Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
UK PMI Manufacturing SlumpsPMI manufacturing in the U.K. came in line with expectations at 57.5 in June; yet, lower than May’s reading of 58.0.
European manufacturing expansion halts in JuneEuropean PMI manufacturing lingered at 55.6 in June, in line with both previous and estimated.
Spain credit rating might be cut by Moody’s Investors ServiceSpain might [...]
Mon, Mar 8 2010, 06:16 GMT
Major currencies starting trading this week gaining against the dollar extending its correctional move started by the end of last week. The USDIX that tracks the dollar’s strength against a basket of major currencies fell in today’s Asian session to record a low of 80.13 and a [...]
TORONTO (Reuters) –
Toronto's main stock index finished higher for a seventh straight session on Thursday, led by
shares, which got a boost from better than expected results from
.
Barrick, the world's biggest
, led all heavyweight gainers, up 3.3 percent at C$40.94, after it announced plans to spin off its African assets into a [...]
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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as [...]
Fri, Jan 29 2010, 16:24 GMT
by ecPulse.com analysis team
Swiss KOF leading indicator for rose to 1.77 in January from 1.68 in December revised to 1.73 which is higher than forecasts of 1.71.
Euro Zone’s CPI flash estimate for the year ending January rose to 1.0% from 0.9%, lower than expectations of [...]
Tue, Jan 26 2010, 09:07 GMT
USD rallied back in the Asian session, as news that China was againraising its reserve requirements on select banks and S&Ps loweringof Japans outlook spooked investors. Yesterday, Wall Street was able toclose on a postive note, but news from China and Japan clouded thesentiment.The Nikkei closed down [...]
Tue, Jan 19 2010, 08:23 GMT
The USD drifted lower in yesterday’s thin holiday markets but has since recovered to almost flat on the day (DXY 77.00) after news of another hike in the yield of Chinese 1-year bills and confirmation of the long-speculated filing for bankruptcy protection from troubled Japanese airline JAL. [...]
On Monday, bonds lingered with a positive bias in a tight sideways range for the whole session
Tue, Jan 19 2010, 08:10 GMT
On Monday,
bonds lingered with a positive bias in a tight sideways range for the whole session. The closure of US markets and the absence of economic data or other [...]
Mon, Jan 18 2010, 04:50 GMT
The bearish sentiment in energy market is carried forward to this week. WTI crude oil price extends the fall to 77.07 in Asian session Monday. While we are having a light calendar today, investors continue to sell the commodity because of the weak economic data released [...]
Thu, Jan 14 2010, 10:18 GMT
The USD was slightly weaker in Asian session, as risk appetite returned. Wall Street was able to rally on the back of higher than expected inventory build, which pushed crude to $80.13bbl. Asian regional indexes were able to buck yesterday’s poor performance and recoup most of their [...]