Market News




Market News

Japanese Yen strengthens on Fed's stimulus concern
Mon, 05 Aug 2013 11:21:05 GMT
 
Japan's currency traded 0.56% higher to 98.35 against the greenback as of  9:14 a.m. GMT as investors digest the U.S non-farm payroll data released on Friday. The report showed employers >>
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Europe shares advance for a sixth straight day
Mon, 05 Aug 2013 11:10:05 GMT
 
European shares rose for a sixth straight day, the longest streak of gains yearly, as services output decreased at a slower pace than expected. The Stoxx Europe 600 Index climbed >>
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Sterling fueled by positive PMI services
Mon, 05 Aug 2013 10:37:09 GMT
 
Pound jumped versus the greenback as strong construction and manufacturing report from Britain was posted. The Sterling gained 0.45% to $1.5354 versus the U.S. currency and added 0.34% to 0.8655 >>
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Gold rises for second day in a row
Mon, 05 Aug 2013 10:26:07 GMT
 
Gold climbed for a second day in a row as U.S. jobless data supported the Fed to continue with its monetary stimulus and on signs of risen demand after metal's >>
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Euro rises following German services PMI
Mon, 05 Aug 2013 09:58:15 GMT
 
The common currency rose slightly versus its U.S. counterpart, as services Purchasing Managers Index in the Euro block's largest economy advanced less than forecast in July. The Euro climbed 0.08% >>
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Gilts slip amid growth optimism; Pound rises
Mon, 05 Aug 2013 09:47:07 GMT
 
The Sterling rose moderately versus the greenback and the Euro, ahead of data that analysts said will indicate U.K. services grew for the seventh month in a row. The Britain's >>
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Aussie falls to 3-year low as retail levels out ahead of RBA
Mon, 05 Aug 2013 09:36:07 GMT
 
The Australian Dollar dropped to the weakest level since August 2010 after disappointing retail sales data pushed the currency down, ahead of the Reserve Bank Of Australia lawmakers meet on >>
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Japan shares fall amid higher Yen, China stocks jump amid services report
Mon, 05 Aug 2013 09:25:09 GMT
 
Asian shares mostly declined on Monday, failing to prolong their two-day jump from the last week despite the positive improvement on Wall Street. Only China's stocks advanced after the nation >>
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New Zealand Dollar slides to lowest in a month
Mon, 05 Aug 2013 09:15:05 GMT
 
The Kiwi fell to the lowest level in approximately a month versus its U.S. peer after China banned dairy product import from Fonterra Cooperative Group. New Zealand's Dollar depreciated 0.6% >>
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Greenback falls versus Yen
Mon, 05 Aug 2013 07:48:07 GMT
 
The U.S. currency retreated for a second straight day versus the Japanese Yen as investors speculated when the Fed will start to taper its bond-buying programme. The U.S. Dollar slipped >>
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U.S. stocks continue falling
Fri, 02 Aug 2013 17:16:12 GMT
 
U.S. stocks continued to drop from the record-highs reached on Thursday as disappointing U.S. manufacturing and non-farm payrolls data boosted bearish mood among investors. The Standard & Poor's 500 gauge >>
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Loonie depreciates on bets Fed won't stop tapering
Fri, 02 Aug 2013 17:05:10 GMT
 
The Canada's Dollar declined versus the majority of its main trading peers on speculation that below-expectations U.S. jobs data will not change the Federal Reserve plans to scale back monetary >>
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Forint gains after eight-day fall on disappointing U.S. data
Fri, 02 Aug 2013 16:54:09 GMT
 
Hungarian Forint advanced after weaker-than-expected U.S. payroll data boosted speculation the Federal Reserve may not hurry with reduction of bond purchases. The Hungary's currency added 0.6% to 298.97 per Euro >>
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U.K equities down after U.S. jobs report
Fri, 02 Aug 2013 14:46:05 GMT
 
U.K. stocks had first drop in five days after U.S. data showed that employers added fewer-than-expected jobs in the last month. The FTSE 100 lost 0.5% to 6,650.17 p.m. London time. The index >>
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Consumer spending in U.S. increased as expected
Fri, 02 Aug 2013 14:35:06 GMT
 
Consumer spending in the United States climbed in line with expectations in June as income level grew. Household spending, which accounts for more than two-thirds of the nations economy, increased >>
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