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.
The European benchmark Brent crude slightly advanced on Monday trading session as Iran agreed to reduce its nuclear program and as investors cut their bets on further declined of the commodity by the most in a six-month period. Brent for settlement next month gained 7 cents to $107.32 per barrel on the London's ICE Futures Europe exchange.
West Texas Intermediate oil declined on Monday after Iran and global forces came to an agreement to reduce the country's nuclear program starting on January 20 under terms that some sanction on nation will be eased. WTI for delivery in February dropped 73 cents to $91.99 per barrel as of 10:55 a.m. on the NYMEX after the prices fell 1.3%
A leading indicator of economic activity in the OECD area advanced in November suggesting that the global economy is improving, a report published by the organization showed on Monday. The composite leading economic index gained from October's 100.7 to November's 100.9.
Chinese shares declined, sending the regional benchmark index to the lowest level in five months, as losses for technology and consumer stocks overshadowed a raw-material company advance. The Shanghai Composite slid 0.2% to 2,009.56, making it the fourth straight day of declines. The CSI 300 Index fell 0.5% to 2,198.68, while the Hang Seng China Enterprises Index added 0.1%.
U.S. shares retreated as investors' analyzed nation's economy and its corporate earnings after the benchmark Standard & Poor's 500 Index had the biggest advance in more than ten years in 2013. The S&P 500 slid 0.1% to 1,840.89 as of 9:40 New York time, while the Dow Jones Industrial Average decreased 0.2% to 16,412.84 today.
Machinery and equipment orders in the Europe's largest economy rose in December amid a significantly strong foreign demand, a report revealed by the industry group VDMA unveiled on Monday. According to the report, the country's orders gained 7% on a sequential basis in December as domestic orders fell 1% and foreign orders rose 12%.
European shares were little changed, after the benchmark Stoxx Europe 600 Index had its first weekly advance of 2014, as the Basel Committee on Banking Supervision announced lender's capital requirements. The Stoxx 600 index added 0.1% to 330.35 as of 1:46 p.m. London time, after it climbed 0.7% previous week.
U.K. shares gained for a second straight day as economists speculated on banks' fourth-quarter earnings and that they will support further advances in stock prices. The FTSE 100 Index climbed 0.2% to 6,750.15 as of 2:10 p.m. London time, after last week's rise. The FTSE All-Share Index added 0.2% as well, while Ireland's ISEQ Index rose 1%.
Australia's currency reached the highest level in a month on forecasts that this week's jobs report will show a growth for a second straight month. The Aussie gained 0.4% to 90.30 U.S. cents at 5:50 p.m. Sydney time, after approaching 90.42 cents, its highest level since December 12, while it retreated 0.3% to 93.43 Yen. The Kiwi added 0.4% to
The British currency depreciated for a third consecutive day against the common currency after a gauge indicated that U.K. economic data missed analysts' expectations. The Sterling slid 0.3% to 83.18 pence per Euro as of 12:28 p.m. in London, after climbing to 82.31 pence on January 9, the highest level in a year. The Pound dropped 0.3% to $1.6431 after
The U.S. Dollar slid to the lowest level in three weeks versus the Japanese Yen ahead of U.S. retail sales report that is expected to show that growth has slowed down. The greenback declined 0.6% to 103.53 Yen at 8:23 a.m. in New York, after slipping to 103.26, the lowest level since December 18. The Dollar climbed 0.2% to $1.3645