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Commodities: Metals tumble in Europe, oil falls on profit taking

Commodities: Metals tumble in Europe, oil falls on profit taking

Fri, 31 July 2015

(ShareCast News) - Oil benchmarks traded lower on Friday, with industrial metals continuing in negative territory with little respite in sight for the precious metals market. At 1502 BST, the Brent fr... [more]

US employment costs slowdown sharply in second quarter

US employment costs slowdown sharply in second quarter

Fri, 31 July 2015

(ShareCast News) - The cost of employment in the US came to a sharp slowdown in the second quarter, data released on Friday showed. The employment cost index rose 0.2% in the second quarter compared w... [more]

Beijing chosen as host city for 2022 Winter Olympics

Beijing chosen as host city for 2022 Winter Olympics

Fri, 31 July 2015

(ShareCast News) - Beijing will become the first city to host both Summer and Winter editions of the Olympic and Paralympic Games, after being chosen by the International Olympic Committee as host cit... [more]

Eurozone unemployment rate unchanged in June

Eurozone unemployment rate unchanged in June

Fri, 31 July 2015

(ShareCast News) - The rate of unemployed people in the Eurozone remained unchanged in June, data released on Friday showed. The jobless rate was unchanged at 11.1% for the third consecutive month, al... [more]

Eurozone core inflation holds steady in July

Eurozone core inflation holds steady in July

Fri, 31 July 2015

(ShareCast News) - Consumer prices in the Eurozone edged slightly higher in July, data released on Friday showed. According to the European Union's statistics agency, consumer prices in July rose 0.2%... [more]

German retail sales fall unexpectedly in June

Fri, 31 July 2015

(ShareCast News) - German retail sales slumped unexpectedly in June but surged ahead from the year-earlier period, data released on Friday showed. Retail prices declined 2.3% month-on-month in June ag... [more]

IAG CEO opposes Heathrow expansion

Fri, 31 July 2015

(ShareCast News) - The chief executive of British Airways owner International Airlines Group on Friday said the group does not support the building of a new runway at London's Heathrow Airport due to ... [more]

Automated trading investigated by China watchdog

Fri, 31 July 2015

(ShareCast News) - The China Securities Regulatory Commission (CSRC), the country's securities watchdog launched an investigation into the impact of automated trading on market shares, as the authorit... [more]

UK consumer confidence declines in July, GfK says

Fri, 31 July 2015

(ShareCast News) - UK consumer confidence declined in July, driven by anxiety over the potential Grexit meltdown and concerns about the general economic situation, according to a market survey publish... [more]

IMF will not be able to approve third Greek bailout

Thu, 30 July 2015

(ShareCast News) - Greece may find it more difficult to secure a third bailout after International Monetary Fund officials argued that the country would not be eligible for further loans, according to... [more]

Rio de Janeiro's waters full of sewage ahead of 2016 Summer Olympics, report says

Thu, 30 July 2015

(ShareCast News) - Athletes competing in water sports in Rio 2016 Summer Olympics risk becoming ill and unable to compete in the games, an investigation by Associated Press found. The newswire carried... [more]

US unemployment claims rise by less than was expected

Thu, 30 July 2015

(ShareCast News) - Initial US unemployment claims rose by less than economists had forecast in the latest week. Over the seven days ending on 25 July initial claims increased by 12,000 to reach 267,00... [more]

US GDP undershoots in second quarter but revisions compensate

Thu, 30 July 2015

(ShareCast News) - Economic activity in the US climbed in the second quarter of the year to a reach an annualised pace of 2.3%. Analysts had pencilled in a rate of expansion of 2.5%. However, the pac... [more]

Goods prices weigh on German CPI in July

Thu, 30 July 2015

(ShareCast News) - Consumer prices in Germany slipped slightly lower in July dragged lower by prices for goods. The country's consumer price index edged lower to reach a 0.2% year-on-year pace in July... [more]

Tsipras collides with Syriza dissenters, suggests internal ballot

Thu, 30 July 2015

(ShareCast News) - Speaking to the Syriza committee in Athens on Thursday, Greek Prime Minister Alexis Tsipras spoke out against rebels within his party for not backing his €86bn deal with intern... [more]

Commodities: Oil rises in European trading, metals back in negative territory

Thu, 30 July 2015

(ShareCast News) - Oil was trading higher in Europe on Thursday, with base metals back in the red as concerns over China's economic performance coupled with a stronger dollar dominated wider market ch... [more]

China accuses US of militarising the South China Sea

Thu, 30 July 2015

(ShareCast News) - China's Defence Ministry on Thursday accused the US of "militarising" the South China Sea by staging patrols and military forces in the area, amid regional tensions. Chinese Defen... [more]

Athens stock market not likely to open this week

Thu, 30 July 2015

(ShareCast News) - Greece's stock market is not likely to re-open this week, the Athens Stock Exchange (ASE) has said. Reports all this week had suggested the stock market could reopen this week, but ... [more]

Spanish GDP continues growing at a healthy pace

Thu, 30 July 2015

(ShareCast News) - Spain's economy grew 1% in the second quarter, up from 0.9% in the first quarter of the year, according to a preliminary gross domestic product estimate from the country's statistic... [more]

UK denies business visa to Chinese dissident Ai Weiwei

Thu, 30 July 2015

(ShareCast News) - British government denied UK business visa to Chinese dissident artist Ai Weiwei, claiming he has been convicted of a crime and that he lied on his visa application by not declaring... [more]

Federal Reserve statement leaves September US rate hike on the cards

Wed, 29 July 2015

(ShareCast News) - The Federal Reserve's held interest rates steady, but subtly different comments left the market feeling slightly more confident about the timing of rate lift-off. The US central ban... [more]

US pending home sales fall in June

Wed, 29 July 2015

(ShareCast News) - US pending home sales fell unexpectedly in June, data released on Wednesday showed. The index from the National Association of Realtors (NAR) declined 1.8% month-on-month in June, p... [more]

Commodities: Oil benchmarks firm up in Europe, after dropping to six-month low

Wed, 29 July 2015

(ShareCast News) - The commodities market remained on a rocky footing on Wednesday, as oil benchmarks firmed up near six-month lows with spot precious metals also stabilising at relatively lower level... [more]

US mortgage application edge higher in week to 24 July, MBA says

Wed, 29 July 2015

(ShareCast News) - Applications for US home mortgages grew last week, data released on Wednesday showed. The Mortgage Bankers Association (MBA) said its seasonally adjusted index of application activi... [more]

Greece may call early election, admits Tsipras

Wed, 29 July 2015

(ShareCast News) - Greek prime minister Alexis Tsipras has admitted that the country may have to call an early election due to rebels within his Syriza party. Speaking on local radio station Sto Kokki... [more]

NASDAQ 100 Top Risers

Name Last Chg.% Time
Expedia Inc. 121.44 12.85 22:10
Amgen Inc. 176.59 2.85 21:50
Staples Inc. 14.71 2.72 22:10
Netflix Inc. 114.31 2.47 22:09
Discovery Communications Inc. Class A 33.02 2.45 22:10

NASDAQ 100 Top Fallers

Name Last Chg.% Time
Micron Technology Inc. 18.51 -6.98 21:54
Yahoo! Inc. 36.67 -2.00 22:10
Avago Technologies Ltd. 125.14 -1.97 22:10
Broadcom Corp. 50.61 -1.44 22:10
Seagate Technology Plc 50.60 -1.35 22:10