Daily Market Report
Technical Analysis Daily Majors & Minors
Euro rallied higher to 1.3221 on short-covering at European open on Thursday. But
after european news coming out today at 10am – will this rally continue?
Quick Daily update
Shares in the struggling supermarket Tesco have fallen more than 8% after the group
cut its profit forecast and dividend.
Malaysia Airlines is to cut 6,000 staff as part of recovery plan after being hit by two
air disasters this year.
House prices edged up by 0.8% in August, according to the UK's biggest building
society, the Nationwide.
Daily News To Watch
Friday, 29th August 2014 Previous Forecast Actual
10:00am EUR CPI Flash Estimate y/y 0.4% 0.3%
13:30pm CAD GDP m/m 0.4% 0.3%
By Nikhil Pankhania
Senior Market Analyst & Trader