Market News

German unemployment increased by 5000 to 2.94 million in November for an eight consecutive month and jobless rate was 6.9% as the Federal Labor Agency announced today. The largest European >>

The Euro, 17-nation currency, advanced by 0.3% to 106.60 yen and by 0.2% to $1.2981 in the beginning of London trading session on Thursday. The Euro strengthens on speculations that >>

Brazilian governors last night kept the Selic rate unchanged at 7.25% level, ending the second-longest period of reduction in order to prevail inflation from accelerating. The Central Bank of Brazil >>

The Won, South Korea's currency, increased by 0.2% to 1,084.13 per Dollar in the end of Seoul trading session on Thursday. The Won gained on the Barack Obama's comments that >>

German bonds with 10-year yields were 0.01 percentage point higher to 1.38%, in early London trading session on Thursday. Bonds rise from the lowest level in last week as yesterday >>

The Stoxx 600 Index add 0.6% to 274.73 in early London trading session on Thursday. European equities rise in the highest level in last three weeks, as investors' optimism >>

Industrial metals apart from nickel tanked on Wednesday as market participant remained worried about Greek debt woes and looming US fiscal battles. Market sentiment was further dampened by increased caution >>

Oil rose in New York as U.S. stockpiles unexpectedly fell and the fiscal cliff is expected to be avoided in the world's biggest oil consumer. Futures rose 0.5% after declining >>

US blue chips closed on the positive note on Wednesday on brighter outlook on the US economy. US President Barack Obama said that US lawmakers will agree on budget until >>

US stocks climbed on Wednesday on progress in talks to avert US fiscal cliff. US President Barack Obama reassured investors that the deal on US budget will be done in >>

Farm commodities were mixed on Wednesday amid weaker US Dollar and concerns over weather conditions in Brazil and Argentina. Moreover, hopes that demand for US supplies will continue to strengthen >>

Energy futures plunged on Wednesday despite broadly weaker US Dollar and an unexpected decline in the US crude oil inventories. The commodity group was pressurized by easing supply concerns in >>

Precious metals except for palladium declined amid lingering concerns over the US fiscal cliff and lack of details about recently agreed Greek bailout plan. Moreover, expiration of December contract that >>

Gold recovered from the biggest decline in more than 3 weeks as investors holdings increased to a record and on optimism the fiscal cliff in the U.S. will be prevented. >>

Asian stocks gained on optimism the U.S. will be able to avoid the fiscal cliff and as Japan's opposition party urged unlimited monetary easing. The MSCI Asia Pacific Index rose >>