Market News

U.S. stocks rocketed on Friday, as weaker-than-expected growth in American payrolls spurred bets the Fed will undertake more monetary stimulus. The Dow Jones Industrial Average added 0.3% to 13,312 points; the Standard & >>

Gold futures turned lower on Friday, September 7, retreating from the highest level in nearly six months reached the prior day. Bullion with December contract erased 0.5 per cent, to $1,697.10 per ounce. >>

U.S. unemployment rate fell to 8.1 per cent in August, down from 8.3 per cent in the preceding month, the Labor Department figures showed today. In the meanwhile, U.S. employers added only >>

The German Economy Ministry reported today that the industrial output grew by 1.3% in July, compared to a preceding month's 0.4% decline. The figure for June is revised up from an initially reported >>

Statistics Canada reported on Friday that labor productivity in Canadian businesses fell by 0.4% in the second quarter, compared to no change during the three previous months. The real GDP of businesses increased >>

On Friday, Statistics Canada reported that the amount of building permits in August grew to -2.3% on a seasonally adjusted basis from the figure of -2.5% in July. The growth is more modest >>

German shares extended pervious gains on Friday ahead of the key economic data releases from the US. Rally of Asian equities and recent ECB decision also boosted German stocks. Adding >>

UK stocks pared gains on Friday ahead of the US payrolls data. UK shares continued to draw strength from the recent ECB decision regarding unlimited short-term debt purchasing program. Adding >>

Hong Kong stocks soared on Friday after the government unveiled its plan to build more roads. The announcement raised speculation that the government will embark on stimulus measures. The results >>

U.K. industrial production tumbled 0.8% on year in July, after a 3.8% decline in June, National Statistics reported on Friday. Economists estimated a 2.8% decrease. It added 2.9% on month >>

Japanese equity market faced a boost after the ECB announced a bond-purchasing plan to ease debt pressure in the region. Positive data from the US services industry and labour market >>

Austria's trade deficit widened to EUR 641.79 million on year in June from EUR 596.3 million in 2011, Statistics Austria showed on Friday. Exports rose 2.9% on year, while imports >>

The Dow Jones index surged on Thursday after long-awaited results of the ECB press conference. The ECB stated that it would buy short-term debt to cut borrowing costs of the >>

German enterprise insolvencies tumbled 6.1% on year to 2,367 in June, Destatis said on Friday. In total 12,634 insolvencies were recorded in June, falling 1.6% from the preceding month. During >>

US stocks skyrocketed on Thursday after the ECB unveiled its new short-term debt purchasing program to ease crisis pressure in the Euro area. Positive data from the US labour market >>