Market News and Analysis






Market News and Analysis

Nickel gains despite possible rise in global surplus
Fri, 22 Mar 2013 07:56:07 GMT
 
Base metals were mixed on Thursday amid weak PMI readings in the Eurozone and escalated concerns over Cyprus bailout. Limiting the downswing, China's HSBC flash PMI data indicated that the >>
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Precious Metals
Fri, 22 Mar 2013 07:45:06 GMT
 
Precious metals apart from palladium advanced on Thursday amid weaker greenback and mounting uncertainty over Cyprus bailout. Moreover, the Fed's decision to keep its policy loose continued to lift the >>
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Platinum inches up on Fed decision, demand hopes
Fri, 22 Mar 2013 07:34:06 GMT
 
Precious metals apart from palladium advanced on Thursday amid weaker greenback and mounting uncertainty over Cyprus bailout. Moreover, the Fed's decision to keep its policy loose continued to lift the >>
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Philadelphia's manufacturing activity surprisingly improved in March
Thu, 21 Mar 2013 19:46:07 GMT
 
Philadelphia's manufacturing activity improved unexpectedly in the month of March, according to a survey released by the Reserve Bank of Philadelphia on Thursday, when the diffusion index of current situation >>
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Hong Kong's CPI increases amid Lunar New Year's timing
Thu, 21 Mar 2013 19:35:06 GMT
 
Consumer price inflation in Hong Kong advanced to its ten-month high in February mainly caused by the difference in the Lunar New Year's timing which occurred not in January, but >>
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Retail sales of Canada increased to $38.9 billion during the January
Thu, 21 Mar 2013 19:24:05 GMT
 
Retail trades of Canada increased 1% to $38.9 billion during January, reimbursing the decrease of December. Gains were discovered in 7 of 11 sectors, indicating 52% of the total retail >>
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U.S. jobless claims rise last week; trend suggests improvement in labour market though
Thu, 21 Mar 2013 19:13:09 GMT
 
The total number of people applying for jobless benefits in the world's largest economy increased last week, however a trend gauge fell to the lowest level in a five-year period >>
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U.S. existing home sales reach 3-year high in February
Thu, 21 Mar 2013 19:02:06 GMT
 
U.S. existing home sales increased modestly below initial forecast in February reaching the highest level since November 2009, a data released by the National Association of Realtors reported on Thursday. >>
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Eurozone's PMI drops to 46.5 points in March
Thu, 21 Mar 2013 18:51:09 GMT
 
Economic downturn in the 17-nation bloc has deepened in the month of March- even before unsuccessful bailout plan for Cyprus- as private sector economic activity declined, the Markit Economics reported >>
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U.K. equities down for a fifth day
Thu, 21 Mar 2013 18:40:13 GMT
 
U.K. equities dropped for a fifth consecutive day for a longest streak of losses in 10 months as manufacturing in the Eurozone shrank, indicating that U.K.'s largest trading partner faces >>
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S&P 500 Index
Thu, 21 Mar 2013 18:29:07 GMT
 
U.S. equities rebounded from earlier losses this week, as the Federal Reserve extended its bond buying program to bolster economic growth and Eurozone's policy makers weighed options for a bailout >>
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Dow Jones Industrial Average
Thu, 21 Mar 2013 18:18:07 GMT
 
U.S. shares snapped losses earlier this week, as Federal Reserve will continue asset purchasing to stimulate growth in the world's largest economy and Euro-area policy makers are working on a >>
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Hang Seng Index
Thu, 21 Mar 2013 17:56:06 GMT
 
Hong Kong stocks retreated on Thursday ahead of corporate earnings reports, while broker downgrades dragged down China's internet giant Tencent holdings. The Hang Seng Index dropped 0.1% to 22,225.88 points. >>
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USD/CAD touches the Bollinger band
Thu, 21 Mar 2013 17:45:05 GMT
 
The loonie faces a bearish pressure in recent days, as the price attempted to breach the 20-day SMA at 1.0262 unsuccessfully. >>
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FTSE 100 Index
Thu, 21 Mar 2013 17:41:11 GMT
 
U.K. equities dropped for a fifth consecutive day for a longest streak of losses in 10 months as manufacturing in the Eurozone shrank, indicating that U.K.'s largest trading partner faces >>
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