Market News




Market News

Gold falls to lowest in three weeks
Wed, 07 Aug 2013 09:55:06 GMT
 
Gold declined to a three-week low, retreating for a third straight day, on bets that the Fed will start to taper its monetary stimulus this year as the U.S. economy >>
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Asian shares drop as Yen jumps for fourth day
Wed, 07 Aug 2013 08:40:17 GMT
 
Asian shares declined, with Japan's stocks leading drops across the Asia as the Japanese Yen advanced for the fourth day and metal prices retreated. Japanese Nikkei 225 Stock Average decreased >>
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Sterling little changed ahead of inflation data
Wed, 07 Aug 2013 08:29:07 GMT
 
The British currency was little changed versus the greenback and Euro ahead of the BoE's Governor Carney statement on the future of nation's interest rates. The Sterling was at $1.5339 >>
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Australian Dollar depreciates against most-traded peers
Wed, 07 Aug 2013 08:17:07 GMT
 
The Australian currency declined against its 16 major peers before the unemployment claims that will be released tomorrow and the report is expected to show a rise to four year >>
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Japanese Yen reaches highest level in six weeks
Wed, 07 Aug 2013 08:06:05 GMT
 
Japan's currency reached the highest level in six weeks as the nation's central bank started a policy meeting today and it is expected that the officials will not add to >>
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Italian and Spanish bonds climb after German data
Tue, 06 Aug 2013 15:56:06 GMT
 
Spanish and Italian government bonds advanced as factory orders increased in Germany, the Eurozone's biggest economy, boosting demand for higher-return assets. Italian ten-year bond yield dropped two basis points to >>
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U.S. equities drop after open on stimulus tapering concern
Tue, 06 Aug 2013 15:45:07 GMT
 
U.S. stocks declined after opening on Tuesday on worries about the Federal Reserve monetary stimulus tapering. Investors hope for signals in speech by FOMC later this day. Conern began when >>
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Gold still declining on possible U.S. stimulus tapering
Tue, 06 Aug 2013 14:58:06 GMT
 
Gold fell for a second consecutive day as Dallas Federal Reserve President Richard Fisher makes hawkish announcements, and as series of positive U.S. data concerns investors about stimulus tapering. The >>
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Trade deficit in U.S. at the lowest since October 2009
Tue, 06 Aug 2013 14:47:05 GMT
 
The U.S. trade gap narrowed more than expected in June. The deficit decreased 22.4% to $34.2 billion, which is the lowest level since the end of 2009. Exports climbed 2.2%, >>
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Dollar flat following trade balance, ahead of Evans' speech
Tue, 06 Aug 2013 13:48:05 GMT
 
The greenback rose moderately versus the common currency as investors reacted to better-than-forecast trade balance data ahead of the Fed's Charles Evans speech on further insight into U.S. stimulus. The >>
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WTI rises on positive EU data, U.S. inventories seen shrinking
Tue, 06 Aug 2013 13:37:08 GMT
 
WTI crude advanced after several European reports showed positive economic figures, signaling the euro area economy's recovery. Analysts expect the U.S. oil and fuel stockpiles have shrunk this week. WTI >>
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Euro appreciates against Dollar on Fed prospects
Tue, 06 Aug 2013 12:41:06 GMT
 
The 17-nation currency touched the strongest level in seven weeks versus the greenback as data indicated German factory orders recovered in June, overshooting economists expectations. The Euro added 0.1% to >>
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Euro,copper and stocks advance amid euro area recovery
Tue, 06 Aug 2013 12:30:06 GMT
 
The 17-nation currency appreciated as British industrial output and factory orders in Germany grew more than expected in June, and Italy's economy contracted less than predicted in the second quarter, >>
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Europe stocks mainly rise following earnings, optimistic report
Tue, 06 Aug 2013 12:19:05 GMT
 
European stocks mostly advanced, fueled by the latest better-than-forecast data from Germany, Italy and the U.K., and optimistic earnings reports. The European Euro Stoxx 50 index jumped 0.17% to 2,814.02 >>
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Gilt yields jump to one-month high as industrial production adds
Tue, 06 Aug 2013 11:08:08 GMT
 
U.K. 10-year note yields advanced to a one-month high  as a government data indicating industrial output rose in June curbed demand for safer assets on speculation the economy is recovering >>
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