Feb7 Forex traders should conduct thorough analysis on the currency pairs they’re looking to work with before investing in them. Thus they get more informed about their trades and investments. It should be stressed that there’re two types of market analysis that Forex traders can conduct. So I’m talking about fundamental analysis and technical analysis. It’s clear that both of these kinds of market analysis have got their own compensation and disadvantages. So it makes sense to compare them. But before comparing them you should know that professional traders use both fundamental analysis and technical analysis. Thus they reach their goals. Click here to read more.. » Feb7 LONDON (ShareCast) – Online gaming solutions provider 888 said trading in 2012 has continued atrecord levels, construction on the strong performance in the closing quarter of 2011. Fourth quarterrevenue was up 28% to $91m from $71m in the corresponding quarter of 2010. As at 31 December 2011, 888 had 10.6m casino, poker and sport registered customer accounts, excluding those running virtual “try before you buy” accounts, representing an increase of 22% from 31 December 2010. The business to consumer (B2C) side of the business saw revenue jump 32% to $79m from $60m in the fourth quarter of 2010, while the Dragonfish business to business (B2B) arm grew revenue by 6% to $12m from $11m the year before. “Strong trading was led by an brilliant performance in our B2C Casino & Poker, and is the successful result of an increased strategic focus on our core competencies and the stand out success of Poker 6,” suggested Deputy Chairman Brian Mattingley. Trading in 2012 continues at record levels, with the average day after day revenue during the first 35 days of 2012 25% higher than the average during January 2011 and 2% higher than the average during the record closing quarter of 2011. Day after day average new customer recruitment increased by more than 25% compared to the fourth quarter of 2011 while day after day average deposits continued at high levels. As at 30th January 2011 the group had $83m of cash and cash equivalents, and $45m liabilities to customers. Despite the record contravention performance, the shares eased back 0.75p to 56.5p on the day of the trading update. jh  Jan18 After downgrading nine European nations including France on January 13, Standard and Poor’s announced that it will also cut the rating of the European Financial Stability Facility from AAA to AA+. The news offset a relatively successful French bond auction which saw yields fall on one year notes fall from 0.454% at a January 9 auction to 0.406%. It appears that most investors had already priced in a cut in ratings for France and the reaction of investors in the first trading session after the release of the mass downgrades was rather muted. Germany is now the only eurozone state with a stable AAA rating. The EUR has failed to went much from 18 month lows and opens the Asia morning trading at 1.2660. Click here to read more.. » Jan14 TOKYO, Jan 4 (Reuters) – A small-squeeze revive in the euro stalled in Asia on Wednesday ahead of debt auctions in Germany, with market players dubious about the euro zone’s plans to fend off a independent debt crisis as some countries face huge debt refinancing needs. The euro is meeting resistance after posting its largest one-day revive in nearly two months on Tuesday as investors heavily trimmed bearish positions in the common currency after upbeat data bolstered risk appetite. Click here to read more.. » Jan14 The French and German leaders lacked New Year cheer in their opening messages to their nations as the clocks ticked past midnight into 2012 Nicholas Sarkozy even went so far as to call on the French to be courageous in the face of the euro’s dark days ahead. In the hope of distracting their populace from their own difficulties they’re taking potshots at the British, making a scapegoat of their ancient rival across the Channel. But while the hurt eurozone is subdue dominating headlines, the ripple effects are being felt elsewhere. Asian markets in particular are struggling as one of their largest export markets start to shut up shop to unknown goods. Click here to read more.. » |
