Google

Tuesday, November 06, 2007

Markets Likely To Open Higher On Positive Cues From Wall Street - European Commentary []

Markets Likely To Open Higher On Positive Cues From Wall Street - European Commentary []
The major European index futures are pointing towards a higher opening for the markets on Thursday. Global cues are also strong, with the U.S. stocks rallying overnight after the Federal Reserve cut interest rates and the major markets across the Asia-Pacific region trading higher on Thursday.

Stocks Tumble As Fed Euphoria Ends - U.S. Commentary []
Wall Street continues to experience a broad-based sell-off on Thursday, as the Fed-induced optimism wears off, Citigroup (C) is downgraded, and Exxon Mobil (XOM) releases disappointing third-quarter results.

Stocks Rise On Jobs Report - U.S. Commentary []
Stocks opened Friday's session with modest gains after a better than expected jobs report subdued fears of weakness within the credit and housing markets.

European Markets Fall On Credit Worries - European Commentary []
The European markets fell for the third day on Monday, as banking stocks slipped after a warning of more write-downs from Citigroup stirred concerns about widespread credit problems.

Citigroup Slays The Bulls - U.S. Commentary []
Citigroup (C) continues to act as a drag on financials and the broader market on Monday after the investment bank warned of additional write-downs of assets due to the turmoil within the credit and housing markets.

No comments:

Advertisement

Legal disclaimer and risk disclosure

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.