Market News






Market News

Switzerland Q3 SECO Consumer Climate drops
Wed, 08 Aug 2012 08:06:12 GMT
 
SECO Consumer Climate declined to -17points in third quarter, after a -8 point reading in the previous quarter, as reported by the State Secretariat for Economic Affairs on Wednesday. The >>
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Japan bank lending up for 10 month
Wed, 08 Aug 2012 07:55:12 GMT
 
Japan's outstanding bank loans increased 1.0% on year to Y396.4 trillion in July, reflecting the 10th consecutive year-on-year gain amid constant gradual improvement in corporate funding demand, reported by the >>
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Gold drops on strengthening Dollar
Wed, 08 Aug 2012 07:35:12 GMT
 
Gold declined after a three-day rally as its rise to a week high boosted sales and as the U.S. Dollar's strength weakened demand for the metal as an alternative investment. >>
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Japan current account expands to Y433.3B in June
Wed, 08 Aug 2012 06:46:12 GMT
 
Japan posted Y433.3 billion current account surplus in June, down 19.6% on year and declining for the 16th straight month, the Ministry of Finance reported on Wednesday. The trade balance >>
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The number of financial advisers in the U.S. fell for a third year in a row
Tue, 07 Aug 2012 18:44:11 GMT
 
The number of financial advisers in the world's biggest economy fell for a third year in a row, with expectations of a further decline.  Unstable stock markets and low yields, cutting the earnings, >>
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Loonie reaches three-month high, closer to parity
Tue, 07 Aug 2012 18:33:10 GMT
 
Canadian dollar rocketed to a three-month high versus the U.S. counterpart, as crude oil, Canada's biggest export, advanced.  The loonie appreciated 0.4 per cent to $99.67, moving closer to parity. Meanwhile, the Canadian >>
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European stocks advanced on Tuesday
Tue, 07 Aug 2012 18:00:10 GMT
 
On Tuesday, August 7, European stocks advanced, supported by crude oil, and despite negative economic news. The Stoxx Europe 600 Index jumped 0.4 per cent to 267.87, boosted mostly by Standard Chartered, accused >>
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Wall Street turned green on Tuesday
Tue, 07 Aug 2012 17:38:11 GMT
 
U.S. stocks turned green on Tuesday, with S&P reaching 1,400, on hopes that central banks are ready for bold actions to bolster economic growth. The Dow Jones Industrial Average added 0.57 per cent >>
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European consumers spent less in the second quarter
Tue, 07 Aug 2012 16:32:10 GMT
 
As European governments are implementing austerity measures in order to curb the debt crisis, consumers are reining in spending as well. Consumers in France spent 0.2 per cent less during the second quarter. >>
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Greenback edged higher on Monday
Tue, 07 Aug 2012 16:21:10 GMT
 
The U.S. dollar edged higher against the basket of major trading-partner currencies, amid heightened concerns about the Eurozone debt crisis. The greenback was higher versus the shared currency, with EUR/USD erasing 0.17% to 1.2367. >>
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U.S. stocks jumped on data
Tue, 07 Aug 2012 16:10:10 GMT
 
U.S. stocks advanced on Friday after four day of losses as the optimism on the Eurozone's debt crisis resolution grew and U.S. non-manufacturing activity jumped in July. The Dow Jones Index soared >>
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U.K. markets rallied on Friday
Tue, 07 Aug 2012 15:56:12 GMT
 
U.K. stocks turned green Friday as shares of banking and mining sectors jumped, and after the U.S. jobs data beat expectations. The U.K.'s FTSE 100 Index soared 2.2 per cent to 5,787.28. Banking >>
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Canadian markets rocketed on U.S. jobs data
Tue, 07 Aug 2012 15:45:10 GMT
 
Canadian markets rocketed on Friday on better-than-expected U.S. employment. The S&P/TSX composite index jumped 1.44 per cent, to 11,672, at the same time, metals and mining stocks rose by 2.2 per cent, and >>
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German shares rise despite weak factory orders data
Tue, 07 Aug 2012 14:23:12 GMT
 
German equities advanced on Tuesday despite disappointing factory orders data. German factory orders plunged 1.7% in June, confronting expectations of a 0.8% decrease. Adding pressure on European stocks, Italy reported >>
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UK stocks slide; Standard Chartered weights
Tue, 07 Aug 2012 14:12:10 GMT
 
UK stocks were flat on Tuesday as a sharp fall of Standard Chattered was offset by stronger than expected earnings of other companies. Moreover, an increase in the UK retail >>
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