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Euro Signals Uptrend on Signs of Economic Recovery in EU

  The Euro was pushed lower against its rivals when Mario Draghi, the President of the ECB, announced an extension to the quantitative easing program in December 2016. One of the currencies which immediately strengthened following the announcement was the

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Wells Fargo Turns Weak on Missing Q4 Estimates

  After recording a 12-month high of $58.02 in early December 2016, the stock of Wells Fargo & Company (NYSE: WFC) is on a decline. The bank holding company, tainted by bogus accounts scandal, reported a decline in the fiscal

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JP Morgan Beats 4Q16 Estimates; Concerns Remain

  JP Morgan Chase & Co (NYSE: JPM), the largest lender in the US, reported yet another stunning result. The bank’s fiscal 2016 fourth-quarter results surpassed analysts’ estimates. Furthermore, the bank ended fiscal 2016 with revenues of $99.1 billion, just

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Pound Signals Uptrend on Rise in Manufacturing Activity

  The UK economy posted a 30-month high manufacturing PMI reading of 56.1 in December. However, Brexit related concerns overshadowed the positive economic data and pushed the Pound lower against most of the top ten traded currencies including the Swiss

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Innovations to Gain Market Share Turns P&G Bullish

  One of the few stocks which did not participate in the ‘Trump’ rally is the FMCG giant Procter & Gamble Co (NYSE:PG). The fiscal 2017 first-quarter sales of $16.5 billion was only 0.19% higher than the sales in the

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Soft Industrial Growth and Unemployment Drag Euro Downwards

  The rise of the US dollar in the last two months of 2016 – following the victory of Donald Trump in the US Presidential election and the Fed’s outlook of three rate hikes in 2017 – pushed the Japanese

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Facebook Up on Attractive Valuations and Growth Prospects

  In spite of posting an overwhelmingly positive third-quarter results that exceeded estimates, the stock of social media giant Facebook Inc. (Nasdaq: FB) lost nearly 10% value to record a low of $114.29 in mid-November. The company’s warning about the

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IoT Related Services to Spur Cisco’s Growth

After reporting reasonably good fiscal 2017 first-quarter earnings that beat analysts’ estimates, the stock of networking equipment manufacturer Cisco Systems Inc. (NASDAQ: CSCO) recorded a high of $31.87 in November. However, in mid-November, the stock fell sharply on the backdrop

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Loonie Rises on Positive Trade and Employment Figures

  The implementation of crude oil production cut by OPEC and other oil producing nations, and general perception about the Greenback as an overbought currency pushed the USDCAD lower to 1.31767 in the first week of January 2017. While some

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Exxon Remains Bullish on Prospects of Rise in Crude Price

  The stock of Exxon Mobil Corp (NYSE: XOM), which closed at $89.90 yesterday, is just $5 away from the 12-month high of $95.55. Being a diversified oil and natural gas company, Exxon Mobil was able to manage the low

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