Market News




Market News

Investors recommend buying Apple shares
Mon, 07 Oct 2013 16:50:07 GMT
 
Jefferies Group LLC, a New York based investment firm, recommend investors buying Apple Inc. shares, as Jefferies upgraded the Cupertino-based firm's rating from "hold" to "buy" on Monday. It is >>
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Brent drops amid weak oil production in Gulf of Mexico
Mon, 07 Oct 2013 16:31:07 GMT
 
Crude declined on Monday trading session and are set to record the largest fall in three weeks as oil production in Gulf of Mexico fell amid storm Karen and after >>
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Brazil's swaps drop amid lowered inflation outlook
Mon, 07 Oct 2013 16:20:05 GMT
 
Brazilian swap rates declined on Monday after the country's central bank released a survey showing that the inflation outlook for 2014 was lowered adding to a forecast expecting the pace >>
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France will not introduce new business tax
Mon, 07 Oct 2013 16:09:14 GMT
 
French government decided not to introduce in 2014 a new tax on businesses, whose revenues exceed 50 million euro per year, as investors speak about possible capital outflows and decline >>
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Greek economy to grow in 2014
Mon, 07 Oct 2013 15:58:07 GMT
 
Analysts expect that the economy of Greece will jump 0.6% in 2014, as the recession is planned to be finished. Meanwhile, this year the economic contraction is expected at 4%. >>
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East Asian growth forecast cut amid China
Mon, 07 Oct 2013 15:21:05 GMT
 
Economic growth of East Asian region may reach only 7.1% this year, while the next year it is expected to be 7.2%, according to the forecasts of the World Bank. >>
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Canadian Dollar weakened amid oil decline
Mon, 07 Oct 2013 15:10:04 GMT
 
The Canadian currency depreciated versus its U.S. peer as oil, the most exported product of the state, dropped. The decline of Canada's Dollar versus most of its 16 major counterparts is >>
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U.S. government seeks for the evasive way out of the deadlock
Mon, 07 Oct 2013 14:59:03 GMT
 
The solution of problematic political situation in U.S. government still has not been found as the government deadlock continues with potential gap in borrowing authority. Each party wants to get out of the shutdown >>
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Czech manufacturing boosted by car industry
Mon, 07 Oct 2013 14:48:04 GMT
 
Manufacturing output in the Czech Republic surprisingly jumped 1.6% in August of 2013 from the previous year, while economists expected the output to slump 1.3%. In July the country's manufacturing >>
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Merkel can form coalition with Greens instead of SPD
Mon, 07 Oct 2013 14:37:03 GMT
 
Federal Chancellor of Germany Angela Merkel can form a coalition with left-wing Green party, while the second most probable ally, the Social Democrats, are ready to compromise on the tax >>
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U.K. shares retreat after Boehner statement
Mon, 07 Oct 2013 13:06:08 GMT
 
U.K. shares fell, after the benchmark index has declined for second straight week, as U.S. Speaker Boehner stated that there will be conditions attached to the federal borrowing limit bill. >>
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Japan's leading index slips 2nd time in 3 months
Mon, 07 Oct 2013 11:39:06 GMT
 
A leading index in Japan declined in August falling for the second time in a three-month period, a report published by the Cabinet Office unveiled on Monday. The report showed >>
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Eurozone's investor confidence drops unexpectedly in October
Mon, 07 Oct 2013 11:28:06 GMT
 
Investor confidence in the 17-nation bloc shrank surprisingly in the month of October falling from the second-strongest level on record, a survey released by the think-tank Sentix revealed on Monday. >>
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Taiwan's Dollar is forecast to fall after reaching 8-month high
Mon, 07 Oct 2013 11:17:05 GMT
 
Taiwanese Dollar is set to weaken against the majority of currencies after it rose to the highest level in eight months amid speculation that the Federal Reserve's Governor Perng Fai-nan >>
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Rupee drops amid speculation investors reduce share purchases
Mon, 07 Oct 2013 11:06:03 GMT
 
India's currency fell on Monday snapping its three-day series of gains amid concerns that investors will reduce purchases of the Indian shares after no signs of progress in the U.S. >>
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