Market News and Analysis
U.S. shares down on Monday amid tax levy for Cyprus
Tue, 19 Mar 2013 07:27:13 GMT
U.S. equities declined on Monday on a tax levy imposed by the Eurozone's policy makers on customer deposits held in Cypriot banks. The decision raised concerns over the area's debt >>
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Press Review: Asia & Pacific
Tue, 19 Mar 2013 07:16:04 GMT
India's central bank reduced its key interest rates by a quarter point for the second time this year, as widely expected by economists. >>
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USD/CHF retests the weekly PP
Tue, 19 Mar 2013 07:05:53 GMT
After a bearish drop to the 20-day SMA last week, the price found strong bullish sentiments and started to regain lost positions. >>
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USD/JPY rises above the weekly PP
Tue, 19 Mar 2013 07:05:31 GMT
After news from Cyprus investors reduced their risk exposure and purchased "safe haven" assets. >>
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GBP/USD faces consolidation
Tue, 19 Mar 2013 07:05:13 GMT
The British Pound faced very low volatility during a trading session on Monday, as the price fluctuated only in a 70 pips range. >>
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EUR/USD breaches the 200-day SMA
Tue, 19 Mar 2013 07:04:55 GMT
EUR/USD continues to appreciate and moves towards the upper part of the gap. >>
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Press Review: USA & Canada
Tue, 19 Mar 2013 07:02:05 GMT
The Federal Reserve will use its policy meeting next week to try to convince investors that it has no intention of slowing down or ending its ultra-loose monetary policy anytime >>
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Press Review: Europe
Tue, 19 Mar 2013 06:51:10 GMT
Finance ministers from the eurozone have asked Cyprus to reduce the burden on small investors from a proposed levy on savings, linked to a bailout. >>
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DAX Index
Mon, 18 Mar 2013 18:05:11 GMT
European equities slumped on Monday amid decision made by European
policy makers on the bailout plan for Cyprus. Investors raised concerns
over the Eurozone's economy after announcement on the tax >>
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FTSE 100 Index
Mon, 18 Mar 2013 17:54:07 GMT
U.K. shares decreased on fears that Cyprus financial problems can reignite the Eurozone's debt crisis. The FTSE 100 lost 0.46%, or 33.51 points, to 6,459.67. Seven out of ten sectors >>
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Hang Seng Index
Mon, 18 Mar 2013 17:43:08 GMT
Hong Kong stocks plummeted amid concerns that introduction of a tax levy
on bank deposits in Cyprus can throw European economy back into
recession. Hang Seng plunged 2%, or 449.75 >>
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Nikkei 225 Index
Mon, 18 Mar 2013 17:32:11 GMT
Japanese equities dropped, sending down the Nikkei 225 Stock Average to cap its biggest decline in almost one year, as the Yen strengthened against its major peers after European policy >>
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Dow Jones Industrial Average
Mon, 18 Mar 2013 17:21:08 GMT
U.S. equities jumped for the week, yet posting small losses on Friday. Dow Jones Industrial Average climbed for a fourth week, soaring 0.8% to 14,514.11 during the last week. Stocks >>
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S&P 500 Index
Mon, 18 Mar 2013 17:10:06 GMT
U.S. shares rose for a second consecutive week, with the Standard & Poor's 500 Index trading within 5 points of a record high on better-than-expected retail sales and unemployment claims >>
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U.K. equities down on concerns about European economic outlook
Mon, 18 Mar 2013 16:49:06 GMT
U.K. shares decreased on fears that Cyprus financial problems can reignite the Eurozone's debt crisis. The FTSE 100 lost 0.46%, or 33.51 points, to 6,459.67. Seven out of ten sectors >>
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