Market News




Market News

17-nation currency gains to strongest level in seven weeks
Thu, 08 Aug 2013 08:08:06 GMT
 
The Euro touched the strongest level in seven weeks versus the greenback as German exports outpaced imports beating the expectations and that indicated on nation's economic recovery. The Euro traded >>
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Pound at six-week high after BoE inflation report
Wed, 07 Aug 2013 19:04:15 GMT
 
British Pound advanced after the Bank of England released its inflation report. The Pound added 1% to $1.5501 against the greenback. The currency's gain had been boosted by Mark Carney' >>
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Gold declines amid Fed QE reduction concerns
Wed, 07 Aug 2013 14:56:06 GMT
 
Gold futures lost for the third consecutive session as Chicago Fed President Evans implied that the U.S. central bank could scale back its monthly asset purchases in September since the >>
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Emerging equities at 4-week low as earnings below estimates
Wed, 07 Aug 2013 14:45:07 GMT
 
Emerging-market equities dropped to a four-week low as earnings from AngloGold, one of the world's largest producers of gold, and TPK Holding, a touch screen supplier of Apple, missed estimates. >>
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Canada's building permits declined in June
Wed, 07 Aug 2013 14:20:08 GMT
 
Construction activity dropped in Canada in June amid fewer projects to build residential houses and commercial and industrial constructions. The value of approved construction permits fell 10.3% to $6.6 billion >>
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Loonie at 3-week low after building permit data
Wed, 07 Aug 2013 14:01:05 GMT
 
The Canadian Dollar was at its lowest level in three weeks versus 15 out of 16 main trading peers as building permits decreased in June. The Canada's currency begun weakening >>
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Gold fluctuates near 3-week lows amid stimulus worries
Wed, 07 Aug 2013 12:21:14 GMT
 
Gold declined for the third day in a row, after Chicago Federal Reserve President Evans provided signs that the central bank may start scaling back its bond purchases in the >>
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WTI crude oil fluctuates before U.S. inventory report
Wed, 07 Aug 2013 12:10:09 GMT
 
West Texas Intermediate crude fluctuated before U.S. report which may show that the nation's crude stockpiles dropped to the lowest level in six months, while prices gained after Germany, the >>
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Swiss shares advance for fifth straight day
Wed, 07 Aug 2013 11:59:14 GMT
 
Swiss shares were little changed, after the regional benchmark SMI almost reached a three-week high, as Swisscom AG results topped the estimates. The Swiss Market Index added 0.1% to 8,005.41 >>
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U.S. bonds climb as Yen and equities spur demand for safer assets
Wed, 07 Aug 2013 11:49:10 GMT
 
Treasuries gained as the Japanese Yen appreciated to a near seven-week high versus the greenback and equities fell, fueling demand for safer assets as government bonds. Yield on 10-year treasuries >>
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U.K. shares decline after BOE statement
Wed, 07 Aug 2013 11:38:07 GMT
 
U.K. shares retreated after the Bank of England stated that it will remain interest rates unchanged until the jobless rate reaches 7%. The FTSE 100 Index slid 0.7% to 6,556.52 >>
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Euro steady following German industrial output
Wed, 07 Aug 2013 11:27:06 GMT
 
The common currency remained flat versus the greenback, as industrial output in Germany increased in June. The 17-nation currency appreciated 0.07% to 1.3316 versus the U.S. Dollar, as German industrial >>
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German industrial output increased 2.4% in June
Wed, 07 Aug 2013 11:17:06 GMT
 
German industrial production grew 2.4% in June month on month, following a 0.8% decline in May, while economists had forecast a 0.3% increase. The German output rallied 2.0% in June >>
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Sterling drops sharply following BoE's Inflation data
Wed, 07 Aug 2013 11:06:10 GMT
 
The Sterling weakened versus the U.S. Dollar, after the Bank of England released Inflation data, which affects the Monetary Policy Committee decision on its interest rate. The British currency declined >>
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European shares fall amid U.S. stimulus worries
Wed, 07 Aug 2013 10:06:04 GMT
 
European share markets declined, sending both U.S. and Asian shares lower, as the Federal Reserve lawmakers announced that the bond purchase tapering is likely to start later this year. The >>
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