Market News
UK shares erase losses ahead of FOMC statement
Wed, 24 Oct 2012 16:20:42 GMT
UK shares rebounded on Wednesday despite weak data from the eurozone. Eurozone's manufacturing PMI indicated further contraction in October. Meanwhile, investors remained cautious ahead of FOMC statement due later in >>
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Manufacturing PMI in U.S. increased in October
Wed, 24 Oct 2012 16:09:44 GMT
Markit, a market research group reported on Wednesday that U.S. manufacturing activity added less than expected this month. Manufacturing PMI grew to a reading of 51.3 in October, compared a >>
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Euro lower versus Dollar on weak data
Wed, 24 Oct 2012 15:58:42 GMT
On Wednesday, the Euro was traded lower versus the U.S. Dollar, following a set of disappointing data from Eurozone. EUR/USD hit a session low of 1.2921, and later consolidated at >>
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Treasuries fall on upcoming new home sales report
Wed, 24 Oct 2012 15:47:44 GMT
On Wednesday, treasuries were traded lower, as it was widely expected that an upcoming report on new home sales in the U.S. would show an increase, which undermined demand for >>
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Consumer prices in Australia grew more than expected
Wed, 24 Oct 2012 15:36:44 GMT
The Australian Bureau of Statistics reported on Wednesday that consumer price inflation increased more than expected in the quarter prior to October 2012. The cost of living in Australia added >>
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Crude higher but gains capped
Wed, 24 Oct 2012 15:20:44 GMT
On Monday, crude oil was traded higher, but gains seemed to be capped by a streak of disappointing data from Eurozone. On the NYMEX, December delivery futures for light sweet >>
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Copper trimmed gains on Eurozone PMI
Wed, 24 Oct 2012 15:09:42 GMT
On Wednesday, copper was traded slightly higher, trimming earlier gains, on disappointing data from Eurozone. On the NYMEX, December delivery futures were traded at $3.578 per pound, which was a >>
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U.K. industrial order expectations fell in October
Wed, 24 Oct 2012 14:58:43 GMT
The Confederation of British Industry reported on Wednesday that CBI index of industrial order expectations decreased unexpectedly this month, reaching an 11-month low. The index declined by 15.0 points, reaching >>
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Manufacturing PMI in Eurozone declined in October
Wed, 24 Oct 2012 14:47:42 GMT
Markit, a market research group, reported on Wednesday that Eurozone's manufacturing activity fell faster than expected this month, extending a 14-month long streak of losses. Markit manufacturing PMI declined to >>
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Manufacturing PMI in Germany falls unexpectedly
Wed, 24 Oct 2012 12:21:39 GMT
Markit, a market research group, reported on Wednesday that German manufacturing PMI declined unexpectedly in October. Manufacturing purchasing managers' index declined to a reading 45.7, compared to a figure >>
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Business confidence in Germany decreased unexpectedly in October
Wed, 24 Oct 2012 12:21:27 GMT
Ifo Institute for Economic research reported on Wednesday that German business confidence declined to the lowest in two-and-a-half years. The Ifo said that its index of business climate fell to >>
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Asian markets decline on global economic slowdown and commodities losses
Wed, 24 Oct 2012 11:53:42 GMT
The MSCI Asia Pacific Index slipped by 0.5% to 122.02 in the end of Asia trading session on the concerns that global economy slows down and new issues on Europe's >>
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European stock markets edge lower on German manufacturing data
Wed, 24 Oct 2012 11:39:41 GMT
The Stoxx Europe 50 index lost 0.05% to 2,476.67 points on early London trading session. European markets slip following yesterday's 1.7% decrease. European benchmark has almost erased its gains since >>
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Wall Street opened in red on Tuesday
Wed, 24 Oct 2012 09:30:43 GMT
US stocks plunged during Tuesday's risk-off trading after Moody's downgraded credit rating on five Spain's regions. The market sentiment was also dampened by weak corporate results of the S&P 500 >>
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Sugar fell as global supply glut is set to rise
Wed, 24 Oct 2012 09:19:44 GMT
Rural commodities retreated on Tuesday as gloomy global outlook weighted on demand for riskier assets. Adding to the negative mood of the commodities, US Dollar was sharply higher on Tuesday, >>
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