Market News

Japanese equities extended their gains, as the U.S. services industry accelerated its growth pace to the fastest in a year on rising optimism over more monetary stimulus. The Nikkei 225 >>

Copper appreciated for a third day on service sector in the U.S., the second largest consumer of copper, expanded more than forecast, increasing demand for the commodity. The contract for >>

The Pound depreciated versus the U.S. Dollar for the first time this week ahead of Bank of England monthly two-day meeting in London to decide whether to expand monetary policy. >>

Dow Jones Industrial Average reached a record high level on growing optimism about central banks and China's pledge to maintain the growth target. The Dow climbed 0.9%, or 125.95 points, >>

Farm commodities apart from coffee advanced on Tuesday amid hopes for robust China's demand. However, signs of improved weather conditions in the US as well as worries over a record >>

Energy futures traded mostly higher on Tuesday amid better-than-expected numbers from the US non-manufacturing sector and positive outlook on China's economy for 2013. Meanwhile, market players focused on the EIA >>

Industrial metals rose on Tuesday after China left unchanged its growth target for 2013 as the government wants the country to expand gradually and maintain social stability. Moreover, positive US >>

Precious metals rebounded on Tuesday on after Federal Reserve Vice Chairman Janet Yellen said that the Fed should continue its bond-buying activities. Moreover, expectations that the BOJ will also ease >>

U.S. blue chips rose, as China pledged to maintain its growth target of 7.5% and investors look forward to more monetary stimulus measures from central banks. The S&P 500 Index >>

Asian shares advanced, with the regional benchmark index reaching the highest level since August 2011, as U.S. stocks jumped to a record high as activity the U.S. service industry grew >>

India's Rupee advanced the most in more than a week amid the U.S. service industry improvement, which spurred stocks to a record high, will increase inflows to emerging markets. The >>

The Korean Won rose for a second straight day as an advance in U.S. equity markets urged global funds to purchase South Korean stocks. The Won rose 0.2% to 1,084.40 >>

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 >>

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 >>

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 >>