Market News




Market News

Euro stays firm as inflation eases
Mon, 17 Mar 2014 13:20:33 GMT
 
The European currency held firm on Monday trading session and traded near its long-term highs versus the U.S. Dollar after a government report showed that inflation in the 18-ation bloc >>
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Aussie gained as Westpac drops expectations on RBA rate cut
Mon, 17 Mar 2014 13:00:00 GMT
 
Australia's currency appreciated versus all of its major counterparts, as Westpac renounced its predictions for further RBA yield cuts in 2014. The Aussie strengthened as much as 0.4% to 90.62 >>
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Copper heads 2010 low as China extends Yuan trading band
Mon, 17 Mar 2014 11:18:06 GMT
 
Copper in London almost reached a 44-month low after China increased the trading limits of the Yuan against the greenback. The metal for July delivery traded at $6,466.75 a metric >>
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Yen depreciated as stocks of Russia dumped
Mon, 17 Mar 2014 11:17:56 GMT
 
The Japanese Yen dropped for the first time in six days versus the greenback as Russian stocks gained after Crimea's referendum to split from Ukraine and a rise in tensions >>
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Gold heads 6-month high as vote in Crimea boosts demand for it
Mon, 17 Mar 2014 11:16:39 GMT
 
Gold is heading to the highest price in more than a half year, completing the longest advance since August 2011, as a vote in the Black Sea peninsula to split >>
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WTI drops after referendum in Crimea
Mon, 17 Mar 2014 11:15:26 GMT
 
WTI contacted from the highest settlement in three days amid speculation that Crimea's referendum on leaving Ukraine would not lead to an interruption in oil supplies. West Texas Intermediate crude for April contract dropped as much as >>
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Royal Bank of Scotland rating downgraded on profit outlook
Fri, 14 Mar 2014 13:07:08 GMT
 
Credit rating agency Moody's Investors Service has downgraded Royal Bank of Scotland long-term rating to Baa1 on lower profit outlook. The RBS now has medium-grade rating with moderate credit risk. >>
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Czech industrial production growth advances at slower pace than expected
Fri, 14 Mar 2014 13:06:50 GMT
 
The Czech Statistical Office announced slower industrial production growth in January. The industrial production advanced 5.5%, while most of the analyst expected the production to grow 6.7%. In previous month >>
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Draghi comments ECB forward guidance might weigh on Euro
Fri, 14 Mar 2014 13:05:13 GMT
 
The European Central Bank President Mario Draghi announced that the forward guidance might weaken the Euro and lower inflation-adjusted interest rates in order to align growth in price level with >>
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Chile reduces interest rates for fourth time in six months
Fri, 14 Mar 2014 12:45:34 GMT
 
The central bank of Chile has cut the interest rates to 4%, which is the fourth time in half year time. The economy in Chile has advanced 1.4% in January, >>
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German annual inflation lower than in January
Fri, 14 Mar 2014 12:45:21 GMT
 
The German annual inflation slowed to 1.2% in February, thus decreasing by 0.1% from January, and still having lower rate than European Central Bank's 2% target rate for the euro >>
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Topix Index posts biggest weekly drop in almost a year
Fri, 14 Mar 2014 12:45:12 GMT
 
The Japanese shares tumbled, as the tension grows in the Crimea and demand for safe-heaven assets increased. The Topix Index retreated 3.2%, after all industry groups fell. Big drop was >>
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Yen advances as demand for safe-heaven assets increases
Fri, 14 Mar 2014 09:57:36 GMT
 
The Yen surged 0.2% against the greenback, thus heading for its five-day winning streak, as the tension between Russia and Ukraine increases demand for safe-heaven assets. The Japanese currency is >>
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WTI picked up from month-low
Fri, 14 Mar 2014 09:56:18 GMT
 
WTI picked up from its lowest price almost in a month amid speculation earlier dip was not justified. West Texas Intermediate crude for April delivery added 61 cents to $98.60 >>
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Pound strengthened most in month on rate outlook
Fri, 14 Mar 2014 09:54:58 GMT
 
The U.K. currency added the most in one month versus the greenback amid speculation that the Bank of England will hike the rate. The Sterling strengthened 0.4% to $1.6681 as >>
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