1277-1.1360. The pair closed at 1.1316, losing 0.14% on a daily basis. At 10:31 GMT today USD/CAD was down 0.11% for the day to trade at 1.1308. The pair touched a daily low at 1.1302 at 9:00 GMT. Fundamentals United States Initial, Continuing jobless claims The number […] Read more

Google share price down, YouTube launches paid subscription service

November 13, 2014 10:33 am
Google Incs YouTube unveiled its long-awaited monthly subscription service called YouTube Music Key. The company announced that its new service is expected to launch in the upcoming weeks. The subscription will start at $7.99 per month and features add-free service with the ability to watch offline videos and listen to music while the phone is […] Read more

Forex Market: USD/PLN daily trading forecast

November 13, 2014 9:54 am
Yesterday’s trade saw USD/PLN within the range of 3.3731-3.3964. The pair closed at 3.3887, gaining 0.42% on a daily basis. At 9:51 GMT today USD/PLN was up 0.09% for the day to trade at 3.3858. The pair touched a daily high at 3.3933. Fundamentals United States Initial, Continuing jobless claims The number of people in […] Read more

EON share price down, income decreases on lower electricity prices and weaker currencies

November 13, 2014 9:06 am
E.ON SE reported decreased net income for the first nine months due to lower power prices and weaker Russian ruble. Germanys biggest utility by market capitalization reported underlying net profit of €1.435 billion, a 25% decrease compared with the €1.901 billion a year earlier. Lower power prices in Germany and across Europe crippled E.ONs performance. […] Read more

Forex Market: EUR/GBP daily trading forecast

November 13, 2014 8:39 am
Yesterday’s trade saw EUR/GBP within the range of 0.7799-0.7891. The pair closed at 0.7882, gaining 0.59% on a daily basis. At 8:35 GMT today EUR/GBP was up 0.18% for the day to trade at 0.7899. The pair broke the first key weekly resistance and touched a daily high at 0.7903 at 8:10 GMT. Fundamentals Euro […] Read more

Forex Market: EUR/JPY daily trading forecast

November 13, 2014 8:16 am
Yesterday’s trade saw EUR/JPY within the range of 143.30-144.72. The pair closed at 143.65, losing 0.55% on a daily basis. At 8:11 GMT today EUR/JPY was up 0.33% for the day to trade at 144.13. The pair touched a daily high at 144.32 at 7:35 GMT. Fundamentals Euro zone Italian consumer inflation Italys final annualized […] Read more

Yahoo! Inc share price up, to buy video-ad service BrightRoll

November 12, 2014 2:39 pm
Yahoo! Inc agreed to acquire the automated advertising service BrightRoll, boosting its presence in the video-ad real-time market. The internet portal announced it would pay around $640 million to purchase the start-up company. This would be the second-largest acquisition since Marissa Mayer became CEO two years ago. The deal would bolster Yahoo!s advertising power and potentially help […] Read more

Daimler AG share price down, to revive Maybach as a sub-brand of Mercedes

November 12, 2014 11:23 am
Daimler AG said it would release new high-end versions of its Mercedes-Benz S-Class, including a sports utility vehicle and a luxury limousine carrying the Maybach emblem. Daimler AG said that the Maybach logo will be brought back to life as a sub-brand of Mercedes. The limousine is expected to challenge BWMs ultra-luxury Rolls-Royce brand and […] Read more

BMW share price down, October sales increase on Chinese demand

November 12, 2014 10:36 am
BMW Group AG reported increased deliveries of its BMW, Mini and Rolls-Royce vehicles due to strong Chinese sales. The German car manufacturer reported a revenue jump of slightly over 11% in October to 184 297 shipments, boosted by a 20% rise in Chinese sales and the introduction of a new Mini model. Interest in the […] Read more

Natural gas trading outlook: futures extend losses on moderate weather forecasts

November 12, 2014 10:06 am
Natural gas continued to accumulate losses for a third consecutive day to drift further from a recently-hit four-month high on speculations of incoming warmer weather over the northern U.S. later this month. On the New York Mercantile Exchange, natural gas for delivery in December lost 1.34% to $4.190 per million British thermal units by 9:53 […] Read more