Market News
Japan's leading index gains for the second successive month in January
Tue, 19 Mar 2013 12:17:07 GMT
The Japanese economy's leading index rose for the second consecutive month in January, however, at the slower pace than preliminary estimated, a data released by the Cabinet Office showed on >>
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New Zealand's Dollar is overvalue, as Finance Minister says
Tue, 19 Mar 2013 12:06:10 GMT
The New Zealand Dollar, also known as kiwi, dropped from 82.65 to 82.42 U.S. cents in the end of Wellington trading session on Tuesday after Finance Minister Bill English comments on a >>
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EU new car registrations continue its downward trend in February
Tue, 19 Mar 2013 11:55:06 GMT
European Union's new car registrations continued to slow down in the month of February with the total car registrations dropping 10.5% on an annual basis to 795,482 units following an >>
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RBI slashes interest rates by 25 basis points on Tuesday
Tue, 19 Mar 2013 11:44:13 GMT
The Reserve Bank of India cut its interest rates matching economists' expectations by 25 basis points for the second time in 2013 on Tuesday, when the repo rate was cut >>
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China's direct foreign investment rise for the first time in 9 months in February
Tue, 19 Mar 2013 11:33:07 GMT
Foreign direct investments of China increased for the first time in a nine-month period in February suggesting that the world's second largest economy will keep rebounding, the Ministry of Commerce >>
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Asian and Pacific shares stay steady on Tuesday
Tue, 19 Mar 2013 11:22:07 GMT
Asian and Pacific shares held steady on Tuesday as investors were waiting for a result of parliament voting in Cyprus on the country's bailout plan to avoid bankruptcy and as >>
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European stocks tumbled amid Cyprus levy vote
Tue, 19 Mar 2013 11:11:13 GMT
European shares declined before the Eurozone finance ministers' decision to raise 5.8 billion Euros by putting tax on Cyprus bank deposits in order to win a bailout of the country. >>
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WTI traded near its one-month high on Tuesday
Tue, 19 Mar 2013 11:00:07 GMT
West Texas Intermediate oil was traded close to its highest level in a one-month period as a tension over the Eurozone finance ministers' decision to tax bank savings in Cyprus >>
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U.S. 10-year yields remain below 2% for third successive session
Tue, 19 Mar 2013 10:49:11 GMT
U.S. Treasuries stayed below a level of 2 percentage points for a third straight session on Tuesday before the Federal Reserve two-day meeting starting today will answer the question whether >>
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Coffee slides on prospects of strong harvest
Tue, 19 Mar 2013 10:17:12 GMT
Farm commodities apart from corn retreated on Monday on weak demand for risky assets after Cyrus decided to tax bank deposits. Moreover, expectations of an increase in output in Russia >>
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Heating oil falls despite colder weather forecasts in the US
Tue, 19 Mar 2013 09:45:08 GMT
Energy futures were mixed on Monday amid concerns over stability in the Eurozone as Cyprus is set to impose taxes on deposits. At the same time, speculation that Saudi Arabia >>
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Zinc plunges despite possible deficit this year
Tue, 19 Mar 2013 08:58:14 GMT
Industrial metals slumped on Monday as market players shunned risky assets after Cyprus said it plans to levy taxes on bank deposits to meet bailout requirements. The move raised worries >>
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Palladium sagged 1.61% ahead of Fed policy meeting
Tue, 19 Mar 2013 08:11:06 GMT
Precious metals were mixed on Monday amid broadly weaker US Dollar and safe-haven demand after Cyprus said it would levy bank deposit taxes. Meanwhile, market players remained cautious ahead of >>
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Dow drops from its record high as credit risk gauge rallies
Tue, 19 Mar 2013 07:49:11 GMT
Most U.S. blue chips declined on Monday, as a gauge tracking U.S. corporate credit risk climbed the most in almost a month as decision to impose tax levy on Cypriot >>
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Yen depreciates on stocks rally
Tue, 19 Mar 2013 07:38:08 GMT
The Japanese Yen dropped by 0.4% to 95.60 per the U.S. Dollar and slipped by 0.4% to 123.85 per Euro by the midday Tokyo trading session on Tuesday. The Japanese >>
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