Sentiment among the United Kingdom households increased notable in the month of March hitting its highest level all-time, a survey released by the private company Knight Frank showed on Friday. According to the survey, the U.K. household confidence regarding home values jumped from February's level of 60.7 to 61.5 points recorded in March.
Manufacturing sector in the Philadelphia-area increased in March rebounding from a negative territory suggesting that the region's factory activity improved, a survey published by the Federal Reserve Bank of Philadelphia showed on Thursday. According to the survey, the factory activity in the area rose to 9.0 points from a level of -6.3 in February.
A leading economic indicator in the world's largest economy increased in February rising more than economists originally projected and faster than in the month before, a data released by the Conference Board showed on Thursday. According to the data, the leading economic index advanced by 0.5% in February, up from January's level of 0.1%.
New Zealand's credit card spending increased on an annual basis in February, however the figure rose slower than in the month before, a report released by the Reserve Bank of New Zealand showed on Friday. According to the report, the New Zealand's total credit card spending added 5.9% in February reaching a level of NZ$2.879 billion.
The Chinese currency declined further on Friday and traded near its weakest level in a thirteen-month period against the U.S. Dollar reaching the largest weekly drop after the People's Bank of China set the currency's daily fixing at 6.1475. The Yuan traded at 6.2275 a U.S. Dollar earlier on the session after reaching 6.2334, the lowest since February 2013.
The U.S. Dollar swung between gains and losses earlier on Friday trading session traded near its three-week high against the most traded currencies on speculation that the Fed may raise rates as soon as in 2015. The so-called Greenback traded at $1.3777 after rising to a 2-week peak of $1.3749, while it was last seen at 102.69 yen and C$1.1237.
Wall Street futures inched higher on Thursday trading session after economic data from the world's largest economy signaled that an improvement in investors' sentiment and as the Federal Reserve Chairman Yellen commented that the Fed may hike rates in 2015. The S&P 500 Index rose 0.60% to 1,872.01, the Dow Jones added 0.67% to 16,331.05 and the Nasdaq index jumped
The U.S. Dollar advanced on Friday trading session with the index measuring its performance against the basket of its most-traded peers traded near the highest level since February after the U.S. Federal Reserve Chairwoman signaled that interest rates increase may come in 2015. The U.S. Dollar index was last seen at 80.163, not from its February's peak of 80.354.
The majority of Asian shares increased on Friday rebounding after a notable decline yesterday amid raising concerns that the U.S. Federal Reserve may increase its benchmark interest rates as soon as in 2015, which is sooner than experts expected. The MSCI Asia-Pacific gauge outside Japan gained as much as 0.5%, while the Australian index inched higher 0.7%.
The Yuan fell the most since 2008 as the central bank cut the currency's base rate by 0.18%. As China Foreign Exchange Trade system prices presented, the currency slid 0.50% to 6.2275 against the Dollar in Shanghai, which was the biggest loss since December 1, 2008, and touched 6,2334 previously, the weakest level since February 25, 2013, after which lost
The New Zealand Dollar weakened against its 10 major counterparts since investors weigh whether the U.S. economy will be able to withstand tightening of the Fed monetary policy. New Zealand's currency dropped 0.3% to 85.35 U.S. cents as of 6:40 p.m. Sydney time after the 0.7% lost yesterday, the lowest level since February 18 and the Aussie fell 0.2% to 90.27
European stocks dropped since Janet Yellen, Fed Chair, stated that the Fed would probably rise interest rates by the middle of next year. Asian shares fell, while U.S. index futures were almost unchanged. The Stoxx Europe 600 Index lost 0.6% to 325.81 as of 9:19 a.m. London time, the Standard & Poor's 500 Index futures dropped 0.1% and the MSCI
Gold fell and traded near the weakest level in three weeks since investors estimated the Fed decision that signalled possible interest rates hike by the middle of the next year versus the tensions in Ukraine. Gold for immediate delivery gained 0.2% to $1,332.33 at 8:42 a.m. London time, after reaching $1,325.66 today, the weakest level since February 28. and it
The greenback climbed about 0.2% high from the strongest level in three week against its major currency peers, amid speculation the Fed will raise interest rates by next year while further reducing monetary stimulus. The U.S. Dollar almost unchanged at $1,020.11 at 8:08 a.m. in London and added 0.8% yesterday after reaching to 1,021.42, the strongest level since February 27.
The American Dollar appreciated versus the Japan's currency on speculation the Fed Reserve will decide to cut its jobless-rate threshold and adopt special guidance to control the movements of the yield. The U.S. currency advanced 0.2% to 101.60 yen as of 8:22 a.m. in London after it contracted 0.3% on Tuesday trading session. The greenback added 0.1% to $1.3921 per
Gold slid to the lowest settlement in a week in London amid speculation the U.S. Fed will keep cutting stimulus, curbing a safe haven demand. The yellow metal for immediate delivery dropped 0.7% to $1,346.19 as of 9:12 a.m. in London. It touched $1,345.52, the level unseen since March 12, showing the third and the longest drop since December. Bullion
WTI showed the biggest gained in two weeks as EPD announced its plan to double its Seaway pipeline's capacity already in May. West Texas Intermediate crude for April contact grew $1.62 and reached $99.70 a barrel on the NYMEX, the advance unseen since the 3rd of March. April futures' premium to May advanced to 82 cents, the highest price since Feb. 26.
Emerging-market stocks advanced on Tuesday trading session rising for the second successive day led by technology sector companies after the Russia's President Putin said he is not seeking to split Ukraine. The MSCI Emerging Markets Index jumped as much as 0.4% to 946.87 as of 12:40 p.m. London time, while the Russian Mices gauge added 6.3% in the last two
Wall Street equities jumped on Tuesday trading session together with European shares after the Russian Federation President Vladimir Putin declared he doesn't intend to split Ukraine as the Crimea voted to join Russia. The benchmark index Standard & Poor's 500 Index gained 0.1% by 9:35 a.m. New York time, while the Stoxx Europe 600 Index climbed 0.4%.
Trade balance in Italy came in surplus at the beginning of 2014, however the overall surplus fell as exports dropped on weakening demand, a report released by the statistical office Istat unveiled on Tuesday. According to the report, the country's trade surplus totaled 3.68 billion euros in January, down from December's level of 3.7 billion euros.
Consumer prices in the world's largest economy slightly increased in February rising at the same pace as in the month before and matching initial estimates, a report released by the Labor Department showed on Tuesday. The U.S. consumer price index advanced by 0.1% in February mainly due to a gain in food prices overshadowing drop of energy prices.
House price growth in major cities in China advanced further in February, however the increased was slower than in the previous month, a data unveiled by the National Bureau of Statistics showed on Tuesday. According to the data, the Chinese home price growth recorded 0.2% in Beijing and 0.4% in Shanghai, while the average prices gained in 57 cities from
Foreign direct investments in the world's second largest economy advanced at a surprisingly bigger pace in the January-February period, a report published by the Ministry of Commerce unveiled on Tuesday. According to the report, the country's FDI excluding financial sector investments gained 10.44% on an annual basis totaling $19.3 billion.
Russia's currency gained with the Micex Index as the President of Russia, Vladimir Putin, stated there is no intention to divide Ukraine following the Crimea area's voting regarding accession to Russia. The Ruble added 0.2% to 42,6683 versus Bank Rossii's target basket of the Dollars and the Euros at 4:07 p.m. in Moscow. The Micex, which posted a loss last week, climbed 1.8%, reaching the strongest