Emerging market stocks fall, led by technology industry

Source: Bloomberg
© Scanpix/Reuters
Stocks prices in developing countries dropped for a second consecutive day, led by technology shares. The MSCI Emerging Markets Index slid 0.3% to 954.45 so far today, decreasing a weekly gain to 1%. Technology stocks retreated 1.7%, the most out of all 10 industries in the gauge, after Taiwan Semiconductor predicted lower-than-expected earnings in Q3.
Back to articles

Actual Topics

Fri, 19 Jul 2013 07:02:09 GMT

Gold jumps for a 2nd day despite Bernanke's testimony

Prices of gold inched up for the second day in a row following Wednesday's decrease amid bets that precious metal demand may recover in the future, despite the Federal Reserve Chairman Ben Bernanke's forecast that gold should fall in the near term. Gold futures advanced 0.49% to $1,290.59 per ounce and spot gold gained 0.59% to $1,291.80.

Fri, 19 Jul 2013 06:33:04 GMT

Indian bonds drop after interest rate increases

10-year Indian government bonds dropped after the central bank increased its interest rates to fight currency depreciation. The yield on 7.16% government securities expiring in May 2023 jumped 6 basis points to 8.05%, while it has already increased 52 basis points so far this week, the biggest surge since March 2009. The Rupee decreased 0.1% to 59.7687 per U.S. Dollar.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.