Market News




Market News

Japanese industrial output advances 3.4% in July
Fri, 13 Sep 2013 11:29:04 GMT
 
Japanese industrial output in July jumped 3.4% on a monthly basis, while increasing 1.7% year-on-year, adding to the case that the economy in Japan is recovering at a faster pace. >>
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Asian shares drop, halting 11-day gain, before Fed meeeting
Fri, 13 Sep 2013 11:18:03 GMT
 
Asian shares declined, with the regional benchmark index halting an 11-day gain, as the U.S. and Russia discuss situation in Syria and investors expect the result of a Federal Reserve >>
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European shares sink ahead of U.S. retail sales data
Fri, 13 Sep 2013 10:19:03 GMT
 
European shares decreased, cutting the Stoxx Europe 600 Index's second weekly advance, as investors anticipated data on retail sales from the U.S., while America and Russia discussed the situation in >>
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Dollar set for second weekly rise ahead of retail sales data
Fri, 13 Sep 2013 10:08:03 GMT
 
The U.S. Dollar appreciated ahead of data analysts said will indicate U.S. retail sales advanced in August, fueling speculation the Federal Reserve will begin stimulus tapering next week. The greenback >>
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Gold fluctuates around five-week low before anticipated Fed tapering
Fri, 13 Sep 2013 09:46:03 GMT
 
Gold future prices declined to the lowest level in five weeks, as investors expect from the Federal Reserve to possibly start the stimulus tapering next week. Gold futures dropped 1.61% >>
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Manufacturing in Eurozone slumped surprisingly
Thu, 12 Sep 2013 12:26:03 GMT
 
The manufacturing sector in the Eurozone remains weak, despite the overall economic recovery in the region. According to the data, the output in July lost 1.5% on a monthly basis, >>
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BoE: U.K. recovery may not decrease unemployment
Thu, 12 Sep 2013 12:15:04 GMT
 
One of the policy makers in the Bank of England, David Miles, point out that the economic recovery in the country may not influence the unemployment rate positively in the >>
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Philippines CB did not raise the key rate
Thu, 12 Sep 2013 12:04:04 GMT
 
The Central bank of the Philippines kept the main interest rate at the lowest level after the meeting on Thursday, as inflation the country is easing, while the economic growth >>
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Goldman: demand for commodities in China will grow
Thu, 12 Sep 2013 10:38:03 GMT
 
Experts from one of the largest banks in the world, Goldman Sachs Inc., expect the demand for commodities in China to rebound till the end of 2013. Investors in the >>
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Russian equities decrease amid drop in utilities
Thu, 12 Sep 2013 10:27:53 GMT
 
Russian shares gained value for the last nine days, as oil prices stayed flat during that period and the country declined any military action in Syria. Today, the first time >>
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China Mobile will work together with Apple
Thu, 12 Sep 2013 10:23:03 GMT
 
The biggest telecommunications operator in the world, China Mobile, has signed a contract with Apple Inc. to offer their clients' new smartphones. After the deal, the American giant will have >>
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Gold prices will decline in 2014
Wed, 11 Sep 2013 13:59:04 GMT
 
According to the report of Goldman Sachs Group Inc., gold prices will decrease in 2014, as the U.S. economy improves and global perspectives are positive. Moreover, the Fed will probably >>
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Sweden faces record mortgage debt
Wed, 11 Sep 2013 13:31:04 GMT
 
Swedish analysts point out that it is necessary for Swedes to amortize household mortgages to protect themselves from increasing debt amounts. Housing prices have already doubled since the beginning of >>
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Manufacturing sector expands in South Africa
Wed, 11 Sep 2013 12:48:03 GMT
 
The manufacturing industry in South Africa surged 5.4% in July of this year, while the factory output added 0.5%. Economists expected the output to advance 1.6%. Manufacturing progress can be >>
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Copper prices increase amid China's positive outlook
Wed, 11 Sep 2013 12:37:03 GMT
 
Worldwide copper prices advanced on Wednesday, as China's economy continues to recover. China is the biggest importer of copper, thus the rise of prices is predictable. According to overall outlooks, >>
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