Global News

Historical data reveals that Gold tends to rally during Thanksgiving celebration in the U.S. – which is held on the 4th Thursday of November of each year. Gold rally often takes place in the week in which the celebration is observed, but in order to check the validity of this trading idea, we would like […]

Shares of Pfizer (NYSE:PFE) and Allergan (NYSE:AGN) fell in premarket trading this morning following the announcement that Pfizer would merge with Allergan for a record-breaking healthcare price of $160 billion. I first heard the rumors yesterday that Pfizer  might be poised to acquire Dublin-based Allergan. It struck me as a bit odd, because I was fairly certain that […]

The USD/JPY did not make any significant directional movement last week. It just went up and down in a shallow manner, though the bullish bias remains valid. This week, there is a probability that the pair could continue moving upwards, owing to the expected loss of stamina in the Yen. EUR/USD: There was no directional […]

Construction work begins after 2 years of planning on a new power plant that could provide up to 235,000kW more electricity per day to the local grid – Important milestone in much needed redevelopment of the field – Power station to be powered by captured Rumaila gas. Basra, Iraq, 15 November: Construction work has begun […]

Final Results Agriterra Limited, the AIM listed pan-African agricultural company, has announced its audited final results for the year ended 31 May 2015. Chairman’s statement (In full) Agriterra continues to centre on building a sustainable agricultural business with its portfolio focussed on beef and maize in Mozambique and cocoa in Sierra Leone. As reflected in […]

New Copper Discovery at Kvemo Bolnisi, Georgia Noricum Gold Limited, the European focused base and precious metals development company, has announced that a new high grade copper target has been identified at the Kvemo Bolnisi target, one of two priority targets located on the Company’s 861 sq km Gold and Copper Project in the Republic […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD did not make any serious directional movement last week, for what was seen was slow short-term movements to the upside and downside (and they were nothing significant). On Friday, price closed at 1.0645, highlighting the ongoing weakness in the pair. There is a […]

Trading update, establishment of industrial division and acquisition Atlas (AIM:ADSS) is creating an industrial division with an initial focus on consumer based industrial projects to broaden its business offering. The industrial division will allow Atlas to take advantage of unique on the ground access to highly prospective industrial projects in exciting growth markets. As part […]

Sierra Leone Organic Cocoa Trading Agreement Agriterra, the AIM listed pan-African agricultural company, has announced that its wholly owned Sierra Leone cocoa business, Tropical Farms Limitedhas signed a trading agreement with a leading global company focused on natural, organic and specialty foods. Under the terms of the Trading Agreement, Tropical Farms will use its organic […]

Production Commences at Kernel Crushing Plant Adding a Further Significant Revenue Stream at Palm Oil Project in Cote d’Ivoire DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Côte d’Ivoire, has announced that commercial production and sales of Palm Kernel Oil and Palm Kernel Cake have commenced following […]