• Sentiment Mildly Positive ahead of German Constitutional Court’s Ruling

    Financial markets steadied as investors awaited German Constitutional Court's ruling on the ESM/fiscal compact and the People's Bank of China reported RMB 704B of new loans in August, up from a disappointing RMB 540B in July. Positive comments from the Troika after meeting with Portuguese and Greek officials also helped sustain sentiment. News reports said that Spain has proposed a 3-step plan towards a Eurozone fiscal union. In the US, Moody's warned of credit downgrade if no progress ...
  • Gold and Copper Price Update

    Gold holding in ETP set another record - Copper rises on opinion that Germany will pass bill to aid countries in EZ - US crude crosses 200 day moving average
  • Photo illustration shows two euro coin through a magnifying glass near a picture of German share trading DAX index

    European Markets Rise Ahead Of Germany’s Court Ruling

    Most European markets rose Wednesday with investors awaiting Germany's Constitutional Court to approve the euro zone's new bailout fund to help reduce the debt stress faced by the countries in the region.
  • Asian Stocks

    Asian Stocks Advance Before German Court Ruling

    Asian stock market advanced Wednesday with investors expecting a positive decision in the German court ruling on ESM constitutionality while speculation of further stimulus measures from China also added to the sentiment.
  • Majors Daily Forecast 12 September 2012

    EUR/USD Buy at 1.2847 SL 1.2815 TP 1.2924 USD/JPY Sell at 77.94 SL 78.26 TP 77.22 GBP/USD Buy at 1.6065 SL 1.6033 TP 1.6153 USD/CHF Sell at 0.9391 SL 0.9423 TP 0.9307 today so far +59, total yesterday +175 pips
  • EUR/USD Up Ahead Of German Court Ruling Today

    On Tuesday Euro/Dollar increased with 115 pips ahead of German court ruling today. The European currency appreciated from 1.2757 to 1.2871 yesterday, matching the positive money flow sentiment at over 19%, closing the day at 1.2853. This morning the Euro is trading quietly, with movements at the upper end of yesterday's range for now. On the 1 hour chart the upward channel looks good, while on the 3 hour chart the new upward channel is also intact. Break above the nearest resistance and ye...
  • Asian Shares Rise On Hopes Of German Court Ruling, Fed Action

    Asian shares edged higher Wednesday as investors remained cautiously optimistic that a German court would approve the legality of the euro zone's bailout fund later in the day and the U.S. Federal Reserve may deliver further stimulus measures this week.
  • Jurgen Klinsmann

    USA vs. Jamaica: Watch Live Stream Online of World Cup Qualifier; Prediction, Probable Lineups, Preview

    Watch live coverage as the United States men's national team takes on Jamaica in Columbus, Ohio, plus a full preview, team news and prediction.
  • EU Bites the Hand that Feeds It: Gazprom Will Bite Back

    Gazprom has Europe's natural gas market in a stranglehold and Europe is attempting to fight back, first with a raid last year on the Russian giant's offices and then with a probe launched earlier this week against its allegedly illicit efforts to control the EU's natural gas supplies.
  • Euro To Consolidate Ahead Of ESM Vote, Germany Endorses ECB Plan

    The Euro rallied to an overnight high of 1.2817 as Germany's Constitutional Court reassured that it will rule on the European Stability Mechanism on September 12, while Finance Minister Wolfgang Schaeuble warned of the slowing recovery in Europe's largest economy as the debt crisis continued to dampen the outlook for the region. In turn, Germany's Economy Ministry endorsed the European Central Bank's bond-buying program as the non-standard measure is expected to boost short-term liqu...
  • Oil prices trading either side of unchanged

    This week is setting up much like last week in that stimulus or quantitative easing is by far the main item of focus by both traders and investors. The US Fed FOMC meeting is Wednesday and Thursday of this week with many participants expecting the Fed to act now to try to jump start the economy and try to put some life into the faltering jobs market as both are part of their mandate. The market became slightly more convinced that the Fed would act this week after Friday's weak nonfarm payroll...
  • The Energy Report - What Does Chicago and China Have in Common?

    Gas prices still are not really coming down in Chicago or in China. Already the city with the highest gas prices in the nation Chicago gas prices and some of the highest paid public school teachers. Oh never mind they are on strike. Well gas prices are going up on yet another pipeline problem this time the Magellan. That comes as word that refiners in the Gulf Coast are still battling the aftermath of Hurricane Isaac. Gas will continue to be strong and will be the strong part of the sector.
  • President of the German Constitutional Court Vosskuhle pronounces judgment on euro bailouts at the German Constitutional Court in Karlsruhe

    Most Important Supreme Court Decision Of 2012: Six Things To Know

    The most important court decision of 2012 will take place Wednesday in Germany, when the red-robed justices of the German Constitutional Court hand down a decision for which it is no hyperbole to say it could change the course of history. The Court is expected to rule over whether Germany is barred from contributing to the European Stability Mechanism, Europe's all-purpose bailout fund of which the German state is the major planned benefactor.
  • Asian Stocks

    Asian Stocks Fall Ahead Of German Ruling, Fed Meeting

    Asian stock markets declined Tuesday as investors opted for caution ahead of key events including German court ruling on ESM constitutionality and the U.S. Federal Reserve policy meeting later this week.
  • Employees work on the floor of the outsourcing company WNS in Mumbai March 19, 2012.

    India Hiring Outlook Weakest in Over 3 Years: Manpower

    Most U.S. employers are unwilling to add workers because of uncertainty around November's elections, the Federal budget, and the effect of Europe's slowdown, according to a quarterly hiring survey by ManpowerGroup. The pace of hiring is expected to slow in large emerging economies including China and India.
  • Radamel Falcao

    Chelsea Transfer News: Falcao, Fellaini... Five Players the Blues Could Target in January

    A look at five players likely to be on Chelsea's radar heading into the next transfer window.
  • London

    Thousands Cheer British Olympians on Streets of London

    The summer sports lifted the host nation's mood as Mo Farah, Jessica Ennis, and David Weir were cheered on in the centre of the city.
  • Where Gay Travelers Are Venturing In 2013

    New York City tops the list for global LGBT travelers in 2013, but the United States as a whole falls behind another country as most popular destination.
  • Traders work at their desks in front of the DAX board at the Frankfurt stock exchange

    European Markets Decline As Easing Optimism Fades

    Most of the European markets marginally fell Monday as investor optimism over last week's bond buying plan announced by the European Central Bank began to fade and concerns about the debt crisis faced by the euro zone was revived.
  • Cars on display

    Low R&D Spend Threatens Auto Part Makers' Ambitions

    From Daimler trucks in Germany to tractors in Brazil, Rohit Saboo's Indian automotive parts are making their way into vehicles all over the world. But as he scales up exports to compensate for slowing growth at home, a lack of spending on innovation is undermining his sales pitch.