Market News
U.S. factory orders rose 2.8% in July
Fri, 31 Aug 2012 16:11:15 GMT
Orders to U.S. companies
rose in July, reflecting strong demand for autos and commercial aircraft. The
Commerce Department says factory orders jumped 2.8 per cent in the previous
month, after erasing 0.5 per >>
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Oil futures rose as greenback depreciates
Fri, 31 Aug 2012 16:00:16 GMT
Crude
oil futures rose on Friday after two consecutive sessions of loses, as the
U.S. Dollar depreciated, and traders were waiting for a speech by Ben Bernanke. October
crude edged 1.7 per cent >>
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Canadian economy grew 0.2% in June
Fri, 31 Aug 2012 15:49:16 GMT
Canadian economy grew more than
expected in July, Statistics Canada reported on Friday. Nation's GDP rose by
0.5 per cent in the second quarter, while on the monthly basis Canada's economy
expanded by >>
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Eurozone's unemployment rate remains at a record high in July
Fri, 31 Aug 2012 15:38:27 GMT
The unemployment rate in the Eurozone
stays at a record high of 11.3 per cent in July (from a revised figure for June), Eurostat's data showed on
Friday, August 31. Despite the >>
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Gold jumped ahead of Bernanke's speech
Fri, 31 Aug 2012 15:27:50 GMT
Gold futures advanced on Friday,
ahead of a highly anticipated Ben Bernanke's speech, that can signal new policy
moves from the Fed. Gold with December contract rose by 0.4 per cent, to >>
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Japan housing starts decline in July
Fri, 31 Aug 2012 09:53:15 GMT
Japan's housing starts slipped for the second straight month in July, the Ministry of Land, Infrastructure, Transport and Tourism said on Friday. Housing starts tumbled 9.6% on year, from a >>
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Rand falls as global growth concern dims export outlook
Fri, 31 Aug 2012 09:15:15 GMT
The South Africa's Rand fell to the lowest level since the start of August as data from Japan, South Korea and Germany escalated concerns the global economy is weakening, dimming >>
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Asian stocks fall as reports escalate global growth concern
Fri, 31 Aug 2012 09:04:14 GMT
Asian stocks dropped, as investors await the Fed Chairman Ben Bernanke's speech and as data indicated lower industrial production in Japan and South Korea amid global slowdown. The MSCI Asia >>
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Japan consumer prices fall in July
Fri, 31 Aug 2012 08:53:16 GMT
Japan's consumer prices fell in July and industrial output unexpectedly declined, adding to concerns that the world's third-biggest economy has slid back into contraction. CPI tumbled 0.3% in July from >>
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South Korea's industrial output falls on global slowdown
Fri, 31 Aug 2012 08:42:19 GMT
South Korea's industrial output slid for a second consecutive month in July as global downturn impairs growth is Asia's fourth-biggest economy. Production declined 1.6% from June, when it fell 0.6%, >>
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Japan's industrial production unexpectedly falls
Fri, 31 Aug 2012 08:32:14 GMT
Japan's industrial output unexpectedly declined in July, escalating concerns that weak global demand is impairing the country's economic recovery. Production fell 1.2% in July from the previous month, when it >>
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Yen advances on spurring demand for safe haven assets
Fri, 31 Aug 2012 08:21:15 GMT
The Japanese Yen headed for weekly advance against most of its major counterparts after Spanish Prime Minister Marion Rajoy will delay deciding whether to seek a bailout for his country, >>
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German retail sales drop in July
Fri, 31 Aug 2012 08:10:14 GMT
Germany's retail sales tumbled on month in July, opposing economists' expectations of a growth, the Federal Statistical office reported on Friday. Retail sales slid 0.9% on month, compared to a >>
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U.K. consumer sentiment stays low
Fri, 31 Aug 2012 07:59:14 GMT
U.K. consumer confidence held at a weak level this month, as a moderate uplift amid Olympics was set off by the weak economic outlook, market research agency Gfk NOP said >>
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U.K. property prices slid at slower pace
Fri, 31 Aug 2012 07:48:17 GMT
U.K. real estate prices fell at a weaker pace this month, Nationwide Building Society reported on Friday. House prices slipped 0.7% on year, after a 2.6% decrease in July. Analysts >>
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