Market News




Market News

American manufacturing continues to surge with 53.7 PMI
Tue, 01 Apr 2014 17:00:08 GMT
 
The American manufacturing sector continued to expand, as production and orders grew, reaching a tenth consecutive gain, while still missing the economists' expectations of 54. The Institute for Supply Management's >>
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U.S. markets advance on manufacturing data
Tue, 01 Apr 2014 16:38:07 GMT
 
U.S. stocks surged after Tempe, Arizona-based group, reported an increase in the manufacturing data, thus letting Standard & Poor's 500 Index reach the longest winning streak since 2007. The S&P >>
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Japan's Topix index close to longest winning streak in year
Tue, 01 Apr 2014 16:35:07 GMT
 
The Japanese shares were mixed as the Topix index advanced, while the Nikkei 225 Stock Average slipped 0.2%. The Topix Index climbed 0.1%, thus extending its winning streak to a >>
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Pound slides as manufacturing expands at slower pace
Tue, 01 Apr 2014 16:25:04 GMT
 
The Pound halted its six-day winning streak against the greenback after U.K. reported slower-than-expected growth in manufacturing. The Cable dropped 0.1% from its two-week high, after it advanced 1.1% during >>
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Speculators lose $5.5 billion on Yuan bets
Tue, 01 Apr 2014 16:14:05 GMT
 
The Chinese currency slipped 2.4% against the U.S. currency last quarter, thus posting the biggest drop among the Asian currencies. The Renminbi has been gaining ground for almost a decade, >>
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Gold trades at around 7-week low as investors evaluate stimulus
Tue, 01 Apr 2014 15:41:06 GMT
 
Gold traded near the lowest point in seven weeks in London, since investors scrutinise Fed's outlook on the monetary policy. Gold for immediate delivery gained 0.3% to $1,287.42 an ounce >>
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Italy's jobless rate at record high in February
Tue, 01 Apr 2014 15:30:06 GMT
 
The Italian labour market recorded the highest unemployment rate all-time as the rate advanced further in the month of February, a report published by the statistical office Istat revealed on >>
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RBA keeps rates at record low
Tue, 01 Apr 2014 15:19:06 GMT
 
The Australian national bank left the key interest rates at the lowest level all-time as the economy struggles to find its way to stable economic growth, a report released by >>
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Eurozone's jobless rate stays unchanged in February
Tue, 01 Apr 2014 14:36:04 GMT
 
Unemployment rate in the 18-nation bloc stayed flat in the month of February, however the total number of people without a job fell by 35,000, a report released by the >>
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RBI maintains rates unchanged on Tuesday
Tue, 01 Apr 2014 14:25:04 GMT
 
The Indian central bank decided to maintain the benchmark interest rates unchanged and signalled that it may keep the rates at current level in the near future, a report released >>
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France's manufacturing PMI rises to 33-month high
Tue, 01 Apr 2014 14:14:05 GMT
 
Manufacturing sector in France advanced in March rising towards the strongest level in thirty three months and beating initial economists' projections, a report released by the Markit Economics unveiled on >>
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German PMI eases to 53.7 in March
Tue, 01 Apr 2014 14:03:05 GMT
 
Manufacturing sector in the Europe's largest economy eased in the month of March rising at a slower rate than economists originally forecast, a report published by the Markit Economics showed >>
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Eurozone's manufacturing PMI rises for 9th consecutive month
Tue, 01 Apr 2014 13:52:07 GMT
 
Manufacturing sector in the 18-nation bloc increased in March extending its series of gains to nine months, a report released by the Markit Economics showed on Tuesday. According to the >>
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Kiwi rises to 6-year peak
Tue, 01 Apr 2014 13:41:03 GMT
 
The New Zealand's currency increased on Tuesday trading session rising towards the strongest level in six years after the so-called Kiwi recorded an increase of 3.6% in the first three >>
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Yen falls as Japan raises sales tax
Tue, 01 Apr 2014 13:30:04 GMT
 
The Japanese currency weakened on Tuesday trading session as the country implemented sales tax hikes, while the U.S. currency slipped as the U.S. Federal Reserve claimed that the current monetary >>
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