Market News

FTSE 100 Index extended previous losses on Thursday on pessimistic data from the UK. UK trade gap widened to GBP28.3 billion as exports tumbled by 4.9% in Q2. Sending UK >>

Chinese stocks rallied for fifth day in a line on Thursday on expectations that the POBC will ease its prudent monetary policy in view of deteriorating economic state. On Thursday, >>

Agricultural commodities were mixed on Wednesday amid broadly stronger US Dollar and better weather conditions in Brazil and India. Meanwhile, continuous drought in Russia sent grain futures higher. Wheat rebounded after >>

Japanese equities surged on hopes for easing in China. China's inflation dropped to 30-month low in July, thus creating a room for further monetary policy loosening. However, disappointing Japan's core >>

Energy commodities were mixed on Wednesday, with heating and Brent oil moving higher and natural gas and crude oil retreating.  A larger than expected decline in the US crude oil >>

Dow Jones Industrial Average was steady on Wednesday despite negative news from the Eurozone. Hopes that the ECB, POBC and Fed will implement growth-boosting measures lifted US blue chips index. >>

Base metals apart from aluminum posted mild losses on Wednesday after Germany's export data weighted on market sentiment. In June, Germany's exports declined by 1.5% while industrial production of the >>

S&P 500 was flat on Wednesday amid building expectations for easing measures from the ECB and Fed. However, profit warnings from several large companies coupled with negative news from the >>

Precious metals were weak on Wednesday as soft physical demand from India weighted down on the commodity group. However, speculation that the ECB and Fed will loosen their monetary policies >>

The international food price index, that estimates the monthly change in the global prices of major food commodities, surged 6%, rebounding from preceding three months decline, Food and Agriculture Organization >>

The Sterling posted mixed trading versus its major peers as U.K.'s trade deficit expanded to GBP4.3 billion, exceeding economists' expectations of GBP3.1 billion deficit. The Pound traded at 0.7883 versus >>

China's industrial-output rise unexpectedly eased to the lowest in three years in July while retail sales and investment missed estimates, boosting weight on Premier Wen Jiabao to act to support >>

China's car sales added 11% in July despite downtrend elsewhere in the economy. Passenger vehicle sales increased to 1.12 million in July, as reported by China Association of Automobile Manufacturers >>

The U.K.'s trade balance decreased to a seasonally-adjusted -10.1 billion in July, from -8.4 billion in the previous month, as reported by the National Statistics on Thursday. Analysts had awaited >>

Italy's excess of exports over imports advanced to a seasonally-adjusted 2.52 billion in July, from 1.01 billion in the previous month, according to Istat's industry report published on Thursday. Analysts >>