• Nasdaq short interest down 0.5 percent in early December

    Nasdaq short interest down 0.5 percent in early December
    Short interest on the Nasdaq fell 0.5 percent in the first half of December, the exchange said on Thursday. As of Dec. 15, short interest fell to about 8.85 billion shares, compared with 8.894 billion shares as of Nov. 30.
  • Dominion Diamond investors to push for boardroom shake-up -source

    Dominion Diamond investors to push for boardroom shake-up -source
    TORONTO, Dec 24 (Reuters) - A group of activist shareholders plans to ask for several seats on Dominion Diamond Corp's board at a meeting with the company planned for early January and will seek to...
  • No gift for Wall Street on Christmas Eve

    No gift for Wall Street on Christmas Eve
    "People are saying 'Hey, I want to protect my portfolio and my gains and let's make sure we're in a defensive position come Monday'," said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. The Nasdaq Composite added 0.25 percent to 5,058.42.
  • Oil continues recovery, dollar slips in quiet trade

    Oil continues recovery, dollar slips in quiet trade
    By David Gaffen NEW YORK (Reuters) - A fourth day of gains in oil prices helped lift European shares on Thursday, while an almost 1 percent drop against the euro this week took the shine off a strong 2015 for the dollar. Markets were subdued, with a number of major bourses, including those in Germany, Brazil, Norway closed entirely, while several other markets were set to close early for the Christmas holiday. Wall Street dipped modestly in subdued trading on an abbreviated day that was set to c
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  • Wall Street sees little cheer on Christmas eve

    Wall Street sees little cheer on Christmas eve
    Equity markets will close at 1 p.m. EST (1800 GMT) on Thursday, ahead of the Christmas Day holiday on Friday. At 9:39 a.m. ET, the Dow Jones industrial average was down 35.48 points, or 0.2 percent, at 17,567.13, the S&P 500 was down 1.89 points, or 0.09 percent, at 2,062.4 and the Nasdaq Composite index was up 4.29 points, or 0.09 percent, at 5,050.23.
  • Brent: price under pressure

    Forex analytics: Current trendThe price of Brent crude oil continues falling amid a ban lift on oil exports from the US and the OPEC decision not to reduce production quotas for countries in the cartel. Many experts, however, doubt that American oil can significantly affect the price on the market. However, in the beginning of the next year sanctions could be lifted from Iran that would increase supply excess ...
  • Wall Street set for small gains on Christmas eve

    Wall Street set for small gains on Christmas eve
    U.S. stocks index futures were little changed on Thursday, ahead of a shortened trading session on Christmas eve. Stock markets will close at 1:00 p.m ET (1800 GMT) and remain shut on Friday for Christmas. Crude prices were up marginally, with U.S. crude set for gains for the fourth straight day.
  • GBP/USD: pair in downward trend

    Forex analytics: Current trendSince the middle of the month, the pair significantly fell and lost more than 400 points as it was pressured by the Fed decision on interest rates.At the same time, this week the US Dollar is in correction to most of the major currencies. However, the pair continued falling that could indicate a weakness of the Pound.Yesterday’s final GDP data for the third quarter of the ...
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  • XAU/USD: price of gold grew

    Forex analytics: Current trendSince the opening of the trading day, the XAU/USD pair has strengthened. Precious metals prices gained support from a rise in oil prices amid the publication of Crude Oil Stock Change statistics. Yesterday, the Energy Information Administration reported a fall in US crude inventories while an increase was expected.However, as the Fed aims at gradual tightening of monetary policy ...
  • Initial and Continuous Jobless Claims. USA, 3:30 pm

    Forex analytics: Initial and Continuous Jobless Claims statistics for the week ended 18 December are due at 3:30 pm (GMT+2) in the US. The number of Initial Jobless Claims is expected to decline slightly to 270K from 271K in the previous week.
  • FTSE 100: Santa Claus Delivers

    FTSE 100: Santa Claus Delivers
    FTSE 100 remains strong and traders not long on the back of yesterday's break to 6172 will probably use a pullback as a reason to enter long positions
  • European shares propped up by rise in Britain's FTSE

    European shares propped up by rise in Britain's FTSE
    A rise in the British stock market, whose commodity-related companies climbed on the back of a further rebound in oil prices, propped up European equities on Thursday. Britain's blue-chip FTSE 100 index rose 0.2 percent. Germany's DAX market was closed, while other markets were due to have a half-day ahead of the Christmas holiday, and trading volumes were below average.
  • USD/CHF: flat in pair

    Forex analytics: Current trendYesterday the pair strengthened and recovered some of the losses of the previous day.The pair was supported by quite strong macroeconomic statistics from the US. Durable Goods Orders for November did not show an expected fall of 0.7% and remained at the same level as in the previous month. Data on Personal Income, Reuters/Michigan Consumer Sentiment Index and New Home Sales came ...
  • Merry Christmas!

    Merry Christmas!
    Dear clients, The LiteForex Company is happy to wish you a Merry Christmas! It's one of the most important religious holidays, which commemorates Jesus Christ's birth on December 25. May your hearts be filled with peace and inspiring joy, and may warmth and hope reign in your homes!And we promise that our cooperation will stay fruitful and convenient for you. Yours faithfully, LiteForex
  • AUD/USD: growth slowed down

    Forex analytics: Current trendOn Wednesday, the AUD/USD pair was trading mixed and ended the day near the opening level and a local high. The American currency managed to gain support from macroeconomic statistics, released in the US.Durable Goods Orders remained unchanged in November while analysts expected a 0.7% decline. However, Durable Goods Orders ex Transportation for November came in at -0.1%, below ...
  • US Dollar Retreats as Post-FOMC Correction Continues

    US Dollar Retreats as Post-FOMC Correction Continues
    The US Dollar faced broad-based selling pressure against the major currencies as prices continued to correct following last week’s Fed interest rate hike.
  • Unconverted: Contrarian economist unswayed by Fed’s liftoff

    Unconverted: Contrarian economist unswayed by Fed’s liftoff
    By Richard Leong NEW YORK (Reuters) - In the spring of 2014, Mizuho Securities USA's chief economist Steven Ricchiuto planted his flag for the projected date of the Federal Reserve’s first post-crisis rate hike in mid-2016, further into the future than any of his peers. Virtually alone among major Wall Street house economists at the time, Ricchiuto was skeptical of the conventional wisdom that lift-off would happen by the end of 2015. Up until Dec. 15, the day before the Fed did ultimately
  • Yen Steady as Meeting Minutes Overshadowed by BOJ Rate Decision

    Yen Steady as Meeting Minutes Overshadowed by BOJ Rate Decision
    The Japanese Yen showed a tepid response against the US Dollar after the Bank of Japan released its minutes from the November monetary policy announcement.
  • China Vanke says welcomes Anbang as a major shareholder

    China Vanke says welcomes Anbang as a major shareholder
    SHANGHAI, Dec 24 (Reuters) - China Vanke Co hailed on Thursday a decision by privately owned Anbang Insurance Group to buy a stake, days after it dismissed as unwelcome a similar investment by...
  • Asian shares rise, crude oil rebounds

    Asian shares rise, crude oil rebounds
    By Lisa Twaronite TOKYO (Reuters) - Asian shares were higher in early Asian trade on Thursday, heartened by gains on Wall Street and a recovery in crude oil prices in thin trading ahead of this week's Christmas holiday. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.4 percent, after Wall Street logged its third straight session of gains. U.S. crude futures were up 0.9 percent at $37.83 a barrel.

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