Market News




Market News

Australian business activity expands for 3rd consecutive month
Wed, 08 Jan 2014 09:55:05 GMT
 
Construction sector activity in Australia accelerated for the third successive month in December with the construction index reaching a level of 50.8, however the figure fell sharply compared to the >>
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Gold falls before Fed's minutes today
Wed, 08 Jan 2014 09:44:26 GMT
 
Gold declined on Wednesday as the U.S. Dollar held firm before the U.S. Federal Reserve released minutes from the last policy meeting suggesting that the country's central may continue to >>
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ECB may take more action to reach 2% inflation target
Wed, 08 Jan 2014 09:34:05 GMT
 
The European Central Bank is under pressure to take further steps in its monetary policy in order to reach the inflation target set at 2% after a report showed that >>
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U.K. shop price index falls by most in 7 years
Wed, 08 Jan 2014 09:23:06 GMT
 
British shop prices recorded the sharpest fall in almost seven years in the month of December after retailers went with heavy discounts in order to attract Christmas shoppers, a report >>
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Loonie falls as country's deficit rises
Wed, 08 Jan 2014 09:12:05 GMT
 
The Canadian Dollar declined on Wednesday as investors put their bets on a drop of the currency after a report showed that purchasing managers' index in the country decreased notable >>
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Asian shares rise as U.S. trade deficit shrinks
Wed, 08 Jan 2014 09:01:04 GMT
 
Asian stocks increased earlier on Wednesday trading session after a government report showed that the trade deficit in the world's largest economy shrank to the lowest level in a four-year >>
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Wall Street ends higher as U.S. trade deficit shrinks
Wed, 08 Jan 2014 08:50:06 GMT
 
U.S. shares closed lower on Tuesday with the benchmark stock index Standard & Poor's snapping its three-day drop and recording the first daily gain since the beginning of 2014 after >>
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U.S. stocks halt three-day decline ahead of jobs data
Tue, 07 Jan 2014 16:45:03 GMT
 
U.S. shares advanced, halting a three-day decline, as this week's earnings and jobs data were awaited by investors. The Standard & Poor's 500 Index gained 0.2% to 1,830.98 as of >>
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Eurozone inflation unexpectedly declines in December
Tue, 07 Jan 2014 16:34:03 GMT
 
According to the Eurostat data, the consumer price index in the Eurozone declined surprisingly to 0.8% in December of 2013, while analysts forecasted no change from November's 0.9%. Therefore, the >>
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Canada trade gap widens; October data revised from surplus to deficit
Tue, 07 Jan 2014 16:23:04 GMT
 
The negative trade balance of Canada widened sharply in November of 2013, while the actual number was nine times higher than economists predicted, reaching as much as $940 million. Analysts >>
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Senate confirms Yellen as Fed chairwoman
Tue, 07 Jan 2014 16:12:04 GMT
 
The U.S. Senate finally approved the Janet Yellen's candidacy as the new Federal Reserve chairwoman, voting 56 to 26, while 11 Republicans supported Yellen as well. Therefore, Janet Yellen will >>
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European shares gain after German unemployment drops
Tue, 07 Jan 2014 16:01:04 GMT
 
European shares advanced, after Monday's drop in the benchmark Stoxx Europe 600 Index, as German unemployment declined the most in two years. The Stoxx 600 added 0.6% to 328.88 as >>
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German shares climb after unemployment falls
Tue, 07 Jan 2014 15:50:04 GMT
 
German shares gained after nation's unemployment data showed the biggest fall in two years, indicating on growing sentiment among Germany's companies. The DAX added 0.7% to 9,490.21 as of 1:47 >>
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German retail sales surge 1.5% in November
Tue, 07 Jan 2014 15:39:09 GMT
 
Retail sales in Germany jumped as much as 1.5% in November of the current year, while analysts expected a three times smaller increase of 0.5%-0.6%. Experts say that strong retail >>
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U.S. stock-index futures advance after S&P 500 retreats third day
Tue, 07 Jan 2014 15:23:03 GMT
 
U.S. stock-index futures gained, after the benchmark Standard & Poor's 500 Index slid for a third consecutive day, as this week's earning and jobs data were awaited by investors. S&P >>
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