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Daily forex forecast - 07/5/2010

Disappointing Retail Sales data saw the AUD move lower in Asia yesterday falling from 0.9090 to enter offshore exchange hovering on the precipice of the psychological 90 cent level.

Warner Music loss narrows, shares rise

Warner Music Group posted a narrower-than-expected quarterly loss on Thursday as growth of digital sales helped compensate for declining CD revenue, sending its shares up nearly 10 percent.

Warner Music quarterly losses narrow

Warner Music Group, the world's third largest music company, posted a narrower-than-expected quarterly loss on Thursday as growth in digital services overshadowed the decline in music CD sales.

Nike sees global swoosh with sales up 40% by '15

Nike Inc expects its revenue to rise more than 40 percent to $27 billion by 2015, helped by new stores and demand for its namesake brand and smaller brands like Converse, the athletic giant said on Wednesday.

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ODL Group Limited to be acquired by FXCM Holdings, LLC

ODL Group Limited (ODL), a leading, independent forex, derivatives, equities and commodities broker, announces today that it has agreed on terms to be acquired by US-based FXCM Holdings LLC (FXCM), a leading global forex broker that caters to both retail and institutional markets. ODL's strong UK and European businesses will provide an excellent complement to FXCM's sizeable operations in both the United States and Asia. The combined companies will operate as one of the largest non-bank fore...

Greek woes hit Asian shares, euro down

A tumble in global stocks spread to Asia on Wednesday as fears heightened that Greece's debt woes could spread to other countries, which pushed the euro down to one-year lows against the dollar.

News Corp profit up on Avatar, but outlook disappoints

News Corp's quarterly profit beat expectations thanks to the 3-D blockbuster Avatar and strong cable networks, but the media conglomerate's shares fell 4 percent after its outlook disappointed some investors.

Molson Coors profit disappoints

Molson Coors Brewing Co posted a lower-than-expected quarterly profit, hurt by higher expenses and falling sales volume, but its shares pared losses with the announcement of a new venture in China with a local brewer.

Daily forex forecast - 05/5/2010

:: Australian Dollar: The Aussie dollar bounced off support between 0.9220 and 0.9230 on several occasions over the last 24 hours to open this morning relatively unchanged from yesterday's close at 0.9260.

Daily forex forecast - 04/5/2010

Australian Dollar: The Aussie dollar bounced off support between 0.9220 and 0.9230 on several occasions over the last 24 hours to open this morning relatively unchanged from yesterday's close at 0.9260.

Investors skeptical of record Greek bailout

Markets reacted skeptically on Monday to a record 110 billion euro ($145 billion) bailout for Greece, with investors doubting it would offer more than temporary relief to a euro zone shaken by divisions and saddled with high debt.

Stock futures signal gains; eyes on airlines

U.S. stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.31 percent, Dow Jones futures up 0.16 percent and Nasdaq 100 futures up 0.3 percent.

Euro, stocks fall on Greece bailout fears

The euro dropped on Monday and stocks fell on fears that a 110 billion euro bailout of Greece will face stiff political challenges, while fresh steps by China to cool its economy added to near-term uncertainty.

Euro sinks, stocks fall on Greece bailout worries

The euro sank nearly 1 percent on Monday and stocks fell on fears that a 110 billion euro bailout of Greece will face stiff political challenges, while fresh steps by China to cool its economy added to near-term uncertainty.

Five Minutes of “Greens” Boost a Healthy Mind

Researchers from the University of Essex found that exposing five minutes of a green activity such as walking, gardening or cycling can boost mood and self esteem.

Australian dollar outlook 3/5/2010

Australia: The Australian Dollar fell on Friday's trading again on the back of weaker equity markets and talk increased that US investment bank Goldman Sachs might be the subject of a criminal prosecution by the US Justice Department in addition to the civil case recently brought by the SEC.

Daily forex forecast - 03/5/2010

:: Australian Dollar: The Australian Dollar opens?the new week lower against a stronger greenback at 0.9225 after a steady local session last Friday.

Bolivia nationalizes four power companies

Leftist Bolivian President Evo Morales said on Saturday he had nationalized four power companies, including a subsidiary of France's GDF Suez, in his drive to tighten state control over the impoverished economy.

Buffett makes good bets, bad bets

Warren Buffett may be the world's most famous investor, but even he doesn't get everything right.

Nissan's Leaf electric vehicle to be in the black

Nissan Motor Co said on Thursday it is on track to book 25,000 U.S. orders for its Leaf electric vehicle by the end of the year and the automaker will be making money on the green car.

Barclays profits rise, BarCap misses lofty hopes

Barclays Plc's investment bank results failed to match the lofty growth shown by many rivals, knocking its shares and taking the shine off a 47 pct rise in group quarterly pretax profit.

Stocks rise, euro wavers; await Greek rescue news

Stocks rose on Friday and the euro steadied on hopes that a fractious European Union will agree on a bailout package for Greece within days as it struggles to keep the debt crisis from spreading to other weak countries. Shares were also buoyed by strong earnings reports from major U.S. companies, which pushed up Wall Street stocks and bolstered hopes that the world's largest economy was picking u...

Discovery: nasal spray that makes men more emphatic

Scientists in Germany and England claim they have invented a nasal spray that makes men more caring, sensitive and affectionate.

Daily forex forecast - 30/4/2010

Australian Dollar: The Aussie spent the last 24 hours trading above US92 cents and is supported by our yield advantage after the U.S. Federal Reserve kept interest rates unchanged this week and maintained their oft-repeated mantra to leave interest rates at exceptionally low levels for an extended period of time.