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Russia considers introducing capital controls if outflows grow

Russia considers introducing capital controls if outflows grow

Tue, 30 September 2014

Russia's central bank is considering the option of introducing temporary capital controls in the event the flow of money out of the country increases. According to sources cited by a Bloomberg report,... [more]

FX round-up: Traders step aside ahead of ECB meeting

FX round-up: Traders step aside ahead of ECB meeting

Tue, 30 September 2014

Currency markets were for the most part quiescent on Monday, despite the gyrations seen in the major equity and sovereign debt markets, as traders stood aside ahead of this week's European Central Ban... [more]

Slowdown in core Eurozone consumer prices weighs on euro

Slowdown in core Eurozone consumer prices weighs on euro

Tue, 30 September 2014

Eurozone consumer price inflation slowed a tad in September, to a 0.3% year-on-year pace, according to the latest figures available from Eurostat. That compares with the previous month's reading of 0.... [more]

Cable may offer an investment opportunity, analysts say

Cable may offer an investment opportunity, analysts say

Tue, 30 September 2014

Technical analysts a Digital Look noted on Tuesday that cable has put on the breaks just at a 61.8% Fibonacci level of re-tracement and suggested that it may be the moment to take long-positions. "The... [more]

The euro tries to rebound against dollar from November 2012 low

The euro tries to rebound against dollar from November 2012 low

Tue, 30 September 2014

Digital Look technical analysts noted on Tuesday that the weekly chart for the euro/dollar showed the pair trying to hold onto the important zone of support located at the November 2012 low of 1.2659.... [more]

Support and resistance levels for the main currency pairs

Tue, 30 September 2014

The following are the technical support and resistance levels for Forex trading. CURRENCY PAIR: SUPPORT/RESISTANCE Euro/Dollar: 1.2659/1.2995. Euro/Yen: 138,28/141,223. Euro/Pound: 0.7783/0... [more]

US pending home sales slipped below forecasts in August

Mon, 29 September 2014

The National Association of Realtors' (NAR) index of US pending home sales (PHI) fell at 1% clip month-on-month in August to hit 104.7. The consensus estimate was for a drop of 0.5%. To take into acc... [more]

German CPI comes in slightly ahead of forecasts

Mon, 29 September 2014

Germany's consumer price index (CPI) for the month of September remained flat versus the previous month, clocking in at a 0.8% year-on-year pace, according to the Federal Office of Statistics. Versus ... [more]

Advancement of Islamic State hindered by further airstrikes

Mon, 29 September 2014

The Islamic State's (IS) advancement in Iraq has been halted by Iraqi ground forces, backed by air strikes launched against the Islamic militant group. Amariya al-Falluja, a town 25 miles from Baghdad... [more]

Afghanistan inaugurates new president Ashraf Ghani

Mon, 29 September 2014

Afghanistan has sworn in its first new president in a decade, marking the nation's first ever peaceful transfer of power. Ashraf Ghani has finally been officially named as Afghanistan's new president,... [more]

Eurozone economic sentiment drops below consensus

Mon, 29 September 2014

Economic sentiment in the Eurozone dropped to slightly below expectations, according to September confidence data published on Monday by the European Commission. Specifically, the Commission's economi... [more]

Cable may bounce from current levels

Mon, 29 September 2014

Digital Look technical analysts noted on Monday how cable was fighting to maintain support at the 61.8% Fibonacci level of retracement of its last bullish move. "As long as cable doesn't break below ... [more]

The euro trades against the dollar at October 2012 level

Mon, 29 September 2014

Digital Look technical analysts pointed out on Monday that the euro/dollar traded in the last zone of support located at the October 2012 lows of 1.2659. They noted that if this level is lost, the pai... [more]

Support and resistance levels for the main currency pairs

Mon, 29 September 2014

The following are the technical support and resistance levels for Forex trading. CURRENCY PAIR: SUPPORT/RESISTANCE Euro/Dollar: 1.2659/1.2995. Euro/Yen: 138,37/141,223. Euro/Pound: 0.7783/0... [more]

US economic growth in second quarter revised higher - UPDATE

Fri, 26 September 2014

US gross domestic product (GDP) has been revised higher in the second quarter, supported by better retail sales and foreign trade numbers. The US economy grew at a 4.6% annual rate in the three months... [more]

We face a terrorist caliphate, Cameron says on threat of IS

Fri, 26 September 2014

David Cameron and Ed Miliband took to the stands in the House of Commons this morning, in an attempt to persuade parliament to support airstrikes against Islamic State (IS) militants in Iraq. Cameron ... [more]

Soaring house prices could drive workers away from London

Fri, 26 September 2014

London could be waving goodbye to a number of workers in the future, as the struggle to meet living costs in the British capital continues to rise. London's housing shortage could put the city's futur... [more]

Cable continues to correct after bullish move

Fri, 26 September 2014

Technical analysts at Digital Look pointed out on Friday that cable has managed to correct 50% of the prior bullish move. They explained that this type of level is by definition an area of technical s... [more]

Taliban storm Afghan city of Ghazni

Fri, 26 September 2014

An estimated 700 Taliban fighters have stormed a district 300km southwest of Kabul, killing dozens amid fears that the area is at risk of being captured by insurgents At least a dozen civilians have b... [more]

Russia demands changes in EU-Ukraine pact

Fri, 26 September 2014

Russian President Vladimir Putin sent a letter to EU officials warning it would cut Ukraine's access to Russian markets if the country decides to implement the trade pact signed last week. Russia has ... [more]

The euro tries to hold onto $1.27-$1.2750 support

Fri, 26 September 2014

Digital Look technical analysts admitted on Friday that there was little to add to their prior day commentary on the euro/dollar. "Looking at the weekly chart, we can see a very important zone of supp... [more]

Support and resistance levels for the main currency pairs

Fri, 26 September 2014

The following are the technical support and resistance levels for Forex trading. CURRENCY PAIR: SUPPORT/RESISTANCE Euro/Dollar: 1.2750/1.2995. Euro/Yen: 138,28/141,223. Euro/Pound: 0.7783/0... [more]

Ebola stabilising in Guinea, says World Health Organisation

Thu, 25 September 2014

teerngasEbola has stabilised in Guinea, one of three West African states most affected by the spread of the disease, according to the World Health Organisation (WHO) on Thursday. The outbreak, which h... [more]

Violent Islamic extremism caused by “intelligence agencies”, says Iranian President

Thu, 25 September 2014

teerngasAccording to Iranian President Hassan Rouhani, the rise of violent extremism has been "intelligence agencies" working within "certain states". "Certain intelligence agencies have put blades in... [more]

China needs more monetary easing, says Morgan Stanley

Thu, 25 September 2014

teerngasEconomists believe the rumoured reshuffle at the top of China's central bank will not bring much of a change in policy, with Morgan Stanley on Wednesday calling for more easing than is current... [more]

FTSE 100 Top Risers

Name Last Chg.% Time
Associated British Foods 2,679.00 4.53 17:00
easyJet 1,423.00 3.04 16:56
Intertek Group 2,621.00 2.10 16:46
Royal Bank of Scotland Group 368.20 1.88 16:56
Sainsbury (J) 251.50 1.70 16:48

FTSE 100 Top Fallers

Name Last Chg.% Time
Next 6,605.00 -3.79 16:56
Prudential 1,376.00 -2.72 17:08
Marks & Spencer Group 404.60 -2.60 17:08
Sports Direct International 618.50 -2.44 16:48
Intu Properties 322.70 -2.21 16:46