Market News




Market News

Gold advances to one-month high
Mon, 12 Aug 2013 11:22:07 GMT
 
Gold advanced to a one-month high after the greenback's retreat and yellow metal's rise above $1,320 an ounce boosted its demand. Bullion has increased 4.2% from the lowest level in >>
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Japan's growth misses expectations
Mon, 12 Aug 2013 10:17:07 GMT
 
Japan's economy missed the analysts' expectations in the second quarter of the year as the nation's GDP grew an annualized 2.6%, according to the Cabinet Office. For comparison, in the >>
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U.K. shares advance slightly
Mon, 12 Aug 2013 10:06:06 GMT
 
U.K. shares were little changed, after retreating previous week, as more commodity producers advanced than declined. The FTSE 100 added 0.2% to 6,593.15 as of 8:59 a.m. London time and >>
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European shares aim for a 10-week high
Mon, 12 Aug 2013 09:55:06 GMT
 
European shares are headed towards the highest level in 10 weeks, namely the benchmark Stoxx Europe 600 Index, after commodities producers increased while utilities declined. The Stoxx 600 inched up >>
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German 10-year bunds fall ahead of Euro block growth data
Mon, 12 Aug 2013 09:44:08 GMT
 
German 10-year government bunds declined ahead of data this week that economists said will indicate the Euro block economy is growing at a faster pace in the second quarter. The >>
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Silver headed towards 2-month high amid upbeat physical demand
Mon, 12 Aug 2013 09:31:05 GMT
 
Silver prolonged its four-day jump, rising on positive physical demand and strong report from China, touching the highest level since June 20. Silver futures increased 3.42% to $21.105 per ounce, >>
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Japanese Yen drops on Japan's growth slowdown
Mon, 12 Aug 2013 09:20:08 GMT
 
The Japanese Yen depreciated after a government data that indicated on Japan's economic slowdown in the second quarter of the year, spurring speculation that nation's central bank will have to >>
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Sterling little changed against greenback
Mon, 12 Aug 2013 08:58:12 GMT
 
The British currency was little changed versus the greenback and shared currency ahead of the U.K. house prices data in July that are expected to be at the highest level >>
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U.S. Dollar Index advances for second straight day
Mon, 12 Aug 2013 08:47:04 GMT
 
The Dollar Index gained for a second straight day ahead of U.S. retail sales report that is expected to show an advance for fourth month in a row, indicating on >>
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Canadian equities decline after employment reports
Fri, 09 Aug 2013 15:40:14 GMT
 
Canadian stock markets were red after employment data for July missed analysts' forecast. Dorel Industries plummeted 15% after showing lower-than-projected earnings and revealed plans of job cuts. The Standard & >>
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Brazil's Real rises as central bank intervenes
Fri, 09 Aug 2013 15:18:08 GMT
 
Brazilian Real appreciated as the nation's central bank intervened by auctioning foreign-exchange swaps and as China, the largest trading partner of Brazil, showed better-than-expected industrial output. The Real gained 0.3% >>
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U.S. equities open lower amid no upcoming economic news
Fri, 09 Aug 2013 15:07:06 GMT
 
U.S. stocks traded lower at opening as major economic reports or news are not expected today, and as investors are worried about the Federal Reserve's asset purchases programme. The S&P >>
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Canadian Dollar fells as labour data missed estimates
Fri, 09 Aug 2013 14:14:04 GMT
 
The Canadian Dollar fell 0.24% to C$1.0432 against the greenback at 12:36 a..m. GMT as Canada's jobless report showed disappointing results. Employment declined by 394,000 in July, while stayed unchanged >>
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WTI jumps 1% following China's industrial production report
Fri, 09 Aug 2013 14:03:04 GMT
 
WTI futures gained 1% as China posted its industrial production report which overshot estimates, increasing expectations for higher demand for the oil. WTI futures rallied 1.07% to $104.51 per barrel, >>
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Gold falls in London amid bets stimulus will be reduced
Fri, 09 Aug 2013 13:52:05 GMT
 
Gold declined in London amid bets the Federal Reserve will scale back bond purchases. Gold for immediate settlement retreated 0.3% to $1,309.48 per ounce, while silver plummeted 0.1% to $20.2475 >>
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