The Brazilian Real appreciated by 0.1% to 1.9809 per U.S. Dollar and swap rates to January 2015 decreased by 0.02 percentage points in the morning of Sao Paulo trading session on Tuesday. Brazilian market moved along the data on inflation, which signalled about a slower-than-expected inflation rate. That boosted speculation that the central bank might resist to increase the key interest rate
Polish core inflation slowed down to its lowest figure since November 2007 in February, while the consumer price index stayed unchanged on a monthly basis at 0.1%, the country's central bank reported on Monday. The report showed that core consumer prices advanced annually by 1.1% in February following a 1.4% rise recorded the month before, while the core inflation was
U.S. natural gas increased to the highest level since November 1, 2011, after the demand was booster by colder-than-normal temperatures in northern states, which are supposed to stay below the 30-year average for more than 8 days. April gas futures advanced by 1.7% to $3.938 per million British thermal units on NYME after it improved by 6.7% last week.
U.S. homebuilder confidence dropped surprisingly in the month of March, when the homebuilder confidence fell for second successive month, data released by the National Association of Home Builders showed on Monday. The data showed the NAHB/Wels Fargo Housing Market Index decreased from 46 in February to 44 recorded in the following month, while it was forecast to rise to 47.
Consumer prices in Malaysia increased matching the economists' expectations in the month of February mainly due to an advance in food and non-alcoholic prices on the month, a data released by the Department of Statistics reported on Wednesday. The inflation rate jumped from a level of 1.3% in January to 1.5% in February, while the consumer price index added 0.2%
German equities edged higher on Wednesday, rebounding from losses throughout the last three days, as European policy makers discussed alternative options for a bailout plan after Cypriot parliament rejected the tax levy on bank deposits. The DAX Index surged as much as 0.5%, or 35.08 points, to 7,986.48 with 17 out of 30 members inching up. Five out of nine
The leading economic index of France advanced in the month of January mainly driven by an improvement in jobless claims and by positive yield spread contribution, the Conference Board reported on Wednesday. The reports said the headline index added 0.5% on a sequential basis to 114.4 in January after it declined 0.3% in December 2012.
The total number of people claiming for jobless benefits in the U.K. decreased less than expected in February, while total unemployment climb for the first time in 12 months in a period between November and January, the Office for National Statistics reported on Wednesday. The claimant count declined by 1,500 and was 1.54 million in February, while it was forecast
The Canadian Dollar, also known as the loonie, was little changed at 1.0268 per U.S. Dollar in the morning of Toronto trading session on Wednesday. The loonie fluctuated, as traders wait for more information about potential solution in Cyprus. The Cyprus' Parliament rejected a levy on bank deposits and German Chancellor said that country must take measures to change its banking system.
The Russian Ruble advanced by 0.3% to 34.9178 versus Bank Rossii' basket by midday trading session in Moscow on Wednesday. That was the biggest gain since 8th of January. Investors purchased the Rubble as crude oil price increased and domestically based companies bought the currency to cover tax liabilities.
Arabica coffee increased for the first time in more than 10 days on Wednesday amid speculation that blenders might start using more of the Starbucks-preferred beans to blends, while Robusta beans added 12% this year following a 6.3% climb in 2012. May Arabica futures advanced 0.6% to $1.3385 a pound earlier on Monday session in New York, while May Robusta
Wheat traded on the Chicago Board of Trade increased on Wednesday, however, wheat futures fell by 23% since last July, when it reached a four-year high at $9.4725 a bushel. The contract for May delivery jumped 0.8% to $7.2775 by 3:34 p.m. in Singapore today after a report by the Bangladesh's Directorate General of Food showed that the country may
Copper advanced in New York on Wednesday rebounding from its lowest price since August 2012 after Morgan Stanley reported that demand for the commodity is reviving in China. May Copper futures increased by 0.9% to $3.4345 a pound earlier on Wednesday session after reaching its 7-month low at $3.388 a day earlier, while it added 0.8% to $7,590 a metric
U.K. equities swung between gains and losses on Wednesday to extend its longest streak of declines on speculation Bank of England can adopt stimulus measures started by other banks. The FTSE 100 Index lost 0.2% to 6,425.58 at 16:30 in London. Only two sectors posted gains and 49 out of 101 firms edged higher. Schroders Plc was the top performing
Emerging-market shares advanced for the first time in more than a week on Wednesday led by China's stocks, which improved the most in a two-month period after the Eurozone's policy makers will talk through another bailout plan for Cyprus. The MSCI Emerging Markets Index increased by 0.2% to 1,026.5 on Wednesday, when 361 stocks dropped and 332 stocks advanced.
Gross mortgage lending in the United Kingdom dropped by 8% in a period between January and February, the Council of Mortgage Lenders showed in a report on Wednesday. The report said that total gross mortgage lending fell from a level of 11.4 billion pounds in January to 10.5 billion Pounds in February, compared to 10.4 billion pounds in February 2012.
The U.S. Treasuries decreased for the first time after it advanced three sessions in a row amid speculations that the Federal Reserve will keep stimulating economy with its monetary policy programme. The U.S. benchmark 10-year yields advanced from its lowest level in two weeks, when it added 0.04 percentage points to 1.94% earlier in New York.
West Texas Intermediate advanced on Wednesday following its biggest gain in a month, at the same time Brent futures bounced back from their lowest level in three months, as the Eurozone's lawmakers decided to design a new bailout plan for Cyprus. April WTI futures with today's expiration rose 97 cents to $93.13 a barrel on NYMEX, while May Brent futures
The British Sterling appreciated on Wednesday after the Chancellor of the Exchequer George Osborne said the country's government decided to keep the Bank of England's inflation target at 2% allowing room for further interest rate cuts in the future. The Pound advanced 0.3% to $1.5138 and it weakened 0.2% against the Euro to 85.48 pence following a 0.8% drop earlier
Hong Kong equities advanced on Wednesday for their first rally in four days as investor concerns over Cyprus's rejection of a tax levy on bank deposits were offset by rising Chinese mainland shares. The Hang Seng Index climbed 1% to 22,256.44 with around three shares soaring for each that declined. Utilities was the only sector posting losses, as it was
The Euro advanced by 0.1% to $1.2893 in the morning trading session in London on Wednesday. Traders were positive, as Cyprus' Parliament refused a levy on bank deposits. Also, market traded on speculation that Cyprus will have more time to find a consensus on a financial rescue plan, as the ECB committed to provide additional liquidity to the country.
The South Korean Won depreciated by 0.5% to 1,116.20 per U.S. Dollar in Seoul session on Wednesday. The currency reached 1,119.95 level during trading hours, which was the weakest point since 27th of September. Investors were willing to sell the Won, as the government said that it will consider measures to restrain capital flows and reduce volatility in the market,
The Australian Dollar, also known as the Aussie, was slightly changed to $1.0376 in the end of Sydney trading session on Wednesday. The Aussie remained lower after the biggest drop in a week, as Cyprus rejected a bank deposit levy. The decision snapped demand for risky assets, as the uncertainty in Europe persists, attracting more money for safe haven securities.
The Shanghai Composite Index was higher by 2.7% to 2,317.38 points in Shanghai trading session on Wednesday. That was the biggest gain since 14th of January and volume was 10% higher than the 30-day average. Market traded positively on a manufacturing data, which indicated expansion, and Market Studies LLC announcement that Chinese stocks will gain 28% till September.