Market News




Market News

RBA holds rates amid positive growth expectations
Tue, 01 Oct 2013 09:26:03 GMT
 
The Reserve Bank of Australia unchanged the main interest rate, keeping it at 2.5%, the all time lowest level. Experts, however, predicted the rate to be decreased slightly. RBA officials >>
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U.S. Dollar contracts amid government shutdown
Tue, 01 Oct 2013 09:15:03 GMT
 
The U.S. Dollar dropped to the nine-month low to $1.6245 versus the U.K.'s currency as the U.S. government began partial shutdown at midnight not being able to reach consensus on >>
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China manufacturing PMI advanced in September
Tue, 01 Oct 2013 08:58:03 GMT
 
Manufacturing activity in China increased in September of 2013, as the benchmark PMI Index added 0.1 points to 51.1 points. At the same time, analysts forecasted the index to reach, >>
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Japanese unemployment surprisingly surged in August
Tue, 01 Oct 2013 08:47:05 GMT
 
Unemployment level in the third biggest economy of the world unexpectedly soared to 4.1% or 2.71 million people in August of this year, while economists did not predict any changes >>
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Australia experiences bigger-than-expected gain in retail sales amid low interest rate
Tue, 01 Oct 2013 08:33:04 GMT
 
Retail sales were anticipated to grow 0.3%, yet the index advanced 0.4% in August compared to 0.1% gain in July as low interest rate bolster consumer spending. Consumer confidence index >>
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European stock-index futures gain on U.S. Shutdown
Tue, 01 Oct 2013 08:22:05 GMT
 
European stock-index futures advanced, indicating the Stoxx Europe 600 Index will recover from its biggest slump during one-month time, as investors weighed the impact of U.S. government's partial shutdown. December >>
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Gold declines on U.S. government shutdown
Tue, 01 Oct 2013 08:09:07 GMT
 
Gold extended losses on worries that the first U.S. government partial shutdown in almost two decades will end soon as the officials have to seek for a compromise. The yellow >>
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Japan purchasing managers' index reaches highest since 2007
Tue, 01 Oct 2013 07:58:05 GMT
 
Large manufacturers' sentiment rallied to the highest level of 52.5 since the debt crisis broke out amid steps to mitigate increase of sales-tax, which is claimed to become 8% instead >>
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Europe's shares fall on situation in U.S.
Tue, 01 Oct 2013 07:47:05 GMT
 
European shares retreated the most in four weeks, reversing the best three months in last four years, as the U.S. experienced government shutdown for the first time in 17 years. >>
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Asian shares advance after Abe's testimony
Tue, 01 Oct 2013 07:14:02 GMT
 
Asian shares gained, bolstered by Japanese stocks, after Japan's Prime Minister Shinzo Abe stated the government will increase its sales tax; however, gains were limited as the U.S. government has >>
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Canada's Dollar touches four-day high
Tue, 01 Oct 2013 06:20:09 GMT
 
The Canadian currency reached the highest level in four days after gross domestic product data showed growth in July, fueling the speculation that nation's economy is bouncing off from a >>
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First U.S. government shutdown in 17 years
Tue, 01 Oct 2013 06:09:04 GMT
 
At midnight the U.S. government went for partial shutdown as Republicans and Democrats did not manage to reach consensus on Obamacare, yet major negotiations on debt limit increase still to >>
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Australian Dollar advances versus counterparts
Tue, 01 Oct 2013 05:58:23 GMT
 
The Aussie rose versus 15 of 16 its most-traded peers after better than expected retail sales and that supported worries that nation's central bank will not cut interest rates today. >>
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Italy's HICP eases more than estimated in September
Tue, 01 Oct 2013 05:11:04 GMT
 
Italy's inflation measured as harmonized index of consumer prices (HICP) slowed down more than economists initially forecast in the month September, a report released by the statistical office Istat revealed >>
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U.K. mortgage approvals grow more than forecast in August
Tue, 01 Oct 2013 05:00:08 GMT
 
Mortgage approvals for house purchases in the United Kingdom advanced more than originally expected in August rising to the highest level since February 2008, a data published by the Bank >>
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