Market News




Market News

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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U.S. government 5-year yields at 4-month low as ECB cuts rate
Thu, 07 Nov 2013 18:09:05 GMT
 
Treasury 5-year note yields slid two basis points to 1.32% at 10:40 a.m. in New York, after touching 1.25% on October 30, the weakest in almost 4 month period, as >>
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Britain's currency jumped to 9-month high against Euro on ECB unexpected low interest-rate policy
Thu, 07 Nov 2013 17:41:05 GMT
 
The Pound advanced 0.8% to 83.33 pence per Euro as of 4:37 p.m. in London, after reaching 83.01, the highest level since January 17, after ECB decided to boost Eurozone's >>
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Canada's currency decreased after U.S. economy report and ECB low rate policy decision
Thu, 07 Nov 2013 17:30:13 GMT
 
The so-called loonie weakened as U.S. reported greater economic expansion than expected, while European Central Bank took a surprising decision today in Frankfurt to cut its main refinancing interest rate >>
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Euro drops on unexpected ECB decision to cut interest rate
Thu, 07 Nov 2013 17:19:04 GMT
 
The European currency depreciated 1.1% to $1.3369 as of 2:50 p.m. in London, after it touched $1.3269, the seven-week low, as European Central Bank unexpectedly decided to cut its interest >>
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Draghi: Eurozone to have period of low inflation
Thu, 07 Nov 2013 16:18:11 GMT
 
After the decision to lower the benchmark interest rate to 0.25%, the President of the European Central Bank Mario Draghi said on Thursday that the Eurozone is going to have >>
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German manufacturing slows despite positive expectations
Thu, 07 Nov 2013 16:07:23 GMT
 
Manufacturing production in the largest economy of the Eurozone declined 0.9% in September of this year, while the majority of experts forecasted the output to advance slightly 0.2% from a >>
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U.S. unemployment claims dropped during previous week
Thu, 07 Nov 2013 15:48:14 GMT
 
The number of applications, filled for getting the unemployment benefit in the U.S. declined to 336,000 during the last week. Then, in turn, the amount of unemployment claims stood at >>
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