Market News and Analysis
Japan current account surplus rose in March
Fri, 10 May 2013 07:21:03 GMT
Japan's current account surplus increased to the highest level in a year as weaker Yen brightened the outlook for exporters. >>
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BoE holds back on fresh stimulus
Fri, 10 May 2013 07:10:02 GMT
The Bank of England during its monthly policy meeting decided to leave its stimulus programme unchanged and kept the main refinancing rate on hold, as the economy is showing signs >>
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U.S. unemployment claims dropped to five-year low
Fri, 10 May 2013 06:59:03 GMT
The number of Americans filing new claims for unemployment benefits dropped to the lowest level in more than five-years, suggesting the improvement in the labour market, the Labor Department said >>
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Portugal's jobless rate soared to record high
Fri, 10 May 2013 06:48:02 GMT
The number of unemployed people in Portugal soared to a fresh high in the first three months of 2013, the data published by National Statistics Institute showed Wednesday. >>
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USD/CAD strengthens from 200-day SMA
Fri, 10 May 2013 05:55:16 GMT
USD/CAD finally reached the 200-day SMA at 1.0013 and already reversed from it. >>
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Morning Press Review
Fri, 10 May 2013 05:17:02 GMT
Stay informed about the latest news on the economy, politics, FX by reading our press review with top videos and comments from world's leading financial bloggers. >>
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Footsie little changed on Thursday
Thu, 09 May 2013 19:59:02 GMT
U.K. shares were little changed on Thursday, after reaching their highest level since the year 2007 yesterday prior to the BOE announcing the final decision on monetary stimulus activities. The >>
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DAX little changed amid national holiday
Thu, 09 May 2013 19:48:04 GMT
German stocks swung between gains and losses on Thursday, after the benchmark index extended trading at a record high level yesterday, as markets stayed open during a national holiday. The >>
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BoE keeps stimulus at GBP 375 billion and policy rate at 0.50%
Thu, 09 May 2013 19:37:04 GMT
The Bank of England's nine-member Monetary Policy Committee led by Governor Mervyn King maintained the quantitative easing program at GBP 375 billion despite unsuccessful attempts to increase stimulus. The panel >>
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U.S. Jobless claims drop unexpectedly to 5-year low
Thu, 09 May 2013 19:26:03 GMT
Initial jobless claims for unemployment benefits in the U.S. edged down surprisingly in the week ended on May 4 falling to the lowest level in five years, a report released >>
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Hang Seng drops on chinese inflation data
Thu, 09 May 2013 19:15:04 GMT
Hong Kong shares plummeted, halting their winning streaks after data on Chinese inflation topped the estimates, while producer prices plunged in April. In addition, solar companies posted losses after a >>
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Nikkei snapps its winning streak on Thursday
Thu, 09 May 2013 19:04:05 GMT
Japanese shares dropped on Thursday, halting their winning streak earlier this week, amid appreciating Yen and technical indicators showed the marked. The Nikkei 225 Index erased as much as 0.7%, >>
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Dow extends the winning streak on Wednesday
Thu, 09 May 2013 18:53:04 GMT
U.S. stock market was bullish on Wednesday, after the Dow Jones Industrial Average surpassed 15,000 points for the first time ever on upbeat earnings forecasts. The Dow Jones Index rallied >>
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The S&P 500 rallies as companies raise their profit forecasts
Thu, 09 May 2013 18:42:03 GMT
U.S. equities traded green on Wednesday as Whole Foods Market Inc. and Electronic Arts Inc. posted forecast that topped the analyst estimates. The S&P 500 Index advanced 0.4% to 1,632.69. >>
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Italian yields higher
Thu, 09 May 2013 18:31:04 GMT
On Thursday, Italian bond yields erased previous losses, which left the yield almost unchanged at the level of 3.84% by 8:44 a.m. in London. Earlier, yields hit the level of >>
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