Market News




Market News

China's economy is likely to rise at slower pace in 2013
Thu, 21 Nov 2013 11:11:21 GMT
 
The performance of China's economy is predicted to increase by 7.5% this year, the weakest pace of growth in twenty-three years, while the country's PMI dropped to 50.4 in November, >>
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U.S. Dollar rises after Fed's minutes showed less stimulus
Thu, 21 Nov 2013 11:00:11 GMT
 
The U.S. Dollar increased on Thursday rising to the highest level in four months against the Japanese Yen after the Federal Reserve minutes signaled possible scale back of the U.S. >>
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Wall Street falls as Fed's minutes shows scale back on one of next meetings
Thu, 21 Nov 2013 10:49:09 GMT
 
U.S. shares closed lower on Wednesday falling after the Federal Reserve minutes from the last meeting were released signaling that the U.S. central bank may start tapering its bond-purchasing program >>
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Aussie close to two-month low on China manufacturing data
Thu, 21 Nov 2013 10:38:04 GMT
 
The Australian Dollar dropped 0.4% versus U.S. Dollar almost reaching the lowest level in two-months, after China's manufacturing contracted more than expected and the IMF said that the Australian Dollar >>
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Canadian Dollar advances as Fed maintains stimulus
Thu, 21 Nov 2013 10:27:08 GMT
 
The Canada's currency advanced against most of its 16 major peers after the chairman of Federal Reserve Ben S. Bernanke announced that the U.S. central bank will keep the stimulus, >>
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Yen weakens as yield gap increases
Thu, 21 Nov 2013 10:16:03 GMT
 
The Japanese Yen dropped 0.7% against the U.S. Dollar, thus reaching the lowest level in four-months, after the Federal Open Market Committee minutes hinted that the bond purchase might be >>
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Gold close to four-month low after Fed signals to taper
Thu, 21 Nov 2013 10:05:23 GMT
 
The gold almost reached the four month low, after the FOMC signaled sooner than expected tapering, thus reducing the investor activities. The gold for immediate delivery gained 0.2%, while the >>
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French manufacturing and service sector activity retreats in November
Thu, 21 Nov 2013 09:47:11 GMT
 
Activity in manufacturing sector of France continued to decline in November of this, as the pace of decrease reached a six-month highest level. The PMI Index, which measures the activity >>
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Asian stocks drop after last Federal Reserve meeting
Thu, 21 Nov 2013 09:36:22 GMT
 
The Asian stocks extends to three-day loosing streak, after Federal Reserve meeting pointed that they might reduce bond purchase while the China's manufacturing activity dropped. The MSCI Asia Pacific Index >>
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South Africa exhausted monetary policy options to boost growth
Thu, 21 Nov 2013 08:20:12 GMT
 
The Reserve Bank of South Africa remained with limited number of monetary policy tools to support the economic growth in country, as the declining currency raised inflation pressure. The rand >>
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Singapore raises growth forecast amid stronger expansion in Q3
Thu, 21 Nov 2013 08:09:08 GMT
 
Singapore officials raised the growth forecasts for the current and next years, as the economy advanced faster than expected in July-September quarter. The new forecasts predict a 3.5-4% growth in >>
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Credit card spending in New Zealand declines in October
Thu, 21 Nov 2013 06:40:06 GMT
 
Spending with credit cards in New Zealand decreased for the second month in a row in October of the current year. The overall credit card spending lost 0.8% from September >>
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Activity growth in Chinese manufacturing declined in November
Thu, 21 Nov 2013 06:29:05 GMT
 
Activity in Chinese manufacturing continued to grow in November of this year, however, the pace of increase slowed slightly. The benchmark PMI Index from the HSBC bank, which measures the >>
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U.S. crude oil inventories increased last week
Thu, 21 Nov 2013 06:18:06 GMT
 
Inventories of crude oil in the U.S. jumped 0.4 million barrels during the previous week, reaching 388.50 million barrels, while economists expected them to lose 0.2 million barrels. Therefore, oil >>
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Swiss economic expectations surge amid EU recovery
Wed, 20 Nov 2013 12:13:06 GMT
 
Economic expectations in Switzerland jumped to its highest level since May 2010, as the economic recovery in the Eurozone is gaining strength. The ZEW indicator reached 31.6 points this month >>
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