Iron ore futures hits 3-month high
Iron ore futures jumped more than 3 per cent in China on Thursday. Photo: Manfred Gottschalk Iron ore futures in China jumped more than 3 per cent on Thursday to their highest since March, extending...
View Articleneed2know: Flat start in store, oil jumps
Local stocks are set to open little changed on the back of a mixed night on global markets, , while the price of crude oil surged. What you need2know SPI futures up 3 points to 5465 AUD at 76.84 US...
View ArticleAsian shares pare losses as China markets rally
By Lisa Twaronite TOKYO (Reuters) - Asian shares pared earlier steep losses on Monday after Chinese markets rallied as investors focused on some of the bright spots in separate surveys of Chinese...
View ArticleJakarta index slips 2 percent following gloomy trade data
Share prices on the Indonesian Stock Exchange (IDX) plunged nearly 2 percent on Monday following the announcement of more weak trade data and negative sentiments in regional stock markets. Price...
View ArticleUPDATE 1-Japan corp sentiment dips on inventory adjustment, rebound seen
(Adds economist's quote, details on capital expenditure) * Big manufacturers' sentiment worsens to -6.0 in Q2 * Sentiment expected to improve to +13.2 * Capex seen up 5.9 pct in FY2015/16 * Sentiment...
View ArticleChina steelmakers cut output forecast
Chinese steelmakers are deepening the first production cuts in a quarter century as the bull market in iron ore drives up costs and squeezes profits. Crude steel output will shrink by as much as 2...
View ArticleEuropean markets inch higher
Related articles Bonds follow rand weaker JSE follows Asian markets firmer Rand weaker at start of risk-laden week LONDON — European stock markets inched higher on Monday, putting aside concerns over...
View ArticleBeware false dawns in the iron ore market: Andy Home
LONDON Markets do not move in straight lines. It's an age-old truism that the iron ore market would do well to remember. The spot iron ore price as assessed by The Steel Index fell relentlessly over...
View ArticleCanadian manufacturing output rises for the first time in four months in May...
(Source: RBC - Royal Bank of Canada) RBC PMI reaches its highest level since January in May TORONTO, June 1, 2015 - the latest RBC Canadian Manufacturing Purchasing Managers' Index™ (RBC PMI™) survey...
View ArticleChina manufacturing index at six-month high: govt
China's manufacturing index hit a six-month high in May, with production picking up and demand increasing, official data showed Monday, boding well for the world's second-largest economy that is stuck...
View ArticleSlowdown price worth paying for sustainable future
It is true that the Chinese economy is slowing in a way that might be making its economic transformation towards steady but sustainable growth more painful than expected. However, the difficulty in...
View ArticleFive reasons why Sensex slipped over 450 points
MUMBAI: The Indian stock market is the worst performing in Asia today. The 50-share Nifty slipped below its support level of 8,000. The S&P BSE Sensex lost over 450 points in trade, after...
View ArticleEconomic sentiment sinks to lowest level in 18 months
The mood regarding the economy in Greece is at its gloomiest in the last 18 months as the uncertainty over the future grows and fears of the worst are far from banished, according to a survey on...
View ArticleCanadian manufacturing output rises for the first time in four months in May
TORONTO, June 1, 2015 /CNW/ - The latest RBC Canadian Manufacturing Purchasing Managers' Index™ (RBC PMI™) survey highlighted that manufacturing production grew in May, ending a three-month period of...
View ArticleJSE closes flat as global markets dampen sentiment
Related articles Rand softer in volatile trade Bonds weaker on higher US PPI data Gold hurt by dollar, US data, but still set for weekly gain AFTER trading positive for most of the day the JSE, for the...
View ArticlePlatts Pre-Report Survey of Analysts’ EIA Estimates Suggests 2.4 Million...
(Source: Platts) New York - June 15, 2015 Platts Survey of Analysts •Crude oil stocks down 2.4 million barrels •Gasoline stocks down 750,000 barrels •Distillate stocks up 900,000 barrels •Refinery...
View ArticleAsian shares slip as Chinese imports disappoint
TOKYO — An index of Asian shares extended losses on Monday after Chinese imports declined more than expected, while the dollar was higher after upbeat US employment data raised bets that the US central...
View ArticleIron ore rally short-lived and self-defeating: Goldman Sachs
Miners and Australian equities investors may have rejoiced when the iron ore prices rallied in April but their relief will be short-lived as the price will inevitably decline, warns a leading...
View ArticleS. Korea's export fall accelerates for five months
SEOUL, June 1 (Xinhua) -- South Korea's exports tumbled more than 10 percent in May, boosting worries about the export-driven economy, a government report showed Monday. Exports, which account for...
View ArticleValley economic index indicates continued growth (California State...
(Source: California State University, Fresno) Last month's San Joaquin Valley Business Conditions Index fell from April's reading but nonetheless continues to point toward economic growth. The overall...
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