Market News




Market News

Germany's leading index unchanged in October
Mon, 23 Dec 2013 07:18:03 GMT
 
A leading indicator of the second-largest economy stayed flat in October after the index decreased in September and rose in August, while in the May-October period it advanced 1.7% with >>
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U.K. service sector rises slower in October
Mon, 23 Dec 2013 07:07:04 GMT
 
Service sector in the United Kingdom recorded a slight increase in the month of October with the pace of growth easing on a sequential basis mainly due to a weak >>
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EU debt ratings lowered by S&P
Mon, 23 Dec 2013 06:56:03 GMT
 
The European Commission disagrees with Standard & Poor's as the rating agency lowered the EU sovereign debt earlier on Friday citing overall creditworthiness deterioration after it stress-tested the Budget. The >>
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U.S. GDP rises 4.1% in Q3
Mon, 23 Dec 2013 06:45:04 GMT
 
Performance of the world's largest economy improved in the three months to September mainly due to a steep increase in non-residential fixed investment and consumer spending, a report revealed by >>
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U.S. Dollar rises on strong economic data in Q3
Mon, 23 Dec 2013 06:34:03 GMT
 
The U.S. Dollar strengthened on Friday hitting the strongest level in five years against the Japanese Yen and was set to record the best weekly performance since November after a >>
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Global shares rise on U.S. GDP
Mon, 23 Dec 2013 06:12:04 GMT
 
Global equities advanced on Friday trading session after a report showed that gross domestic product in the country grew at the fastest rate in two years and as the Federal >>
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German consumer sentiment rises to highest since 2007
Fri, 20 Dec 2013 13:06:10 GMT
 
The consumer confidence index in the largest economy of the Eurozone, calculated for January of 2014, inched up to 7.6 points against 7.4 a month ago. On the other hand, >>
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Italian retail sales decline in October
Fri, 20 Dec 2013 12:26:04 GMT
 
Retail in sales in Italy slumped for the second month in a row in October of this year, as they lost as much as 0.1% on a monthly basis after >>
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U.K. economy grows 1.9% in Q3
Fri, 20 Dec 2013 12:15:05 GMT
 
The economy of the United Kingdom posted a higher-than-expected growth in the last quarter of the current year, as the economic growth reached as much as 1.9% on the annual >>
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Bank of Japan to keep stimulus amid low inflation
Fri, 20 Dec 2013 12:04:05 GMT
 
After the Friday meeting, the Bank of Japan decided to continue stimulating the country's economy, while the inflation rate in Japan may be increased to 2% by 2015. As expected >>
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S&P cuts EU rating from AAA to AA-
Fri, 20 Dec 2013 10:51:31 GMT
 
The Standard & Poor's rating agency decided to lower the creditworthiness rating of the European Union from the maximum AAA level to AA- amid slow budget negotiations in the EU. >>
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U.K. current account deficit at highest level since 1989
Fri, 20 Dec 2013 10:49:03 GMT
 
The current account deficit of the United Kingdom surged dramatically in the third quarter of this year, as weak foreign trade and investment pushed the deficit up. It totaled 20.7 >>
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Sweden to cut growth forecasts amid weak exports
Thu, 19 Dec 2013 17:00:34 GMT
 
The government of Sweden has cut its expectations for economic growth in the country for the current and next year, as exports rebound slower than was initially estimated. At the >>
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Finnish GDP outlook cut by Finance Ministry
Thu, 19 Dec 2013 16:49:13 GMT
 
The economy of Finland will register a more considerable drop in the current year, while the pace of growth in next two years will be slower than forecasted before. The >>
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Brazilian unemployment unexpectedly declines in November
Thu, 19 Dec 2013 16:38:50 GMT
 
The jobless rate in Brazil surprisingly fell in November of the current year, reaching its lowest value since December 2012. The unemployment rate in the country posted a drop from >>
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