European Markets Rise, Led By Miners, Automakers - European Commentary []
The European markets rose on Friday, as mining stocks rallied on rising copper prices and BMW led automotive stocks higher after saying it will cut jobs to boost profit.
US Stocks On Pause Thursday Morning Ahead Of Economic Data, Bear Stearns Results []
US stocks were looking for direction Thursday morning ahead of a slew of economic data and highly anticipated earnings results from Bear Stearns.
Japanese Stocks Trade Mixed; Tech, Auto Stocks Gain []
Friday, Tokyo shares were mixed in early trade after Wall Street finished up Thursday on strong profits from Oracle. At 10:33 a.m. local time, the key Nikkei 225 Index was up 70.24 points at 15,101.84, but the broader-based Topix Index of all the First Section issues on the Tokyo Stock Exchange was down 1.10 points at 1,456.46.
Australian Market Closes In Red For Seventh Straight Session []
Thursday, after opening on a firm note Sydney shares lost ground in mid-morning trade and eventually ended in the negative territory for the seventh straight session amid expiry of December futures contracts and a weak lead from Wall Street. The benchmark S&P/ASX 200 Index closed down 39.5 points or 0.6% at 6,176.9 and the broader-based All Ordinaries Index lost 36.0 points or 0.6% to finish at 6,244.8.
European Markets Fall On Trichet Comments - European Commentary []
The European markets fell for the consecutive third day on Wednesday after European Central Bank President Jean-Claude Trichet signaled that faster inflation will prevent policy makers from cutting interest rates to ease the continuing crunch in the credit markets.
Australian Market Rebounds, Led By Banks []
Friday, Sydney shares were trading higher in the morning session, reversing a seven-day losing streak. At 11:51 a.m. local time, the benchmark S&P/ASX 200 Index was up 36.1 points or 0.6% at 6,213.0 and the broader-based All Ordinaries Index was adding 32.5 points or 0.5% to 6,277.3.
Friday, December 21, 2007
European Markets Rise, Led By Miners, Automakers - 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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