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Wall Street set to extend highs

July 2nd, 2014 (0)
The rally on Europe’s main equities markets is continuing, after fresh prices data for the eurozone did not contain any unpleasant surprises ahead of this week’s European Central Bank policy meeting. The region-wide FTSE Eurofirst 300 is up 0.4 ...

Hong Kong Stocks Climb From Biggest Drop in Three Months

June 24th, 2014 (0)
Hong Kong stocks gained, with the city’s benchmark index rebounding after falling the most in three months yesterday, as consumer and technology shares rose. China Resources Enterprise Ltd. gained 2.4 percent, with the retailer and brewer leading the Hang ...

Commodities market overview

June 20th, 2014 (0)
A summary of trading in key commodities markets overseas: ENERGY Oil prices soared on escalating violence in Iraq, as government troops recaptured a major refinery and the US said it was sending in military advisers to train Iraqi forces. ...

Yuan to Start Direct Trading With Pound from tomorrow

June 18th, 2014 (0)
China will allow the yuan to be exchanged directly for British pounds from tomorrow in Shanghai as the world’s second-largest economy promotes the use of its currency in global trade and finance. “This is an important step in strengthening ...

Asian Stocks Retreat From Six-Year High as Kiwi Advances

June 12th, 2014 (0)
Asian stocks fell, with the regional benchmark index retreating from its highest close in six years, after U.S. stocks dropped by the most in three weeks. Euronext delayed the opening of cash markets due to a “critical issue” while ...

Copper futures up 0.19 per cent on global cues

June 11th, 2014 (0)
Copper prices moved up by 0.19 per cent to Rs 401.60 per kg in futures trade today as speculators created fresh positions on firm global cues. At the Multi Commodity Exchange, Copper for delivery in June traded higher by ...

Asian stocks weak on world bank growth downgrade

June 11th, 2014 (0)
Asian stock markets were weak on Wednesday, dragged down by the World Bank’s lower global growth forecast. The bank cut its forecast for global economic growth this year to 2.8 percent from the 3.2 percent it forecast in January. ...

Price rises threaten to stifle China easing

June 10th, 2014 (0)
Chinese consumer inflation picked up in May following a dip in April that had raised concerns about the danger of deflation in the world’s second-largest economy. The headline consumer price index rose 2.5 per cent from a year earlier, ...

Asian Stocks Rise With Ringgit; U.S., Europe Futures Gain

June 6th, 2014 (0)
Asian stocks rose for the fourth straight week and emerging-market currencies strengthened after the European Central Bank cut interest rates to fight deflation. The dollar headed for its best week since April versus the yen and U.S. and European ...

Yen Rebounds as Most Asia Stocks Drop With Oil Before ECB

June 5th, 2014 (0)
Japan’s yen rebounded from a one-month low while Euro Stoxx 50 Index futures were little changed before a European Central Bank monetary-policy announcement. Most Asian stocks retreated with oil, and platinum dropped amid talks to end a South African ...
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