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On Tuesday gold prices weakened in the Asian session, while safe havens like the US Treasuries and the Japanese yen were higher. Market players await further cues on the timing of the Fed rate hike...
Metals
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News, 14 April 2015, 08:51 #metals, usd/jpy, forex news
JP Morgan CEO Jamie Dimon showed his concerned as he feels the traditional banking world is facing huge competition from Bitcoin. He warned investors and those in the banking industry that “Silicon Valley is coming...
Currency
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Sergey Golubev, 14 April 2015, 03:11 #Cryptocurrency, bitcoin
On Monday oil prices rose for a third straight session on lingering expectations that U.S. crude-oil production is set to slow...
Crude Oil
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News, 13 April 2015, 17:05 #Brent, crude oil
On Monday the euro eased off one-month lows but gains were limited as expectations for an upcoming U.S. rate hike, as well as Greece jitters undermined the sentiment on the single currency...
Currency
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News, 13 April 2015, 16:42 #QE, Mario Draghi, eur/gbp
On Monday the greenback remained broadly higher against its peers, as hopes for a U.S. rate hike in the coming months continued to support the US currency...
Currency
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News, 13 April 2015, 14:57 #usd/cad, GBP/USD, forex news
On Monday gold prices edged lower in a quiet trade, as investors awaited key U.S. data later this week for further indications on the strength of the economy and the timing of an interest rate hike...
Metals
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News, 13 April 2015, 13:02 #comex, copper, silver
On Monday an unexpected fall in Chinese exports put pressure on the Australian dollar, although Asian stocks shrugged off the data, boosted by expectations of fresh economic stimulus from Beijing...
Market News
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News, 13 April 2015, 11:12 #Nikkei, China, metals
On Monday crude oil futures jumped 1%, as downbeat Chinese figures added to bets that policymakers in Beijing may implement further stimulus measures...
Crude Oil
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News, 13 April 2015, 10:32 #WTI, Brent, China
US Dollar index moved higher by around 3% during the week closing around the 99.40 mark on Friday as markets looked past the weaker Jobs data during the start of the month...
Market News
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shilpa soni, 13 April 2015, 10:07
On Monday the pound slid to fresh five-year lows against the dollar, as downbeat data on UK industrial production and jitters about May general election continued to weigh...
Currency
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News, 13 April 2015, 09:20 #eur/gbp, GBP/USD, forex news
Coinbase has announced the second edition of its Bitcoin Hackathon wherein it is going to award developers $70,000 worth of prizes. There will be total five winners out of which one will have a chance to win a spot in a BoostVC accelerator class...
Currency
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Sergey Golubev, 13 April 2015, 09:11 #Cryptocurrency, bitcoin
Forget the weather, it must be the smog. China just announced total carnage in its trade data for March: CHINA'S MARCH IMPORTS FALL 12.3% Y/Y IN YUAN TERMS; EST. -11.3% CHINA'S MARCH EXPORTS FALL 14.6% Y/Y IN YUAN TERMS; EST. +8.2% CHINA'S MARCH TRADE SURPLUS 18...
Market News
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Oleg Kiryanov, 13 April 2015, 06:26
The Eurozone’s False Recovery LONDON – At first glance, the eurozone economy seems like it might finally be on the mend. Stock markets are rallying. Consumer confidence has picked up...
Market News
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Oleg Kiryanov, 11 April 2015, 14:21
On Friday growing expectations for a US rate hike lent a broad support to the greenback pushing it higher against its peers...
Currency
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News, 10 April 2015, 15:44 #usd/jpy, GBP/USD, forex news
Gold bounced off of its $1,140 to $1,150 support zone after the March FOMC meeting that sent dollar reeling, but has since struggled at its key psychological level at $1,200. If gold’s bounce continues, $1,300 (the January high) is the next resistance level to watch...
Metals
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Sergey Golubev, 10 April 2015, 15:11 #silver, gold
On Friday the dollar was higher against its peers, as growing expectations for a U.S. rate hike by the middle of the year continued to lend broad support to the greenback...
Currency
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News, 10 April 2015, 11:45 #usd/cad, usd/jpy, GBP/USD
Nifty Market The market fell marginally in opening trade on last day of the week. The Sensex declined 58.69 points to 28826.52 and the Nifty slipped 18.25 points to 8760.05. About 583 shares have advanced, 398 shares declined, and 97 shares are unchanged on the BSE. Cipla lost more than 2 percent...
Market News
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shilpa soni, 10 April 2015, 07:06 #Trading
On Thursday the pound eased off its previous losses against the dollar, after the Bank of England left its monetary policy unchanged while a downbeat report on the U.K. trade balance continued to weigh...
Currency
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News, 9 April 2015, 13:54 #Bank of England, eur/gbp
Nifty Market The market extended its rally after Moody's upgraded India's outlook to positive from stable. The Sensex climbed 161.63 points to 28869.38 and the Nifty jumped 41.80 points to 8756.20. FMCG, technology, auto, oil and select banks stocks gained while healthcare stocks fell...
Market News
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shilpa soni, 9 April 2015, 13:28