European Markets Rise, Led By Oils, Miners - European Commentary []
The European markets rose on Tuesday, as energy and mining stocks rallied on rising crude oil and copper prices.
European Markets Rise On Strong Earnings, Commodities - European Commentary []
The European markets rose for the third consecutive day on Wednesday, as strong earnings from companies such as HSBC, ArcelorMittal, Hochtief and Q-Cells lifted investor sentiments and rising crude oil and copper prices boosted energy and mining stocks.
Asian Markets Trade Mixed; Hong Kong Rebounds []
Stock markets across the Asia-Pacific region were trading mixed on Friday in the morning session. There was no lead from the U.S. as the market was closed for a public holiday and the Japanese market remained closed on Friday. Crude prices continued to hover around recent record high levels.
British Pound Gains Against Majors [GBP]
The British pound gained ground against the other major currencies during the early Asian session on Monday. The pound-dollar pair rose to 2.0647, compared to 2.0629 late Friday in New York.
European Markets Rise, Led By Drugmakers - European Commentary []
The European markets rose on Thursday, helped by a rally among pharmaceutical stocks following a broker upgrade of the sector. Air France-KLM led airline stocks higher after reporting forecast-beating second quarter earnings.
Markets Open On Strong Note Tracking Global Cues - Indian Commentary []
Monday, Indian shares opened sharply higher on the back of positive cues from global markets. At 10:04 a.m. IST, the Sensex was up 392 points at 19,245 and the broader Nifty was up 112 points at 5,721.
South Korean Won Hits 5-day High Against Dollar [USD/KRW]
Monday morning in Asia, the South Korean Won advanced versus the US dollar. The dollar-won pair, which closed its Friday's deals at 930.75, moved to 927.05 at about 10:00 pm Eastern Time. This set a 5-day high for the won. Currently, the pair is worth 927.95.
Australian Market Rises Sharply On Firmer Commodity Prices, Positive Lead From U.S. []
Monday, Sydney shares were trading higher on firmer commodity prices and a positive lead from the U.S. Additionally, a decisive win by the Australian Labor Party on Saturday led by Prime Minister elect Kevin Rudd, ending more than 11 years of rule by the conservative government of John Howard, cleared uncertainty about the nation's future leadership.
Pound Rebounds Away From Long-Term Low Versus Yen [GBP/JPY]
The British pound rebounded against the yen in mid-day trading on Friday in New York, moving away from a three-month high. The sterling reached as low as 221.31 at 10 a.m. ET but climbed from there. The pair moved at 222.91 at 12:40 p.m. ET.
Australian Shares Poised For Higher Open []
Australian stocks are poised for a rebound on Monday with the mining and banking sectors leading the way.
Sunday, November 25, 2007
European Markets Rise, Led By Oils, Miners - 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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