Commodity currencies giving back earlier gains
Tuesday, 25 February 2014, 09:24
Last update: about 13 years ago
Malta Independent
US equities turned positive at yesterday’s close, shrugging off earlier losses. Sentiment was buoyed despite some recent softer data, with market players hopeful that this is only temporary and due to...
Japanese Yen boosted by concerns about Chinese economy outlook
Monday, 24 February 2014, 09:23
Last update: about 13 years ago
Malta Independent
This morning concerns that the Chinese property market is losing strength sent Asian stocks in the red; the Nikkei closed in the red posting a negative performance of -1.08%....
Weak manufacturing data in China weighs on the market
Thursday, 20 February 2014, 09:19
Last update: about 13 years ago
Malta Independent
Global slowdown concerns are back. Not only US equity markets closed in negative territory yesterday but the Asian markets dropped after the HSBC China PMI data hit a seven-month low at 48.3. For...
EUR/USD posted new 7-week high at 1.3773
Wednesday, 19 February 2014, 09:32
Last update: about 13 years ago
Malta Independent
Overnight, both US and Asian equity markets pulled back following disappointing macro reports from the US showing the recovery might be more fragile than expected. Yesterday, not only the New York...
Brighter outlook for euro zone, euro nudges higher
Tuesday, 18 February 2014, 17:19
Last update: about 13 years ago
Malta Independent
The dollar was under pressure to start off the week, picking up where it had left off the previous week. Economic data published in recent weeks from the world’s largest economy has been somewhat...
JPY slips as BoJ boosts lending
Tuesday, 18 February 2014, 09:26
Last update: about 13 years ago
Malta Independent
In the US, equity indices were closed yesterday in lieu of President’s day. Earlier into today’s session the Bank of Japan concluded its 2-day policy meeting. The BoJ retained its monetary easing...
Sluggish US data weighing on Greenback
Monday, 17 February 2014, 08:55
Last update: about 13 years ago
Malta Independent
Disappointing economic data from the United States continued to weigh on the dollar as it hovered near a six-week low against its major rivals....
Gold is back on track!
Friday, 14 February 2014, 09:16
Last update: about 13 years ago
Malta Independent
For a change, US equity markets closed in the green while Asian stocks followed, to the exception of the Nikkei which closed in the red with a performance of -1.53 percent due to a strengthening JPY....
Aussie slips as unemployment rate ticks higher
Thursday, 13 February 2014, 09:27
Last update: about 13 years ago
Malta Independent
We had a mixed close for equities from the US, sentiment soured as the Asian counterparts were mostly in the red this morning. Equities paused after the recent rises seen in the last few days,...