http://www.rttnews.comGlobal financial news, market analysis, economics and forex newsen-usFri, 24 May 2013 12:00:05 GMTIndian shares rose modestly on Friday, as investors hunted for bargains following the previous session's plunge. Asian and European markets traded mixed, dampening investor sentiment to some extent. http://www.rttnews.com/story.aspx?Id=2124578Fri, 24 May 2013 10:31:06 GMTAsian stocks traded mixed on Friday, with extreme volatility in Japanese shares keeping investors nervous. Japan's Nikkei index swung over 1,000 points for a second day in a row before ending notably higher on optimism over earnings growth and the economy. http://www.rttnews.com/story.aspx?Id=2124559Fri, 24 May 2013 09:18:26 GMTEuropean stocks are seen opening largely unchanged on Friday as investors ponder an early end to stimulus. Soothing market fears, two senior U.S. central bankers said that the Fed is in no hurry to start winding down its bond-buying program and policymakers have flexibility to increase the pace of bond buying should the economy weaken again.http://www.rttnews.com/story.aspx?Id=2124463Fri, 24 May 2013 06:02:40 GMTIndian shares erased early gains tracking mixed Asian cues. Sentiment has improved a bit after two senior U.S. central bankers said that the Fed is in no hurry to start winding down its bond-buying program and policymakers have flexibility to increase the pace of bond buying should the economy weaken again. Japan's Nikkei is up 1.1 percent, paring early gains, and the markets in China, Indonesia and South Korea are posting modest gains, while stocks elsewhere are subdued. http://www.rttnews.com/story.aspx?Id=2124445Fri, 24 May 2013 04:41:02 GMTTrading in Singapore Nifty futures indicate a higher opening on Friday following the previous session's selloff. Investors may draw some comfort from provisional data, which showed that FIIs remained net buyers in Indian equities, purchasing shares worth Rs. 316.23 crore yesterday.http://www.rttnews.com/story.aspx?Id=2124427Fri, 24 May 2013 03:01:19 GMTAsian stock markets are trading mixed on Friday, with investors mostly treading cautiously after the previous session's sharp setback.http://www.rttnews.com/story.aspx?Id=2124425Fri, 24 May 2013 02:55:32 GMTCanadian stocks snapped a four-day gain to end lower Thursday, tracking declining global equity markets after some weak manufacturing data out of China, and the U.S. Federal Reserve's stand on its monetary policy. Global markets roiled after Japan's Nikkei plunged to its lowest since the devastating earthquake and tsunami hit the island nation about two years ago.http://www.rttnews.com/story.aspx?Id=2124256Thu, 23 May 2013 20:36:15 GMTAfter moving sharply lower at the start of trading on Thursday, stocks showed a substantial recovery attempt over the course of the trading day. The rebound came as upbeat housing data helped offset worries about the Federal Reserve. The major averages climbed well off their worst levels of the day but still ended the session in the red.http://www.rttnews.com/story.aspx?Id=2124217Thu, 23 May 2013 20:19:50 GMTWhile stocks moved sharply lower at the start of trading on Thursday, selling pressure waned not long after the open. The markets have subsequently seen a notable recovery attempt, as some traders look to pick up stocks at reduced levels. The major averages have climbed well off their worst levels but are currently still posting modest losses.http://www.rttnews.com/story.aspx?Id=2124092Thu, 23 May 2013 15:59:30 GMTAfter moving sharply lower at the open, stocks have regained some ground over the course of morning trading on Thursday. The major averages have climbed well off their worst levels of the day but remain stuck in the red.http://www.rttnews.com/story.aspx?Id=2124073Thu, 23 May 2013 15:04:36 GMTStocks moved sharply lower at the start of trading on Thursday, extending the downward move seen over the course of the previous session. The major averages dropped firmly into negative territory, although selling pressure has waned since the open. The major averages have not seen much follow-through on their initial downward moves but remain stuck in the red.http://www.rttnews.com/story.aspx?Id=2124032Thu, 23 May 2013 13:53:45 GMTAfter moving notably lower over the course of the previous session, stocks are likely to see further downside in early trading on Thursday. The major index futures are currently pointing to a sharply lower open for the markets, with the Dow futures down by 123 points.http://www.rttnews.com/story.aspx?Id=2123962Thu, 23 May 2013 12:56:24 GMTA global rout amid expectations that the Federal Reserve may reverse its ultra-easy monetary policy earlier than expected dragged Indian equities sharply lower on Thursday. Fed chief Bernanke's comments that an exit could be initiated in the "next few meetings" sapped demand for equities, sending stocks plunging across the board. http://www.rttnews.com/story.aspx?Id=2123844Thu, 23 May 2013 11:23:43 GMTWall Street looks set to extend its weak run on Thursday, as indicated by the index futures, which point to a notably lower opening. After Federal Reserve sounded out the possibility of a premature scale back in stimulus, weak manufacturing data from China has accentuated the anxiety among traders. Fears concerning a further setback to growth in the eventuality of central banks deciding to normalize interest rates could keep sentiment subdued and trigger more profit taking in the still overbought markets.http://www.rttnews.com/story.aspx?Id=2123776Thu, 23 May 2013 10:31:24 GMTAsian stocks tumbled on Thursday after minutes of the Federal Reserve's April 30-May 1 meeting revealed "a number" of members favor tapering the central bank's $85-billion bond-buying program as early as the June meeting if the labor market continues to improve. Fed chief Ben Bernanke also hinted that an exit could be initiated in the "next few meetings" if the incoming data supports it.http://www.rttnews.com/story.aspx?Id=2123755Thu, 23 May 2013 09:40:45 GMTEuropeans stocks are set to fall sharply on Thursday after Fed chief Bernanke hinted at reducing the current pace of bond purchases if the labor market continued improving. The European markets closed Wednesday's session in positive territory, reacting to Bernanke's initial comments that a premature tightening of monetary policy carries a substantial risk of slowing or ending the economic recovery. In a question-and-answer session with lawmakers later in the day, Bernanke sent a mixed message saying the Fed could consider reducing the pace of asset purchases in the next few meetings. http://www.rttnews.com/story.aspx?Id=2123614Thu, 23 May 2013 06:17:40 GMTIndian shares followed other Asian markets lower on Thursday after Fed chief Bernanke hinted at reducing the current pace of bond purchases and preliminary data showed China's manufacturing activity contracted for the first time in seven months in May. The Indian rupee opened at 55.84 against the dollar, hitting a fresh six-month low, weighed down by a stronger dollar and lingering concerns about India's high current account deficit. http://www.rttnews.com/story.aspx?Id=2123561Thu, 23 May 2013 04:40:43 GMTAsian stock markets are mostly trading notably lower on Thursday with investors indulging in fairly heavy selling amid renewed worries about the global economy following a weak manufacturing report from China. The overnight weak close on Wall Street amid doubts about further monetary stimulus from the U.S. Federal Reserve is also contributing to the weakness in the Asian region.http://www.rttnews.com/story.aspx?Id=2123550Thu, 23 May 2013 03:47:59 GMTIndian shares may follow other Asian markets lower on Thursday after Federal Reserve chief Ben indicated the central bank could slow down its pace of asset purchases going forward. Trading for the rest of the day would largely depend on the movement of the rupee, which fell for a fourth day to hit a fresh six-month low of 55.46 against the dollar yesterday. http://www.rttnews.com/story.aspx?Id=2123545Thu, 23 May 2013 02:58:46 GMTDespite a weak lead from Wall Street, the Japanese stock market opened higher on Thursday, with investors picking up stocks on the back of the yen's decline against the U.S. dollar. Investors appear to be betting on strong corporate earnings as well.http://www.rttnews.com/story.aspx?Id=2123531Thu, 23 May 2013 02:10:35 GMTThe Australian stock market is trading weak on Thursday with investors pressing sales at several counters, tracking cues from Wall Street where stocks tumbled overnight amid doubts about further stimulus from the U.S. Federal Reserve.http://www.rttnews.com/story.aspx?Id=2123523Thu, 23 May 2013 01:52:11 GMTStocks showed a substantial downturn over the course of the trading day on Wednesday after seeing some strength in morning trading. Renewed worries about the Federal Reserve tapering its asset purchase program contributed to the sharp pullback by the markets. The major averages climbed off their worst levels going into the close but still ended the day firmly negative.http://www.rttnews.com/story.aspx?Id=2123315Wed, 22 May 2013 20:24:03 GMTAfter moving mostly higher over the course of morning trading on Wednesday, stocks have shown a notable move back to the downside in the afternoon. The major averages have pulled back well off their highs for the session and into negative territory. The major averages have moved roughly sideways in recent trading, lingering near their new lows for the session.http://www.rttnews.com/story.aspx?Id=2123231Wed, 22 May 2013 18:35:53 GMTWith traders digesting remarks from Federal Reserve Chairman Ben Bernanke, stocks have seen considerable volatility over the course of the trading day on Wednesday but are moving mostly higher in mid-day trading. The major averages have moved to the upside in recent trading and are currently posting notable gains.http://www.rttnews.com/story.aspx?Id=2123159Wed, 22 May 2013 16:07:08 GMTStocks have moved modestly higher in early trading on Wednesday, adding to the slim gains posted in the previous session. The major averages have all climbed into positive territory, although buying interest has remained relatively subdued. The major averages have seen some further upside in recent trading, reaching new highs for the young session.http://www.rttnews.com/story.aspx?Id=2123074Wed, 22 May 2013 13:56:56 GMTAfter moving modestly higher over the course of the previous session, stocks may see some further upside in early trading on Wednesday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 32 points.http://www.rttnews.com/story.aspx?Id=2122999Wed, 22 May 2013 12:58:58 GMTIndian shares erased early gains to end modestly lower on Wednesday, as engineering & construction giant Larsen & Toubro posted disappointing Q4 results and investors awaited Federal Reserve Chairman Ben Bernanke's testimony before the Joint Economic Committee of Congress later in the global day. Besides Bernanke's speech, traders also await existing U.S. home sales data as well as the minutes of the latest Fed meeting for hints of potential changes in the Fed's asset purchase program.http://www.rttnews.com/story.aspx?Id=2122893Wed, 22 May 2013 11:20:11 GMTWall Street is striving to put an end to its doubts and remains poised to open higher on Wednesday, as indicated by the trading in major index futures. Hopes that the central bank is in no mood to take its foot off the pedal led to a resilient advance yesterday. Traders could look for clues to confirm their expectations, as they pore over Federal Reserve Chairman Ben Bernanke's Congressional testimony, and later on in the day receive the FOMC minutes. Some retail earnings reports from companies such as Lowe's (LOW), Staples (SPLS), Target (TGT) and American Eagle Outfitters (AEO) and homebuilder Toll Brothers (TOL) could also set the tempo for today's market movement.http://www.rttnews.com/story.aspx?Id=2122816Wed, 22 May 2013 10:30:59 GMTAsian stocks rose broadly on Wednesday, encouraged by a positive lead from Wall Street, after comments from two Federal Reserve officials suggested the Federal Reserve is unlikely to taper its $85 billion-per-month bond-buying program anytime soon. Investors look forward to a speech from the Fed Chairman Ben Bernanke and the release of FOMC May minutes due out later in the day for clues on the interest rate outlook and exchange rate movements. http://www.rttnews.com/story.aspx?Id=2122768Wed, 22 May 2013 09:08:03 GMTEuropean stocks may follow Asian stocks higher on Wednesday amid speculation the Federal Reserve would continue to provide economic stimulus until next year after St. Louis Fed President James Bullard and New York Fed President William Dudley said there is no case yet for curtailing bond purchases, given low inflation and mixed signals for growth prospects.http://www.rttnews.com/story.aspx?Id=2122630Wed, 22 May 2013 06:08:48 GMT