Euro News

Alexis Tsipras, the Greek PM, is threatening to resign if the referendum next Sunday doesn’t go his way, claiming that only by voting against austerity would Greece be able to negotiate a settlement to the current crisis. The referendum will ask voters whether to accept the terms put forth last week by eurozone creditors. In […]

EURUSD filled the bearish gap left during the monday session and now it’s looking for a clear road during this week. Greece has been in the world news headlines because of the economical crisis which is happening there and EURUSD is a pair very connected with that situation. However, the technical outlook is already pointing […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold has been trending downwards recently, going below the supply level at 1199.00. The bias on the market is bearish, as efforts to push the price upwards have been invariably scuttled. Price consolidated for most part of the last week, and there could soon be a breakout to the upside […]

Shire’s (LSE:SHP) share price jumped by 45.0 points and 0.85% to 5,335.0 today after announcing that it had handily beaten earnings expectations for the first quarter ended 31 March 2015.  The average analyst earnings estimate for Shire in the first quarter was $604 million (£393 million).  If $604 was the outfield wall, Shire hit a […]

Ivrea Project: Second Exploration Permit Issued Nyota Minerals Limited (LSE:NYO) has announced that a second exploration permit at the Ivrea Project in the Piemonte Region of Italy has been issued to KEC Exploration Pty. Nyota announced on 10 February 2015 that it had entered into a binding agreement for the acquisition of 70% of KEC. […]

Extension granted for the Danica Jutland and Resources Licences, Denmark New World Oil and Gas Plc, an oil and gas operating company focused on Denmark and Belize, has reached agreement with the Danish Energy Agency to extend its existing work programme commitment deadlines for Licences 1/08, 1/09 and 2/09 to 15 September 2015. These extensions […]

The bearish bias continues to be very solid at the H1 chart in the EURUSD, as the pair is trading below the resistance level of 1.0641 Also, the EURUSD is located below the daily pivot point level of 1.0748, forming a lower low pattern and looking to reach the support zone of 1.0478. In the […]

Industry’s First ETF for European Small Cap Equity Exposure Without the Euro WisdomTree (Nasdaq:WETF), an exchange-traded fund and exchange-traded product sponsor and asset manager, today announced the launch of the WisdomTree Europe Hedged SmallCap Equity Fund (EUSC) on the NYSE Arca. EUSC seeks to provide exposure to small capitalization stocks within European equity markets while...

You just know it’s going to be a bad day when it’s time to report a 17% decline in pretax profit for any period. This morning, HSBC Holdings (LSE:HSBA), Europe’s largest bank, reported a 17% decline for the entire 12 months ending 31 December. The company’s share price followed suit post-announcement, falling more than 5.1% […]

Farm-Out of Tarbes Permit in France Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas exploration and development company with a combination of producing and exploration assets in Europe, has signed a Farm-Out Agreement in relation to its 100% owned Tarbes Val d’Adour Permit onshore France with Vermilion REP SAS, a wholly […]