Market News




Market News

French bonds drop as S&P downgrades its credit rating
Fri, 08 Nov 2013 11:34:03 GMT
 
Government bonds of France decreased on Friday matching economists' expectation after the Standard & Poor's rating agency downgraded the country's sovereign credit rating from AA+ to AA maintaining the stable >>
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Wall Street falls as Twitter goes public
Fri, 08 Nov 2013 11:23:08 GMT
 
Shares traded in Wall Street decreased on Thursday as the social media network Twitter entered the markets rising 92% in its first trading day on the NYSE, however, the benchmark >>
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China's exports rise surprisingly in October
Fri, 08 Nov 2013 11:12:14 GMT
 
Chinese exports recorded a notable increase in the month of October with the pace of increase exceeding economists' expectations suggesting that the country's economy is improving, a report published by >>
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ECB cuts interest rates to all-time low
Fri, 08 Nov 2013 11:01:10 GMT
 
The European Central Bank surprisingly lowered its benchmark interest rates to an all-time low on yesterday's policy meeting claiming that the rate cut may prevent the recovery from slowing down >>
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U.S. Dollar gains before payrolls and as ECB lowers rates
Fri, 08 Nov 2013 10:50:13 GMT
 
The U.S. Dollar increased on Friday against the 17-nation bloc currency before a government data showed that payrolls in the U.S. rose and as the European Central Bank surprisingly cut >>
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Pound moving in on weekly gain versus Euro after S&P cut France's credit rating
Fri, 08 Nov 2013 10:39:04 GMT
 
The Sterling was fluctuated at 83.43 pence per Euro at 9:22 a.m. in London, after reaching 83.01 pence yesterday, the highest since January 17, after Standard & Poor's, the >>
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WTI crude gains on U.S. economic expansion
Fri, 08 Nov 2013 10:28:06 GMT
 
West Texas Intermediate crude oil advanced 0.16% to $94.38 per barrel, while the Brent sweet light crude slipped 0.44% to $103.03 per barrel this morning, as U.S. economy expanded 2.5% >>
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Czech currency slump versus Euro on CNB exchange intervention policy
Fri, 08 Nov 2013 10:07:04 GMT
 
The Koruna dropped 4.8% versus the European currency to CZK26.982, after Czech National Bank introduced an aggressive foreign exchange intervention measure by selling 500 million of its home currency in >>
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Germany's trade surplus increase exceeds expectations
Fri, 08 Nov 2013 09:43:05 GMT
 
The Eurozone's largest economy trade surplus increased 1.7% from €13.3 billion in August to €20.4 billion in September, thus exceeding analysts expectations. The Federal Statistics Office for Germany reported fall in imports by 1.9% to >>
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European futures weakened before U.S. payrolls report
Fri, 08 Nov 2013 09:32:09 GMT
 
European stock futures traded at lower level this morning before important U.S. report on non-farm payrolls today at 1:30 p.m. GMT. The Euro Stoxx 50 index declined 0.67% to 3,022.81 >>
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Asian stocks drop on bets that U.S. will taper stimulus
Fri, 08 Nov 2013 09:21:04 GMT
 
Asian stocks are close to the longest loosing streak in five month time, after the U.S. economic growth results raised concern that the Federal Reserve could taper stimulus faster than >>
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The Euro tumble after S&P downgrade France
Fri, 08 Nov 2013 09:10:09 GMT
 
The shared currency deprecated versus the U.S. Dollar after the Standard & Poor's downgraded France's long-term foreign and local-currency grade from AA+ to AA. The analysts predicted that the Euro is faced for 2.9% >>
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The Aussie gained on Chinese trade data
Fri, 08 Nov 2013 08:59:03 GMT
 
The Aussie advanced against most of its 16 major counterparts this week,thus extending its five-day winning streak. The Australian currency reported gains after Chinese import advanced 7.6% and export >>
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French industrial output unexpectedly declines in September instead of growing as expected
Fri, 08 Nov 2013 08:48:04 GMT
 
French industrial production dropped 0.5% in September, against analyst's expectations of 0.4% expansion, the data from National Institute of Statistics and Economic Studies showed on Friday. The Manufacturing output slipped >>
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French rating lowered amid weak growth
Fri, 08 Nov 2013 08:09:04 GMT
 
The main rating agency, Standard&Poor's, decreased the sovereign credit rating of France from AA+ level to AA, changing the outlook of the rating from negative to stable. It is the >>
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