Market News

Precious metals moved higher on Wednesday as broadly weaker greenback lent support for dollar-priced commodities. However, upbeat numbers from the US housing market coupled with increased cautiousness ahead of the >>

China's retail sales, fixed-asset investment and industrial output accelerated in September, easing pressure to add stimulus in order to support nation's economy after a 7-quarter slowdown.  GDP rose 7.4% in >>

Asian stocks gained as economic growth in China met economists' projections and U.S. housing starts increased. The MSCI Asia Pacific Index rose 0.8% to 123.91, set for the highest close >>

Australia's Dollar reached the strongest level in 2 weeks after data from China showed signs of stabilizing economy, brightening the outlook for exporters of the Pacific nation. The Aussie Dollar >>

Canada's currency advanced for the first time in 4 days versus the greenback as risk-on sentiment renewed demand for commodity currencies. The Loonie strengthened 0.9% to 97.80 cents per U.S >>

The Japanese Yen fell to a one-month low as Asian stock gained and optimism EU leaders meeting in Brussels will take measures to solve the Eurozone's crisis curtailed demand for >>

U.S. stocks turned green on Wednesday, as upbeat data from the U.S. pointed to property market recovery. The Dow Jones Industrial Average advanced 0.1%, to 13,543.30; the Standard & Poor 500 Index jumped >>

European stocks edged higher on Wednesday, October 17, as Spain dodged its credit rating downgrade by Moody's. The Stoxx Europe 600 Index rose 0.47 per cent to 275.66. Germany's DAX Index edged >>

German equities inched higher on Wednesday as concerns over economic uncertainty in Spain eased. Moody's left Spain's credit rating unchanged but warned that negative outlook remained. Pushing German shares higher, >>

UK shares remained higher on Wednesday as Moody's left Spain's credit rating unchanged ahead of the two-day EU summit due to start on Thursday. Upbeat data from the US property >>

Hong Kong equities jumped for the fifth day in a row on Wednesday ahead of the key China's data releases due later in the day. Mounting hopes that the POBC >>

Japanese equities continued their rally on Wednesday on upbeat US data and easing concerns over indebted eurozone. Weaker Yen also supported Japanese stock index, pushing exporters higher. The Yen depreciated >>

US blue chips soared on Tuesday on encouraging news from the US and Europe. US factory production rose more expected last month while German investors' sentiment improved in October. Sending >>

US stocks rallied on Tuesday after the Labor Department announced that CPI rose only by 0.1% in September, indicating that consumers have more money to spend. Moreover, slower CPI growth >>

On Monday, futures for U.S. stocks were traded higher, as U.S. housing starts surged more than expected, reaching the highest level since July 2008. S&P 500 futures expiring in December increased by 0.3% >>