No “new” news from the Fed gives investors a feeling of stability
Thursday, 1 May 2014, 09:25
Last update: about 13 years ago
Malta Independent
The advance reading for Q1 GDP growth in the US was quite slim out at 0.1% down from a previous 2.6% and grossly disappointing expectations of 1.2%. Comments from the Fed yesterday evening however...
BoJ no changes, investors now focus on Fed
Wednesday, 30 April 2014, 09:22
Last update: about 13 years ago
Malta Independent
Some better than expected quarterly earnings yesterday helped the major US equity indices close positively. This morning in Asia seemed less convinced however; overnight we saw that the BoJ made no...
Euro edges higher in record low currency volatility
Tuesday, 29 April 2014, 09:06
Last update: about 13 years ago
Malta Independent
The euro staged a solid performance against its major rivals on Monday as expectations for more stimulus by the European Central Bank eased. Meanwhile a gauge measuring the volatility of currency...
Caution reigns ahead of Major economic data this week
Monday, 28 April 2014, 09:21
Last update: about 13 years ago
Malta Independent
Over the weekend and early into today’s session, we saw that Chinese industrial profits for March improved on prior readings. Retail numbers out of Japan, for the month of March, were stronger than...
Caution reigns ahead of Major economic data this week
Monday, 28 April 2014, 09:21
Last update: about 13 years ago
Malta Independent
Over the weekend and early into today’s session, we saw that Chinese industrial profits for March improved on prior readings. Retail numbers out of Japan, for the month of March, were stronger than...
Japanese CPI registers strong growth in April
Friday, 25 April 2014, 09:22
Last update: about 13 years ago
Malta Independent
Yesterday German IFO index for April released stronger numbers both for the Business Climate Index and even for the expectations – both figures also surprised consensus estimates positively....
RBNZ hikes rate to 3%, lifts the Kiwi
Thursday, 24 April 2014, 09:15
Last update: about 13 years ago
Malta Independent
Wall Street closed slightly in the red, easing after a series of positive daily performances and also due to risk aversion trades motivated by earning releases coming from tech companies....
Aussie slips as CPI surprises lower
Wednesday, 23 April 2014, 09:22
Last update: about 13 years ago
Malta Independent
The Aussie suffers against most of the other major currencies and is attracting the largest sell off so far this morning. In Australia Q1 CPI came short of expectations as it slipped to 0.6% from an...
Concerns on China, Ukraine risks keep sentiment muted
Tuesday, 22 April 2014, 17:13
Last update: about 13 years ago
Malta Independent
Increasing concerns over liquidity and earnings in China put the brakes on equity markets in the region. The Nikkei and Shanghai indexes began the week under pressure and fell almost a percent each by...
USD/JPY starts a healthy pullback
Tuesday, 22 April 2014, 08:51
Last update: about 13 years ago
Malta Independent
Wall Street closed in the green on really low volumes. S&P500 posted its first 5-day positive close in a row since October 2013. Asian markets were relatively quiet mostly mirroring the subdued...