Market News
Japanese equities soared after Shinzo Abe comments
Thu, 15 Nov 2012 12:18:42 GMT
Japan's stocks jumped on Thursday after Shinzo Abe, who is likely to win December's election, urged further stimulus measures. He said that the BoJ should lower the interest rates to >>
Read more
Soybeans gain on increasing demand from China and the U.S.
Thu, 15 Nov 2012 12:07:43 GMT
Soybeans futures for January settlement
increased by 0.4% to $14.25 a bushel on the Chicago Board of Trade during Asia
trading hours on Tuesday. The commodity price steps up for a third >>
Read more
Dow slid after dismal retail sales numbers
Thu, 15 Nov 2012 11:56:41 GMT
US blue chips sank on Wednesday as dismal reports from the domestic economy and mounting concerns over Greek bailout dampened demand for riskier assets. US retail sales and PPI tumbled >>
Read more
Winter time undermines Moscow's ambitions to become a global financial center
Thu, 15 Nov 2012 11:45:40 GMT
Last year Russian Prime Minister Dmitry
Medvedev ended the switch to winter time and increased the difference
between London and Moscow from three to four hours. This change cut liquidity
in Russia's stock >>
Read more
US shares plunged on weak data
Thu, 15 Nov 2012 11:34:42 GMT
US stocks dropped on Wednesday as weak national data fuelled fears that upcoming fiscal cliff will drive the country into recession. Moreover, traders were cautious ahead of Chinese leadership change >>
Read more
Fitch Ratings rises Ireland credit outlook on government efforts
Thu, 15 Nov 2012 11:23:41 GMT
Fitch Ratings improved Ireland's credit prospects from negative to stable, as the government puts a lot of efforts to be the first euro-region country to exit bailout. Also, the credit >>
Read more
Corn rose amid bottom fishing
Thu, 15 Nov 2012 11:12:50 GMT
Rural commodities were mixed on Wednesday amid solid greenback and bottom fishing. Meanwhile, weak demand for the US exports coupled with fears over global economic slowdown created a heavy pressure >>
Read more
Cost of living in the U.S. probably rose at slower pace
Thu, 15 Nov 2012 11:01:43 GMT
Economists say that the retail prices in the U.S. are likely to rise at the slowest rate in three months. The expectations are that a gain in the consumer price >>
Read more
Brent oil surged; Middle East conflict in focus
Thu, 15 Nov 2012 10:50:54 GMT
Energy futures jumped on Wednesday despite bleak global outlook and solid greenback. Meanwhile, escalated tensions in the Middle East pushed the commodity group higher. However, market players remained cautious ahead >>
Read more
German GDP growth decelerates in the third quarter
Thu, 15 Nov 2012 10:39:42 GMT
The pace of economic growth in Germany continued to slow down in the third quarter on threats euro zone crisis possess on the Europe's largest economy. The nation's GDP expanded >>
Read more
Copper slides as China's October output rises 8.6%
Thu, 15 Nov 2012 10:28:42 GMT
Industrial metals were mixed on Wednesday amid weak numbers from the US and lingering concerns over whether Greece will receive the next bailout installment timely. Meanwhile, investors were also cautious >>
Read more
French GDP advances unexpectedly in Q3
Thu, 15 Nov 2012 10:17:43 GMT
The French GDP grew
0.2% quarter-on-quarter after a -0.1% decline in the previous quarter according
to data provided by Statistical Office Insee, reversing the analysts' estimates
as they forecast a stagnation in French >>
Read more
The kiwi trades up amid growing New Zealand's economy
Thu, 15 Nov 2012 09:55:42 GMT
New Zealand's Dollar halted declines as strategists improved forecasts. The kiwi advanced 3.9% throughout the year 2012, showing the biggest increases among ten most developed-market currencies. Investors are trading the >>
Read more
Poland's inflation cools in October
Thu, 15 Nov 2012 09:17:42 GMT
Consumer price inflation in Poland cooled in October, matching economists' estimations, data from the Central Statistical Office showed. The CPI index rose 3.4% year-on-year in October, slower than a 3.8% >>
Read more
Aussie depreciates on RBA selling-off the currency
Thu, 15 Nov 2012 09:06:45 GMT
The Australian Dollar kept
declining against all but one its major counterparts, as the Reserve Bank
increased sales of the Aussie to foreign banks last month. The currency lost
0.1% to $ 1.0367 >>
Read more








