Market News




Market News

Yellen: Fed to support economy after she replaces Bernanke
Thu, 14 Nov 2013 11:19:08 GMT
 
Janet Yellen, the newly elected chairwoman of the Federal Reserve, said on Wednesday that the monetary policy makers are ready to stimulate the U.S. economy in the future, as she >>
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Europe stocks surge as Yellen to maintain stimulus
Thu, 14 Nov 2013 11:08:07 GMT
 
The European Stocks climbed, thus snapping their two-day losing streak after Janet Yallen said that the U.S. economy has to improve before cutting stimulus. The Stoxx Europe 600 Index advanced >>
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U.S. budget deficit narrows on higher revenues
Thu, 14 Nov 2013 10:41:17 GMT
 
Federal budget deficit in the United States shrank to $92 billion in October of this year, while analysts expected the budget gap to reach $104 billion from $120 billion the >>
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Europe's stock futures rise after Yellen's speech
Thu, 14 Nov 2013 10:30:38 GMT
 
Today the European stock futures advanced after Janet Yellen, appointed to be chairman of the Federal Reserve, announced that the U.S. economy has to grow before the monetary stimulus is >>
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BNP Paribas to acquire last 25% of shares in Fortis division
Thu, 14 Nov 2013 10:19:08 GMT
 
BNP Paribas SA, the fourth largest bank in the world, is planning to buy the last 25% stake in its subdivision BNP Paribas Fortis SA that is currently owned by >>
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No sign of strong Europe's recovery as Germany and France report GDP
Thu, 14 Nov 2013 10:08:09 GMT
 
The German gross domestic product advanced 0.3% in third quarter, thus approving analysts forecasts, while France GDP unexpectedly contracted 0.1%.  The Eurozone's largest economy which accounts for 27% of entire >>
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Japanese industrial production revised down against expectations
Thu, 14 Nov 2013 09:57:06 GMT
 
According to Japanese Ministry of Economy, growth in manufacturing production of the country was revised down to 1.3% in September of this year, while the prelim estimate showed a 1.5% >>
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Brent rises before inventories report today
Thu, 14 Nov 2013 09:46:06 GMT
 
The European benchmark Brent crude advanced on Thursday before a government report showed that inventories in the world's largest oil consumer, U.S., increased by 800,000 barrels to 386.2 million. Brent >>
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Japan's Yen slips as GDP slows down in Q3
Thu, 14 Nov 2013 09:35:06 GMT
 
The Japanese currency weakened versus the majority of its most-traded counterparts on Thursday as Asian shares advanced and a government report showed that the performance of Japan's economy eased in >>
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Gold demand shifts from west to east
Thu, 14 Nov 2013 09:24:08 GMT
 
Gold demand in India, the Middle East and China increased on an annual basis in September with the Chinese demand rising 30% compared to a decline in demand on the >>
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Japan's shares advance to highest since May
Thu, 14 Nov 2013 09:13:21 GMT
 
Japan's equities increased on Thursday pushing the local benchmark index towards the strongest closing price since May as the country's currency weakened on Finance Minister's remark that the nation must >>
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WTI fluctuates before today's report showing inventories
Thu, 14 Nov 2013 09:02:04 GMT
 
West Texas Intermediate crude swung between gains and losses on Thursday after it recorded the largest advanced in a week before today's report expected to show the inventories in the >>
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Japan's business confidence rises in November
Thu, 14 Nov 2013 08:51:07 GMT
 
Small business sentiment in the Asian second largest economy increased for the first time in a three-month period in November and it is forecast to rise until the beginning of >>
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Japan's economy rises more than expected in Q3
Thu, 14 Nov 2013 08:40:06 GMT
 
The performance of Japan's economy eased less than originally expected in the three months until September as consumers focused on spending now before next year's tax rise, a report revealed >>
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U.S. Dollar falls to one-week low on Yellen's remark
Thu, 14 Nov 2013 08:25:06 GMT
 
The U.S. Dollar fell on Thursday declining to the lowest level in a week after a remark of Janet Yellen, the Federal Reserve Chairman-elect, suggesting that the central bank's aggressive >>
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