Market News






Market News

Hang Seng prolonged rally on Tuesday
Tue, 31 Jul 2012 14:16:50 GMT
 
Hang Seng Index rose for the third consecutive day on Tuesday on global easing expectations. Hang Seng Index rose 1.08% to 19,796.81. Financial stocks posted the strongest gains after S&P >>
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Sugar soared amid dry weather in India
Tue, 31 Jul 2012 13:39:51 GMT
 
Agricultural commodities surged on Monday amid global easing expectations and persistent drought in the US, Russia and Kazakhstan. At the same time, broadly stronger US Dollar weighted down on rural >>
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Japanese stocks advanced despite dismal household spending data
Tue, 31 Jul 2012 13:28:51 GMT
 
Japan's equities continued to advance on Tuesday as speculation that the ECB and Fed will ease their monetary policies lifted stock prices. However, dismal news from the Eurozone and disappointing >>
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Brent oil declined on demand concerns
Tue, 31 Jul 2012 13:17:51 GMT
 
Energy commodities, excluding natural gas, posted slight losses on Monday amid appreciating US Dollar and negative headlines from the single currency union. Meanwhile, signs of lower OPEC production limited losses >>
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Dow Jones slid after Spain's GDP data
Tue, 31 Jul 2012 13:06:51 GMT
 
Dow Jones Industry Average inched down 0.02% on Monday ahead of two-day FOMC meeting due to start on Tuesday. Negative headlines from Eurozone weighted down on the stock index. On >>
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Copper retreated on negative Eurozone's data
Tue, 31 Jul 2012 12:55:51 GMT
 
Industry metals, except for copper, advanced on Monday as potential monetary easing worldwide is likely to boost demand prospects for base metals. At the same time, negative news flow from >>
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S&P 500 dropped on weak manufacturing data from US
Tue, 31 Jul 2012 12:44:50 GMT
 
US stocks started Monday on a positive note amid hopes for easing measures from the Fed and ECB. However, equities drifted lower after release of weak regional manufacturing report. S&P >>
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Spain regional redemptions hurt existing bondholders
Tue, 31 Jul 2012 11:10:51 GMT
 
Spain's government has doubled loans for 17 semi-autonomous regions to 41 billion Euros, as local authorities failed accessing capital markets to get debt redemptions, defray suppliers and fund the deficits. >>
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German jobless rate climbs for a fourth month
Tue, 31 Jul 2012 10:29:51 GMT
 
The number of jobless people increased by a seasonally-adjusted 7,000 to 2.89 million, the adjusted unemployment rate held at 6.8%, the Federal Labor Agency announced on Tuesday. In July, German >>
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Italian unemployment rate hits 13-year high
Tue, 31 Jul 2012 10:18:51 GMT
 
Italy's jobless rate climbed to a seasonally-adjusted 10.8%, record high since the Q3 of 1999, Istat reported on Tuesday. Italy's economy slipped for a third quarter amid intensifying Europe' debt >>
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New Zealand business confidence rises
Tue, 31 Jul 2012 10:07:50 GMT
 
On Tuesday, The National Bank of New Zealand reported a net 15.1% of business outlook survey respondents expect economic situation to develop during next 12 month, compared with 12.6% in >>
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S&P 500 slides after a two-day rally
Tue, 31 Jul 2012 08:57:49 GMT
 
Three stocks dropped for every two that gained on the U.S. exchanges amid doubts that the two-day rally of S&P 500 had outperformed economic reality. The Standard & Poor's 500 >>
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German retail sales show the longest decline since 2007
Tue, 31 Jul 2012 08:46:49 GMT
 
German retail sales dropped third month in a row in June on concerns about the results of the Eurozone crisis. On Tuesday, the Federal Statistics Office reported that sales, adjusted >>
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The Loonie moves closer to parity with the U.S. Dollar
Tue, 31 Jul 2012 08:35:50 GMT
 
Canada's Dollar hit the highest in almost 11 weeks against the U.S Dollar on beliefs that Federal Reserve will act further to boost U.S. economy and ECB will undertake extra >>
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Grain cargoes expected to drop most in 19 years
Tue, 31 Jul 2012 08:24:50 GMT
 
Global grain trade is expected to fall 4.9% in the 2012-13 marketing year, the U.S. Department of Agriculture reports. Arid weather from Europe to Australia and the worst drought in >>
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