http://www.rttnews.comGlobal financial news, market analysis, economics and forex newsen-usTue, 22 May 2013 01:00:06 GMTIndian shares ended a choppy session notably lower on Tuesday, mirroring weak global cues as investors turned their focus to Fed chairman Ben Bernanke's Congressional testimony to Congress and the release of the Fed's May minutes due this Wednesday for cues on the outlook for interest rates.http://www.rttnews.com/story.aspx?Id=2122018Tue, 21 May 2013 11:19:38 GMTAsian stocks turned in a mixed performance on Tuesday, with investor attention solely focused on Fed chairman Ben Bernanke's Congressional testimony to Congress and the release of the Fed's May minutes due this Wednesday for cues on the outlook for interest rates. The U.S. dollar edged higher after weakening against major currencies the day before following Moody's report warning of a possible U.S. debt downgrade if Congress and the White House fail to act on the government's budget problems in 2013.http://www.rttnews.com/story.aspx?Id=2121941Tue, 21 May 2013 09:25:26 GMTIndian shares are rising in early trading on Tuesday despite weak Asia cues. The Asian markets are broadly lower as investors shifted their focus to Fed Chairman Bernanke's testimony on the economic outlook to Congress and the release of the Fed's May minutes on Wednesday. The rupee is edging higher, tracking a weaker dollar overseas and as the RBI said FIIs are permitted to invest in inflation-linked bonds within their existing limit of $25 billion set for investments in government bonds. http://www.rttnews.com/story.aspx?Id=2121766Tue, 21 May 2013 04:30:54 GMTAsian stock markets are exhibiting a mixed trend on Tuesday with investors mostly treading cautiously amid a lack of fresh triggers. The overnight weak close on Wall Street is weighing on sentiment to an extent. Also, following recent strong upmove, investors appear a bit reluctant to indulge in any aggressive buying for now.http://www.rttnews.com/story.aspx?Id=2121752Tue, 21 May 2013 03:36:30 GMTIndian shares are seen opening little changed on Tuesday, tracking mixed global cues. State-owned lenders could be in focus after Finance Minister P. Chidambaram favored mergers in the banking industry to help create two-three global sized banks.http://www.rttnews.com/story.aspx?Id=2121744Tue, 21 May 2013 02:59:44 GMTThe Australian stock market is trading weak on Tuesday with investors pressing sales, tracking cues from Wall Street where stocks ended slightly lower overnight amid a lack of fresh triggers.http://www.rttnews.com/story.aspx?Id=2121719Tue, 21 May 2013 01:28:52 GMTIndian shares reversed direction to end modestly lower on Monday. With the rupee trading weak close to 55 levels, investors chose to take some profits off the table following recent sharp gains. The dominating factor at the moment is the strengthening of the U.S. dollar as signs of an improving U.S. economy led to speculation that the Federal Reserve is close to winding down its massive bond-buying program earlier than expected. http://www.rttnews.com/story.aspx?Id=2121211Mon, 20 May 2013 11:21:52 GMTAsian stocks rose on Monday, extending a two-week rally, as an upbeat reading on U.S. consumer confidence bolstered optimism about the economic recovery in the world's largest economy. Adding to the positive sentiment, the Japanese government upgraded its assessment of the economy for the first time in two months, saying it expects economic recovery to resume gradually, supported by improvement in confidence and export conditions as a weak yen helped revive the country's exports and factory output. http://www.rttnews.com/story.aspx?Id=2121115Mon, 20 May 2013 09:24:55 GMTIndian shares rose on Monday, taking cues from global markets after Friday's data showed U.S. consumer sentiment rebounded to its highest level in nearly six years in early May. http://www.rttnews.com/story.aspx?Id=2120943Mon, 20 May 2013 04:29:46 GMTAsian stock markets are mostly trading higher on Monday, tracking the positive cues on Friday from Wall Street where upbeat U.S. economic data and comments from a Federal Reserve official boosted investor sentiment. Meanwhile, the South Korean stock market is trading in negative territory on geopolitical concerns.http://www.rttnews.com/story.aspx?Id=2120933Mon, 20 May 2013 03:44:18 GMTIndian shares are set to open higher on Monday, mirroring firm global cues. Q4 results will continue to remain in focus, with SBI, Tata Steel, Larsen & Toubro and Jet Airways set to announce their earnings results this week. http://www.rttnews.com/story.aspx?Id=2120930Mon, 20 May 2013 02:58:22 GMTThe Japanese stock market hit a new five-and-a-half year high on Monday, buoyed by Wall Street's gains on Friday and a weaker yen.http://www.rttnews.com/story.aspx?Id=2120929Mon, 20 May 2013 02:55:19 GMTThe Australian stock market is trading higher on Monday, tracking the positive cues on Friday from Wall Street, where stocks benefited from some upbeat U.S. economic data as well as comments from a Federal Reserve official.http://www.rttnews.com/story.aspx?Id=2120914Mon, 20 May 2013 01:49:34 GMTIndian shares rose for a fourth straight session, driven by renewed FII buying. The benchmark 30-share BSE Sensex ended a choppy session up 39 points or 0.19 percent higher at 20,286, with 16 of its components advancing. The broader Nifty index rose 17 points or 0.28 percent to 6,187. Power, capital goods and realty stocks led the gainers, while consumer durable, healthcare, metal and oil/gas stocks ended on a downbeat note. http://www.rttnews.com/story.aspx?Id=2120396Fri, 17 May 2013 11:22:46 GMTAsian stocks ended mostly higher on Friday despite concerns about the state of the U.S. economy and uncertainty over the prospects of the Fed winding down its bond-buying program. Trading volumes, however, remained thin due to holidays in Hong Kong and Seoul. The dollar held firm near a 10-month against the other major currencies, keeping commodity prices in check. http://www.rttnews.com/story.aspx?Id=2120300Fri, 17 May 2013 09:03:53 GMTIndian shares are little changed on Friday, as investors paused for breath following three days of successive gains. Other Asian markets are trading mostly higher despite fresh concerns about the state of the U.S. economy. Benchmark indexes in New Zealand and Singapore are subdued, while stocks elsewhere are posting modest gains. The markets in Hong Kong and South Korea are closed for holidays. http://www.rttnews.com/story.aspx?Id=2120141Fri, 17 May 2013 04:34:39 GMTAsian markets are trading in positive territory on Friday with investors indulging in some selective buying, despite weak cues from Wall Street where stocks ended lower overnight amid some disappointing economic data.http://www.rttnews.com/story.aspx?Id=2120136Fri, 17 May 2013 03:35:18 GMTIndian shares may crawl higher on Friday, extending recent gains, as foreign institutional investors (FIIs) continue to pump in liquidity into the markets. FIIs bought shares worth over Rs. 1,070 crore yesterday on a net basis, provisional data from stock exchanges showed. Benchmark indexes Sensex and the Nifty closed up 0.2 percent and 0.4 percent, respectively on Thursday after hitting 30-month highs early in the session. http://www.rttnews.com/story.aspx?Id=2120132Fri, 17 May 2013 02:57:33 GMTAfter opening notably lower on Friday due to profit taking, the Japanese market pared some losses subsequently with the yen's slight decline triggering some buying at lower levels.http://www.rttnews.com/story.aspx?Id=2120130Fri, 17 May 2013 02:19:08 GMTDespite a weak lead from Wall Street where stocks edged lower overnight on some weak economic data, the Australian market is trading higher on Friday with investors picking up mining, energy and financial stocks.http://www.rttnews.com/story.aspx?Id=2120114Fri, 17 May 2013 01:40:35 GMTDespite positive cues from Wall Street, where stocks ended higher overnight, Asian stock markets are exhibiting a mixed trend on Thursday. Though most of the markets in the region opened on a buoyant note, some of them retreated soon with investors choosing to take some profits, cashing in on recent gains.http://www.rttnews.com/story.aspx?Id=2119151Thu, 16 May 2013 03:46:04 GMTThe Japanese stock market opened higher on Thursday and the Nikkei rose to 15,155, its highest level since late December 2007, as stocks moved up in early trades, buoyed by an encouraging GDP report and the overnight gains on Wall Street.http://www.rttnews.com/story.aspx?Id=2119134Thu, 16 May 2013 02:13:37 GMTAfter edging higher in early trades, the Australian stock market is trading slightly weak on Thursday, with investors taking some profits at some counters. Selling in resources stocks following a weak trend in commodities prices is also contributing to the market's decline from higher levels.http://www.rttnews.com/story.aspx?Id=2119117Thu, 16 May 2013 01:47:31 GMTIndian shares rallied to a 28-month high on Wednesday, buoyed by rate cut hopes after RBI Governor D Subbarao said the central bank will take note of falling inflation when discussing potential interest rate cuts. Rate-sensitive realty, banking and auto stocks spearheaded the rally, while IT stocks underperformed to end with modest gains. http://www.rttnews.com/story.aspx?Id=2118357Wed, 15 May 2013 11:23:41 GMTAsian stocks rose broadly on Wednesday on optimism over growth in the U.S. economy. Japan's Nikkei index rallied to end above the 15,000 mark for the first time since December 2007 on further weakening of the yen and India's Sensex rallied over 2 percent to regain the 20,000 mark on growing hopes of another interest rate cut in June, while stocks elsewhere posted modest gains, awaiting U.S. data on industrial production and homebuilder confidence scheduled to be released later in the global day. Another batch of upbeat data might add credence to the talk of a possible exit strategy from the Federal Reserve. http://www.rttnews.com/story.aspx?Id=2118218Wed, 15 May 2013 09:12:27 GMTIndian shares rose sharply on Wednesday, with rate-sensitive realty, banking and auto stocks spearheading the rally, after Reserve Bank of India Governor Duvvuri Subbarao said he was "very happy" about falling inflation and the central bank will take note of it when discussing potential interest rate cuts. Other Asian markets are turning in a mixed performance, with Japanese shares rallying to a fresh 5-1/2 year high on further weakening of yen, while the markets in Australia, China, New Zealand and South Korea are subdued. http://www.rttnews.com/story.aspx?Id=2117909Wed, 15 May 2013 04:34:03 GMTAsian stock markets are mostly trading higher on Wednesday with the overnight positive close on Wall Street aiding sentiment. However, with investors looking to take some profits after recent gains, most of the markets came off their highs and are currently trading just marginally up in positive territory. The Japanese market, however, is up sharply once again with a weak yen buoying up sentiment.http://www.rttnews.com/story.aspx?Id=2117893Wed, 15 May 2013 03:33:37 GMTIndian shares are seen opening higher on Wednesday, mirroring firm global cues. Sentiment could improve as RBI Governor D Subbarao said he was "very happy" about falling inflation and the central bank will take note of it when discussing potential interest rate cuts. High retail inflation is a cause for concern and the country should aim at bringing down its current account deficit to 2.5 percent from the current level of 5 percent, he added. http://www.rttnews.com/story.aspx?Id=2117883Wed, 15 May 2013 02:59:25 GMTBuoyed by a strong close on Wall Street overnight and the dollar's rise against the yen, the Japanese stock market opened on a rousing note on Wednesday.http://www.rttnews.com/story.aspx?Id=2117876Wed, 15 May 2013 02:15:56 GMTAfter a fairly smart upmove on the back of a positive lead from Wall Street, the Australian stock market retreated on Wednesday, with a bigger than expected deficit in the federal budget hurting sentiment.http://www.rttnews.com/story.aspx?Id=2117859Wed, 15 May 2013 01:49:58 GMT