European shares advanced the most in four weeks after manufacturing data topped the forecasts and as Fed's policy meeting is awaited by investors. The Stoxx Europe 600 Index added 0.9% to 312.66 as of 1:03 p.m. London time, however, the equity-benchmark declined for two consecutive days. Standard & Poor's 500 Index futures added 0.6%, while the MSCI Asia Pacific Index
U.S. stock-index futures rose, after they posted the biggest one-week decline in approximately four months, as investors speculated on when the Fed will start tapering its monetary policy. Standard & Poor's 500 Index futures expiring on March advanced 0.5% to 1,777.5 as of 7:34 a.m. New York time, reversing a previous drop of 0.8%. Dow Jones Industrial Average futures added
The British currency climbed for the first day out of last four against the U.S. Dollar after U.K. house prices fell for a second straight month in December. The Sterling added 0.2% to $1.6327 at 7:45 a.m. in London, after touching $1.6263 on December 13, the weakest level in more than a month. The Pound traded at 84.28 pence per
German shares gained slightly, following two weeks of declines, as Fed's two-day policy meeting that starts tomorrow is awaited by investors. The DAX Index rose less than 0.1% to 9,006.72 as of 9:10 a.m. Frankfurt time, while the HDAX Index was little changed. The biggest gainers on the DAX were Deutsche Telekom AG and Commerzbank AG, while Daimler AG and
The U.S. Dollar fell versus the 17-nation currency and the Japanese Yen as the investors speculated on U.S. data to forecast when the Fed will start tapering its monetary stimulus programme. The greenback slid 0.2% to 103.03 Yen at 10:14 a.m. in London, after reaching 103.92 Yen on December 13. The U.S. Dollar slipped 0.2% to $1.3765 per Euro, while
German government bunds increased on Monday gaining for the second successive session before a government report showed that manufacturing and service sector in the 17-nation bloc accelerated for the sixth straight month in December. Germany's benchmark 10-year bunds yielded two basis points lower at 1.81% as of 7:19 a.m. in London, the least since December 5.
U.S Treasuries advanced on Monday rising for the second successive day after a government report in China showed that factory output in the country accelerated at a slower pace than forecast spurring a demand for safe-haven bonds. The U.S. benchmark 10-year yield slipped 2 basis points traded at 2.84% by 3:42 Tokyo time.
European shares slipped on Monday with the local benchmark index Stoxx Europe 600 falling for the second straight week after a government report showed that manufacturing activity in China dropped last month and as investors weighed a timing of stimulus scale-back. Euro Stoxx 50 Index with this week's expiration slid 0.2% to 2,916 by 7:13 a.m. London time.
Wall Street shares declined on Monday pushing the benchmark indexes down from their all-time highs before tomorrow's policy meeting of the U.S. Federal Reserve that may bring a monetary easing scale-back. The Standard & Poor's 500 Index shed 0.5% to 1,759.80 as of 12:51 p.m. Hong Kong time, while the Down Jones industrial average lost 0.4% to 15,633.
Gold declined on Monday as holdings in the fourteen largest gold-backed exchange-traded products dropped the most in 32 years falling by 32% to 1,813.7 metric tons this year, while last year ETP gold investments recorded $148 billion, the highest increase since 2001. Gold for immediate settlement traded at $1,234.6 an ounce as of 12:32 p.m. Singapore time, 36% less from
Stock-indexes in Asia recorded declined on Monday with the regional gauge falling to the lowest level in three months as manufacturing in China declined last month and before tomorrow's policy meeting of the U.S. Fed. Japan's Topix fell 1.3%, the Australia's S&P/ASX 200 Index slipped 0.2%, the New Zealand's NZX Index added 0.4%, the Hang Seng Index shed 0.5% and
West Texas Intermediate crude declined on Monday with the volume of traded futures falling below a 100-day average after a survey showed that prices of the WTI are forecast to slip this week amid weaker fuel demand in the U.S., the world's largest consumer of the commodity. WTI for settlement in January slipped 26 cents to $96.34 a barrel on
European benchmark Brent crude advanced on Monday rebounding from the largest weekly fall since October after a Libyan reel leader Al Jerdan rejected conditions of the government to reopen three oil ports pushing the Africa's oil reserves down to 210,000 barrels a day in November. Brent for delivery in January expiring today rose 73 cents to $109.56 a barrel on
Emerging-market equities slipped on Monday with the regional benchmark index dropping to the lowest level in a month after a report showed that manufacturing activity in China accelerated less than expected last month and as investors weighed a possible tapering of the U.S. stimulus The MSCI Emerging Markets Index shed 0.2% to 988.94 by 1:34 p.m. Hong Kong time.
The majority of Indian shares dropped on Monday pushing the local benchmark index Sensex lower after a government report showed that the main gauge of inflation in the country advanced more than originally expected. The S&P BSE Sensex declined 0.2% to 20,680.65 as of 12:17 p.m. Mumbai time with three stocks falling to every two rising.
The Australian currency declined on Monday falling ahead of tomorrow's release day of minutes from the Reserve Bank of Australia's Governor Glenn Stevens speech on policy meeting last week and as investors wait for an outcome of the Fed's meeting on December 17 and 18. The Aussie slid 0.1% to 89.53 U.S. cents as of 4:52 p.m. Sydney time following
The Japanese currency strengthened on Monday rebounding from the lowest level in five years as investors weighed U.S. economic data before a policy meeting of the U.S. Federal Reserve that is forecast to bring a monetary policy tightening. The Yen jumped 0.4% to 102.84 per U.S. Dollar by 6:35 a.m. London time and increased 0.3% to 141.45 a Euro.
Annual inflation in India accelerated in November with the main inflation gauge rising by more than economists originally expected as primary articles prices increased 15.92% and food prices added 19.93%, the Ministry of Commerce showed in a report on Monday. India's wholesale inflation index gained from 7% to 7.52% on an annual basis in November.
A weekly leading indicator forecasting a future performance of the U.S. economy recorded a decline in the week until December 6, a report published by the ECRI unveiled on Friday. According to the report, the U.S. annual growth is expected to slow down as the index showed a fall from 132.7 to 131.4 last week with the growth dropping from
Service sector performance index in New Zealand recorded a slight decline in the month of November, however, the figure stayed above a level of 50 suggesting an expansion in the sector. A report revealed by the Business New Zealand showed on Monday. According to the report, New Zealand's service sector index fell from 57.7 in October to 56.3 in the
The majority of Asia's stocks declined on Monday as investors awaited for an outcome before the U.S. Federal Reserve policy meeting this week on December 17 and 18 that may bring a scale-back of its monetary easing currently totalling $85 billion a month. The MSCI broadest Asia-Pacific gauge outside Japan fell 0.3%, while Shanghai index slipped 1.6% on China's factory
Property prices in one of the most attractive countries in Asia, Singapore, climbed 13% in November of this year, as the number of new projects increased. The total amount of sales reached 1,228 units of property versus 1,087 a year ago. At the same time, on a monthly basis prices rose 15%. Economists say that an increase in prices happened,
The Index of business sentiment from Tankan survey, which measures the activity level among Japanese manufacturers, jumped to 16 points in the current quarter of this year from 12 points three months ago. Analysts, in turn, expected the index for large producers to climb to 15 points. At the same time, the medium-sized manufacturers have seen an index increase to
Activity in the manufacturing sector of China continued to increase in December of this year, as the benchmark PMI Index from the HSBC Bank, which evaluates the activity level in this sector of Chinese economy, decreased slightly to 50.5 points. The PMI stood at 50.8 points a month ago, while economists predicted the activity index for the country's manufacturing to