AUD/USD: Aussie Continues To Trade Below Parity
For the 24 hours to 23:00 GMT, AUD rose marginally against the USD to close at 0.9897. However, the Aussie continued to remain below parity, after the Australian Treasurer, Wayne Swan stated earlier this week that the nation would grow 2.75%...
Asian Market Update
Preliminary GDP data out of Japan indicated that the economy expanded at the fastest rate since Q1 of 2012, coming in at 0.9% q/q and beating estimates of 0.7% and the prior quarter's figure of 0.3%. The much improved reading was primarily driven
Gold Under Pressure As AUD Holds Support
Stocks kept keeping on overnight with both the Dow and the S&P touching new all times highs in trade before pulling back a little while stocks in Europe rallied even though we saw some very poor GDP data for the Eurozone...
nifty trend today|| nifty level on 16 may 2013
nifty trend today|| nifty level on 16 may 2013nifty trend:
nifty open 6150, high 6196, low 6143 now taraded at 6184 with increase of 22 point.
Nifty level:
Resistance : 6180,6196, 6218, 6237
Support: 6146,6128,5985,5967
NIFTY UPDATES ~ INTRADAY SHARE MARKET TIPS TODAY 16 MAY 2013
The S&P BSE Sensex and the Nifty extended intraday gains towards the end of the session on Wednesday and closed nearly 500 and 150 points higher respectively as foreign institutional investors pumped in dollars on hopes of interest rate cuts by t
May 16, 2013 Thursday stock market NSE BSE & Nifty touch the
Bank nifty up with 1% & Health Care, Realty, Metal, PSU, Capital Goods, Power, Oil & Gas & CD index are strong with 0.6-0.3 percent on every sector. But other side IT & TECK index are down with 0.4-0.2% & also pressure on FMCG index.In fisca
SNB Will Cap Franc as Long as Deflation Risks Persist
The Swiss National Bank will maintain its cap on the franc as long as necessary to ward off deflation and doesn’t consider creating a sovereign wealth fund for its currency reserves “sensible,” board member Fritz Zurbruegg told L’Hebdo.
Pound Gains Most in Two Weeks vs Euro as King Sees Recovery
The pound strengthened the most in two weeks against the euro after the Bank of England upgraded its estimate of the U.K. economy and Governor Mervyn King said a recovery was now “in sight.”
Gold Trades Below $1,400
Gold dropped below the $1,400 level yesterday and maintained its drop today as the dollar strengthened
Gold and Silver – Daily Outlook for May 15
Precious metals resumed their downward trend and fell during yesterday. The fall of gold and silver prices coincided with the drop of leading “risk related currencies” such as the Euro and Aussie dollar against the USD. In the equities markets th
U.S. Producer Prices Fell in April, But Core Prices Edged Up
Producer prices in the US fell 0.7% in April 2013 to follow the 0.6% month-over-month decline seen in March. The decrease in April largely reflected lower energy prices, which dropped 2.5%, and was driven by an outsized 6.0% plunge in gas prices.
Canadian Manufacturing Sales Dipped in March
Canadian manufacturing sales slipped 0.3% in March 2013, which was below market expectations for a 0.5% increase, and followed a 2.8% (previously reported as 2.6%) increase in February and a 0.6% dip in January.


