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Saturday, 31 May 2014
Friday, 30 May 2014
Thursday, 29 May 2014
Forex - GBP/USD gains on weak U.S. economic growth report
The pound rose against the dollar on Thursday after data revealed the U.S. economy contracted more in the first quarter of this year than markets were expecting.
Cable was likely to find support at 1.6662, the low from April 15, and resistance at 1.6882, Tuesday's high.In...
Wednesday, 28 May 2014
U.S. stocks open slightly lower in thin trade; Dow Jones down 0.18%
U.S. stocks opened slightly lower on Wednesday, as trading volumes were expected to remain thin with no major U.S. economic reports to be released throughout the session, while Tuesday's upbeat data still lent some support.
U.S. equities found support on Tuesday after data...
Tuesday, 27 May 2014
Asian shares edge higher on Wall Street lead, Hang Seng up 0.83%
Asian shares followed Wall Street's lead from overnight, gaining on Wednesday after the S&P 500 closed at its second straight record.
Ahead, China's official manufacturing purchasing managers' index due at the weekend will be crucial for regional bourses.The gains in Asia...
Sunday, 25 May 2014
Asian shares mixed with trade thin ahead of U.S., U.K. holidays
Asian shares were mixed on Monday after initially moving higher, taking the lead from the U.S., where the S&P 500 on Friday closed at a record high.
The Ukrainian elections, which passed without serious incident, also supported sentiment. Pro-European Petro Poroshenko...
Forex Japanese yen weakens after BoJ minutes show minority dissent
The Japanese yen weakened against the dollar after the minutes of the April 30 board meeting released on Monday showed continued minority dissent over growth and inflation views.
Takahide Kiuchi and Takehiro Sato repeated objections to the outlook that inflation will be raised...
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