Negative Impact of Euro Trading if Moved from London
The Chief Executive Officer of London Stock Exchange Xavier Rolet has warned that moving out the Euro clearing business from London post-Brexit would have a negative impact on the investors who have to bear extra sums of money of approximately
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Aussie Turns Weak after Poor Construction Data
In the last week, Statistics Canada declared lower than expected inflation in April and a dip in retail sales in March 2017. In spite of oil rally, the Canadian dollar is kept week because of weak M-O-M figures. On the
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Euro Showing Signs of Downtrend on Weak German CPI Data
During April and May, Euro was able to rise against the Aussie thanks to the recent victory of Emmanuel Macron in the French Elections and increasing inflationary pressure coupled with positive industrial data from Europe. The Aussie was pulled low
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Brisk Order for Solar Tiles Confirmed by Tesla
In May’s first week, Tesla (NASDAQ: TSLA) which is an electric car manufacturing company that the revenues in the first quarter of fiscal 2017 has doubled as compared to the similar period last year. The revenues are more than the
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Greenback Turns Weak after Poor NFP and Trade Balance Data
The Rial currency of Brazil plunged against the Greenback in the middle of May this year when a local newspaper reported that President Michel Temer asked the chairman of meatpacking giant JBS SA Joesley Batista for continuing to pay former
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Cisco Reports a Gloomy Picture after Poor Q4 2017 Outlook
Cisco Systems Inc (NASDAQ: CSCO) which is a California-based company situated in San Jose has reported higher than anticipated revenue and earnings in the 3rd quarter of fiscal 2017. Unfortunately, the company has presented a not so encouraging estimate for
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Yen to Rise on Upgraded Economic Outlook of Bank of Japan
The recent growth of 0.5% in GDP of Euro Zone and the victory of Emmanuel Macron in the French elections in Q1 has ensured a sharp Euro Dollar rally in the last few days. On the other hand, the fading
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