Tech Leads Markets To Significant Declines - U.S. Commentary []

Tech Leads Markets To Significant Declines - U.S. Commentary []
Friday was another rough trading day on Wall Street, as technology stocks continued to depress the markets following negative comments from Qualcomm (QCOMM).

Dollar Plummets Versus Yen As Consumer Confidence Falls [USD/JPY]
The dollar is extended its losses versus the yen Friday morning, plunging to its lowest point in a year and a half. Traders are considering just-released data showing a significant drop in US consumer confidence.

Stocks Rise In Early Trading - U.S. Commentary []
Stocks have opened Tuesday's session with modest gains, as bargain hunting drives financials higher and strong quarterly results boost the technology sector.

Global Insight Examines Domestic Spending Growth []
Global Insight Chief U.S. Economist Nigel Gault remarked on Friday that with domestic spending growth expected to slow sharply as housing continues to decline and consumers wilt under pressure from falling house prices and rising energy prices, strong export growth is crucial to keep the U.S. economy moving forward.

Trading Likely To Be Subdued Ahead Of Fed's Interest Rate Decision - European Commentary []
The major European index futures are pointing towards a lower opening for the markets on Wednesday. Global cues are also weak, with the U.S. stocks falling overnight on uncertainty about the outcome of FOMC meeting and the major markets across the Asia-Pacific region trading mixed on Wednesday.

Swiss Franc Extends 12-year Peak Versus Dollar Before Levelling Off Friday Morning [USD/CHF]
The Swiss franc extended its 12-year peak against the dollar in early dealing Friday. The franc rose to 111.87 at around 6 am ET before levelling off through mid-morning action.

Sterling Hits The Skids Versus Dollar And Yen Friday Morning [GPB/USD]
The sterling fell sharply versus the dollar Friday morning in New York, racing away from a 26-year high amid diminished risk appetite. The sterling also plunged versus a broadly stronger yen, falling to a 3-week low.

European Markets Rise On Strong Earnings, Miners - European Commentary []
The European markets rose for the first time in four days on Tuesday, as forecast-beating earnings from companies such as Swiss Re and Vestas Wind Systems lifted investor sentiments and mining stocks rallied on rising copper and gold prices.