European Markets Rise, Led By Banks - European Commentary []
The European markets rose on Wednesday, as banking stocks rallied after Deutsche Bank reported higher third quarter earnings and reiterated its 2008 pre-tax earnings forecast.
Financials Bounce Back - U.S. Commentary []
The U.S. stock markets are seeing modest strength on Tuesday, as financials move to the upside for the first time in several sessions and technology stocks experience buying interest.
Swiss Currency Shows Some Strength Versus Yen Thursday [CHF/JPY]
Versus the Japanese yen, the Swiss currency saw some strength in trading on Thursday. The franc rose to a mark of 99.81 as action progressed into the mid morning. The pair moved as the Japanese Economy Watchers index for current condition dropped 1.4 points month-on-month to 41.5 in October.
Dow Drops Into Negative Territory - U.S. Commentary []
The markets are mixed on Tuesday, as technology stocks decline after Sun Microsystems (JAVA) released disappointing results and financials turned to the downside after seeing strength in early trading.
Price Of Oil Soars, Stocks Sink - U.S. Commentary []
Stocks have pulled back off of their early gains, as crude oil hits record intraday levels and the dollar continues its slide to record lows.
Markets Sink On Dollar And Oil Woes - U.S. Commentary []
Stocks continue to decline on Wednesday, as oil marches higher and the dollar slumps on statements from a Chinese official.
Markets Likely To Be Range-bound On Back Of Mixed Cues From Global Peers- European Commentary []
The major European index futures are pointing towards a lower opening for the markets on Monday. But some degree of support may come in from bargain hunting following two days of losses. Global cues are mixed, with the U.S. stocks settling modestly higher on Friday amid volatility and the major markets across the Asia-Pacific region trading sharply lower on Monday on renewed U.S. subprime worries following the resignation of Citigroup CEO Charles Prince.
Late-Day Rally Sends Stocks Considerably Higher - U.S. Commentary []
Stocks rallied into the close on Tuesday, bouncing back from early losses, as bargain hunters overlooked a record high price of oil and continued fears within the credit markets.
Markets Stage Considerable Recovery - U.S. Commentary []
Volatility once again dominated the U.S. stock markets on Thursday, as the major averages were able to climb off severe losses in afternoon trading but still ended the session in negative territory.
Thursday, November 08, 2007
European Markets Rise, Led By Banks - European Commentary []
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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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