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ENERGY MARKETS REPORT INCLUDING: ExxonMobil is to farm out several oil and gas ...
The Cove board has recommended a new cash takeover offer from Thailand's PTTEP, which has surpassed the previously recommended Shell bid by 9.1% or GBP 0.20 per share. ExxonMobil is to farm out several oil and gas blocks in Indonesia as their output ...
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GBP/USD: Trading the British GDP
The British Gross Domestic Product (GDP) provides a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. A reading which is higher than the market forecast is bulli
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Crude Oil Fundamental Analysis May 23, 2012, Forecast
Analysis and Recommendations:Crude Oil continued its decline, trading at 92.25 down 0.60. Generally, a stronger dollar pressures demand for dollar-denominated commodities, such as crude oil and gold, which become more expensive for holders of
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NZD/USD Fundamental Analysis May 23, 2012, Forecast
Analysis and Recommendation: (close of the Asian session)The NZD/USD is trading at the end of the Asian session at 0.7669. The kiwi rallied almost 1 cent as investors digested the Group of Eight leaders’ pledge to support growth policies in
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Australian Stock Market Report Midday 5/23/2012
Metal prices held up ok on the London Metals Exchange (LME) but US based gold and oil prices continued to fall overnight. In Asian trade the US oil prices fell to US$91.45 a barrel off 1.21% and gold now at $1558 an ounce. Big name miners; Rio Tinto ...
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Singapore Stocks-May fall; China Animal, Swee Hong eyed
----------------------MARKET SNAPSHOT @ 0029 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1316.63 0.05% 0.640 USD/JPY 80.02 0.08% 0.060 10-YR US TSY YLD 1.7637 -- -0.014 SPOT GOLD 1563.39 -0.29% -4.510 US CRUDE 91.38 -0.51% -0.480 DOW JONES ...
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EURUSD Finds Resistance at 8 Day EMA, 22nd May
EURUSD Finds Resistance at 8 Day EMA, 22nd May
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Quake hits lucrative cheese production in Italy
National farmers' group Coldiretti has estimated damage to agriculture in the area, one of Italy's most fertile and productive zones, at more than 200 million euros (NZD$335 million). Some of the worst damage was to the production of Parmigiano ...
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NZ$ slammed again overnight
By Dan Bell The NZD/USD has been slammed again this morning and opens around 0.7540 after trading as high as 0.7675 overnight. The key driver of risk aversion this morning has been comments from former Greek Prime Minster Lucas Papademos suggesting the ...
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EUR/USD – Sharp Price Action Threatening Bearish Continuatio
The EUR/USD is threatening bearish continuation with sharp price action in the 5/22 US trading session. The 4H chart shows that the RSI stayed below 60 during this week’s consolidation so far. The RSI is now cracking 40, and showing maintenance a
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Oil prices slide on profit-taking, strong dollar
"Crude oil prices gave back early gains and slid lower today, as the strong US dollar continued to weigh on the oil market, while investors try to remain cautious ahead of the European meeting that could clarify the economic prospects across the ...
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Tough decisions on spending, revenue on anvil: Prime Minister
While the current account deficit (CAD), which indicates the difference between inflow and outflow of foreign exchange, is expected to rise to 4 per cent of the GDP in 2011-12 from 3.3 per cent a year ago, the high crude oil prices will put pressure on ...


