Fundamental Analysis

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Wed, 09 May 2012 09:20:06 GMT

RICS: U.K. house price gauge falls

A U.K. house-price index declined to the lowest level in half a year in April, said the Royal Institution of Charted Surveyors (RICS). The index fell to minus 19 from minus 11 the previous month.

Wed, 09 May 2012 09:09:06 GMT

U.S. stocks retreated on Tuesday

U.S. stocks fell on Tuesday as Greece's bailout pledge came into question.

Wed, 09 May 2012 08:58:06 GMT

German industrial production expands by more than economists forecast

German industrial production unexpectedly soared in March, adding to signs the euro zone's largest economy is weathering debt crisis. Production jumped 2.8 per cent from February, when it declined 0.2 per cent, said the Economy Ministry on Tuesday.

Tue, 08 May 2012 10:00:04 GMT

Japanese stocks tumbled on Monday

Japanese stocks tumbled on Monday after presidential elections in France and parliamentary elections in Greece.

Tue, 08 May 2012 09:49:07 GMT

Swiss stocks slid on Monday

Swiss stocks declined on Monday after Greek electorate turned to anti-bailout parties.

Tue, 08 May 2012 09:38:03 GMT

Nationwide: U.K. house prices edged lower by 0.2% in April

U.K. home prices edged lower for a fourth time in five months, Nationwide data showed last week. Price of a typical U.K. house fell by 0.2 per cent to 164,134 pounds from March, when it declined 1.0 per cent.

Tue, 08 May 2012 09:27:03 GMT

U.S. stocks closed mixed on Monday; the economy "is improving"

U.S. stocks closed mixed on Monday after Francois Hollande was elected as a French president and Greek voters turned to anti-bailout parties. The Standard & Poor's 500 gained 0.04%, or 0.48 points, to 1,369.58. The Dow Jones Industrial Average lost 0.23%, or 29.74 points, to 13,008.53.

Tue, 08 May 2012 09:16:02 GMT

German factory orders rise, Hollande defeats Sarkozy in French presidential election

German factory orders rose by more than forecast in March, a sign Europe's largest economy is weathering the debt crisis. Order jumped 2.2 per cent in March, after increasing 0.6 per cent in February, said the Economy Ministry in Berlin on Monday.

Mon, 07 May 2012 10:27:00 GMT

Banks in Japan were closed on Friday

Banks in Japan were closed on Friday in observance of Constitution Day.

Mon, 07 May 2012 10:16:01 GMT

Swiss stocks ended Friday's session lower

Swiss stocks edged lower on Friday after a report showed U.S. companies added less employees than economists forecast.

Mon, 07 May 2012 10:05:00 GMT

U.K. house prices fall 2.4 per cent

U.K. house prices edged lower in February, said the Lloyds Banking Group Plc Halifax mortgage-lending unit on Tuesday. Prices fell 2.4 per cent to an average of 159,883 pounds.

Mon, 07 May 2012 09:54:00 GMT

U.S. jobs growth slows, unemployment declines

The number of Americans, who have found a job in the private sector in April, tumbled to 115,000 from 154,000 the prior month, said the Bureau of Labor Statistics on Friday. The jobless rate unexpectedly declined to 8.1 per cent, the lowest level in three years.

Mon, 07 May 2012 09:43:01 GMT

European stocks closed lower on Friday

European stocks extended weekly losses, after a report showed U.S. companies added fewer jobs than expected in April.The Stoxx Europe 600 Index erased 1.76 per cent to 253.00. Germany's DAX Index tumbled 1.99 per cent and France's CAC 40 Index contracted 1.90 per cent. The U.K.'s FTSE 100 Index lost 1.93 per cent to 5,655.06.

Fri, 04 May 2012 07:33:58 GMT

Japan, China and South Korea agree to increase purchases of each others' bonds

Japan, China and South Korea agreed to increase investment in each others' bonds with the aim to diversify foreign-exchange reserves.

Fri, 04 May 2012 07:33:00 GMT

Schneider-Ammann says he's satisfied with the franc cap

Swiss Economy Minister Johann Schneider-Ammann said he is satisfied with the franc's cap versus the euro and expressed confidence the central bank would defend the policy.

Fri, 04 May 2012 07:32:04 GMT

U.K. service sector growth slows

U.K. service sector growth slowed in April, Markit Economics data showed on Thursday. The Markit purchasing managers' index fell to 53.3 in April from 55.3 in May. A number above 50 indicates industry expansion.

Fri, 04 May 2012 07:31:18 GMT

U.S. jobless claims tumble

The number of Americans claiming for unemployment benefits tumbled to 365,000 in the week ended April 28 from 392,000 the week before, said the Department of Labor on Thursday.

Fri, 04 May 2012 07:30:43 GMT

ECB leaves interest rates on hold

The European Central Bank held key rate at 1 per cent on Thursday and told it expects a gradual economic recovery this year

Thu, 03 May 2012 08:05:33 GMT

Japanese stocks ended Wednesday's session higher

"There's no doubt that boosting production globally is positive for the Japanese economy"- Kiyoshi Ishigane, a strategist at Mitsubishi UFJ Asset Management Co.Japanese stocks edged higher on Wednesday, after a report showed U.S. manufacturing expanded more than forecast in April.The Nikkei 225 rose 0.31%, or 29.30 points, to 9,380.25. The broader Topix advanced 0.43%, or 3.38, to 792.87."There's no doubt

Thu, 03 May 2012 08:05:26 GMT

Swiss stocks closed higher on Wednesday

"The good U.S. numbers gave the market a major boost at the start of the day"- Benno Galliker, a trader at Luzerner Kantonalbank AGSwiss stocks rose on Wednesday, after a report showed U.S. manufacturing expanded.The Swiss blue-chip index SMI, a measure of the largest and most actively traded companies, gained 0.20%, or 12.43 points, to 6,108.77. The broader Swiss Performance

Thu, 03 May 2012 08:05:15 GMT

U.K. construction sector growth slows

"[Construction PMI data] points to clear, decent construction expansion in April"- Howard Archer, chief UK economist at IHS Global InsightU.K. construction sector expanded slower in April, compared to March, showed a survey conducted by Markit. The Markit / CIPS construction purchasing managers' index declined to 55.8, from 56.7 in March. Reading above 50.0 indicates industry expansion."On the face of it,

Thu, 03 May 2012 08:05:08 GMT

U.S. economy adds 119,000 jobs; factory orders decline

"Employment growth is slowing"- David Sloan, an economist at 4Cast Inc.The number of Americans, who have found a job in the private sector fell to 119,000 in April from a revised 201,000 in March, the ADP Employer Services said on Wednesday."Employment growth is slowing," said David Sloan, an economist at 4Cast Inc. in New York. "The economy is growing at

Thu, 03 May 2012 08:05:02 GMT

Euro zone unemployment at 15 year high

"The grim unemployment figures for March will likely encourage talk about a long overdue ‘growth pact' for the euro zone"- Martin van Vliet, an economist at ING GroupEuro area unemployment rose to the highest level since 1997 in March and manufacturing contracted in April, adding to signs the economy is still far from out of the woods. The jobless rate

Wed, 02 May 2012 10:18:04 GMT

Japanese stocks tumbled on Tuesday

"The worst catalyst is the strengthening yen. Investors can't get optimistic about the Japanese economy"- Koji Toda, chief fund manager at Resona Bank Ltd.Japanese stocks ended Tuesday's session in red, as the yen strengthened after data showed Spain fell into recession.The Nikkei 225 fell 1.78%, or 169.94 points, to 9,350.95. The broader Topix lost 1.84%, or 14.78, to 789.49."The worst

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