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Sensex ends 208 points, I ...

The market ended in the red down on Wednesday, the Sensex down 208 points in intraday market. The 30 share benchmark Sensex i

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UK Unemployment falls to ...

The UK Office for National Statistics (ONS) reported on Wednesday that the number of unemployed people in the UK has fallen b

posted by DannyBly 45 minutes ago read more >>
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Eurozone Inflation Falls ...

Eurostat has just released a crucial Eurozone inflation data update and once again the single currency bloc is confirmed as h

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Strong Improvement In UK ...

The National Statistics office has just released an update on range of employment data for the British Economy. The headline

posted by Finances 3 hours ago read more >>
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Sensex rangbound, Bank an ...

The market opened positive trend on Wednesday, the BSE Sensex range bound trade after two days profit booking. The Sensex is

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Precious Metals Under Pre ...

Gold fell together with other precious metals today on speculations that rising inflation in the United States adds incentive

posted by commodityblog 17 hours ago read more >>
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EUR/USD Halts Decline, Lo ...

EUR/USD fell in the first half of today’s trading session and was moving sideways afterwards, but jumped later and hangs cu

posted by commodityblog 20 hours ago read more >>
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US dollar edges higher as ...

The US dollar was higher Tuesday as consumer price inflation rose faster than forecast in March, official data showed.

posted by Finances 23 hours ago read more >>
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US Inflation Rises ...

The US Bureau of Labor Statistics has been busy this morning publishing Consumer Price Index (CPI) data. Headline US inflatio

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MCX Gold Silver under pre ...

old and Silver pressured in domestic market, MCX Gold is 28760 and silver prices is 42826. while the international market dro

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10 April stock market news, Sensex & nifty up, Tata motors &

posted by Avatar mmfssbm 6 days ago in Technical, Fundamental, Metals

The Equity market open positive trade but consolidate today after high 358.89 and nifty all time high 6800 yesterday. Today Sensex is up 30.28 points or 0.13% at 22733.88 and the nifty is up 5.25 points or 0.08% at 6801.45......... Read More  read more
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FOMC Minutes favor short USD positions

posted by Avatar Tradeitsimple 6 days ago in USD, Technical, Fundamental

Gbp/Usd has made an ascending triangle on a daily chart. As FOMC minutes came out quite dovish and showed that several Fed members think forecasts overstate rate hike pace and don't see a rate rise in 6 months after QE end, I think we could see a  read more
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NZD/USD Rallies to Highest Levels Since August of 2011

posted by Avatar DannyBly 7 days ago in NZD, Fundamental, Daily

The New Zealand Dollar strengthened in Wednesday trading to its highest levels against the US Dollar in more than two and a half years.  read more
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Portugal Trade Deficit Widens

posted by Avatar Finances 7 days ago in EUR, Fundamental, Trade

Statistics Portugal have just published the country’s Global Trade Balances data for February. The overall figure for goods and services shows a trade deficit increase to €333.3 million for the month of February, this is further slippage on the J  read more
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British Trade Balances Improve

posted by Avatar Finances 7 days ago in GBP, Fundamental, Trade

The British National Statistics Office has just released details of February’s trade figures. The Total Trade Balance is running at a deficit of GBP £2.058BN which is a further improvement from January’s negative £2.565BN. Excluding trade with th  read more
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Fall in German Trade Balance

posted by Avatar Finances 7 days ago in EUR, Fundamental, Trade

The German statistics department has just published the country’s trade data for the month of February. The overall trade balance figure has fallen but is still a healthy €15.7B, this is down on the previous month of €17.2B and also missed market  read more
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UK Manufacturing Data Shows Strength

posted by Avatar Finances 8 days ago in GBP, Fundamental, Manufacturing

The British National Statistics office has just published this month’s Industrial and Manufacturing Production data.
Industrial Production (year-on-year) came in at 2.7%, this is against a consensus figure of 2.2% and a previous reading of 2.9%.  read more
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Risk off Trade Pushes USD/JPY to Support; 102 next Stop

posted by Avatar Finances 9 days ago in USD, JPY, Fundamental

The USDJPY currency pair was able to hold support levels after declining during the Asian and European trading sessions. The decline of the currency pair is more of a function of a risk off trading then an increase in the value of the Yen. The yi  read more
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European Investor Confidence Improves

posted by Avatar Finances 9 days ago in EUR, Fundamental, Consumer

The Eurozone’s Sentix Investor Confidence number for April has just been published at 14.1, narrowly missing consensus estimates of 14.2 but easily improving on last months reading of 13.9.
The Sentix is a useful sentiment figure for the Eurozon  read more
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Softness in European Industrial Production

posted by Avatar Finances 9 days ago in EUR, Fundamental

Spanish Industrial Output data has just been released for February. The year on year figure is showing a further expansion of 2.8% versus a January reading of 1.1% and a consensus estimate of 1.7%.
This follows on from some soft figures from Ger  read more
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Forex Weekly Outlook Apr. 7-11

posted by Avatar forexcrunch 11 days ago in USD, Fundamental, Weekly

The US dollar gained against most currencies and the euro was on the back foot in a busy week. And now, rate decisions in Japan and the UK, Australian employment data and the FOMC meeting minutes of Yellen’s first decision are the highlights of t  read more
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Gold & Silver Lose Value Ahead of Nonfarm Payrolls

posted by Avatar commodityblog 12 days ago in Fundamental, Gold, Metals

Gold and silver dropped today on speculations that steady growth of the US economy will lead to an interest rate hike from the Federal Reserve in not-so-distant future. It is expected that US nonfarm payrolls, which are to be released tomorrow, w  read more