Wall Street tumbled on Monday

Note: This section contains information in English only.
Source: Reuters
On Monday, July 23, Wall Street tumbled as Greece exit from Eurozone is getting more possible, Spain's economy is getting worse and U.S. major companies, such as McDonalds, report on lower-than-expected profit. The Dow Jones Index declined by 1.65 per cent, to 12,611.15, the S&P 500 Index dropped 1.54 per cent, to 1,341.74, while the Nasdaq Composite Index erased 2.17 per cent, to 2,861.83.
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Mon, 23 Jul 2012 15:56:30 GMT

Gold pulls back after a two-day rally

Precious metal dropped on Monday after a two-session rise, pressured by Spain and Greece worsening economic situation. Gold futures for August settlement erased 0.8 per cent, to $1,571 per ounce, after gaining $12 during last two sessions. At the same time, other precious metals also declined, with September silver down 1.7 per cent, to $26.85 per ounce, September copper lost 2.9 per cent, to $3.35 per

Mon, 23 Jul 2012 13:37:29 GMT

Australian PPI beats forecasts

Australian quarterly PPI data was released today by the Australian Bureau of Statistics, and the latest reading (+0.5%) beat the forecast of 0.3% growth amid the previous quarter's slump of -0.3%. On overall, the reading makes up a 1.1% PPI growth through the 2012. The main contributors of the rise were agriculture (10.9%), oil refining (4.3%). Meanwhile, the growth was held back

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