The US dollar continues to enjoy a steady recovery with some positive readings on Friday helping it extend its gains. Driving the greenback was a strong ISM report (56.4 versus 55 expected) which saw the US dollar index rise to 80.72. Tapering is the main topic at the moment and every time we receive positive economic readings, expectations of tapering by the end of the year gain momentum. Fed speakers were also a key theme in Friday's trade; with one of the well documented doves, James Bulla...
Vittorio Hernandez
Nov 04, 2013
In US economic news, the ISM manufacturing gauge rose from 56.2 to 2½-year high of 56.4 in October, ahead of forecasts for a result near 55.0. But vehicle sales rose from 15.21 million to 15.23m in October, short of forecasts near 15.4m due to weaker truck sales.
Vittorio Hernandez
Nov 04, 2013
By Chris Weston, IG MarketsMarkets opened on a modestly positive footing, with US futures opening an hour later for Asia-based traders and heading a touch higher.
Admin System
Nov 04, 2013
The much-awaited Google Nexus 5 smartphone has finally arrived, offering the purest Android experience, while granting its owners access to the latest Android 4.4 KitKat OS. Since owners get updates directly from Google, they don't need to wait for hardware OEMs or carriers to release customised updates.
Vittorio Hernandez
Nov 03, 2013
In October, two tech Web sites named the Google Nexus 10 and Nexus 7 as among their list of top 10 devices. For November, another portal included a third Nexus model in its list of 10 best Android smartphones - the newly released KitKat-Powered Nexus 5.
Vittorio Hernandez
Nov 03, 2013
Office spaces have never looked this enticing, especially for workers at Google, Apple and Facebook which are building massive campuses designed to provide not only a place to work but also a place to live for thousands of their employees. Mashable provides A Peek at Google's £1B Upcoming 1-Million-Square-Foot Office in London. The upcoming London office of the tech giant is scheduled to open in 2016. The Web site said it will feature an open-air swimming pool, indoor football pitch, climbing...
Vittorio Hernandez
Nov 03, 2013
The weekly downtrend has ended flat with the market closing +3 from the 5387 stop. The short term daily is on a downtrend and weakness is expected.
Admin System
Nov 02, 2013
The Australian sharemarket fell for the third time this week, with the All Ordinaries Index (XAO) down by 0.3 per cent. Thanks to a 1 per cent rise on Monday however, the market still ended modestly higher this week. This is the 17th week in 19 that Australian shares finished in the black.
Vittorio Hernandez
Nov 01, 2013
Citi analysts are optimistic of better times ahead for Australia and forecast the country would begin to register economic expansion by the middle of 2014.
Vittorio Hernandez
Nov 01, 2013
Sellers have made several attempts to push the market lower in early trade although the local index has shown the resilience that has become something of a trade mark in recent weeks.
Vittorio Hernandez
Nov 01, 2013
Apple iOS 7 “Cause of Death” video sends creeps just in time for Halloween
Athena Yenko
Nov 01, 2013
In spite of gold losing much of its sheen in 2013 as global prices plummeted to record-low levels, the yellow metal nevertheless significantly contributes to the global economy.
Vittorio Hernandez
Nov 01, 2013
Apple iPad marketshare slides 11 per cent, Android showed significant gain
Athena Yenko
Nov 01, 2013
Reading the moves on the market yesterday I was struck by how limited the moves really were and the tepidness of volumes throughout the entire market.
Vittorio Hernandez
Nov 01, 2013
Qantas Airlines of Australia and Japan Airlines on Thursday announced they will be increasing their stake ownership in low-cost subsidiary, Jetstar Japan.
Esther Tanquintic-Misa
Nov 01, 2013
In US economic news, the Chicago PMI surged from 55.7 to 65.9 in October. This was a high since March 2011. The main driver of the jump was a surge in orders from 58.9 to 74.3. Production jumped from 58.0 to 71.1 and employment lifted from 53.2 to 57.7. Initial jobless claims dipped from 350k to 340k in the past week.
Vittorio Hernandez
Nov 01, 2013
Ashton Kutcher was reportedly hired by Lenovo as its new product engineer. Not only will he act as an engineer for the company, but also as a celebrity endorser for the brand.
Janice Somosot
Nov 01, 2013
Black clouds threaten Europe's recovery, taking the pressure off the USDBy Kathleen Brooks, Research Director UK EMEA, FOREX.
Admin System
Nov 01, 2013
Local stocks ended slightly weaker on Thursday. At face value it was an unflattering result although when measured against the lows of the session, when the index was down 32 points, it was a solid come back.
Vittorio Hernandez
Oct 31, 2013
Several Dell users complained against Latitude 6430u Ultrabooks for smelling of cat urine.
Sounak Mukhopadhyay
Oct 31, 2013
The Burger King (BK) 'Wicked Winter' ad is not socially responsible for promoting burgers as an effective hangover cure, according to the New Zealand Advertising Standards Authority (ASA).
Janice Somosot
Oct 31, 2013
The All Ordinaries Index (XAO) lost ground from the start of today's trading session hit by weakness in the banking sector. Overnight the US Dow Jones Index overnight, closed weaker after the latest statement from the US central Bank (The Federal Reserve) showed little change over the last month.
Vittorio Hernandez
Oct 31, 2013
Apple admits that iPhone 5s had battery issues and promises replacement for affected users
Athena Yenko
Oct 31, 2013
Google Earth had reportedly snapped an apparition of Jesus walking with the Blessed Virgin Mary
Athena Yenko
Oct 31, 2013
Jay Harish Shah, an Indian passenger who travelled on Air France, is now demanding a valid explanation for the alleged discrimination against the South Asian passengers who were left stranded at the Charles De Gaulle Airport in Paris.
Sounak Mukhopadhyay
Oct 31, 2013
Is Apple's (AAPL) iPhone finally penetrating through in China in November 2013? Speculators are getting anxious over the idea based from the latest advert that China Mobile, the world's largest mobile carrier, placed on its Web site.
Esther Tanquintic-Misa
Oct 31, 2013
New Zealand ranks fifth in world’s most prosperous nation to live in, based on the 2013 Legatum Prosperity Index. The international report contains the rankings of 142 nations in terms of wealth and well-being.
Reissa Su
Oct 31, 2013
By Jonathan BarrattWe continue to be bearish oil in 2014, however we are fully aware the market takes time to find its terminal point given a particular set of ideas.
Admin System
Oct 31, 2013
As expected, the status quo was maintained on US monetary policy.
Vittorio Hernandez
Oct 31, 2013
In US economic news, consumer prices rose by 0.2pct in September with the core rate up 0.1pct, below forecasts for a 0.2pct gain. The ADP employment index shows that 130,000 private sector jobs were created in October, below forecasts of a 150,000 gain.
Vittorio Hernandez
Oct 31, 2013
