Market News




Market News

German unemployment surges against forecasts
Tue, 01 Oct 2013 10:10:23 GMT
 
Number of unemployed people in the largest economy of Eurozone added 25,000 in September, while analysts expected the unemployment to fall by 5,000. Moreover, the jobless rate advanced to 6.9% >>
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The greenback depreciates against Swiss Franc amid U.S. Shutdown
Tue, 01 Oct 2013 09:59:03 GMT
 
The U.S. Dollar dropped to a 19-month low versus the Swiss Franc amid partial U.S. government shutdown, boosting speculation the Fed will retain its monetary policy that weakens the currency.The >>
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Japan will increase sales tax in 2014
Tue, 01 Oct 2013 09:48:31 GMT
 
Japanese government announced on Monday an increase of the sales tax from 5% to 8% in the next year. Some economists say that the tax rise may slower the economic >>
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Treasuries fall as investors believe shutdown may not last long
Tue, 01 Oct 2013 09:37:05 GMT
 
Treasuries dropped after three-day soar on speculation the U.S. government shutdown will end fast enough for the politicians to work on expanding the limit. Ten-year U.S. yields added 0.03 percentage >>
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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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