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Saturday, December 01, 2007

Hang Seng Poised For Another Jump []

Hang Seng Poised For Another Jump []
It was likely to rise anyway, but now the Hong Kong stock market is called to really take off into positive territory when it opens for business on Friday.

Thai Stocks Pointed Higher []
After optimistic comments by U.S. Federal Reserve Chairman Ben Bernanke within the last few hours, analysts are calling for the Stock Exchange of Thailand to open sharply higher on Friday, in line with other regional bourses.

Australian Market Rebounds On Expectations Of U.S. Rate Cut []
Thursday, Sydney shares closed higher, ending a two-day losing streak. Growing expectations of another interest rate cut in the U.S. boosted investor sentiment. The benchmark S&P/ASX 200 index closed up 74.4 points or 1.2% at 6,444.5. The All Ordinaries closed 74.4 points or 1.2% higher at 6,507.2.

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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.