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Gold dips as FOMC minutes loom
Wed, 18 May 2016 09:22:04 GMT
 
The bullion weakened ahead of the FOMC meeting minutes release, failing to gain a foothold above the $1,280 mark, as it hovered around the $1,273 level. Gold traded highest during >>
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New Zealand fails to evade deflationary territory
Wed, 18 May 2016 09:06:05 GMT
 
The cost of production inputs along with wholesale prices took a further hit in New Zealand, as Q1 data showed a 1.0% plunge in the Producer Price Index for inputs, which is slightly >>
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Wage growth in Australia – slowest in over 20 years
Wed, 18 May 2016 08:55:12 GMT
 
Australian wage growth became significantly slower in Q1, showing the lowest levels in more than 20 years. The annual growth in the Australian Wage Price Index showed 2.1%, down from >>
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European stocks open lower on Wednesday
Wed, 18 May 2016 08:41:12 GMT
 
Stock exchanges in Europe trailed Asian stocks by opening also lower on Wednesday, as at the session opening UK's FTSE 100 dropped 0.5% to 6,140.13 points and German DAX 30 >>
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Markets expect EIA information on US stockpiles
Wed, 18 May 2016 07:35:13 GMT
 
Crude oil futures on Wednesday were stagnant and stayed just below multi-month highs reached on Tuesday after an API report was published, that US oil stockpiles have decreased during last >>
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Chinese shares fall as US Dollar goes up on Wednesday
Wed, 18 May 2016 07:13:16 GMT
 
Low performance in the US exchanges on Tuesday, due to speculations about future monetary policy, affected start of trading in Asian markets on Wednesday. Hang Seng index fell 1.1% to >>
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European stocks close mostly lower
Tue, 17 May 2016 16:07:07 GMT
 
On Tuesday, Europe's stock markets finished mostly lower. Germany's DAX 30 Index dropped 0.7%, finishing at 9,880.50, whereas the United Kingdom's FTSE 100 Index grew 0.1%, closing at 6,160.00 points. In the >>
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US equities open with losses on Tuesday
Tue, 17 May 2016 14:38:06 GMT
 
The major US stock markets opened Tuesday's trading session in red, following yesterday's successful closing. The Standard and Poor's 500 Index lost 0.14%, opening at 2,063.73 points, whereas the Dow Jones >>
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US housing starts increase more-than-expected in April
Tue, 17 May 2016 14:05:07 GMT
 
In the United States, housing starts grew 6.6% to a 1.17 million-unit pace on a seasonally adjusted basis in April, according to the Department of Commerce. In the meantime, March's >>
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April's US CPI posts largest gain since 2013
Tue, 17 May 2016 13:48:08 GMT
 
The US Department of Commerce reported that consumer prices jumped 0.4% month-over-month in April, surpassing the 0.3% forecast and following the 0.1% increase seen in March. That was the biggest >>
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European markets open high as inflation data looms
Tue, 17 May 2016 13:14:51 GMT
 
European stocks opened strong as the positive sentiment spilled over from global bourses. The DAX 30 index gained 0.5% and showed 10 005.89 points, whilst the FTSE 100 rose 0.4% >>
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Swiss PPI jumps over forecasts
Tue, 17 May 2016 09:39:05 GMT
 
The Producer Price Index climbed 0.3% and surprised analysts who had forecast a 0.1% gain. The occurrence is chiefly surprising because the Consumer Price Index failed to escape the red >>
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UK inflation expected to grow far from target
Tue, 17 May 2016 09:28:05 GMT
 
The UK inflation rate release on Tuesday is anticipated to show a steady 0.5% year-on-year advance for April, continuously showing the highest level in 15 months. The forecast is disappointingly >>
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Surprise UK inflation data driven by air fare plunge
Tue, 17 May 2016 09:17:45 GMT
 
The UK CPI fell short of analyst expectations as the data release showed a 0.1% monthly decrease in the measure for April, missing the predicted 0.3%, with air fares, clothing >>
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Asian markets end higher on Tuesday
Tue, 17 May 2016 08:16:09 GMT
 
Increase in oil prices lifted trading mood not only in US, but also in Asia, as energy and resource stocks became top performers. Japanese Nikkei 225 index surged 1.1% to >>
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