Market News




Market News

The U.S. Dollar sank after EC downgraded its forecasts
Tue, 05 Nov 2013 14:46:03 GMT
 
The ICE Dollar index dropped to 80.577 from Monday's figure of 80.606, while WSJ Dollar index declined to 72.81 from prior 72.89, after European Commission cut its GDP forecast for >>
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The EC expect economy to grow less than earlier forecasted; unemployment will decrease in 2015
Tue, 05 Nov 2013 14:16:03 GMT
 
The European Union's GDP is estimated to stay at current level in 2013 and may decline by 0.4% in Eurozone, according to EC autumn forecast. In 2014 the economic performance >>
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U.K. services index grew at fastest pace since 1997
Tue, 05 Nov 2013 13:55:04 GMT
 
U.K. services activity index unexpectedly rocketed to 62.5, comparing to September's figure of 60.3, heading for fastest growth since May 1997, Markit Economics revealed today, while the construction and manufacturing >>
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U.S. stock futures fall ahead of service industry data
Tue, 05 Nov 2013 13:33:05 GMT
 
S&P 500 futures maturing in December dropped 0.3% to 1,757.6 as of 7:29 a.m. in New York, ahead of service industry report coming out this week, which will show the >>
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China has to grow 7.2% annually to maintain employment growth
Tue, 05 Nov 2013 11:57:04 GMT
 
Premier of China Li Keqiang said in conversation with All-China Federation of Trade Unions on October 21, that China's economy has to grow 7.2% a year to create 10 million >>
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Yen advances against the Euro before the ECB meeting
Tue, 05 Nov 2013 11:46:03 GMT
 
The Japanese Yen advanced against most of its 16 major counterparts. The Yen appreciated 0.3% against the Europe's common currency, before the President of European Central Bank, Mario Draghi today speaks ahead the monetary >>
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Britain's currency rise versus U.S. Dollar and Euro ahead of U.K. service output data
Tue, 05 Nov 2013 11:35:03 GMT
 
The Sterling traded at $1.5959 at 7:37 a.m. in London, following a 0.3% increase on Monday, as Markit Economics indicator of U.K. construction industry advanced the most in six years, >>
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UAE non-oil private sector continues to grow in October
Tue, 05 Nov 2013 11:24:04 GMT
 
The United Arab Emirates non-private sector expanded in October, however, the rate of increase eased from the previous month, a report published by the Markit Economics revealed on Tuesday. The >>
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India's private sector continues to contract in October
Tue, 05 Nov 2013 11:13:04 GMT
 
Private sector in India recorded a modest increase in October with the gauge measuring the activity staying below a level of 50 for the fourth successive month signalling contraction in the sector, a >>
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European stocks-index futures gain as BMW profits top forecast
Tue, 05 Nov 2013 11:02:04 GMT
 
European shares increased on Tuesday pushing the benchmark index Stoxx Europe 600 towards the strongest level in five years as BMW recorded higher profits that forecast and before a report >>
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Emerging-market equities slide as Indian stocks fall
Tue, 05 Nov 2013 10:51:04 GMT
 
Emerging-market shares declined on Tuesday and were poised to record the longest losing streak in a five-week period mainly due to a fall of Indian stocks and as China's lenders >>
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Twitter raises its IPO to $25 a share
Tue, 05 Nov 2013 10:40:03 GMT
 
Twitter Inc. is likely to price its initial price offering at a higher valuation than initially expected making it more expensive than its rival with 5 times as many users, >>
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South Korean bonds drop as Fed may scale back
Tue, 05 Nov 2013 10:29:04 GMT
 
South Korean bonds declined on Tuesday falling for a fourth session and pushing yields due in 2016 towards the highest level in three weeks amid concerns that emerging-market demand may >>
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German 10-year yields trade near almost 3-month low
Tue, 05 Nov 2013 10:18:03 GMT
 
German government bund fluctuated on Tuesday before a report showed that producer prices in the 17-nation bloc declined in the month of September and as the country is set to >>
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Spain's unemployment rate jumped in October
Tue, 05 Nov 2013 10:07:03 GMT
 
The number of jobless registered in October advanced by 87,000, following the 25,600 increase a month earlier, Spanish Employment Ministry data revealed on Tuesday. That makes 4,811,383 unemployed in total, >>
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