Market News






Market News

European markets edge lower on global negative news
Mon, 29 Oct 2012 12:54:56 GMT
 
The Stoxx Europe 600 index decreased by 0.4% to 269.45 on early London trading session. The European equity benchmark still holds a 15% gain from 4th of June, as the >>
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Mortgage approvals in Britain rose to a 4-month high
Mon, 29 Oct 2012 12:43:55 GMT
 
The Bank of England announced on Monday that the amount of mortgage approvals rose more than expected in September, since the bank's credit-easing plan raised accessibility of home loans. The >>
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Treasuries hold gains on upcoming job report
Mon, 29 Oct 2012 12:34:05 GMT
 
On Monday, treasuries were holding gains, as market sentiment was driven by an upcoming job report later this week, which is widely expected to show an increase in U.S. unemployment, >>
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Copper steady on U.S. data, growth concerns
Mon, 29 Oct 2012 12:23:56 GMT
 
On Monday, copper prices were little changed, hovering above a 7-week low, as the commodity was supported by the sign of a recovery in the U.S. economy, but gains were >>
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Asian stocks turned lower amid corporate earning concern
Mon, 29 Oct 2012 12:12:58 GMT
 
On Monday, Asian stocks turned lower in the late Asian trading hours, as disappointing corporate earnings continued to weigh. Hong Kong's Hang Send index decreased by 0.4% during the session. >>
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Germany's 10-year bunds gain before inflation data
Mon, 29 Oct 2012 12:01:59 GMT
 
On Monday, German 10-year bunds were traded higher for the second day, as trader sentiment was determined by an upcoming report on German inflation, which is widely expected to show >>
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Gold advances on Japan Stimulus speculation
Mon, 29 Oct 2012 11:04:04 GMT
 
On Monday, gold was traded higher, following the release of the data that showed that Japanese retail sales added less than expected, which boosted speculation about another monetary stimulus. Spot >>
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Oil falls while gasoline advances
Mon, 29 Oct 2012 10:52:55 GMT
 
On Monday, prices for oil were falling, ending a 2-day streak of gains, while gasoline prices were advancing, since refineries stopped their operations before Hurricane Sandy. On the NYMEX, December >>
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Retail sales in Spain declined more than expected
Mon, 29 Oct 2012 10:30:56 GMT
 
National Institute for Statistics reported on Monday that Spain's retail sales decreased more than expected last month. Retail sales fell by 10.9% on a seasonally adjusted basis, compared to a >>
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Corn slid amid weak demand for US supplies
Mon, 29 Oct 2012 10:19:55 GMT
 
Farm commodities plunged on Friday as demand for US supplies continued to shrink. Stronger US Dollar as well as concerns over a  slowdown in Asia and eurozone also weighted down >>
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Brent oil rose on brighter demand prospects in the US
Mon, 29 Oct 2012 09:57:55 GMT
 
Energy futures except for natural gas advanced on Friday as positive US GDP reading boosted demand hopes. However, stronger US Dollar and on-going concerns over Spain and Greece capped the >>
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U.S. trading floor closed on Monday on Hurricane warnings
Mon, 29 Oct 2012 09:46:56 GMT
 
The Security and Exchange Commission announced that U.S. trading on all types of markets on 29th of October is cancelled, as Hurricane Sandy runs with a 70-mile-per-hour wind into the >>
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Copper inched up after upbeat US GDP figure
Mon, 29 Oct 2012 09:36:03 GMT
 
Industrial metals apart from copper slid on Friday despite encouraging US data. US GDP expended more than expected last quarter, boosted by sharp increase in consumer spending. Meanwhile, larger-than-expected decline >>
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Won reaches a 13-month high as exporters sold Dollar
Mon, 29 Oct 2012 09:24:56 GMT
 
The Won, South Korea's currency, climbed by 0.1% to 1,095.90 against the Dollar in the end of Asia trading hours. The Won is around a 1,094.50 resistance level, which holds >>
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Silver sank on strong greenback
Mon, 29 Oct 2012 09:14:04 GMT
 
Precious metals traded lower on Friday amid broadly stronger greenback after upbeat US GDP data. Adding to the negative mood of the commodity group, Jeffrey Lacker, president of the Richmond >>
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