Market News




Market News

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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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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