Market News

Spot gold prices went up on Wednesday, July 11, after biggest decline since June. Gain of 0.4% brought price to USD 1574.50 an ounce after 1.4% decline on July 10. However August-delivery gold >>

Rural commodities apart from coffee declined on Monday on speculation that weather conditions in the US top-growing regions are likely to improve in the nearest future. Meanwhile, traders are cautious >>

Energy commodities lost supply risk premium on Tuesday and ended the day on the negative note. Stronger US Dollar and continuous turmoil in the single currency union also created notable >>

Dow Jones Industry Average followed bearish trend on Tuesday, falling by 0.65% to 12,653.1. Investors tended to switch to safe-haven assets despite anticipation of FOMC meeting. Falling commodity prices and >>

Industry metals declined in a choppy session ahead of the FOMC meeting due on Wednesday. Moreover, weak imports data from China and spiking borrowing costs in Spain and Italy weighted >>

Precious metals tumbled on Tuesday on weaker Euro as uncertainties in the Eurozone continued to mount. Moreover, Fed member denied rumours about extension of asset-purchasing programme thus sending the commodity >>

S&P 500 declined by 0.81% to 1,341.47 on Tuesday amid lower profits at technology firms and sharp fall in energy prices. Traders are cautious ahead of the upcoming corporate reports. >>

10-year government bonds added value after Germany sold them at an auction for EUR 4.15 billion, with an interest rate of 1.31%. After the sale the yield dropped another basis >>

Due to the slowdown in the international economic growth, European stocks are weakening. The Stoxx Europe 600 Index lost 0.3% and reached 254.89. However, futures on Standard & Poor 500 >>

The Prime Minister of Spain, Marianno Rajoy, announced new tax boost and government spending cuts of EUR 65 billion. Sales levy will be increased from 18% to 21%. To lower government spending unemployment >>

China's export is boosting and in comparison with previous year readings trade surplus increased by 42.9% to USD 31.7 billion in June 2012. However, export growth slowed down from 15.3% in April to >>

The oil prices started to recover from being low for a week. August-delivery oil increased by USD 0.84 to USD 84.75 a barrel on Mercantile Exchange in New York. Contract prices in total >>

The International Labour Organisation said the Eurozone may lose 4.5m more jobs in a period of next four years if not to abandon austerity. It also reported that all 17 >>

The Yen remains quite stable against its counterparts. It went up against the US Dollar on Wednesday morning, July 11, from USD 79.43 to USD 79.37. German court's decision about the >>

The United States reported about the progress in talks on creating perspective trade agreement with Pacific Rim countries including Peru, Chile, Malaysia, New Zealand, Vietnam, Singapore, Australia and Brunei. US >>