02/02/2015 Press Review 16:30 GMT, Monday, February 02, 2015 ►►► Economy ►►► Politics RTT News ► Norway Manufacturing Sector Expands Unexpectedly In January Norwegian manufacturing sector expanded unexpectedly in January to its strongest level in ten months, driven by increased production and new orders, survey data from the Norwegian Association of Purchasing and... International Business Times ► Pro-Russian Rebel Leader Zakharchenko To Recruit 100,000 Fighters As Ukraine Crisis Intensifies Alexander Zakharchenko, the current head of the self-proclaimed Donetsk People's Republic, has announced plans to recruit 100,000 men as fighting... China.org.cn ► Foreign firms in China seeking tax advice China's vow to increase scrutiny on foreign companies sent them rushing to tax advisers ahead of Sunday's implementation of new rules designed... Business Insider ► The US wants to lure a strategic South Asian island nation away from China The surprise defeat of Sri Lanka's authoritarian leader and the new government's early steps to end repression have stirred U.S. hopes that the... ►►► Currencies ►►► Markets WBP Online ► EUR/USD: Dollar Marginally Lower After Labor Data The euro-dollar pair remained above the $1.1300 handle after US data, but the upside potential seems to be limited. Market Watch ► Gold drifts lower after biggest monthly jump in 3 years Gold futures edged lower Monday, retreating as U.S. stocks looked to begin the week on a positive note, but remain up solidly for the year after posting the biggest monthly rise in three years in January. Trading Floor ► Swiss Franc Drops to Two-Week Lows The value of the Swiss franc dropped to two-week lows against both the euro and the U.S. dollar on Monday, with strategists pointing to a local media report that the Swiss National Bank is unofficially operating a currency corridor and intervening to stem the franc's rally. FX Street ► WTI Crude recovers losses Crude prices in the US recovered losses as the energy markets shrugged off the growth concerns triggered by the contraction in the Chinese manufacturing activity. ►►► Top Videos ►►► Opinions CNBC ► Obama's 2016 fiscal budget: Jason Furman Council of Economic Advisers Chairman Jason Furman, discusses President Obama's budget proposal. Boris Schlossberg ► Euro Steady While Cable Wobbles It's been a topsy-turvy night of trade for GBP/USD. With the pair first pushing higher off slightly better than expected headline PMI Manufacturing reading only to reverse sharply on EUR/GBP flow. Bloomberg ► Exxon Profit Declines on Market Collapse Exxon Mobil reported a steep drop in fourth-quarter profit that still handily beat expectations as the rout in oil prices ushered in an era of frugality for an industry that reaped $3.2 trillion in sales last year. Nina Khrushcheva ► What does Vladimir Putin really want in Ukraine? Confusion, confusion, confusion! This is how Russian President Vladimir Putin, increasingly isolated from Western conversations, keeps the world on its toes. Dukascopy Bank SA, Route de Pre-Bois 20, International Center Cointrin, Entrance H, 1215 Geneva 15, Switzerland tel: +41 (0) 22 799 4888, fax: +41 (0) 22 799 4880 [email protected] Fundamental Analysis Expert Commentary Technical Analysis Dukascopy Bank Sentiment Index Press Review Trade Pattern Ideas Market Research Global Stock Market Review Newest releases and archive: Fundamental Analysis Technical Analysis Press Review Market Research Expert Commentary Dukascopy Sentiment Index Trade Pattern Ideas Global Stock Market Review Commodity Overview Economic Research Quarterly Report Aggregate Technical Indicator Additional information: Dukascopy Group Home Page Market News & Research FXSpider Live Webinars Dukascopy TV Daily Pivot Point Levels Economic Calendar Daily Highs/Lows SWFX Sentiment Index Movers & Shakers FX Forex Calculators Currency Converter Currency Index CoT Charts Social networks: Commodity Overview Economic Research Dukascopy Aggregate Technical Indicator Disclaimer Everything in this article, including opinions and figures, is provided for informational purposes only and may not be interpreted as financial advice or solicitation of products. Dukascopy group assume no responsibility for the completeness or the accuracy of any data contained in this article. Financial figures indicated in this article have not been verified by the Dukascopy group. Views, opinions and analyses are those of the author of the article, and are not endorsed by the Dukascopy group. Dukascopy group waive any and all warranties, express or implied, regarding, but without limitation to, warranties of the merchantability or the fitness for a particular purpose, with respect to all information in this article. Dukascopy group shall under no circumstances be responsible for any direct, indirect, consequential, contingent or any other damages sustained in connection with the use of this article. Dukascopy Bank SA, Route de Pre-Bois 20, International Center Cointrin, Entrance H, 1215 Geneva 15, Switzerland tel: +41 (0) 22 799 4888, fax: +41 (0) 22 799 4880 [email protected]