Market News
French private sector falls more than expected in September
Wed, 03 Oct 2012 12:39:44 GMT
French service sector tumbled at a faster-than-expected pace in September, Markit Economics revealed final data on Wednesday. The seasonallized composite output index slipped to a 42-month low of 43.2, compared >>
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The New Zealand Dollar lower on growth worries
Wed, 03 Oct 2012 12:28:45 GMT
On Wednesday, the New Zealand Dollar
was significantly lower versus the U.S. counterpart, amid concerns
over Spanish bailout and Chinese economic growth. NZD/USD hit the
lowest since Sept. 26, which was 0.8206, and >>
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Copper declines after a 4-day climbing streak on economic woes
Wed, 03 Oct 2012 12:17:44 GMT
On Wednesday, copper was traded lower,
following a 4-day rally, amid uncertainty over Spanish bailout plan
and holidays in China, which is a top copper consumer. On the London
Metal Exchange, three-month copper >>
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Spain's services PMI declined more than expected
Wed, 03 Oct 2012 12:06:45 GMT
Markit Financial Information Services
reported on Wednesday that Spanish service sector activity witnessed
a steeper decline in September than it was expected. Services PMI
declined to 40.2 on a seasonally adjusted basis, compared >>
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Gold near eleven-month high amid Spain caution
Wed, 03 Oct 2012 11:44:45 GMT
On Wednesday, gold was traded near an
11-month high, amid uncertainty over Spanish bailout plan and
upcoming U.S. unemployment report. Spot prices for gold were little
changed, being traded at $1,772.69 per troy >>
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Treasuries higher on upcoming service industry data
Wed, 03 Oct 2012 11:22:46 GMT
On Wednesday, treasuries were traded
higher for the fourth day in a row, following the announcement of
disappointing Chinese non-manufacturing data, and amid speculations
that an upcoming report will show a similar decrease >>
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Europe stocks slip on Spain bailout concerns
Wed, 03 Oct 2012 11:00:45 GMT
European stocks declined on Wednesday amid worries Spain may postpone a bailout and weak China sentiment. The Stoxx Europe 600 Index slid 0.3% to 270.90. The DAX 30 Index tumbled >>
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Bunds rise ahead of Eurozone services, industry reports
Wed, 03 Oct 2012 10:38:44 GMT
German bonds surged on Wednesday ahead of a report expected to show a 39-month low output in euro area's services and manufacturing industry. The 10-year yield lost 2 basis points >>
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Oil falls amid U.S. inventories, China outlook
Wed, 03 Oct 2012 10:16:45 GMT
Oil tumbled for a second day on Wednesday as U.S. crude inventories jumped for the fourth consecutive week and China consumer sentiment slipped. November-delivery oil lost 46 cents to $91.43 >>
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China consumer confidence drops in September
Wed, 03 Oct 2012 10:05:44 GMT
China's consumer sentiment declined for the third consecutive month in September, reaching the weakest level since December, Deutsche Boerse's MNI showed on Wednesday. The index came out at 89.3 from >>
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Aussie falls on trade deficit
Wed, 03 Oct 2012 09:54:44 GMT
The Australian Dollar dropped to almost 1-month low following the government report on the nation's trade deficit, which was the widest since 2008. The Aussie Dollar traded at $1.0211, the >>
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Annual inflation rate in developed economies rose in August
Wed, 03 Oct 2012 09:43:45 GMT
The annual inflation rate in developed countries climbed for the first time in a year in August, with the main reason being a sharp increase in energy prices. Figures released >>
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What dropped on slowing demand for US supplies
Wed, 03 Oct 2012 09:32:45 GMT
Farm commodities apart from wheat moved higher on Tuesday amid broadly lower US Dollar. However, speculation that improved weather conditions in the top-growing regions are likely to boost global supplies >>
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U.K. services sector expand less than forecast in September
Wed, 03 Oct 2012 09:21:48 GMT
U.K. service sector output advanced at a weaker-than expected rate in September, as economy posted the first net decline in employment in last ten months, Markit Economics said on Wednesday. >>
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Australia's trade deficit widened in August
Wed, 03 Oct 2012 09:21:44 GMT
According to official data of the Australian Bureau of Statistics, trade deficit in Australia widened in August, with the balance on services and goods at deficit of $2.027 billion, compared >>
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