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We offer automated forex trading solution based on our forex signals. This is an excellent alternative to Managed Forex Accounts. You do not pay commissions, no performance fee, low accounts size. We use a Swiss Bank as a custodian bank and liquidity provider.

Fed Concerns Contribute To Lackluster Session On Wall Street – U.S. Commentary

By admin On May 24, 2013 · Add Comment

There was a mixed performance on Wall Street on Friday. Shares suffered an early decline, as investors continued to express worries about the Federal Reserve. A recovery through the rest of the day allowed the Dow to edge into positive territory by the close. The Nasdaq and S&P 500 posted fractional losses.

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Crude Oil Ends Lower On Demand Concerns

By admin On May 24, 2013 · Add Comment

U.S. crude oil pared early losses but ended lower for a third straight session Friday, on demand growth concerns after some weak manufacturing data out of China yesterday, even as investors mulled over prospects of the U.S. Federal Reserve scaling down its quantitative easing program in the coming months. The downturn came despite some positive [...]

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Gold Ends Lower On Data; Gains 1.6% For Week

On May 24, 2013 By admin

Gold futures settled lower Friday, on some upbeat data from the U.S. with durable goods orders rebounding more than anticipated in April. The downturn in gold prices comes ahead of an extended weekend despite the dollar turning weak against some major currencies and declining global equity markets. For the week, gold prices gained 1.6 percent.

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Stocks Come Under Pressure Amid Worries About The Fed – U.S. Commentary

On May 24, 2013 By admin

Stocks have shown a notable move to the downside in early trading on Friday amid lingering concerns about the outlook for the Federal Reserve’s asset purchase program. The major averages have slid firmly into negative territory, adding to the modest losses posted in the previous session. The major averages are currently posting notable losses, near [...]

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U.S. Durable Goods Orders Rise 3.3% In April, More Than Expected

On May 24, 2013 By admin

After reporting a sharp drop in new orders for manufactured durable goods in the previous month, the Commerce Department released a report on Friday showing that durable goods orders rebounded by more than anticipated in the month of April. The report said durable goods orders surged up by 3.3 percent in April after tumbling by [...]

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Stocks May Move Lower As Upbeat Data Raises Fed Concerns – U.S. Commentary

On May 24, 2013 By admin

After showing a substantial recovery over the course of the previous session, stocks are likely to come under pressure in early trading on Friday. The major index futures are currently pointing to a lower open for the markets, with the Dow futures down by 42 points.

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Hibbett Sports Posts Lower Profit In Q1, But Backs Full-year View

On May 24, 2013 By admin

Sporting goods retailer Hibbett Sports, Inc. Friday reported a marginal decline in first-quarter profit, citing a colder weather, which impacted its performance. Earnings per share, as well as revenues increased from last year, while missed analysts’ consensus estimates.

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Abercrombie & Fitch Slashes 2013 Outlook As Q1 Results Miss Estimates

On May 24, 2013 By admin

Casual apparels retailer Abercrombie & Fitch Co. reported Friday a loss for the first quarter that narrowed from last year, reflecting significantly improved gross margins amid lower product costs. Loss per share came in wider than analysts’ expectations, and quarterly revenues missed their estimates. The company also slashed its earnings guidance for the full-year 2013.

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German Business Morale Improves For First Time In 3 Months

On May 24, 2013 By admin

Sentiment among German companies strengthened in May for the first time since February due to an improvement in current conditions, indicating that the economy remains on track despite a challenging environment. Moreover, the GfK survey forecast German optimism to reach its highest level in more than five years.

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Asian Stocks End Mixed; Nikkei Rises After Turbulent Trading

On May 24, 2013 By admin

Asian stocks traded mixed on Friday, with extreme volatility in Japanese shares keeping investors nervous. Japan’s Nikkei index swung over 1,000 points for a second day in a row before ending notably higher on optimism over earnings growth and the economy.

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