Chinese Market Closes Lower; Dual-listed Stocks Tumble []
Tuesday, Shanghai shares closed mixed after dual-listed large caps such as Sinopec witnessed a sell-off amid lingering worries that the Chinese government is restraining the growth of mutual funds. The benchmark Shanghai Composite Index closed down 97.88 points or 1.74% at 5,536.57.
Deutsche Bank Research Examines Latin America's Largest Economies []
Steffen Dyck and Veronica Valles from Deutsche Bank Research remarked on Tuesday that Argentina, Brazil, Chile, Mexico and Venezuela are Latin America's largest economies. They noted that with a total population of more than 370 million people they account for almost 70% of the region's overall population and contributed more than 80% to Latin America's nominal GDP in 2006.
Danske Bank Examines Recent Senior Loan Officer Opinion Survey []
Peter Possing Andersen from Danske Bank remarked that last night the Federal Reserve released the Senior Loan Officer Opinion Survey. Andersen noted the latter is a survey of the lending standards for the prior three months to October.
European Markets Fall, Led By Banks - European Commentary []
The European markets fell on Thursday, as banking stocks retreated after Credit Suisse Group said it is too early to predict an end to the credit-market turmoil and a brokerage downgraded shares of U.S. financial giant Citigroup.
Tuesday, November 06, 2007
Chinese Market Closes Lower; Dual-listed Stocks Tumble []
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Any views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsibly for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.
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