Search Results for: German market
European Stocks Fall From 2008 High; Sika, Saint-Gobain Plunge
December 8th, 2014
A slump in construction companies sent European stocks down after a four-week rally. The Stoxx Europe 600 Index slid 0.4 percent to 349.75 at 9:34 a.m. in London after a 1.1 percent increase last week propelled it to its ...
Asia stocks dip, somber data offsets strong U.S. job numbers
December 8th, 2014
Asian shares were mostly lower on Monday after sobering data highlighted the sluggishness of the region’s key economies and tempered the lift from much stronger-than-expected U.S. employment numbers. Spreadbetters expected a subdued start for European stocks, forecasting Britain’s FTSE .FTSE, Germany’s ...
Technical Analysis: Currency pairs – Dec 08
December 8th, 2014
Technical Analysis for December 08, 2014 EUR/USD moves lower once again crossing the last bottom line. The next target will be 1.225 and once it breaks that level it will target 1.2 for the long term. A reversal to ...
Technical Analysis: Currency pairs – Dec 05
December 5th, 2014
Technical Analysis for December 05, 2014 EUR/USD crossed 1.23 line and retraced to 1.245 again. Even though EUR/USD almost trading in the sideways again, eventually it moves down again to 1.238. The next movement will retest 1.23 level once ...
Euro zone risks return to contraction, China outlook smoggy
December 4th, 2014
The euro zone economy may face another contraction after business activity grew less than expected in November, although although Asian readings were more upbeat, while U.S. data was mixed in global surveys published on Wednesday. Firms across the euro ...
Sweetheart tax avoidance deals to receive greater scrutiny from the EU
December 3rd, 2014
Draft legislation to oblige sharing of corporation tax deals, as Germany, France and Italy pressure Juncker over Luxembourg The European commission has pledged to fast-track new legislation to establish greater scrutiny over sweetheart tax avoidance deals for big companies. ...
Gazprom to build new 63 bcm Black Sea pipeline to Turkey instead of S. Stream
December 2nd, 2014
Gazprom CEO Aleksey Miller said the energy giant will build a massive gas pipeline that will travel from Russia, transit through Turkey, and stop at the Greek border – giving Russia access to the Southern European market. The pipeline ...
Dollar Rises to 7-Year High Versus Yen on Economy; Aussie Slides
December 1st, 2014
The dollar rose to a seven-year high versus the yen before data forecast to show U.S. manufacturing outpaced global peers, reinforcing the outlook for higher interest rates in the world’s largest economy. The greenback extended gains against the currencies of commodity-producing ...
OPEC inaction halts Europe rally; dollar firms
November 28th, 2014
Oil prices extended their recent slide on Friday, sending related shares and currencies lower, after OPEC decided to refrain from cutting output despite a supply glut. Brent crude LCOc1 touched a low of $71.12 a barrel after settling at ...
Technical Analysis: Currency pairs – Nov 28
November 28th, 2014
Technical Analysis for November 28, 2014 EUR/USD is tried to target 1.26 after breaking 1.252 line but rebounce to 1.246. Next it will retest the 1.26 level again for the higher movement but a reversal under 1.24 will target ...