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Monday, December 10, 2007

Japanese Market Closes Lower On Profit-taking []

Japanese Market Closes Lower On Profit-taking []
Monday, Tokyo shares closed lower, but off day's lows, after opening in the positive territory on better-than-expected machinery orders data, as profit-taking set in following three days of gains. The benchmark Nikkei 225 Index closed down 31.98 points or 0.20% at 15,924.39, while the broader-based Topix Index of all First Section issues on the Tokyo Stock Exchange was lost 3.25 points to end at 1,558.51.

Australia October New Dwelling Commitments Up 1.7% Overall []
The total number of commitments for new dwellings in Australia increased by 1.7 percent in October, according to the Australian Bureau of Statistics.

Stocks May Rally On Strong Employment Data - U.S. Commentary []
Stocks are likely to see significant strength in early trading on Wednesday, with the major U.S. index futures indicating a sharply higher open. The upward momentum is partly due to the release of better than expected employment data.

Australian Shares Close Lower Ahead Of U.S. Federal Reserve's Rate Meeting []
Monday, Sydney shares closed lower, tracking Wall Street's lackluster session on Friday, as weakness in banking sector offset modest gains by big miners. Additionally, investors were exercising caution ahead of the U.S. Federal Reserve's interest rate decision on Tuesday.

Singapore Stocks In Standby Mode []
Trade in the Singapore stock market has been choppy over the last few days, and that trend is liable to continue amidst light volume when the Straits Times Index kicks off trade on Tuesday.

KOSPI Investors To Wait And See []
The modest, three-day winning streak is history, and now caution and anticipation prevail as the South Korean stock market prepares to kick off a new business week. The market is expecting a light turnout ahead of the U.S. Federal Reserve's interest rate decision on Tuesday.

Australian Market Declines Tracking Weak Lead From Wall Street []
Monday, Sydney shares were trading lower, tracking Friday's lacklustre session on Wall Street ahead of the meeting of the U.S. Federal Reserve. At 11:52 a.m. local time, the benchmark S&P/ASX 200 Index was down 19.1 points or 0.3% at 6,635.6 and the broader All Ordinaries Index was losing 15.9 points or 0.2% to 6,698.1.

Stocks Rise Ahead Of Mortgage Plan Announcement - U.S. Commentary []
The markets continue to trade in a tight daily range on Thursday, as investors are content to sit on the sidelines ahead of a key news conference by President Bush.

European Markets Rise, Led By Miners - European Commentary []
The European markets rose on Friday, as mining stocks rallied on market talk of consolidation in the sector and rising metal prices.

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