Market News




Market News

Intel plans to close factory in U.S.
Mon, 16 Sep 2013 13:26:04 GMT
 
Intel Corp., an American semiconductor manufacturer, announced 1100 job cuts by the end of this year, including closure of a plant in Massachusetts, where 700 jobs are supposed to be >>
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Investors want Yellen to become Fed head
Mon, 16 Sep 2013 12:48:10 GMT
 
According to the CNBC survey, two out of three economists expected Barack Obama to nominee Lawrence Summers as the new Fed chairman. Alongside, five out of six experts wanted Janet >>
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Car sales in U.S. will surge in 2014
Mon, 16 Sep 2013 12:23:04 GMT
 
American car sales are posing for a strong advance, while the car makers can sell about 16.1 million new cars in 2014. Such a positive forecast was given by analysts >>
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U.K. will benefit without financial transaction tax
Mon, 16 Sep 2013 12:12:04 GMT
 
Lawyers of the European Union notice that the United Kingdom will obviously benefit from the refusal of imposing a tax on financial transactions. This decision will allow the U.K. to >>
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Investors see Fed rates going up in 2014
Mon, 16 Sep 2013 11:50:03 GMT
 
Many bond investors predict that the Federal Reserve will not keep its interest rates on the current low level until 2015, as volatility on bond market rises, while the U.S. >>
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Oil declines as Syria pressure decreases
Mon, 16 Sep 2013 11:39:03 GMT
 
Prices for WTI oil fall on Monday amid dropping pressure from Syria, as the U.S. agreed a plan with Russia to confiscate Syrian chemical weapons. It seems that oil supply >>
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Indian currency advances on Fed news
Mon, 16 Sep 2013 11:28:05 GMT
 
Indian national currency increased in value versus dollar on Monday, as markets positively reacted on Lawrence Summers' announcement of being out of race for Fed's chairman seat. Moreover, the country's >>
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U.S. companies' inventories jump above expectations
Fri, 13 Sep 2013 15:05:08 GMT
 
Despite worries on the Federal Reserve's future decision about stimulus tapering, U.S. companies stockpiles inched up for the third time this year. Inventories of U.S. businesses rallied 0.4% in July, overshooting analysts' expectations of >>
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Canada's Dollar drops with Fed tapering in focus
Fri, 13 Sep 2013 14:44:04 GMT
 
The Canada's Dollar declined for the second day amid speculation the Federal Reserve may begin to start stimulus tapering next week, which is expected to send the U.S. Dollar lower. >>
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Italy's 10-year bonds fall as Portugal's plummet for fourth day
Fri, 13 Sep 2013 14:04:03 GMT
 
Italian 10-year government bonds decreased for the first time in three days after Euro block's officials boosted concerns that political instability in Italy may threaten economic reforms. Portugal's government bonds >>
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U.S. share futures steady following retail sales data
Fri, 13 Sep 2013 13:53:03 GMT
 
U.S. share futures traded steady after retail sales data for August was posted, while investors are preparing for the Federal Reserve meeting next week. Standard & Poor's 500 futures advanced >>
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Sterling jumps to seven-month high following construction data
Fri, 13 Sep 2013 13:42:59 GMT
 
The Sterling appreciated to the highest level in seven months versus the greenback ad a government data indicating construction production advanced in July, boosting the case the U.K. economy is recovering at a >>
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Political situation in Italy still causes mistrust
Fri, 13 Sep 2013 13:16:03 GMT
 
Olli Rehn, the economics chief of the EU said on Friday that Italian economy still faces a lot of economical risks, as the economy continues to decline. Manufacturing in the >>
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U.S. retail sales set for fifth jump in a row
Fri, 13 Sep 2013 12:46:03 GMT
 
The U.S. retail sales are anticipated to advance in August for the fifth time amid increasing demand for cars and a moderate fall in gas prices. Based on economists' expectations, >>
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Construction sector in U.K. advanced in July
Fri, 13 Sep 2013 12:35:06 GMT
 
One of the main sectors of the U.K. economy continued the up-trend, adding signs to that the country's economy is recovering and expanding growth. Construction industry added 2.2% in July >>
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