October 31, 2014 2:43 pm
International Consolidated Airlines Group SA, owner of British Airways and Iberia, reported strong results in the third quarter, a complete contrast with strike-hit rivals Lufthansa and Air France-KLM. IAGs operating profit before exceptional item stood at €900 in the recent quarter, a 23% increase compared to last year and better than analysts expectation of €879 […]
Read moreOctober 31, 2014 1:11 pm
Sony Corp. reported a smaller loss than expected in the second fiscal quarter as PlayStation 4 sales limited the impact of a writedown of its smartphone business. Japans Sony stated a net loss of ¥136.0 billion, highly due to the ¥180 billion book value reduction of its Xperia unit. Since the company announced the writedown […]
Read moreOctober 31, 2014 10:21 am
Royal Bank of Scotland reported a third-quarter profit above analysts expectations even as it set aside provisions to cover any potential fines related to the ongoing investigation into alleged manipulation of the currency market. The bank reported it has put away a £400 million provision associated with the investigation and another £100 million to compensate […]
Read moreOctober 31, 2014 9:57 am
Yesterday’s trade saw GBP/CAD within the range of 1.7845-1.7952. The pair closed at 1.7900, unchanged on a daily basis. At 9:55 GMT today GBP/CAD was up 0.03% for the day to trade at 1.7906. The pair touched a daily high at 1.7937 at 8:30 GMT. Fundamentals Canada Canadian Gross Domestic Product (GDP) probably remained flat […]
Read moreOctober 31, 2014 9:07 am
Citigroup Inc. set aside $600 million in provisions to cover legal expenses related to an ongoing investigation over allegations that the bank manipulated the currency market. The bank said it is in negotiation talks with UK regulators, while cooperating with criminal and antitrust investigations by the Justice Department. Citigroup is one of the six banks […]
Read moreOctober 31, 2014 9:05 am
Yesterday’s trade saw USD/CAD within the range of 1.1160-1.1224. The pair closed at 1.1187, gaining 0.06% on a daily basis. At 8:58 GMT today USD/CAD was up 0.17% for the day to trade at 1.1207. The pair touched a daily high at 1.1220 at 7:25 GMT. Fundamentals United States Personal Income and Personal Spending Personal […]
Read moreOctober 31, 2014 8:28 am
Yesterday’s trade saw USD/RUB within the range of 41.190-43.884, reaching a new all-time high. The pair closed at 41.586, losing 3.69% on a daily basis. At 8:25 GMT today USD/RUB was up 1.84% for the day to trade at 42.238. The pair touched a daily high at 42.287 at 8:26 GMT. Fundamentals United States Personal […]
Read moreOctober 31, 2014 8:04 am
Yesterday’s trade saw EUR/USD within the range of 1.2546-1.2640. The pair closed at 1.2613, losing 0.15% on a daily basis. At 8:01 GMT today EUR/USD was down 0.36% for the day to trade at 1.2567. The pair broke the first key daily and the first key weekly support levels and touched a daily low at […]
Read moreOctober 31, 2014 7:54 am
Time Warner Cable Inc lost more TV customers than analysts had expected in the third quarter as more users signed up for online streaming services while the company awaits approval to merge with Comcast Corp. Time Warner, the second largest U.S cable TV operator, reported a decrease of 184 000 net customers during Q3, an […]
Read moreOctober 31, 2014 7:44 am
Yesterday’s trade saw EUR/NOK within the range of 8.4391-8.4932. The pair closed at 8.4537, losing 0.26% on a daily basis. At 7:41 GMT today EUR/NOK was down 0.41% for the day to trade at 8.4229. The pair broke the first key daily support level and touched a daily low at 8.4113 at 7:48 GMT. Fundamentals […]
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