Japanese Market Slips On Sell-off In U.S. Stocks []
Wednesday, Tokyo shares closed lower, but off day's lows, after Wall Street plunged overnight on smaller-than-expected interest rate cut by the U.S. Federal Reserve. The Fed cut its federal funds target rate and trimmed its discount rate by 25 basis points each.
Australian Market Falls Tracking Wall Street Losses []
Wednesday, Sydney shares were trading sharply lower after the U.S. stocks slumped following the Federal Reserve's decision to cut interest rates by 25 basis points to 4.25%, disappointing investors who anticipated a more aggressive reduction.
Stocks Nearly Unchanged Following Employment Report - U.S. Commentary []
Stocks are turning in a lackluster performance on Friday, as investors mull over fresh employment data for the month of November released prior to the opening bell.
Decline Seen For Malaysian Stocks []
After some erratic and low-volume trade, analysts are calling for Malaysia's Kuala Lumpur Composite Index to follow the rest of the global market to the downside Wednesday on negative cues from Wall Street.
Stocks Move Higher Following Subprime Deal - U.S. Commentary []
Wall Street continues to trade in a tight daily range on Thursday, as investors mull over an announced plan to help hundreds of thousands of homeowners deal with rising mortgage payments.
Stocks Close Higher Ahead Of Interest Rate Decision - U.S. Commentary []
After turning in a strong performance last week, the U.S. stock markets saw some further upside during trading on Monday. The upward move came amid continued optimism about the possibility of another interest rate cut by the Federal Reserve.
Futures Indicate Lower Opening As Fed Fallout Continues - European Market Commentary []
The Federal Reserve's decision to lower its funds rate by a quarter point on Tuesday has remained the biggest economic news, as Asian markets slid dramatically lower in overnight trading. Futures are indicating that European markets will also open lower as traders digest what some feel is a disappointing move from the Fed in terms of paving the way for economic growth.
Wednesday, December 12, 2007
Japanese Market Slips On Sell-off In U.S. Stocks []
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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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