Market News




Market News

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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Asian shares outside Japan fall amid tapering worries
Tue, 06 Aug 2013 10:57:10 GMT
 
Asian shares outside Japan declined as better-than-forecast expansion in U.S. service sectors boosted speculation the Federal Reserve may soon begin to scale back bond purchases. The MSCI Asia Pacific excluding >>
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Sterling jumps following production report as inflation data eyed
Tue, 06 Aug 2013 10:46:10 GMT
 
The Sterling advanced versus the greenback for the third day, as Britain released better-than-expected manufacturing and production report in June. The Britain's currency added 0.11% to $1.5373 versus the U.S. >>
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U.K. shares retreat for third straight day
Tue, 06 Aug 2013 10:33:10 GMT
 
U.K. shares fell for a third day in a row, making it the longest streak of losses in 14 days, as London-listed mining companies retreated. The FTSE 100 Index slipped >>
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WTI crude moderately lower before U.S. inventories report
Tue, 06 Aug 2013 10:11:10 GMT
 
WTI crude dropped moderately, prolonging the previous two sessions of losses ahead of important U.S. stockpiles report release. The September WTI contract was almost steady, falling 0.20% to $106.35 per >>
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Australian Dollar bounces off after central bank's cuts
Tue, 06 Aug 2013 10:01:08 GMT
 
The Australian Dollar advanced versus all its most-traded peers as the nation's central bank cut the benchmark interest rate to 2.5%. The Aussie gained 0.6% to 89.79 U.S. cents at >>
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Sterling little changed against greenback
Tue, 06 Aug 2013 09:50:11 GMT
 
The U.K. currency was little changed versus the U.S. Dollar and Euro ahead of U.K. industrial production data that grew in June, according to economists. The Sterling was little changed >>
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U.S. shares drop from record on Fisher comments, report
Tue, 06 Aug 2013 09:39:14 GMT
 
U.S. shares dropped from all-time highs after investors weighed the report indicating better-than-expected growth in service sectors and a Federal Reserve lawmaker's comment that the central bank is closer to scaling back its >>
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Euro gains ahead of German factory orders
Tue, 06 Aug 2013 09:29:08 GMT
 
The 17-nation currency almost reached its highest level in seven weeks versus the greenback ahead of data that are expected to show that German factory orders bounced off in June. >>
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Copper declines as Chinese services sector stays unchanged
Mon, 05 Aug 2013 15:00:07 GMT
 
Price of copper dropped after a release of a report showing that non-manufacturing PMI remained the same in July, signaling stagnancy in the biggest metal-consumer nation in the world. The >>
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Spanish bond yield at six-weak on good Eurozone services data
Mon, 05 Aug 2013 14:22:07 GMT
 
Spanish ten-year bond yields declined to the lowest level in six weeks as a 17-nation currency bloc report showed a drop in services output was smaller than expected in June, >>
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Gold drops on signals of waning demand
Mon, 05 Aug 2013 14:01:07 GMT
 
Gold declined for a fifth consecutive session in New York as demand for gold as a safe-haven waned on speculation the Federal Reserve will prolong monetary stimulus. Gold for December >>
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