Market News and Analysis
Precious Metals
Tue, 12 Mar 2013 08:54:02 GMT
Precious metals were mixed on Monday as investors were cautious ahead of
another EU Economic Summit due later in the week. Physical demand
concerns also weighed. Firm China's CPI stocked >>
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Platinum edges down as supply-side support wanes
Tue, 12 Mar 2013 08:43:04 GMT
Precious metals were mixed on Monday as investors were cautious ahead of another EU Economic Summit due later in the week. Physical demand concerns also weighed. Firm China's CPI stocked >>
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Yen drops on Bank of Japan comments
Tue, 12 Mar 2013 08:32:04 GMT
The Japanese Yen was lower by 0.2% to 96.51 per the U.S. Dollar in the second part of Tokyo trading session on Tuesday. During today's session, the pair touched 96.71, >>
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China's stocks slip for a forth straight day
Tue, 12 Mar 2013 08:21:05 GMT
The Shanghai Composite Index lost 1.4% and decreased to 2,277.70 points by midday trading session in Beijing on Tuesday. The major China's equity gauge is on a slide for a four straight >>
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U.S. shares rally on Monday sending the Dow higher
Tue, 12 Mar 2013 08:10:04 GMT
U.S. equities advanced on Monday, as financial stocks rose. In addition, the CBOE Volatility Index tracking cost of using options as insurance against decrease in the S&P 500 Index slumped >>
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Swiss retail sales growth slowed
Tue, 12 Mar 2013 07:59:02 GMT
The pace of growth of retail sales in Switzerland slowed more than initially was expected in January, indicating weak consumer spending, which accounts for the majority of overall economic activity. >>
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Japan core machinery orders down 13%
Tue, 12 Mar 2013 07:48:02 GMT
Japanese core machinery orders tumbled significantly in January, suggesting that despite Shinzo Abe's pledge to do whatever it takes to boost the economy, investors and manufacturers are still concerned over >>
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U.K. business group calls for urgent actions
Tue, 12 Mar 2013 07:37:03 GMT
The time is running out for George Osborne's plans to turn-around the country's economic fortunes, the U.K. business groups said Monday, calling for shifts in government spending towards growth measures, >>
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Paul Ryan prepares his own budget plan, compromise possible
Tue, 12 Mar 2013 07:26:02 GMT
A compromise on taxes and spending between Democrats and Republicans is still possible, thinks Republican representative Paul Ryan. >>
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French industrial output dropped as recession looms
Tue, 12 Mar 2013 07:15:02 GMT
The industrial output in Europe's second largest economy fell significantly in the beginning of 2013, adding to fears that French economy teetered on the brink of its third recession in >>
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S&P 500 moves closer to its record high
Tue, 12 Mar 2013 06:50:05 GMT
U.S. equities extended their gains with the Standard & Poor's Index approaching its record high and market volatility gauge dropping to its lowest since 2007, as lenders edged higher and >>
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Press Review: Asia & Pacific
Tue, 12 Mar 2013 06:39:01 GMT
Japan's consumer confidence improved for the second consecutive month in February, data published by the Cabinet Office showed Tuesday. >>
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Press Review: USA & Canada
Tue, 12 Mar 2013 06:28:03 GMT
The Organization for Economic Development and Cooperation predicted weaker growth for Canada, based on its reading of leading indicators in January. >>
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Press Review: Europe
Tue, 12 Mar 2013 06:17:02 GMT
Germany is experiencing higher imports from the month of January and is believed that the economic condition will soon stabilize after the slowdown it saw last year. >>
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Norway's CCI slows as forecast in February
Mon, 11 Mar 2013 21:00:03 GMT
Consumer price inflation in Norway slowed down, matching economists' predictions mainly due to a 1.1% fall of food and non-alcoholic beverages and a 2.6% drop of footwear and clothing prices. >>
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