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Industrial Production released by Eurostat showed industrial production volume such as factories and manufacturing. Uptrend is regarded as inflationary which may anticipate interest rates to rise...
The Producer Price Index released by the Bureau of Labor Statistics, Department of Labor measures the average change in prices in the key US market by producers of commodities in all states for processing. IHP changes are widely followed as an indicator of commodity inflation...
W1 price is located below 200 period SMA and 100 period SMA with the secondary ranging within the primary bearish market condition: The price is ranging between 1.0428 support and 1.1441 resistance levels...
EUR/USD: 'With yesterday’s downside correction out of the way there’s a big question mark over what the next step from here will be. However as long as the hourly pattern with lower highs remains in place (i.e. staying below 1.1278) we will hold a light downside bias...
W1 price is on primary bullish located above 200 period SMA and 100 period SMA: The price is on primary uptrend stopped by 125.85 resistance level on this weekly timeframe...
The euro slid lower on Friday as the IMF said in a note there’s been “no progress” in narrowing differences between Greece and its international lenders to avoid a default...
US DOLLAR TECHNICAL ANALYSIS Prices declined to a three-week low after breaking range support. A daily close below the 61.8% Fibonacci retracement at 11790 exposes the 76.4% level at 11731...
With the launch of this new service, users will be able to book hotels via the hotel channel of Gome.com.cn. The hotel channel will enable booking of 280,000 hotels across China...
As the World Bank downgraded its global economic outlook for 2015 blaming contraction in emerging market economies and weaker performance in the U.S., investors got worried over emerging markets' ability to pay for ballooning obligations...
COMMODITIES GOLD Reviews These 10 countries with the Reviews largest gold reserves Developed countries still clutching the gold reserves in the world. Based on data from the World Gold Council by June 2015, the world's gold reserves reach 31 949 tonnes...
NEW YORK. Since the exchange floor, the largest e-commerce company in China, Alibaba Group Holding continues to grow the business and to accumulate good fortune. Most newer, Alibaba plans to invest in Snapchat, a photo sharing application. Alibaba will invest US $ 200 million in Snapchat...
NEW YORK. Efforts Alibaba Group Holding enlarge the contribution of revenue from outside China more aggressively. Alibaba Chairman Jack Ma's visit to the United States (US) to attract more sellers on Alibaba website...
One of the most difficult things in forex trading is knowing the action of the price reversal. In fact a great many technical analysis tools to help identification, but more widely used is a candlestick. Candlestick used as the first clue in identifying the market...
The euro was down against the dollar on Thursday as the greenback gained ground in front of U.S. economic reports later in the day, which were estimated to underline expectations for higher interest rates. EUR/USD was last at 1.1258, down from Wednesday’s highs of 1.1385...
"A lot of the FX market is blindly following the oil price, not least because a year ago the price was USD 94 and the forecast for Q2 2015 was for little change," SocGen argues...
In their recent report, Nomura analysts say recent data suggests that U.S. economy may be gaining momentum, however, a stronger dollar and a drag from the energy center could test the recovery...
The greenback declined vs peers on Thursday, after data indicated that U.S. jobless claims rose slightly more than expected last week, although U.S. retail sales increased more than initially anticipated in May...
Estonian Bank to Borrow Blockchain for Payment App Estonia-based LHV Bank recent announced to utilize Blockchain — Bitcoin’s underlying technology — to create a special money transfer application...
EURUSD: With EUR triggering a corrective weakness following its rejection candle print on Wednesday, downside risk is building up. While the 1.1378 level caps, our bias remains lower. Resistance is seen at the 1.1350 level with a cut through here opening the door for more upside towards the 1...
