Market News

German equities advanced on Wednesday on encouraging headlines from the US jobs market. Boosting German equities further, eurozone's retail sales grew 0.1% in August, confronting expectations of a 0.1% decline. >>

Hong Kong shares inched up despite negative data from national economy. China's services PMI tumbled to the lowest level in two years. Moreover, Asian Development Bank downgraded China's GDP growth >>

Japanese equities declined on Wednesday as concerns whether Spain will request the bailout started to dent market sentiment. Meanwhile, market players awaited key meetings of the ECB and BoJ. The >>

The Institute for Supply Management's index of U.S. non-manufacturing sector increased to the highest level in six months. The figures rose to 55.1 in September from 53.7 in the prior >>

The Dow Jones Industrial Average Index slid 0.24% to close at 13,482.36. Rising concerns over Spain's bailout weighted down on the US blue chips. However, recent positive data from the >>

US stocks inched up on Tuesday on persistent support from upbeat manufacturing data. Stronger-than-expected vehicle sales also lifted US stocks. However, the market sentiment was weakened by disappointing news from >>

On Wednesday, the British Pound was traded close to a 3-week low versus the U.S. Dollar, after the U.K. data showed that its services PMI fell last month. GBP/USD reached the lowest since >>

On Wednesday, futures for natural gas experienced a fall for the first time during the last 7 days after hitting a ten-month high on cold weather forecasts. On the NYMEX, November delivery futures >>

On Wednesday, the U.S. Dollar was traded higher versus the Japanese Yen, amid uncertainty over Spanish bailout and disappointing Chinese data, which boosted the safe haven demand. USD/JPY hit 78.30, which was the >>

Markit, a market research group, reported on Wednesday that German service activity decreased at the most rapid rate since March 2009 on a quick drop in employment. German services PMI was revised >>

French service sector tumbled at a faster-than-expected pace in September, Markit Economics revealed final data on Wednesday. The seasonallized composite output index slipped to a 42-month low of 43.2, compared >>

On Wednesday, the New Zealand Dollar was significantly lower versus the U.S. counterpart, amid concerns over Spanish bailout and Chinese economic growth. NZD/USD hit the lowest since Sept. 26, which was 0.8206, and >>

On Wednesday, copper was traded lower, following a 4-day rally, amid uncertainty over Spanish bailout plan and holidays in China, which is a top copper consumer. On the London Metal Exchange, three-month copper >>

Markit Financial Information Services reported on Wednesday that Spanish service sector activity witnessed a steeper decline in September than it was expected. Services PMI declined to 40.2 on a seasonally adjusted basis, compared >>

On Wednesday, gold was traded near an 11-month high, amid uncertainty over Spanish bailout plan and upcoming U.S. unemployment report. Spot prices for gold were little changed, being traded at $1,772.69 per troy >>