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Stock Market News Petrofac down 25%

Petrofac down 25%

November 24, 2014 – Stock Market News Petrofac, an oil and gas provider is down 25% today. The company issued a profit warning and stated that it could be as low as $500 million next year, which would be 25% lower than the existing expectation of $675 million. Losses are [...]

Indices News European Markets Up after German Data

European Markets Up after German Data

November 24, 2014 – Indices News U.S. stocks ended higher following an eventful week. Dovish comments from the ECB President, Draghi; monetary policy from China and stronger data from the U.S all added to gains.  U.S. PPI, Building Permits, CPI, Existing Home Sales and Philadelphia Fed Manufacturing Index all beat [...]

Forex News Draghi Expressed Urgency to Higher Inflation

Draghi Expressed Urgency to Higher Inflation

November 24, 2014 – Forex News Hot asset for today: EUR/USD EUR/USD The EUR/USD dropped drastically on Friday after the President of the European Central bank stressed urgency to fight low inflation as soon as possible. The possibility that the ECB will add more monetary stimulus at their next meeting [...]

Commodities News Gold binary options asset

Gold Up After China Cut Interest Rates

November 24, 2014 – Commodities News Gold On Friday, Gold climbed back above $1,200/ounce on the back of the surprising interest rate cut in China. Recent data from Europe, Japan and China also spurred demand for gold and hedge funds have started to buy the safe-haven asset. However, as seen [...]

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Draghi Expressed Urgency to Higher Inflation
Binary Options / Forex News

Draghi Expressed Urgency to Higher Inflation

November 24, 2014 – Forex News Hot asset for today: EUR/USD EUR/USD The EUR/USD dropped drastically on Friday after the President of the European Central bank stressed urgency to fight low inflation as soon as possible. The possibility that the ECB will add more monetary stimulus at their next meeting [...]

European Markets Up after German Data
Binary Options / Indices News

European Markets Up after German Data

November 24, 2014 – Indices News U.S. stocks ended higher following an eventful week. Dovish comments from the ECB President, Draghi; monetary policy from China and stronger data from the U.S all added to gains.  U.S. PPI, Building Permits, CPI, Existing Home Sales and Philadelphia Fed Manufacturing Index all beat [...]

Daily Market News: November 21, 2014
Binary Options / Daily Market News

Daily Market News: November 21, 2014

November 21, 2014 – Daily Market News Today’s Hot Assets: EUR U.S markets entered record territory again after positive data. Optimism was caused by a range of positive U.S. data. The S&P 500 added 0.2% closing at 2,052.75 and the Down Jones added 0.19% closing at 17,719.00. Asian markets were [...]

Gold binary options asset
Binary Options / Commodities News

Gold Picked Up With Physical Demand

November 21, 2014 – Commodities News Gold Yesterday, Gold climbed back up above $1,190/ounce as speculation over the upcoming Swiss referendum pulled demand up. Physical demand also picked up on the back of the year-end festivals. Despite stronger U.S. data the price did not fall and traded near $1,200/ounce. Today, [...]

Apple Target Price Highered
Binary Options / Stock Market News

Apple Target Price Highered

November 21, 2014 – Stock Market News Apple climbed 1.43% yesterday after Morgan Stanley increased their price target for the company. The target was changed to $126 from $115, as strong earnings are expected for the company during the holiday season. Markets are also awaiting the release of the iWatch [...]

EUR/USD Unresponsive to U.S Data
Binary Options / Forex News

EUR/USD Unresponsive to U.S Data

November 21, 2014 – Forex News Hot asset for today: EUR/USD EUR/USD Yesterday, the EUR/USD traded choppy despite data being in favour of the dollar and against euro. The data should have pushed the pair below 1.2500. The German Flash manufacturing PMI dropped to a 16 month low of 50.00 [...]

Global Markets Up
Binary Options / Indices News

Global Markets Up

November 21, 2014 – Indices News U.S markets entered record territory again after positive data. Optimism was caused by a range of positive U.S. data. Existing Home Sales beat expectations at 5.26 million and the Philadelphia Fed Manufacturing Index was very strong at 40.8, its fastest rate of increase since [...]

Binary Options Market News
Binary Options / Daily Market News

Daily Market News: November 20, 2014

November 20, 2014 – Daily Market News The FOMC Meeting Minutes were released yesterday and showed a more dovish stance from the Fed. U.S. markets finished lower; the S&P 500 closed 0.15% down at 1,048.72 and the Dow Jones closed 0.01% lower at 17,685.73.Asian markets finished with little change. The [...]

Apple Gaining In Holiday Season
Binary Options / Stock Market News

Apple Gaining In Holiday Season

November 20, 2014 – Stock Market News Alibaba has taken to the american markets like a fish to water.  One month after entering the US markets, Alibaba stocks are nearly double what they were on September 18th when debuting on the New York Stock Exchange.  With this stunning success, Alibaba [...]

Gold binary options asset
Binary Options / Commodities News

Nervousness on Gold Market

November 20, 2014 – Commodities News Gold Yesterday, volatility was high for Gold. The price dropped from $1,197/ounce to $1,175/ounce after a Swiss survey showed that the likelihood of the National bank boosting Gold reserves decreased.  The price then recovered back up to $1,200/ounce but fell again on the back of [...]