Japanese government bonds increased on Tuesday and were set to record their largest gain in a five-month period after local stocks dropped spurring demand for safer assets. The benchmark 10-year government bonds yielded lower falling by four-and-a-half basis points to 0.65% by 3:42 p.m. Tokyo time, the biggest slide since August 5.
European shares declined on Tuesday trading session falling from the strongest level since 2008 amid concerns that some companies may fail to raise capital and as global indexes declined on speculation the U.S. Fed may slow down its tapering. The benchmark index Stoxx Europe 600 slipped 0.8% to 328.04 as of 8:29 a.m. London time, the largest fall since January
China's shares increased on Tuesday session rising for the first time in a five-day period mainly due to an advanced of consumer and energy companies after the region's benchmark stock index dropped to the lowest level. The Shanghai Composite Index gained 0.9% to 2,026.84 rebounding from the weakest level since July 31 and it has tumbled 4.2% in 2014.
Inflation measured as harmonized priced index in France stayed unchanged in the last month of 2013 missing economists' projection of an increase, the latest data published by the statistical office Insee showed on Tuesday. France's harmonized index of consumer prices remained 0.8% in December, the same level measured in the previous month, while it was forecast to grow to 0.9%.
Business confidence in New Zealand improved in the last quarter of 2013 rising to the highest level since 1994 as regions through the whole country recovered, a report published by the New Zealand Institute of Economic Research showed on Tuesday. According to the report, New Zealand's business conditions advanced with 52% of firms gaining in the Q4, up from 33%
Current economic situation in Japan according to economy watchers' assessment improved in the last month of 2013, a report revealed by the Cabinet Office unveiled on Tuesday. The report also showed that the country's Eco Watchers' index of current conditions rose from November's 53.5 to a level of 55.7 in the following month.
Japan's current account came in deficit in November recording the second straight shortfall of the current account, a report published by the Ministry of Finance unveiled on Tuesday. According to the report, the Japanese current account deficit totaled 592.8 billion yen in November, however it was expected to record a deficit of 368.9 billion yen.
The performance of Spain's economy improved in the last quarter of 2013, when it grew at a faster rate than in the previous quarter suggesting that the region may create more jobs, a report revealed by the Ministry of Finance showed on Tuesday. The Spanish GDP rose 0.3% in the Q4 following an expansion by 0.1% in the prior quarter.
German government bunds increased on Tuesday session with the benchmark 10-year yields falling for the third straight day before the euro-area report showed that inflation in the region jumped at the fastest rate in two-and-a-half year in November. The 10-year bund yield slipped one basis point or 0.01% to 1.80% by 7:1 a.m. in London.
The Japanese Yen weakened on Tuesday falling against the U.S. Dollar after it recorded a rally on Monday as Wall Street shares dropped on weak U.S. jobs data suggesting that the Federal Reserve may cut its scale-back plan. The Yen shed as much as 0.5% to 103.48 per U.S. Dollar following an increase to a level of 102.85 seen on
U.S. stocks closed lower on Monday trading session as companies from SodaStream to Express Inc reported their weak quarterly results and on speculation that the U.S. Federal Reserve may reduce tapering as the economy losing its momentum. The Dow Jones industrial average slipped 1.09% to 16,257.94, the S&P 500 Index fell 1.26% to 1,819.2 and the Nasdaq Composite Index tumbled
Inflation in the Europe's largest economy measured as wholesale price index declined in December falling for the 5th successive month, a report published by the statistical office Destatis showed on Tuesday. According to the report, the country's wholesale prices slipped 1.8% year-on-year in December, while in November it slid 2.2%.
The majority of Asian stocks declined on Tuesday session with the benchmark Japanese index falling as much as 3% after the country's currency fell to the weakest level in a month versus the U.S. Dollar after a report showed that U.S. jobless claims rose more than expected. The MSCI broadest Asia-Pacific gauge outside Japan slid 0.6%. while Japan's Nikkei 225
Emerging-market shares increased on Monday advancing for the second straight day led by commodity producers after Indonesia's export limits fueled concerns that nickel inventories may decreased. The MSCI Emerging Markets Index gained 0.6% to 976.27 as of 1:06 p.m. New York time as OAO GMK Norilsk Nickel surged by the most in thirteen months.
Italian government bonds increased on Monday trading session gaining for the second straight day after the country raised the biggest amount from its bond-auction since May 2011. Italy's benchmark 10-year government bond yields slipped two basis points to 3.90% as of 4:20 p.m. in London following a drop to 3.83% on January 9, the least since May 9.
U.S. Treasuries advanced on Monday trading session with the benchmark 10-year yields falling towards the weakest level in a three-week period before this week's report showing that retail sales in the U.S. eased last month. The 10-year government yield fell two basis points to 2.84% by 12:01 p.m. in New York.
Canada's stock fluctuated on Monday snapping their four-day winning streak after falling oil prices pushed down energy producers and as Goldcorp Inc. declined, the world's second biggest metal producer. The Standard & Poor's/TSX Composite Index sank 4.08 points or 0.1% and was last seen at 13,743 as of 11:21 a.m. Toronto time.
The Chinese currency increased on Monday trading session rising towards the strongest level in 20 years after the People's Bank of China raised the daily fixing to a new record and after a report showed that the U.S. jobless claims rose more than forecast. The Yuan added 0.14% to 6.0434 a U.S. Dollar in Shanghai before trading at 6.0424, the
Gold jumped on Monday trading session rising towards the strongest level in four weeks amid speculation that the U.S. Federal Reserve may keep the benchmark interest rates low as last week's report showed that payrolls in the country advanced less than forecast. Bullion for January settlement gained 0.6% to $1,255.45 an ounce, the most since December 12.
Inflation measure as consumer price index in India is forecast to have stayed high in the last month of 2013, according to a survey published by the Reuters, together with the benchmark wholesale inflation rising from 7% to 7.52% in November. The survey showed that the country's inflation is projected to record 9.92% in December from 11.24% in the prior
Stocks worldwide increased on Monday with the gauge of most-traded global shares rising towards the highest level in six years after a report last week showed that U.S. unemployment claims increased suggesting that the Federal Reserve may keep the interest rates low. The MSCI world-equities index added 0.2%, while the Emerging Markets Index rose 0.9%.
Commodity prices declined on Monday falling to the lowest level in eight months amid signs that inventories increased by more than forecast and as China's gross domestic product eased after global hedge funds reduced their bullish commodity bets. The world-wide net-long positions of the most-traded commodities slipped by 11% to 678,885 futures in the week to January 7.
Wheat traded in Chicago increased on Monday rebounding from its decline recorded last week after the world's largest buyer of the grain, Egypt, agreed to purchase 55,000 metric tons of the commodity at a price of $303 per ton including costs. Wheat for settlement in March jumped 0.6% to $5.725 per bushel on the CBOT.
Nickel traded in London advanced on Monday rising towards the strongest level in two weeks after export limits were put on the world's largest producer of the commodity, Indonesia, possibly pushing the global market into a shortfall next year. Nickel for settlement in April gained 1.7% to $14,100 per ton as of 3:52 p.m. on the London Metal Exchange.