Market News




Market News

U.K. retail sales jump on best Christmas season since 1996
Fri, 17 Jan 2014 12:08:04 GMT
 
Retail sales in the United Kingdom unexpectedly climbed almost nine times higher than economists expected, surging 2.6% in December of 2013 on a monthly basis versus a 0.3% forecast. Statisticians >>
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Intel Q1 earnings may disappoint amid dropping PC sales
Fri, 17 Jan 2014 11:57:04 GMT
 
Intel Corp. expects its January-March quarter revenue to differ in a negative way in comparison with some analysts' more positive predictions, as PC sales in Asia plummet. Intel as microchips' >>
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UBS to increase bonuses for Asian bankers
Fri, 17 Jan 2014 11:46:06 GMT
 
UBS AG, the largest bank in Switzerland, announced a 10% increase in bonuses for its bankers in Asian branch, as year 2013 revenues surged on high-yield bonds' and stocks' sales. >>
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Germany's equities rise with DAX gaining 2.8% this week
Fri, 17 Jan 2014 11:35:07 GMT
 
German shares increased on Friday session with the local benchmark index DAX heading towards the largest weekly increase in four weeks before a government report showed that housing starts in >>
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Swiss producer and import prices fall as expected in December
Fri, 17 Jan 2014 11:24:03 GMT
 
Import and producer prices in Switzerland decreased in line with economists' projections in December, the latest report revealed by the Federal Statistical Office revealed on Friday. According to the report, >>
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British Treasury wants higher minimum wage rise
Fri, 17 Jan 2014 11:13:08 GMT
 
The Treasury of the United Kingdom would like to see a minimum wage increase, which would be higher than inflation level in the country, as the current opposite situation decreases >>
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Pound falls before retail sales report
Fri, 17 Jan 2014 11:02:09 GMT
 
The British Pound weakened on Friday trading session falling for the third straight day against the U.S. Dollar before a government report showed that retail sales in the United Kingdom >>
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Gold drops on speculation that Fed may scales back
Fri, 17 Jan 2014 10:51:06 GMT
 
Gold slightly declined on Friday session and was set to end its series of weekly gains amid speculation that the Federal Reserve may continue to taper off as economic data >>
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Chinese economy to grow at slowest pace in 24 years
Fri, 17 Jan 2014 10:40:12 GMT
 
The economic growth in China in 2014 will probably be even slower than in the previous year, as foreign investment in country's manufacturing sector declines. Moreover, the overcapacity in this >>
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Portugal rating removed from "creditwatch" status
Fri, 17 Jan 2014 10:29:05 GMT
 
The Standard & Poor's rating agency decided to remove the Portuguese sovereign credit rating from the status of being revised in the nearest future, meaning that the risk of rating's >>
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German bunds rise as rating agency affirms Netherland's top grade
Fri, 17 Jan 2014 10:18:08 GMT
 
Germany's government bunds advanced on Friday session heading for the third weekly increase after the rating agency Standard & Poor's removed debt rating of Portugal from creditwatch affirming the BB >>
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Emerging-market stocks increase as Neway leads the way
Fri, 17 Jan 2014 10:07:04 GMT
 
Emerging-market shares rose on Friday with the benchmark region's index heading for a weekly gain mainly due to an increase of technology companies as Neway Valve added 43% on its >>
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Brent slides as OPEC production drops in December
Fri, 17 Jan 2014 09:56:04 GMT
 
The European benchmark crude Brent slipped on Friday trading session after a report released by the Organization of Petroleum Exporting Countries showed that the area's production declined by 20,000 barrels >>
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Greenback stays buoyant before Richmond Fed's President speaks today
Fri, 17 Jan 2014 09:45:44 GMT
 
The U.S. Dollar increased on Friday rising against the 18-nation bloc currency and was set to record the largest weekly gain versus its major peers in a two-month period before >>
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European stocks advance before U.S. economic reports
Fri, 17 Jan 2014 09:38:02 GMT
 
The majority of European shares increased on Friday with the local benchmark index heading towards its second weekly gain before a reports from the U.S. showed that the world's largest >>
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