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The Bombay Stock Exchange's main index BSE -30 629.82 points lower during yesterday's trading session was recorded, which in today's early trading 340.45 points or 1.27 percent stronger reached 27217.93 points. Similarly, the National Stock Exchange's Nifty -50 114 points or 1...
Market News
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shilpa soni, 13 May 2015, 12:32
Gold-Usd correlation is yet another significant forex market indicator. Gold, denominated in terms of the U.S. dollars, directly impact price movement of EURUSD. Due to its relative rarity and historical significances, it is considered as one of the most treasured metal in the world...
Metals
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Sergey Golubev, 13 May 2015, 12:11 #Trading Strategies, xauusd
On Wednesday sterling climbed to fresh five-month highs against the U.S. dollar, after data indicated that U.K. unemployment rate dropped to a six-and-a-half year low in April. Sentiment for the greenback remained fragile...
Currency
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News, 13 May 2015, 11:29 #eur/gbp, GBP/USD, forex news
On Wednesday U.K. stocks rose, with shares of brewer SABMiller PLC among the leaders. The British currency rose ahead of monthly jobs data and the Bank of England’s quarterly inflation update...
Market News
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News, 13 May 2015, 10:23 #Bank of England, FTSE 100
On Wednesday Asian shares were mostly higher despite another series of downbeat Chinese economic reports, as investors instead hoped for further stimulus from Beijing to prevent a bigger slowdown in the world's second-largest economy...
Market News
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News, 13 May 2015, 08:55 #dax, FTSE 100, Nikkei
Technical Analysis Of The Financial Markets-John J Murphy John J. Murphy has now updated his landmark bestseller Technical Analysis of the Futures Markets, to include all of the financial markets...
Market News
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Sergey Golubev, 13 May 2015, 03:11 #technical analysis
At the beginning of the week, silver, copper, platinum and palladium all dropped after on Sunday the People's Bank of China cut its interest rates for the third time since November. Efforts by China’s regulator failed to ease traders’ concerns over the country’s slow economic pace...
Metals
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News, 12 May 2015, 18:45 #Palladium, Platinum, comex
On Tuesday gold prices surged, as a broadly weaker U.S. dollar fuelled the appeal of the yellow metal, while investors eyed gains in global bond yields...
Metals
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News, 12 May 2015, 16:36 #comex, copper, IMF
“Market participants should be able to think right along with policymakers, adjusting their views about the prospects for normalization in response to the incoming data,” said Federal Reserve Bank of New York President William Dudley on Tuesday, noting that the conditions that will determine the...
Market News
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News, 12 May 2015, 15:16 #Janet Yellen, FOMC, Fed
On Tuesday morning the U.S. Treasury market saw a huge selloff, with the yield on the benchmark 10-year Treasury rising 5.9 basis points to 2.331%, the highest point since Nov. 21...
Market News
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News, 12 May 2015, 14:41
Although gold slightly declined at the beginning of the week, following the third rate cut by the People's Bank of China within six months, Kitco News analyst Frank Holmes considers there is still a strong base for the gold...
Metals
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Alice F, 12 May 2015, 14:11 #China, metals, gold
On Tuesday the greenback edged lower versus its major rivals amid a renewed selloff in European government bond and stock markets. Euro was sent soaring...
Currency
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News, 12 May 2015, 13:06 #usd/jpy, forex news
On Tuesday the pound rose to five-month highs against the dollar after data indicated that in March U.K. industrial output grew at the fastest rate in half a year, easing concerns that the country's economic growth is contracting...
Currency
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News, 12 May 2015, 11:37 #eur/gbp, IMF, GBP/USD
On Tuesday gold was steady in rangebound trading, as market players watched gains in global bond yields while eyeing developments in Greece's debt negotiations...
Metals
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News, 12 May 2015, 09:52 #QE, comex, copper
On The euro pushed higher against the dollar on Tuesday after Greece repaid a loan installment to the International Monetary Fund. However, markets are still concerned about the Greek financial situation...
Currency
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News, 12 May 2015, 09:07 #eur/gbp, IMF, usd/jpy
The dollar pulled back from session highs but remained supported by Friday's U.S. employment data and as trading was expected to remain quiet with no major U.S. data to be released throughout the day...
Currency
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News, 11 May 2015, 17:06 #AUD/NZD, IMF, usd/jpy
As expected, the Bank of England made no changes to monetary policy at its meeting on Monday. The British currency was hardly impacted by the decision holding steady around $1.5484...
Market News
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News, 11 May 2015, 13:43 #QE, Bank of England, FTSE 100
On Monday the greenback was broadly higher against its peers, as the dollar was supported after Friday's U.S. employment data...
Currency
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News, 11 May 2015, 13:16 #Bank of England, usd/jpy
On Monday the pound slid against its U.S. peer, as markets expected the Bank of England's monetary policy statement due later in the day and as demand for the dollar was broadly bolstered...
Currency
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News, 11 May 2015, 11:31 #Bank of England, eur/gbp
On Monday crude-oil futures struggled for direction as market players estimated the impact of a mildly positive U.S. April employment report and as there still were fears over excessive supply...
Crude Oil
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News, 11 May 2015, 09:20 #WTI, Brent, crude oil