Market News




Market News

Microsoft profit rises more than expected
Fri, 25 Oct 2013 11:54:06 GMT
 
Microsoft Corp. released its quarterly report for the July-September period, as the company showed better than expected results. Revenues of the company jumped 16% to $18.53 billion, as consumers bought >>
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Volvo profit falls amid stronger krona
Fri, 25 Oct 2013 11:43:03 GMT
 
Volvo AB, the largest car maker in Sweden, has posted an unexpected decrease in its profit for the third quarter of this year, as the stronger Swedish national currency trimmed >>
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German business climate declines in October
Fri, 25 Oct 2013 11:32:05 GMT
 
According to the newest data, business confidence in the largest economy of the Eurozone fell slightly in October of the current year, but the overall long-term trend continued to be >>
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Gold drops after 3-week high on speculations Fed will slow stimulus
Fri, 25 Oct 2013 10:53:03 GMT
 
Bullion for December delivery slipped 0.5% to $1,344.20 an ounce in New York on speculations Federal Reserve will slow its monetary stimulus as US economy strengthens, which reduces demand for >>
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Kiwi declines as Reserve Bank is unlikely to raise interest rates
Fri, 25 Oct 2013 10:42:05 GMT
 
The kiwi depreciated versus all its 16 major counterparts following weekly decrease to 1.4%, as New Zealand's central bank is unlikely to increase borrowing costs, a measure that could boost >>
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Italian retail sales stay flat against expectations
Fri, 25 Oct 2013 10:20:04 GMT
 
Retail sales in Italy did not change from the previous month in August of this year, while many experts forecasted the sales to add 0.2%. It is worth pointing out >>
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Sterling gains for second week against greenback amid UK economy expansion
Fri, 25 Oct 2013 10:09:05 GMT
 
The Pound advanced 0.1% to $1.6224 at 9:44 am in London, after touching $1.6257, the highest level since October 1, as UK gross domestic product expanded at fastest pace in >>
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U.K. economy surges as all industries show recovery
Fri, 25 Oct 2013 09:58:03 GMT
 
Economic growth in the United Kingdom reached 0.8% in the third quarter of this year, while all the main sectors of country's economy posted an increase in output. The result >>
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Canada's Dollar falls to 4-month low on central bank's statement
Fri, 25 Oct 2013 09:25:05 GMT
 
The Canadian currency sunk 0.4% to C$1.0422 per greenback as of 5pm in Toronto, after reaching its lowest level since September 9, after Central Bank signalled a need for increasing >>
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Dollar drops most in 2 years on U.S. consumer sentimens data
Fri, 25 Oct 2013 09:14:03 GMT
 
The U.S. Dollar depreciated 0,2% to $1.3824 per Euro as of 6:54 in London, after reaching $1.3832, the lowest level since November 2011, amid negative estimations of U.S. consumer comfort >>
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US initial unemployment benefits fall 12,000, missing economists' expectations
Thu, 24 Oct 2013 16:07:12 GMT
 
Initial claims for unemployment benefits dropped 12,000 to 350,000, which is 4,000 more than expected, comparing to 362,000 in previous week, Labor Department revealed on Thursday. The Labor Department >>
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Crude Oil jumps after 4-month low amid China's manufacturing growth
Thu, 24 Oct 2013 15:32:09 GMT
 
Benchmark US Crude Oil for December delivery added 0.32 US cents to $97.18 a barrel on Thursday morning, after four-month low, amid China's strong manufacturing data that beat forecasts. According >>
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US bonds hits 3-month low amid amid US jobless claims; government debt climb
Thu, 24 Oct 2013 15:10:09 GMT
 
The 10-year Treasuries dropped five basis points to 2.49% as of 9:39 am in New York, after slipping to 2.47% yesterday, the weakest since July 22, as a report revealed >>
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European shares gain on major company earnings
Thu, 24 Oct 2013 14:37:05 GMT
 
European shares rose as some major companies posted their earnings that topped the estimates, while China's manufacturing grew more than expected monthly. The Stoxx Europe 600 Index gained 0.3% to >>
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U.S. trade deficit rises as exports declines
Thu, 24 Oct 2013 14:26:03 GMT
 
Trade deficit of the United States decreased slightly to $38.8 billion in August of this year, while a month earlier the deficit stood at $38.6 billion and was revised up. >>
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