Market News




Market News

RBS to create bank for bad assets
Fri, 01 Nov 2013 14:08:05 GMT
 
One of the largest U.K. banks, the Royal bank of Scotland, plans to create a new internal division to keep there all bad assets. Recently, the U.K. Chancellor of Exchequer >>
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U.K. businesses find EU membership too costly
Fri, 01 Nov 2013 13:56:04 GMT
 
According to the YouGov latest poll of U.K. businesses, 46% of 1,024 respondents said that the cost of matching all European Union regulations is much higher than the amount of >>
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Ukraine credit rating cut by S&P amid currency instability
Fri, 01 Nov 2013 13:45:06 GMT
 
Sovereign credit rating of Ukraine, the largest country in the Eastern Europe, was cut by S&P rating agency to B- level from the previous B level. It is said that >>
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Danske Bank to get rating upgrade in nearest future
Fri, 01 Nov 2013 13:14:05 GMT
 
Danske Bank A/S, the largest bank in Denmark, is currently working on the effectiveness increase in order to get a rating upgrade under a new management team with CEO Thomas >>
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ECB points on deflationary risks in Eurozone
Fri, 01 Nov 2013 13:08:06 GMT
 
Mario Draghi, the president of the European Central Bank, announced on Friday that the Eurozone will face a considerable deflationary risk in the nearest future, as the inflation rate in >>
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U.K. manufacturing activity continued to rise in October
Fri, 01 Nov 2013 11:03:13 GMT
 
Manufacturing industry in the United Kingdom continued to show an increase in activity, as the benchmark PMI Index, which evaluate the level of activity in this particular sector, decreased slightly >>
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Euro retreats as unemployment rises to a record high
Fri, 01 Nov 2013 10:34:07 GMT
 
The Eurozone's currency depreciated against it's major peers, on speculations that European Central Bank is going to reduce interest rates in the upcoming week, while the unemployment rate in the >>
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Aussie advances on China recovery signs
Fri, 01 Nov 2013 10:23:04 GMT
 
Australia's Dollar advanced against its major peers, after China announced increase in manufacturing activity. Improvement of China's economy is especially good for Australians, because most of their exports goes to >>
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Asian stocks retreat after companies report lower full-year forecasts
Fri, 01 Nov 2013 09:24:04 GMT
 
Today Asian stocks faced decline, from which the biggest drop had for Japan's Topix index of 0.9%, while the MSCI Asia Pacific Index retreated 0.3%.The Sony Corp. tumbled 11%, thus >>
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Yen surges as stocks drop
Fri, 01 Nov 2013 08:41:06 GMT
 
The Japanese Yen appreciated against all of it's 16 major counterparts, after a decrease in stocks led to a change in investors attention for safe-haven currency. The Yen had most >>
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German bunds yields decline on U.S. recovery optimism
Thu, 31 Oct 2013 18:26:03 GMT
 
Germany's 10-year bonds dropped one basis point to 1.7% at 8:08 a.m. in London, after touching 1.69%, the weakest since August 12, as U.S. economy is gradually growing, while the >>
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Treasuries head for weekly advance on business confidence growth
Thu, 31 Oct 2013 18:15:05 GMT
 
The 10-year Treasuries advanced two basis points to 2.56% as of 12:02 p.m. in New York, after reaching 2.57%, the highest level since October 22, as Chicago business barometer unexpectedly >>
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Sterling advanced to 6-month high versus Euro amid EU inflation
Thu, 31 Oct 2013 16:33:05 GMT
 
The Pound appreciated 1.0% to 84.79 pence per Euro as of 3:15 p.m. in London, reaching the highest level since April 25, as the ECB is likely to reduce interest >>
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Euro at 4-month low amid unemployment data
Thu, 31 Oct 2013 16:22:06 GMT
 
The Eurozone currency depreciated 0.9% to $1.3610 as of 10:48 a.m. in New York, the sharpest fall since June 20, after unemployment data showed a record high 12.2% rate, while >>
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U.S. initial claims for benefits fall as California cleared its applications backlog
Thu, 31 Oct 2013 16:08:16 GMT
 
Initial claims for unemployment benefits dropped by 10,000 to 340,000 last week, which is 2,000 less than expected, as applications backlog in California, caused by computer system upgrade , has >>
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