Daily News

April, 2016

March, 2016

  • 24 March

    Russia’s move towards the deepening economic crisis

    Russia economic crisis

    Russia is known as one of these days’ leader in space exploration. But, just today, Thursday, Russian Prime Minister Dmitry Medvedev agreed to cut funding for their space exploration activities by 30 percent out from the total budget set forth for the said program. This is to address the deepening ...

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  • 17 March

    European and Australian markets felt the effects of rising euro

    European and Australian markets felt the effects of rising euro

    The European stocks markets dropped on Thursday as Lufthansa and Immofinanz lost its shares in the updates produced by the US Federal Reserve. This update plays a major role in boosting commodity share prices in the market. Lufthansa is today’s Europe’s largest airlines while Immofinanz is a huge Australian property ...

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  • 16 March

    Euro bounced back on ECB’s signal to end rate cuts

    Euro bounced back

    Euro rebounds from losses against the other major currencies after Mario Draghi, European Central Bank President, announced to the public that the ECB will end the possibility of more rate cuts to occur. This signal coming from the ECB President himself is a decision made after delivering a stronger-than-expected package ...

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  • 15 March

    Banking sector and insurance companies gains benefits in the ECB’s announcement

    Banking sector and insurance companies gains benefits

    Disappointing data in the European shares rose on Thursday, March 10, as the European Central Bank President Mario Draghi announced to the public that the possibility of more rate cuts is unlikely to occur, thus, on the other hand, benefiting banks rising its shares on plans for new cheap funding. ...

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  • 10 March

    Risk appetite leads to a stronger Australian dollar

    Risk appetite leads to a stronger Australian dollar

    The currency market’s risk appetite remained strong on Thursday favoring the dollar and the euro as its focus shifted on the U.S. non-manufacturing ISM report. Investors are eyeing towards the probability of bolstering expectations that the Federal Reserve remains on track to raise interest rates this year which can further ...

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  • 10 March

    World stocks on two-month high lifting the risk appetite globally

    World stocks markets

    The world stocks markets are becoming a way much better as it reached two-months high on Thursday, March 3. Easing concern about the global outlook and the recovery of the commodities has been pointed as the main cause of such drastic change which lifted the risk appetite globally. This is ...

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February, 2016

  • 24 February

    Yen gains against the commodity-linked currencies

    Yen gains against the commodity-linked currencies

    Japan’s yen, the chief beneficiary on currency market, had collected its gains as the commodities-linked major currencies like the Australian and New Zealand dollars are shaken by the downbeat session of oil prices at the end of the week, February 19. The yen, who had experienced the worst start of ...

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  • 23 February

    Reverse in oil prices caused losses in Asian shares

    It’s becoming a rough week for Asian shares as it faces losses at the end of trade this week, February 19, after its near three-week high. Data shows that the sudden reverse in oil prices plus the presence of investors’ watchful sentiment had cause changes like this in the global ...

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  • 18 February

    European shares low after banks disappointing results

    European shares at 2-1/2 year low after banks disappointing results

    A top European share index shed disappointing results of a 2-1/2 year low on Thursday, February 11, as an effect of a renewed slump in bank and miners with Societe Generale sliding in records. Data shows that the pan-European FTSEurofirst 300 was down 3.3 percent at 1,201.06 points listed 1250 ...

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  • 12 February

    Continuous drop in Stocks, bonds and yields expected

    Continuous drop in Stocks, bonds and yields is expected to occur as global economic condition gets worst

    Continuous drop in Stocks, bonds and yields is expected to occur as global economic condition gets worst. Investors cling on for relative safety by buying up gold and top-rated bonds and dumping stocks on Thursday, February 11, causing the dollar to hit its 16-month low against yen. It has been ...

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  • 11 February

    U.S. Dollar remained defensive after Fed rate expectations are unmet

    New York’s Fed President William Dudley

    The U.S. dollar fell, once more, in a morning trade in Europe after expectations of a further rise in the U.S. interest rates are unmet. With this, the greenback fell another 0.6 percent to 96.735 making it hit its lowest since early November of last year. On the other hand, ...

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