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- U.S. bonds the cheapest since 1990 versus German bunds
20/05/2013 05:21:50 PM
- Bank of England`s King sends messages to Carney
20/05/2013 09:07:10 AM
- Weidmann warns France of falling behind deficit goals
20/05/2013 08:10:47 AM
- Japan leading, coincident indexes rise in March
20/05/2013 05:09:05 AM
- Amari warns from further decline in yen
20/05/2013 02:44:00 AM
Top Headlines
First 100 records from the search criteria
A calm U.S day with still movements within the currencies market
So far throughout the US session major pairs consolidated as a result of technical movements and also as today we witnessed a calm day on the U.S soil with a lack of data released. Yet Dallas Federal Reserve’s President Richard Fisher told CNBC reporters earlier that a scale back...20/05/2013 05:37:53 PM
U.S. bonds the cheapest since 1990 versus German bunds
U.S. government debt dropped to the least costly level since March 2011, when measured by real yields and the best relative value compared with German bunds in more than 23 years, after the longest descent in Treasuries in 2013. Subjected to inflation, 10-year U.S. notes yielded 0.91 p...20/05/2013 05:21:50 PM
Silver hits 2-year low, Gold, Oil higher as U.S. dollar falters
Silver hit a two-and-a-half-year low on Monday, led by fund liquidation in Asian trade; while gold wavered between gains and losses, after seven days’ losses based on speculation the US Federal Reserve may end its stimulus program, while a weaker U.S. dollar boosted commodities like gol...20/05/2013 04:22:13 PM
European stocks rally at record highs, FTSE 100 hits 13-year high
European stocks climbed to new record highs on Monday, boosted by a rally in German stocks, with banks and automakers the best performers, with the British benchmark FTSE 100 index closing at its highest level in 13 years. U.K.`s FTSE 100 index ended at the highest closing level since ...20/05/2013 04:10:17 PM
Wall Street opens lower after record run, acquisition deals in focus
U.S. stocks opened slightly lower on Monday, after major benchmark stock indices soared to record highs last week, with acquisition deals talk dominating investor attention. The Dow Jones Industrial Average dropped 0.18% to 15327.95 points. The S&P 500 index was down 0.06% to 1666....20/05/2013 01:58:10 PM
Yahoo to buy Tumblr for $1.1 billion in a power shift deal
Internet giant, Yahoo, agreed to buy blogging site Tumblr for $1.1 billion in a deal that “highlights the shifting balance of power in the technology business”. The deal is a surprise because the six-year-old company with more than 100 million users and just 175 emplo...20/05/2013 01:11:04 PM
Calm Trading Dominated by Corrective Actions
A calm start of the week with the absence of fundamentals from major economies, where correctional movements are dominating the scene amid some holidays at European banks, ahead of important economic events and data later in the week. Starting with the star of the last two weeks w...20/05/2013 12:40:28 PM
Dollar weakens on bets Fed set to slow easing, yen gains on Amari’s notes
The dollar gave up some of its recent gains against other major currencies on Monday amid bets the Federal Reserve will slow its stimulus program on signs the world’s biggest economy is accelerating. Dallas Federal Reserve’s President Richard Fisher told CNBC reporters e...20/05/2013 12:23:55 PM
U.S. stock futures slightly changed, Yahoo! in focus after Tumblr deal
Wall Street is set for a calm session on Monday following the fourth consecutive week of gains for the Dow Jones Industrial Average and the S&P 500, with no economic data on today’s agenda, with Yahoo! in focus on Tumblr deal talk. Futures on the Dow Jones Industrial Ave...20/05/2013 11:36:22 AM
Bank of England`s King sends messages to Carney
Bank of England Mervyn King gave some messages to his successor Mark Carney, who will take charge of the BOE on July 1, in an interview on Sky News television broadcast on Sunday, telling him signal how long interest rates will remain low and not to run as a `a one-man show.` First,...20/05/2013 09:07:10 AM
Asian stocks rally as cheerful data boosts confidence
Asian stocks edged higher on Monday boosted by the record closing high for U.S. equities following the positive consumer sentiment and future economic activity data on Friday. The MSCI Asia Pacific Index gained 1.2% to 144.18 as of 14:47 in Hong Kong. Japan`s Nikkei hit a new...20/05/2013 08:38:14 AM
European stocks edge up, track US and Asia gains
European markets opened mostly higher on Monday trading, mirroring gains of global markets after improving consumer sentiment data from the U.S. helped to assure investors of the recovery in the world`s largest economy. European shares are trading mostly higher to set a new five-yea...20/05/2013 08:28:52 AM
Weidmann warns France of falling behind deficit goals
Germany`s Federal Reserve Bundesbank President Jens Weidmann called France to take deficit cut rules more seriously to shave budget deficits, signaling it has `special` obligations in the euro area. In an interview with the Bild newspaper published Sunday, Weidmann indicated that co...20/05/2013 08:10:47 AM
Crude falls on moderate demand outlook; Middle East tensions provide sup...
Crude is seen trading below $96.00 a barrel as the moderate outlook for demand and the ample supplies weigh on oil; yet the strong equity markets and the rising tensions in the Middle East tensions provide support. “Primarily the outlook for demand growth is pretty moderate...20/05/2013 07:29:36 AM
Gold drops as Fed discusses end of easing, silver slumps to 32-month low
Gold extended losses on Monday trading session, falling for the eighth straight session to its weakest in a month on fears that the U.S. Federal Reserve may wind back its monthly bond purchases from the third quarter. Gold dropped sharply on Monday after some Federal Reserve officia...20/05/2013 06:33:33 AM
China home prices rise in 68 cities, premier in spotlight
Home prices in 68 out of 70 cities in China rose last month, the fourth consecutive year-on-year increase, pressing Prime Minister Li Kequian to employ measures to cool down skyrocketing property market prices amid slowing economic growth. City of Guangzhou was hit by the biggest incr...20/05/2013 02:34:48 AM
FOMC minutes, Bernanke’s testimony to set the tone next week
The next week will feature housing data, minutes of the last meeting of the Federal Open Market Committee and testimony from Federal Reserve Chairman Ben Bernanke. Bernanke will testify before the Congressional Joint Economic Committee Wednesday at 10:00 a.m. ET, discussing current ...19/05/2013 11:42:52 AM
U.K. Economic Data And EU Leaders Summit In Focus
This week, the main focus will be on important fundamentals from the U.K. in addition to important events and data from the euro area. Perhaps more attention will be given to BOE minutes as investors aim to know how this month’s monetary decision, which included a hold in both in...19/05/2013 11:40:37 AM
BoJ to announce rate decision, China to release HSBC manufacturing activity
This week kicks into a higher gear as Japan`s central bank readies to announce its benchmark interest rate decision for May after the nation delivered optimistic data, signaling recovery of Asia`s second-top economy. The Bank of Japan reduced the overnight call rate to between zero and...19/05/2013 11:38:00 AM
A mixed but mostly gloomy week for the U.S
The data so far released throughout this week from inclined jobless claims, weaker manufacturing conditions poor housing starts and inflation falls to signal continued Fed stimulus while that Federal Reserve Bank of San Francisco President John Williams said the central bank may begin slowing...18/05/2013 03:31:37 PM
Unsatisfied week in Europe as Eurozone GDP contracts, gold slumps
Last week, choppy and volatile market movements was the dominant sentiment, gold markets were rattled under heavy downside pressures over the worsening debt crisis in Europe and fears were heightened by the prevailing jitters over the slowing global recovery. While Eurozone finance min...18/05/2013 03:29:05 PM
Wall Street finished the week in green
U.S. stocks climbed higher on Friday’s opening till the local stock market closed the week in green, buoyed by a positively over-the-roof increase in consumer sentiment which rose to pre-crisis levels, and an above forecast rise in leading indicators, sending the U.S. dollar to a three-...17/05/2013 08:40:41 PM
Apple lost its edge among investors in Global Poll
So far it was reported by the latest Bloomberg Global Poll that the world’s most valuable technology company; Apple Inc, has actually and surprisingly its edge among investors. In fact the company’s shares are down 40 percent from last year’s high and the company paid...17/05/2013 08:28:36 PM
Pairs consolidate as the week takes an end
Throughout the US session today we watch the major pairs narrow trade today as the market is close to close and the week is ending as a result of present technical movements and also the presence of mixed sentiments; fears and hopes, with most of the data this week coming out gloomy or below ...17/05/2013 08:09:24 PM
The precious yellow metal plunges in New York
Gold so far plunged in New York mainly as many investors lost faith in as a store of value although confidence is spread on the U.S soil with its shares inclining as soon as the local stock market opened as an index released today showed that confidence is strengthening yet gold fell to trade...17/05/2013 04:33:48 PM
Press Release
- FOREX industry celebrates the JFEX 2013 awards winners
- ICM Capital Announced Silver Sponsors at 8th Jordan Forex Expo and Award
- Dubai hosts the 11th MENA Investment opportunities in Forex markets Exhibit and confference
- Facebook launches ‘Home’ to turn the Android phone into a social phone
- Intel and IDC predict the future of computing devices in Saudi Arabia