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Saturday, November 03, 2007

Interest Rate Speculation Boosts Stocks - U.S. Commentary []

Interest Rate Speculation Boosts Stocks - U.S. Commentary []
Wall Street is rising on Monday in anticipation of an expected interest rate reduction by the Federal Reserve at its next meeting later in the week. The gains come despite another record high in oil prices.

Markets Likely To See Further Downside On Weak Global Cues - European Commentary []
The major European index futures are pointing towards a lower opening for the markets on Friday. Global cues are also discouraging, as the U.S. stocks plunged overnight and the major markets across the Asia-Pacific region are trading sharply lower on Friday.

Stocks Remain In The Red In Early Afternoon Trading - U.S. Commentary []
After trending higher in recent sessions, stocks are seeing some weakness in early afternoon trading on Tuesday. The major averages are all in negative territory, with the Nasdaq moving lower after ending the previous session at its best closing level in well over six years.

Markets Likely To Open Higher; Profit Taking May Cap Gains - European Commentary []
The major European index futures are pointing towards a higher opening for the markets on Tuesday. However, global cues are mixed, with the U.S. stocks continuing to rise Monday on interest rate optimism and the major markets across the Asia-Pacific region turning weak Tuesday on profit taking sets in.

New Zealand Shares Closing Quiet Week Off Down-side Wall Street Lead []
New Zealand share traders will be hoping Wall Street's troubles on Thursday don't find their way to Wellington on Friday. New Zealand shares experienced little movement on Thursday despite high trading volume, with the benchmark NZX-50 index closing down 1.19 points at 4,207.88.Turnover totaled NZ$185.5 million.

Stocks End Mixed After Opening Higher On Wall Street Gains - Asian Commentary []
Thursday, stock markets across the Asia-Pacific region closed mixed after the Federal Reserve cut interest rates. Chinese shares fell on the back of a fuel price hike, while Seoul shares ended flat on profit booking. Tokyo shares closed higher, as a weaker yen boosted buying of export-oriented shares and Sydney shares gained supported by commodity issues, while Indonesian stocks surged to fresh record highs.

Stocks Rise Ahead Of Fed Decision - U.S. Commentary []
Wall Street is experiencing modest buying interest on Wednesday, as optimism abounds that the Federal Reserve will cut interest rates at its meeting today.

European Markets Fall On Disappointing Earnings, Weak Commodities - European Commentary []
The European markets fell for the first time in four days on Tuesday, as disappointing earnings reports from companies such as Dassault Systemes, UBS and Royal KPN hurt investor sentiments and falling crude oil and metal prices hit energy and mining stocks.

Thai Stocks Called To Extend Slide []
Since shares in Thailand's stock market didn't gain Thursday after positive data from the U.S., analysts figure that a negative lead from Wall Street means the Stock Exchange of Thailand is again due for a decline when trading opens on the final day of the week.

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