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EUR/USD Today’s support: - 1.3590(main),where correction is possible. Break would give 1.3567, where correction also may be. Then follows 1.3544. Break of the latter would result in 1.3500. If a...
The Tea Party Patriots are angry… again, or at least one of member of the political group isn’t a happy camper on learning that the House of Representatives passed an increase in the...
US retail sales are expected to rise 0.2% in tomorrow’s January report vs. the previous month, according to The Capital Spectator’s median econometric forecast. The prediction matches the...
There have been several developments, but the global capital markets are mostly quiet. The US dollar is little changed against most of the majors (sterling is the exception), though the dollar-bloc is...
The major economic news for Wednesday starts with the December report on industrial production for the Eurozone. Soon afterwards, the Bank of England publishes its inflation report, which will be...
European markets are tracking their gains from the US markets and set to rise once again on the back of the Janet Yellen speech. Traders certainly welcomed her yesterday, and her testimony has...
The US markets, equities in particular, staged a nice rally as new Federal Reserve Chair Janet Yellen reassured us that the bank will leave monetary policy as is and continue to provide some...
Market Drivers February 12, 2014China Trade data much better pushes Aussie higherAll eyes on Mark Carney for BOE Inflation reportNikkei 0.56% Europe 0.31%Oil $100/bblGold $1285/oz.Europe and Asia:AUD...
The recent data coming out of the United Kingdom has prompted the Bank of England to stay its course and not change its current monetary policies. Interest rates are kept at the current 0.5 percent...
Stock markets have had an excellent start to the week and are now up for the fourth day in succession, largely as a result of comments from new Head of the Federal Reserve, Janet Yellen.Yellen,...
Shares of The Walt Disney Company (DIS) have gained momentum since the company released its first quarter fiscal 2014 results on Feb 5, 2014. Since the release, the stock price has moved up by 7.4%....
TripAdvisor Inc (TRIP) announced earnings after the bell today, posting an EPS of $0.15, slightly beating the Zacks Consensus Estimate of $0.14, and Revenues of $212.7 million, surpassing the Zacks...
EQT Corporation (EQT) is set to report fourth quarter 2013 results on Feb 13 before the opening bell. Last quarter it posted a +16.00% surprise. Let’s see how things are shaping up for this...
SodaStream International, Ltd. (SODA), leading maker of beverage carbonation systems for homes, has entered into a strategic alliance with Skinnygirl, a lifestyle company created by Bethenny Frankel,...
Global equity markets have slumped, risk capital has been repatriated to the US and commodity prices have retrenched.Is 2014 going to be a reverse of 2013, when the S&P 500 rose by 30% and...