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U.K. Q4 GDP Decline Confirmed At 0.2%

posted by Avatar newsinabox 92 days ago in USD, GBP

Yesterday, the European Commission said the UK economy will expand 0.6 percent this year, while it estimates a mild recession in the euro area. The decline in production was revised to 1.4 percent from 1.2 percent, ONS reported. read more
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Seoul shares seen confined by oil price surge

posted by Avatar newsinabox 95 days ago in all made popular 95 days ago

Seoul shares are seen drifting on Wednesday, with news of Greece clinching a long-awaited rescue package seen factored in and rising oil prices set to continue to pressure fuel cost sensitive shares such as airlines and ... read more
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US grains steady; export demand, Greece hopes support

posted by Avatar newsinabox 96 days ago in all made popular 96 days ago

Markets will also keen an eye on the US Department of Agriculture's annual Outlook conference on Feb. 23 and 24 -- an eclectic gathering of analysts, captains of industry, farmers, investors, academics and many more -- where it will update its crop ... read more
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Euro Steady Ahead Of London Session

posted by Avatar newsinabox 100 days ago in USD, EUR made popular 100 days ago

The US weekly jobless claims unexpectedly dropped to nearly a 4-year low in the week ended February 11, housing starts came in well above economist estimates in the month of January and the Philadelphia Federal Reserve showed a continued expansion in ... read more
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FX GBP/USD: Sterling set up to perform better if it gets some help

posted by Avatar newsinabox 101 days ago in USD, GBP

Despite the solid UK employment figures this morning, and the suggestions that additional QE is likely not forthcoming from the BoE, sterling hasn't performed particularly well. Yes, the pound has done well relative to the euro, but that's about it. read more
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Pennine Signs Purchase and Sale Agreement with NPT Oil Corporation and Reverse ...

posted by Avatar newsinabox 107 days ago in CAD, Commodities made popular 107 days ago

The Purchase and Sale requires that the Company raise a minimum of CAD $1500000 (the "Offering") by way of brokered private placement of Units, each Unit comprising 1 common share at $0.05 and a common share purchase warrant exercisable at CAD$0.10 for ... read more
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India trade to double over 3 years

posted by Avatar newsinabox 115 days ago in AUD made popular 115 days ago

AHMEDABAD: Australia and India's Rs 1.1 lakh crore (AUD 22 billion) trade relationship is on track to double over the next three years, while the Rs 50000 crore (AUD 10 billion) of investment by Indian businesses into Australia will also continue to ... read more
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Overnight climbs for NZD

posted by Avatar newsinabox 124 days ago in NZD, Economic Indicators

Later in the week the focus shifts to the US. Thursday morning's FOMC meeting will take centre stage, with a steady stream of US corporate earnings results and Q4 US GDP also worth watching. This will be the first FOMC meeting in which member's ... read more
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Nike Donates $3000 to Wentzville Robotics Team

posted by Avatar newsinabox 125 days ago in CAD made popular 125 days ago

The students then demonstrated last year's robot and talked about the design process the team follows from developing CAD drawings to validating designs, to manufacturing parts in the wood and metal shops. Last year, the Ratchet Rockers took second ... read more
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FX AUD/USD: A lagging vehicle overnight

posted by Avatar newsinabox 128 days ago in AUD made popular 128 days ago

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your ... read more
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Euribor rates slump as liquidity hits record high

posted by Avatar newsinabox 128 days ago in all made popular 128 days ago

In response, three-month Euribor rates, traditionally the main gauge of unsecured interbank euro lending and a mix of interest rate expectations and banks' appetite for lending, fell to 1.195 percent, the lowest since late March last year, ... read more
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U.S. dollar lower on euro optimism, Swiss banker resignation

posted by Avatar newsinabox 138 days ago in CHF

Dollar bullish news from the US Friday included a very positive NFP report indicating 200000 new jobs created and a falling unemployment rate to 8.5%. The US dollar was down against the pound, with GBP/USD adding 0.10% to hit 1.5442. ... read more