Browse posts tag by Analysis

European Daily Market Review

Economic Indicators As shown by official data released today, the unemployment rate in the UK unexpectedly fell in September, despite the higher than expected increase in the number of applicants for unemployment benefits in October, while wage growth has not met expectations. The Office for National Statistics said that UK unemployment rate in the three months through September fell to 4.8%, although the forecast said it would remain unchanged at 11-year low of 4.9%. The number

U.S. Daily Market Review

Stock Market The US stock market closed Tuesday trading higher due to the strengthening of the oil and gas, telecommunications and utilities sectors. At the close on the New York Stock Exchange, Dow Jones rose 0.29%, reaching a historic high, S&P 500 index rose 0.75%, and NASDAQ Composite Index rose 1.10%. The leaders of growth among the Dow Jones index components were the shares of Verizon Communications Inc. (NYSE: VZ), which rose 1.19 p (2.58%), closing

U.S. Daily Market Review

The Dow Jones started the session at record high levels as stocks and futures are further benefiting from Donald Trump’s election victory. Dow Jones registered the biggest gain since December 2011 and jumped to 18,918.68 on opening before slipping back. Financial stocks helped the rally, with Goldman Sachs and JP Morgan among the biggest gainers. The broader S&P 500 index added 2.16 points to 2,166.61. Shares in automotive electronics-maker Harman International Industries jumped by a quarter

European Daily Market Review

European stocks and futures snapped a two-day dropping pattern as miners and banks rallied amid growing investors optimism that U.S. President-elect Donald Trump will spur growth in the world’s biggest economy. RWE AG jumped 1.6 % after posting earnings. Novartis AG gained 1.3 % after people familiar with the matter, reported the Swiss health-care company.U.K. stocks leaped in today’s session, with financial shares among the advancers, as the pound pulled back from a rally spurred by

8 Essential Benefits of Trading Forex

What are the benefits of trading Forex? Forex stands for foreign exchange or currency trading, it’s a global market, incredibly liquid, with a vast daily trading volume. As with many investments, foreign exchange trading is not for the faint-hearted or the novice trader. That said, there are many benefits of trading Forex that give the Forex market some unique benefits after you’ve learned the ropes. What are some of the many benefits and advantages of trading
Why Global Currencies With Letter “Z”

Why Global Currencies With Letter “Z”

Why spell Global Currencies with the letter “z” at the end? This is a question many people have asked me in the past and wanted to give an update to this answer. Even the alphabet wants to know – “YZ.” The letter “Z” may be the last letter in alphabetical order, but it hasn’t always been last. It’s the last letter in the alphabet, why not have it as the last letter in the name of
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