Developing market stocks decline for 2nd day as commodities fall

Source: Bloomberg
© Scanpix/Reuters
Emerging-market equities slid for a second consecutive day and currencies depreciated as commodities fell and investors analyze prospects for a finish for monetary stimulus in the U.S. The MSCI Emerging market gauge dropped 0.6% to 960.49 as of 2:05 p.m. London time. The emerging-nation index has dropped 8.4% since May 22. Russian Ruble weakened 0.4% against the greenback.
Back to articles

Actual Topics

Thu, 25 Jul 2013 14:56:05 GMT

U.S. equities mainly lower as earnings data mixed

U.S. equities fluctuated today as investors received mixed earnings data and advance in unemployed insurance claims and bookings for durable goods. The S&P index was up 0.1% to 1,686.25 at 110:09 a.m. New York time, ending its two-day losses. The Dow dropped 0.3% to 15,503.73. Facebook soared 25% to $33.24,a 14-month high. The company beat revenue and profit estimates.

Thu, 25 Jul 2013 14:34:05 GMT

Treasury yields at one-week high after a report on durable goods

Yield on 10-year treasuries reached a one-week high as bookings for durable goods from U.S. increased more than analysts' forecast, fostering bets the economic conditions are good enough for the Fed to begin reducing bond purchase programme. Ten-year bond yield traded at 2.59% as of 8:47 a.m. New York time, while the 30-year return was at 3.65%.

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.