Market News

Industrial metals were bearish on Thursday as investors became increasingly concerned over the lack of progress in the US budget talks. Moreover, weak US retail sales data as well as >>

The Shanghai Composite Index surged 4.3% to 2,150.63 points in the end of Asian trading session on Friday. That was the biggest gain since October 2009, as the market was >>

The Chile's Peso experienced a 0.2% drop to 475.10 per Dollar in the end of trading session in Santiago on Thursday. The Peso slipped from an eight week high mainly >>

Retail sales in the world's largest economy grew below economists' expectations in November as an abrupt decline in gas station spending offset a rise in other sectors, the Commerce Department >>

Precious metals retreated on Thursday as boost from the Fed additional stimulus measures appeared to be short-lived. The commodity group also was pressurized by concerns that looming fiscal cliff in >>

Oil advanced in New York as a report showed China's manufacturing may accelerate this month. Crude for January settlement rose as much as 71 cents to $86.60 a barrel and >>

Asian stocks fluctuated as report showed Chinese manufacturing may expand this month and as Japan's business confidence fell. The MSCI Asia Pacific was at 127.17 at 2:40 p.m. in Tokyo, >>

The South Korea's Won was set for the biggest weekly advance in 3 months on speculation investors will prefer the country's assets as the Fed extends its asset purchases, thus >>

The South Pacific currencies strengthened, trimming earlier losses, as a report showed China's manufacturing might rise at a faster pace, increasing trade prospects. The Aussie rose 0.1% to $1.0544 at >>

Japan's currency weakened to the lowest level since March versus the U.S. Dollar on speculation the Liberal Democratic Party will win the elections this weekend and force the BOJ to >>

European shares dropped from their highest level in 18 months, after Ben S. Bernanke's announced that a budget deal is needed to avert the "the fiscal cliff". Experts expressed opinion >>

The German shares erased their earlier gains after the Chairman of Federal Reserve said the approved plan to purchase $45 billion a month Treasury securities will not resolve the "fiscal >>

Finance ministers of the Eurozone approved a second bailout installment to the debt-burden Greek economy as the country completed its debt buyback plan in Brussels meeting on Thursday. The European >>

Hong Kong shares slightly decreased, halting a further rally on rising concerns over the so called "fiscal cliff". However, foreign investors are showing more interest into Hong Kong's stocks amid >>

Asian stocks gained  on the rally of Japanese exporters as the yen depreciated to almost nine-month low against the dollar. The currency dropped on optimism Shinzo Abe will win the >>