Jobless claims near seven-year low; import prices above forecasts | Top Forex Brokers

Posted by Forexsq 6 days ago (
img The number of Americans filing new claims for unemployment benefits fell sharply last week to the lowest level in almost seven years, which could bolster views of an acceleration in... moreShare it now!

JPMorgan profit weaker than expected, U.S. Stocks Fall | Top Forex Brokers

Posted by Forexsq 5 days ago (
img JPMorgan Chase & Co posted far weaker-than-expected quarterly profit as uncertainty about the U.S. economy weighed on trading volumes and lending to consumers. Results from the first of the major... moreShare it now!

Biotech pummeled again, extending Wall Street slide

Posted by Forexsq 5 days ago (
img U.S. stocks opened lower on Friday after JPMorgan Chase & Co (JPM.N), the first of the major Wall Street banks to report results, posted earnings that were below expectations.

Shares of the Dow component fell 3.7 percent to $55.29.

The Dow Jones industrial average .DJI was down 82.52 points, or 0.51 percent, at 16,087.70. The Standard & Poor's 500 Index .SPX was down 10.09 points, or 0.55 p

Dollar Rises From Five-Month Low on Jobless Drop; Krona Slidesrg

Posted by Forexsq 6 days ago (
img The dollar rose from a five-month low against a basket of peers after the fewest number of Americans since before the last recession filed applications for unemployment benefits last week.

The yen gained to the strongest in three weeks against the dollar after an unexpected decline in Chinese exports revived demand for safer assets. The Bloomberg Dollar Spot Index fell to a five-month low afte

Russia's Putin wants talks with Europe on Ukraine gas debt

Posted by Forexsq 6 days ago (
img President Vladimir Putin has told European leaders a dispute over Ukraine's gas debt to Russia could affect supplies of Russian gas to Europe and proposed urgent discussions on the matter, his spokesman said on Thursday.

The remarks were the strongest sign yet that Russia could curtail supplies of gas to Ukraine, which could increase tension between Moscow and Kiev and aggravate the worst cris

Gold climbs 1% after ‘dovish’ Fed minutes

Posted by Forexsq 6 days ago (
img Gold prices bounced higher Thursday, getting a shot in the arm after minutes from the Federal Reserve’s most recent meeting had a less hawkish tone than investors expected.

At last glance, gold for June delivery GCM4 +1.15% was up $12.80, or 1%, to $1,318.70. On Wednesday, gold fell $3.20, or 0.2%, to settle at $1,305.90 an ounce on the Comex division of the New York Mercantile Exchange. That

Wall Street opens flat after jobless claims data

Posted by Forexsq 6 days ago (
img U.S. stocks opened little changed on Thursday as a positive read on weekly jobless claims was offset by some disappointing corporate earnings, including from Bed, Bath & Beyond (BBBY.O).

The Dow Jones industrial average .DJI was down 21.48 points, or 0.13 percent, at 16,415.70. The Standard & Poor's 500 Index .SPX was down 1.94 points, or 0.10 percent, at 1,870.24. The Nasdaq Composite Index .

Toyota Recalls More Than 6 Million Vehicles Worldwide

Posted by Forexsq 7 days ago (
img Toyota Motor Corp. (7203), the world’s largest carmaker, called back more than 6 million vehicles to fix a range of safety defects in one of the biggest recalls in automotive history.

The company found five types of safety hazards in vehicles including some of its top sellers such as the Camry sedan, RAV4 sport utility vehicle and Corolla cars, according to a statement today. The carmaker isn’

Toyota recalls more than 6 million vehicles

Posted by Forexsq 7 days ago (
img Toyota announced five recalls on Wednesday, affecting a total of 6.39 million vehicles globally.

The recalls cover 27 Toyota (TM) models -- including Camry, Corolla, Matrix and Highlander -- the Pontiac Vibe and the Subaru Trezia. Some of the vehicles were made as early as 2004.

Toyota plans to inspect and, if necessary, replace parts including seat rails, steering column brackets, engine s

Yen Weakens as Currency Volatility Declines Before Fed Minutes | Top Forex Brokers

Posted by Forexsq 7 days ago (
img The yen weakened, dropping most against higher-yielding currencies, as a gauge of currency volatility fell to the lowest level in more than six years and European stocks advanced. Japan’s currency... moreShare it now!

Greece sells first bonds in 4 years

Posted by Forexsq 6 days ago (
img Yes, you read that right. Greece has sold new bonds to international investors for the first time since its economy collapsed four years ago.

The Greek Finance Ministry said Thursday that it raised €3 billion ($4.2 billion) by selling 5-year bonds, its first debt issue since the eurozone country received €240 billion of bailout loans from the European Union and International Monetary Fund.

Euro rebounds vs. dollar from QE-talk lows

Posted by Forexsq 8 days ago (
img The euro rose against the dollar Tuesday, trading at levels last seen before European Central Bank President Mario Draghi said that central-bank officials had discussed quantitative easing as an option to fight falling inflation.

Dollar Declines as Investors Seek Higher Yields; Pound Advances

Posted by Forexsq 8 days ago (
img The forexsq Dollar Spot Index dropped to the lowest level in more than five months as a decline in currency volatility spurred investors to seek out higher-yielding assets.

The U.S. currency fell for a second day against the euro after a U.S. job report last week showed employers added fewer workers than economists forecast, damping speculation the recovery is gaining momentum. Australia’s dol

Has the correction in stocks rebuilt the wall of worry?

Posted by Forexsq 7 days ago (
img A few stock market bulls finally have begun to turn bearish.

But are there enough of them to rebuild the so-called wall of worry that had virtually disappeared in recent weeks?
As recently as last Friday, the answer was a resounding “no.” The bulls were clinging to their optimism in the face of the decline that began in early March and had already taken more than 5% off the value of the NASDA

U.S. Stock Futures Advance on Alcoa Before Fed Minutes

Posted by Forexsq 7 days ago (
img U.S. stock futures rose, after the Standard & Poor’s 500 Index snapped a three-day decline, as Alcoa Inc. (AA)’s profit exceeded estimates and investors awaited minutes from the Federal Reserve’s latest meeting.

Alcoa advanced 3.9 percent after forecasting that global demand for aluminum will exceed production this year. Facebook Inc. climbed 1.7 percent, a day after technology stocks rebounde

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