The majority of Asian shares increased on Tuesday trading session with the Japanese benchmark stock index rebounding from the weakest level in six weeks before the U.S. Federal Reserve policy meeting today as safe-haven demand gains. The MSCI Asia-Pacific gauge outside Japan added 0.3% and the Japan's Nikkei 225 rose 0.9%.
European stocks declined on Tuesday trading session as with the Japanese currency increased as investors seek for safe-haven assets ahead of the Federal Reserve policy meeting later today and as Ukraine's Crimea voted to join Russian. The benchmark FTSEEurofirst 300 fell earlier on the session, while Asian stocks increased.
Bullion extended a drop from the highest mark in more than half a year ahead of the Federal Reserve meeting today, as the U.S. data beat estimates. The yellow metal for immediate delivery dropped as much as 0.7% to $1,357.13 an ounce and was little changed at $1,360.62 as of 3:33 p.m. in Singapore. Prices advanced to $1,392.22 on Monday trading
The Aussie keeps advancing versus its major counterparts as the Reserve Bank of Australia policy makers held the interest rate unchanged. Australian currency remained stable at 90.75 U.S. cents as of 4:55 p.m. in Sydney from 90.87 on Monday trading session, when it gained 0.7%. The Australian Dollar earlier reached 91.10, an exchange rate unseen since trading at 91.33 on
The Japanese Yen gained as President Vladimir Putin expressed his support to a request from Crimea and an intention to sign an accession treaty even after U.S. and the West imposed sanctions, boosting safe haven demand. Japanese currency added 0.2% to 101.64 per greenback as of 7:47 a.m. London time after it depreciated 0.4% on Monday trading session. The Yen
Emerging-market equities increased on Monday trading session rising form the lowest level in four weeks as Russian shares gained after the Ukraine's Crimea referendum during the weekend passed without any violation. The MSCI Emerging Market gauge advanced as much as 0.6% to 943.72 as of 10:56 a.m. New York time.
West Texas Intermediate oil dropped on Monday trading session together with falling Brent crude amid speculation that oil shipments from Russia to Europe are unlikely to be disrupted by this weekend's referendum showing that the Ukraine's Crimea voted to join Russia. WTI slipped 1.2% on the session, while the European benchmark Brent crude fell by 1.7%.
Manufacturing output in the world's largest economy increased in February rebounding after January's drop, while the overall industrial production climbed, a report published by the Federal Reserve showed on Monday. According to the report, the U.S. industrial output gained by 0.6% in February following a 0.2% slide in the month before.
Unemployment rate in the city state Hong Kong remained flat in the three months to February from the period during November to January, a report released by the Census and the statistical office showed on Monday. According to the report, the country's jobless rate recorded 3.1% in the February quarter matching economists' estimates.
Manufacturing sector in the New York area improved in March, however the pace of growth in the sector was lower than originally estimated, a report released by the Federal Reserve Bank of New York unveiled on Monday. According to the report, the New York area general business condition gauge gained from 4.5 points in February to a level of 5.6
A leading index of economic activity in Spain advanced at the beginning of this year following a drop in December, the latest data revealed by the Conference Board showed on Monday. According to the data, the Spanish leading economic index rose by 0.8% on a sequential basis in January to a level of 106 points, while in December it slipped
Employment in Germany's manufacturing sector improved at the beginning of this year, however the total figure of hours worked declined in January, a report published by the statistical office Destatis showed on Monday. According to the report, the country's employment gained by 0.8% rising by 40,000 persons employed in the sector.
House prices in the United Kingdom increased in March rising towards the strongest level all-time amid signs of recovery and improvement in mortgage market demand, a report published by the private company Rightmove showed on Monday. According to the report, the U.K. residential property prices gained by 1.6% in March after increasing by 3.3% in the month before.
Annual inflation in the euro-area slipped in the month of February missing initial forecast of economists and raising concerns over further interest rates cuts, a report revealed by the statistical office Eurostat unveiled on Monday. The report showed that the Eurozone inflation recorded 0.7%, down from January's level of 0.8%.
Russian stocks increased on Monday trading session rising after the Ukraine's Crimea voted in a referendum last weekend in favour of Crimea joining with the Russian Federation and easing the tension as the referendum passed without violence. The RTS gauge gained as much as 1.4% to 1,078 points, while the MICEX added 1.3% to 1,254.
The Chinese currency declined on Monday falling against the U.S. Dollar after the People's Bank of China doubled the daily fixing to the Greenback in order to fulfill a commitment to let the market play bigger role in the region's economy. The Yuan opened today at $6.15 per U.S. Dollar and it dropped to $6.1642 later during the session.
Wall Street futures advanced earlier on Monday session rebounding from a notable decline recorded last week after referendum in Ukraine's Crimea passed without any violence. The Dow Jones industrial average gained 85 points, the Standard & Poor's 500 Index increased 9.5 points and the Nasdaq Composite index added 22.75 points.
Global shares increased on Monday trading session rising from the lowest level in four weeks as the Japanese currency slipped amid signs that the geopolitical tension in the Ukraine's Crimea eases after this weekend's referendum passing without major violence. The MSCI world equity gauge tracking shares from 45 countries gained as much as 0.1% after falling to one-month low last
The U.S. currency increased on Monday rising against the euro-area currency and the Japanese Yen as European and the U.S. shares gained on the session amid signs that the Ukraine's Crimea geopolitical tension eases. The so-called Greenback added as much as 0.45% to 101.78 yen, near its lowest level in two weeks at 101.205, while it gained to $1.3889 per
The European currency held firm on Monday trading session and traded near its long-term highs versus the U.S. Dollar after a government report showed that inflation in the 18-ation bloc declined last month suggesting that the ECB may loosen its monetary policy. The Euro dropped 0.2% ti $1.3889 and it was seen near two-and-a-half year high at $1.3967.
Australia's currency appreciated versus all of its major counterparts, as Westpac renounced its predictions for further RBA yield cuts in 2014. The Aussie strengthened as much as 0.4% to 90.62 U.S. cents at 6:12 p.m. in Sydney from Friday trading session, after it dropped earlier 0.4%. The currency contracted 0.4% last week. The Australian Dollar advanced 0.6% to 92.05 yen,
Copper in London almost reached a 44-month low after China increased the trading limits of the Yuan against the greenback. The metal for July delivery traded at $6,466.75 a metric ton as of 10:39 a.m. in Hong Kong after it added as much as 0.3% and dropped as much as 0.4%. The contract was little changed at $6,415 on Thursday
The Japanese Yen dropped for the first time in six days versus the greenback as Russian stocks gained after Crimea's referendum to split from Ukraine and a rise in tensions between the Russian Federation and the EU. Japan's currency contacted as much as 0.4% to 101.79 per greenback at 8:41 a.m. London time after it advanced 1.9% last week. The
Gold is heading to the highest price in more than a half year, completing the longest advance since August 2011, as a vote in the Black Sea peninsula to split from Ukraine and join Russia boosted a safe haven demand. The yellow metal for immediate delivery touched $1,383.53 an ounce as of 3:25 p.m. in Singapore after $1,383.05 on Friday