Stock Market

Market Report: Europe and the US Show Signs of Economic Recovery, Japan Lags Behind

Statistics released on August 13th have revealed that retail sales in the US climbed 0.2% in the month of July after four consecutive monthly drops in 2013. The cause of this upsurge is thought to be the rising fuel prices

Market Update: US Jobless Claims Stay Low

The week ending August 9th shed positive light on the state of the US economy, as the ISM Non-Manufacturing PMI increased from 52.2 in June to 56 in July, a much higher jump than the forecast 53.2, indicating that the

MARKET UPDATE: US Jobs Data Triggers USD Weakness Across the Board

The fortunes of the forex market have been hinged almost entirely on the fate of the US dollar in the past few weeks and this was particularly evident after Friday’s disappointing Non-Farm Payrolls (NFP) data was announced and the US

MARKET UPDATE: Uncertain US Fiscal Strategy Causes See-sawing in Market Sentiment

The economic uncertainty in the US has led to a see-sawing of market sentiment in recent weeks, bouncing up when positive economic data from the US is revealed and dropping down again when further news is negative. Federal Reserve Chairman,

Schlumberger Announces Second-Quarter 2013 Results

Schlumberger Limited has reported second-quarter 2013 revenue of $11.18 billion versus $10.57 billion in the first quarter of 2013, and $10.34 billion in the second quarter of 2012. Income from continuing operations attributable to Schlumberger, excluding charges and credits, was

Market Update: Rumours Trigger Confusion in the Market

The US dollar started the week on a positive note with strength across the board. However, the market demonstrated a degree of surprise and confusion when rumours began to spread that Federal Reserve Chairman Ben Bernanke might not trim the

Lekoil Raises $20 Million for Drilling and Testing in Nigeria

Lekoil, the oil and gas exploration and production company with a focus on Nigeria and West Africa more broadly, announces that it has conditionally raised, in aggregate, gross proceeds of approximately US$20.0 million (approximately £13.2 million) through the placing of,

MARKET UPDATE: US Economy Optimism Boosts USD

The US dollar has been strengthening across most of the majors as optimism has flooded the market amidst growing speculation that the US Federal Reserve will trim the stimulus back as early as September this year. The market will be

Market Update: US unemployment Data Key To Forex Market

A degree of stability has hit the market in the wake of the volatility of last week, but this may be short lived with important US unemployment data due out later in the week. There are rumours in the market

FXTM Market Update

Federal Reserve Chairman, Ben Bernanke, yesterday announced that he is waiting for unemployment levels to drop to 6.5% before he will consider cutting the financial stimulus to the US economy. He said the economy is improving, but he is still

FXTM Launches Over-The-Weeekend Account

Any experienced trader knows that one of the downsides of executing a medium-to long term forex trading strategy is the necessity of leaving positions open overnight – this is when trades incur rollover charges, also known as forex swap rates.

Forex Time Market Update

This week is an interesting time for currency and commodity traders with volatility expected in the markets due to several influential economic news announcements. The primary focus is on the US economy and whether it is truly strengthening. Employment data

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