US Consumer Confidence Disappoints in July

Note: This section contains information in English only.
Source: CNBC
US consumer confidence dropped steeply in July, following an increase in June. The Conference Board's Consumer Confidence Index tumbled to 90.9 this month, being well below the forecasts, as consumers' short-term expectations decreased. The percentage of those who expected business conditions to amend in 2015 slid from 17.9% to 14.7%, while the number of consumers expecting the conditions to deteriorate rose to 10.7% from 10.2% reported in June.
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Wed, 29 Jul 2015 08:22:03 GMT

Chinese stocks snap 4-session losing streak

The Shanghai Composite closed out Wednesday's trading session higher, thus ending four-session losing streak, however, rest of the markets in Asia recorded mixed results. The Shanghai Composite rose 3.4% to 3,789 points, the Hang Seng edged 0.4% higher to 24,610 points, while the Sensex advanced 0.5% to 27,600. Meanwhile, Nikkei 225 lost 0.1% to 20,303 points by 8:00 AM GMT. 

Tue, 28 Jul 2015 16:13:04 GMT

New Zealand Shares Drop Amid Slower China's Economy

New Zealand shares declined sharply today, as the Wall Street's 'fear gauge' increased to its highest level in two weeks amid 8.5% drop in China's Shanghai Composite index the previous day. The S&P/NZX 50 Index lost 23.68 points, or 0.4%, falling to 5848.38. Inside the benchmark index, eight stocks jumped, thirty seven slid and only five remained unchanged.

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