Market News and Analysis
Aussie rises as nation's economy expands in Q4
Wed, 06 Mar 2013 06:51:03 GMT
The Aussie Dollar advanced versus most of the major counterparts as data showed Australia's economy expanded in the Q4, driven by exports and household consumption. The Dollar gained as much >>
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Press Review: Asia & Pacific
Wed, 06 Mar 2013 06:30:02 GMT
The Australian economy managed what the Reserve Bank of Australia likes to call "about trend" growth in the December quarter, the national accounts showed on Wednesday. >>
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Press Review: USA & Canada
Wed, 06 Mar 2013 06:20:01 GMT
Unwilling to cut interest rates to help restart the stalled economy, the Bank of Canada may seek to achieve the same end result Wednesday by continuing to soften its tone >>
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Press Review: Europe
Wed, 06 Mar 2013 06:09:02 GMT
European Union finance ministers neared an accord on a wide-ranging plan to strengthen bank capital requirements as they wrangled with U.K. Chancellor of the Exchequer George Osborne over proposed curbs >>
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RBA maintains cash rate at 3%, GDP growth data to release on Wednesday
Tue, 05 Mar 2013 17:28:03 GMT
Before the December's GDP growth data were released by the Australian Bureau of Statistics, the Reserve Bank of Australia made the decision to keep the cash rate at 3%, matching >>
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Spain's business activity falls in February
Tue, 05 Mar 2013 17:17:04 GMT
Service sector of Spain recorded further slow-down in the month of February as new businesses and business activity fell at the faster rates than expected and as new orders dropped >>
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Australian retail sale turnover gained 0.9% in January 2013, seasonally adjusted
Tue, 05 Mar 2013 17:06:04 GMT
According to latest ABS Retail Trade figures, seasonally adjusted, Australian retail sale turnover gained 0.9% in January 2013, following a fall of 0.4% in December 2012 and 0.2% in November >>
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Pound gains amid U.K. service data on Tuesday
Tue, 05 Mar 2013 16:55:03 GMT
The British currency strengthened for a second straight day versus its two major counterparts, the U.S. Dollar and the Euro, after a report showed bigger expansion of the U.K. services >>
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DAX Index
Tue, 05 Mar 2013 16:44:02 GMT
German shares edged higher on speculation that central banks in Europe and the U.S. will extend monetary stimulus. In addition China pledged to raise its budget deficit to spur demand. >>
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FTSE 100 Index
Tue, 05 Mar 2013 16:33:02 GMT
U.K. equities edged higher, with the FTSE 100 Index heading to its highest level in more than four years, after data showed that U.K. services industries unexpectedly expanded in February >>
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Hang Seng Index
Tue, 05 Mar 2013 16:22:02 GMT
Hong Kong equities edged higher on Tuesday amid growing optimism that the Fed will extend easing measures. In addition, Chinese economic growth target for 2013 was maintained at 7.5%. The >>
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Nikkei 225 Index
Tue, 05 Mar 2013 16:11:02 GMT
Most blue chips in the Nikkei 225 benchmark gauge edged higher amid speculation Japanese central banks will introduce more monetary easing to bolster the economic growth. However, firms depending on >>
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Dow Jones Industrial Average
Tue, 05 Mar 2013 16:00:04 GMT
Wall Street was green on Monday, with the Dow Jones Industrial Average reaching its highest since 2007, as Federal Reserve will continue boosting the economy with its stimulus measures offsetting >>
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S&P 500 Index
Tue, 05 Mar 2013 15:49:03 GMT
U.S. shares climbed on Monday, as Federal Reserve pledged to extend its stimulus measures to bolster the largest economy's growth offsetting concerns over spending cuts. The Standard's & Poor 500 >>
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German shares higher as central banks will continue monetary easing
Tue, 05 Mar 2013 15:38:03 GMT
German shares edged higher on speculation that central banks in Europe and the U.S. will extend monetary stimulus. In addition China pledged to raise its budget deficit to spur demand. >>
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