Market News
Treasuries rise on recovery doubts
Tue, 23 Oct 2012 18:00:40 GMT
On Tuesday, treasuries were traded higher, as lower than expected earnings from corporations renewed doubts over the recovery of the economy and supported demand for safer assets. The yield on >>
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Bank of Canada maintains overnight interest rates unchanged
Tue, 23 Oct 2012 17:49:41 GMT
The Bank of Canada announced on Tuesday that it held its benchmark interest rate still for the seventeenth month in a row in October. The central bank left overnight cash >>
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German equities drop at risk-off trading
Tue, 23 Oct 2012 16:43:42 GMT
German shares tumbled at Tuesday's risk-off trading. Market players turned to safe-haven assets after Moody's downgraded credit rating of five Spanish regions. Disappointing quarterly results of the European majors also >>
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UK shares plunge after Moody's downgraded five Spain's regions
Tue, 23 Oct 2012 16:21:41 GMT
UK equities tumbled on Tuesday after Moody's lowered its credit rating on five regions in Spain. Weak quarterly results of the largest European companies also weighted down on UK shares. >>
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Japanese equities inched up on stimulus hopes
Tue, 23 Oct 2012 16:00:43 GMT
Japanese shares eased up on Tuesday, advancing for the seventh day in line. Mounting hopes that the BoJ and POBC will announce easing measures were supportive for Japanese equities. Meanwhile, >>
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Brazilian stocks dropped on Monday
Tue, 23 Oct 2012 15:39:39 GMT
Brazilian stocks were bearish on Monday amid mixed quarterly reports from the US. Meanwhile, market sentiment remained under pressure as traders continued to await flesh PMI releases and the FOMC >>
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US blue chips gained despite weak Japanese data
Tue, 23 Oct 2012 15:17:53 GMT
The Dow Jones Industrial Average Index added 0.02% to end Monday's session at 13,345.89. Market participants remained cautious ahead of manufacturing data and FOMC statement both due on Wednesday. Weak >>
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US stocks rebounded on Monday
Tue, 23 Oct 2012 14:44:40 GMT
US equities rebounded after a sharp decline on Friday. Quarterly reports continued to drive the markets. Investors were also cautious ahead of the FOMC meeting and flesh PMI releases across >>
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Spain's economy contracts for a fifth quarter
Tue, 23 Oct 2012 10:56:47 GMT
Spain's gross domestic product contracted by 0.4% from the previous three months, according to the Bank of Spain monthly estimation announced today in Madrid. Last week European leaders failed to >>
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China's stocks slip the most in four weeks
Tue, 23 Oct 2012 10:45:42 GMT
The Shanghai Composite Index lost 0.9% value to 2,114.5 points in the end of Asia trading session. That was the sharpest decrease since 26th of September, as investors were concerned >>
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Pound higher versus Euro before mortgage approvals
Tue, 23 Oct 2012 10:34:39 GMT
On Tuesday, the British Pound retreated from a 4-month low versus the Euro, before a report, which is widely expected to show an increase in U.K. mortgage approvals for the >>
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U.S. stocks higher on Apple
Tue, 23 Oct 2012 10:23:42 GMT
On Tuesday, U.S. stocks were higher, ending a 3-day long streak of S&P 500 losses, as
increase in Apple shares outshined disappointing corporate results. The most
valuable company, Apple, gained 4%, placing >>
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German bonds near a 1-month low
Tue, 23 Oct 2012 10:12:46 GMT
On Tuesday, German 10-year bonds were traded close to a 1-month low, since the market was driven by an upcoming Eurozone consumer sentiment report. The
yield on benchmark 10-year bonds was >>
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European stock markets edge lower
Tue, 23 Oct 2012 10:01:42 GMT
The Stoxx Europe 600 index is down by 0.4% to 271.84 points during early trading hours on Tuesday. This week's negative stock performance reduces the 16% surplus of the rally >>
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Gold slips ahead of the Fed meeting
Tue, 23 Oct 2012 09:50:42 GMT
Gold spot price decreased by 0.3% to $1,722.88 an ounce during the U.S. trading session and in Singapore trading hours, slightly retreated up and was $1,723.88. Gold loses its value, >>
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