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Market News

German Unemployment growth beats the expectations
Wed, 29 May 2013 09:12:05 GMT
 
The German jobless claims increased approximately four times beating the economists' expectations in May as the Eurozone debt crisis and the cold climate have made an impact on the Germany's >>
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Most Asian shares climb amid US economic data
Wed, 29 May 2013 09:01:09 GMT
 
Most Asian shares advanced for the second day after data indicated US consumer confidence gained the most since 2008 and home prices rose to the highest level in seven years. >>
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Gold falls after US Dollar gains ahead of US report
Tue, 28 May 2013 15:02:41 GMT
 
Gold fell in London after a stronger US Dollar curtailed demand for the alternative investment and on speculation the US economy is expanding. The US Dollar added 0.4% versus a >>
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U.K. banking sector faces unemployment problem
Tue, 28 May 2013 15:01:39 GMT
 
It is expected that the four biggest banks of the U.K. will cut approximately 189,000 jobs by the end of the year 2013 and that would lead to the lowest >>
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European stocks climbed 0.8% today
Tue, 28 May 2013 15:00:33 GMT
 
The Stoxx Europe 600 index has climbed for a second consecutive day, advancing 0.8% to 306.62 so far today. Share prices increased after a drop last week, which was caused >>
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Won slides as Korean importers purchase Dollars
Tue, 28 May 2013 10:47:05 GMT
 
The South Korean Won was lower by 0.2% to 1,124.9 per U.S. Dollar in the morning of Seoul trading session on Tuesday. The currency touched 1,131.43 on 24th of May, >>
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Philippine Peso decreases to 8-month low on stocks performance
Tue, 28 May 2013 10:30:56 GMT
 
The Philippine Peso weakened by 0.6% to 41.865 per U.S. Dollar in the morning of Manila trading session on Tuesday. The Peso slipped to the lowest level since 27th of September, >>
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Indian Rupee weakens to nine-month low
Tue, 28 May 2013 10:30:46 GMT
 
The Indian Rupee depreciated by 0.2% to 55.6750 per U.S. Dollar in the morning of Mumbai trading session on Tuesday. The Rupee slipped towards a nine-month low, as investors showed >>
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Australian Dollar close to 11-month low on Fed concern
Tue, 28 May 2013 08:29:06 GMT
 
The Australian Dollar was slightly changed at 96.45 U.S. cents in the second part of Sydney trading session on Tuesday. The pair is traded around an 11-month low, as investors >>
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Taiwan will let insurers to invest in infrastructure projects
Tue, 28 May 2013 08:18:04 GMT
 
Taiwan will allow insurance companies to invest $3.3 billion in infrastructure projects in order to lift its export-dependent economy, as it was harmed by weakening global demand. The official 2013 >>
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Yen strengthens for third day on bond yield jump
Tue, 28 May 2013 08:07:04 GMT
 
The Japanese Yen was higher by 0.2% to 101.09 per U.S. Dollar in the second part of New York trading session on Tuesday. The currency increased 1.9% last week, which >>
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U.S. Dollar advances ahead consumer confidence data
Tue, 28 May 2013 07:56:09 GMT
 
The Dollar Index, which tracks the greenback performance against six major counterparts, was higher by 0.2% to 83.89 by the midday trading session in Tokyo on Tuesday. Investors are optimistic about >>
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EU moves further from austerity to structural reforms
Tue, 28 May 2013 07:24:06 GMT
 
The European Commission will say on Wednesday that austerity in the Eurozone should continue, however, it could be done at a slower pace than before. This comment will come as >>
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Yen depreciates as Asian stocks rise
Tue, 28 May 2013 07:13:16 GMT
 
Japanese Nikkei 225 index dipped 1.4% at the beginning of the Tuesday's session only to rebound and surge 1.4% later in the day. The growing stock market encouraged investors to >>
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China sets 7% target growth rate for decade
Tue, 28 May 2013 06:08:06 GMT
 
Сhina will seek 7% average annual GDP expansion through 2020, compared to more than 10% growth rate in a previous decade, according to China's Premier Li Keqiang. He added that >>
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