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Market News and Analysis
Wed, 27 Feb 2013 12:18:25 GMT
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Pound Dropped Against Euro on Economy Shrank
Wed, 27 Feb 2013 11:47:03 GMT
The Pound depreciated versus the Euro as the U.K. data showed the country's economic growth slowed down in the last quarter of 2012. According to the report, the U.K. economy >>
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Agriculture
Wed, 27 Feb 2013 11:11:03 GMT
Farm commodities apart from sugar moved higher on Tuesday amid broadly
weaker US Dollar and speculation that lower prices will attract more
demand from importers. However, eased concerns over strikes >>
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Corn surges as lower prices may spur demand
Wed, 27 Feb 2013 11:00:07 GMT
Farm commodities apart from sugar moved higher on Tuesday amid broadly weaker US Dollar and speculation that lower prices will attract more demand from importers. However, eased concerns over strikes >>
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Energy
Wed, 27 Feb 2013 10:49:02 GMT
Energy futures ended Tuesday's session in red after the American
Petroleum Institute reported an increase in the US inventories.
Moreover, easing supply concerns added pressure on the commodity
complex. Iran >>
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Brent oil plunges as Iranian sanctions may be eased
Wed, 27 Feb 2013 10:38:04 GMT
Energy futures ended Tuesday's session in red after the American Petroleum Institute reported an increase in the US inventories. Moreover, easing supply concerns added pressure on the commodity complex. Iran >>
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Industrial Metals
Wed, 27 Feb 2013 10:27:03 GMT
Industrial metals were mixed on Tuesday amid upbeat US numbers and
dovish comments by Ben Bernanke. New home sales soared to the highest
level since July 2008 in January, while >>
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Copper jumps on upbeat US figures
Wed, 27 Feb 2013 10:16:03 GMT
Industrial metals were mixed on Tuesday amid upbeat US numbers and dovish comments by Ben Bernanke. New home sales soared to the highest level since July 2008 in January, while >>
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Precious Metals
Wed, 27 Feb 2013 10:05:03 GMT
Precious metals rallied on Tuesday after the Fed Chairman Ben Bernanke
downplayed side effects of the US accommodative monetary policy. Broadly
weaker US Dollar as well as positive economic data >>
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USD/CHF hesitates to advance
Wed, 27 Feb 2013 09:42:48 GMT
USD/CHF has broken though the upper boundary of the falling channel, which was also reinforced by the monthly R1, and re-tested it yesterday, implying that the rally is likely to >>
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Asian stocks advance, while Japan's shares fall
Wed, 27 Feb 2013 09:35:04 GMT
Asian shares excluding Japan rose as U.S. consumer confidence and housing data overshot expectations. Japan's stocks declined as the Yen gained before Italy's bond sale. The MSCI Asia Pacific Excluding >>
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Yuan rises as Bernanke defends QE
Wed, 27 Feb 2013 09:24:15 GMT
The Chinese Yuan strengthened for a fourth straight day as the Fed Chairman Ben S. Bernanke defended the bank's highly accommodative monetary policy that increases supply of U.S. Dollars, boosting >>
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Won gains as current account surplus widens and consumer confidence at 9-month high
Wed, 27 Feb 2013 09:14:05 GMT
The Korean Won rose for the first time this week as the nation's current-account surplus expanded to $2.25 billion in January from $2.14 billion a month earlier and consumer confidence >>
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AUD/USD bounced from the weekly PP
Wed, 27 Feb 2013 09:03:10 GMT
The Australian Dollar does not show any bullish momentum to
breach the 20-day SMA and get >>
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Aussie stays lower amid Italy's election deadlock
Wed, 27 Feb 2013 08:53:55 GMT
The Australian Dollar stayed lower amid concern Italy's election deadlock will worsen the Eurozone's debt crisis, sapping investors' appetite for higher-yielding assets. The Aussie fell 0.1% to $1.0216 as of >>
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