When it comes to foreign exchange (FX), there are many factors which influence the market. One of the most important things someone who wants to trade FX successfully must stay on top of is forex news. Forex news can significantly change price movements of currency pairs and for this reason it is important to keep [...]
It was a tale of two halves overnight, with some strength in the European session completely dissolving in the US session. Risk assets were dumped en masse in the US session, giving Stateside equity indexes their biggest losses since November, as partial election results spurred concern about prospects for a stable government in Italy and [...]
Despite a positive start, US markets suffered another loss overnight, extending their slump into a second consecutive session. The growing disappointment with the third quarter earnings season overshadowed data showing a bigger-than-expected rise in September new home sales to a two-year high. Also weighing on sentiment was the latest Fed meeting in which Ben Bernanke [...]
US markets staged a last gasp rally overnight, overcoming all of their earlier falls as Apple shares surged 4% ahead of the likely release of its iPad mini. The euro climbed 0.2% to US$1.3056 after a local election in Spain allowed the Prime Minister’s party to hang onto power, easing tensions in the troubled eurozone [...]
US markets suffered a dramatic sell-off to round out last week, as a raft of disappointing profit results weighed heavily on sentiment. Blue-chip giants, General Electric, Microsoft, and McDonald’s ignited the panic selling on Wall Street after all three reported earnings that missed analyst estimates. It was the worst one day drop on the Street [...]
Disclaimer: The content of this blog does not constitute a recommendation nor does it take into account your investment objectives, financial situation nor particular needs. Before acquiring or using any of Australian Stock Report's products, you should obtain and consider our Financial Services Guide. Australian Stock Report Ltd (ACN 106 863 978) is licensed as an Australian Financial Services Licensee pursuant to section 913B of the Corporations Act 2001. AFS Licence 301682. Any content within this email remains the property of Australian Stock Report and should not be reproduced without the consent of Australian Stock Report.