Market News and Research
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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Loonie falls as growth of home prices eases in March
Thu, 09 May 2013 18:09:03 GMT
The Canada's Dollar fell on Thursday snapping a four-day streak of gains against its U.S. peer before a report showed that home prices in the country rose less in March >>
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Aussie and Kiwi increase amid lower unemployment rate
Thu, 09 May 2013 17:58:04 GMT
The Australian and New Zealand's currency jumped against the majority of their counterparts on Thursday after both countries showed in reports that unemployment rate declined in the last three months >>
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Pound rises versus Euro amid industrial output advances
Thu, 09 May 2013 17:47:04 GMT
The British Sterling appreciated the most in a week against the 17-nation bloc currency as industrial production in the U.K. increased in March and as the Bank of England maintained >>
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WTI declined amid stronger U.S. Dollar after jobless claims
Thu, 09 May 2013 17:36:04 GMT
West Texas Intermediate oil dropped on Thursday as the value of the U.S. Dollar rose against the Euro amid improving labour market in the U.S. recording the lowest number of >>
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Spanish bonds decrease
Thu, 09 May 2013 17:25:03 GMT
On Thursday, Spanish government bonds declined, which pushed the yields on 10-year notes to the one-month high, amid low demand on the government debt auction. The yields on Spanish 10-year >>
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US bonds slightly lower on upcoming auction
Thu, 09 May 2013 17:14:03 GMT
On Thursday, the US government bonds were traded lower, with the yields reaching the one-month high before the treasury is selling $16 billion worth of debt, amid decreasing inflation expectations. >>
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Copper lower after 3-week high
Thu, 09 May 2013 17:03:04 GMT
On Thursday, copper declined, following a rally of the commodity to a 3-week high fueled by expectations of stronger demand from China. On the London Metal Exchange, copper decreased to >>
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