South Korean Market Closes Flat []
Thursday, Seoul shares closed flat as investors locked in profits after the KOSPI index rallied to a fresh record. The key index closed down 1.71 points or 0.1% at 2,063.14. The benchmark index surged at the opening to a fresh high of 2,084.55, surpassing the previous record of 2,070.86 set on Monday.
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.
Euro Extends Highs Versus Dollar In Early Afternoon Dealing [EUR/USD]
The euro inched above a record high from earlier in the session against the dollar at around 1:20 pm ET. The euro touched 1.4427 before easing back to 1.4519 by 2 pm.
Trading Likely To Be Range-bound Ahead Of Key U.S. Data - European Commentary []
The major European index futures are pointing towards a lower opening for the markets on Thursday. But global cues are mixed, with the U.S. stocks closing slightly lower Wednesday, recovering from early weakness, and the major markets across the Asia-Pacific region showing a mixed trend on Thursday.
Renewed Credit Concerns, Lower Oil And Metal Prices Pull Down Australian Stocks []
Friday, Sydney stocks opened sharply lower on renewed worries of further fallout from the global credit crunch, while lower oil and metal prices pulled down resource stocks. The benchmark S&P/ASX 200 Index was losing 129.50 points or 1.90% to 6,699.20, while the All Ordinaries Index was down 125.50 points or 1.83% to 6,728.10.
Swiss Franc Strong Against Buck [USD/CHF]
The Swiss franc was strong against the dollar on Friday morning in New York. The franc advanced to a mark of 1.1513 as action progressed. The pair moved as US October payrolls rose by a stronger than expected 166k versus the consensus of 85k. Prior months were revised down by 10k.
Swiss Currency Mixed Versus Counterparts On Friday Morning In New York [USD/CHF]
The Swiss currency was mixed against its counterparts in trading on Friday morning in New York. The franc moved as consumer price index data was released for the area for October.
Australian Stock Market Rises To New Highs []
Thursday, Sydney shares surged to record highs after the Federal Reserve cut interest rates. Soaring commodity prices and solid corporate earnings also positively impacted the market sentiment. The S&P/ASX 200 closed up 74.6 points or 1.1% at 6,828.7, after hitting a record high of 6,851.5 in the last hour of trade.
Dollar Hits Record Lows Versus Euro And Loonie, 26-year Trough To Sterling [EUR/USD]
The dollar continued to show weakness against the euro, sterling and loonie Friday in New York as traders assessed key employment data from the US.
Euro Hits New Peak Versus Dollar, Rallies Versus Sterling Friday Morning [EUR/USD]
The euro advanced on other majors Friday morning in New York, hitting a fresh record peak versus the dollar before paring some its gains approaching mid-day. Meanwhile, the euro was able to claw back some of this week's losses to the sterling.
Saturday, November 03, 2007
South Korean Market Closes Flat []
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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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