Singapore Stocks Likely To Continue Rise []
After days of choppy trade, the Singapore stock market appears ready to regain 3,400 points when the Straits Times Index opens for business on Monday. The market will be closed Tuesday for the Christmas holiday before re-opening on Wednesday.
Australian Market Rebounds; Banking Stocks Rise []
Friday, Australian shares closed sharply higher on bargain hunting, reversing a seven-day losing streak. The benchmark S&P/ASX 200 Index closed up 70.1 points or 1.1% at 6,247.0. The broader-based All Ordinaries Index climbed 64.6 points or 1.0% to close at 6,309.4.
Euro Adds To Historic Highs Versus The Sterling, Firms P Versus Dollar [EUR/USD]
The euro extended its record highs versus the sterling and gained on the dollar and yen Monday morning in New York. With little economic data available and many traders getting ahead start on the Christmas holiday, trading was relatively quiet.
Yen Slightly Higher In Asian Trading [USD/JPY]
Wednesday morning in Asia, the Japanese yen gained ground against its major counterparts. Early Asian deals were likely to have been influenced by the Bank of Japan's monetary policy meeting minutes.
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.
Japanese Market Gains On Bargain Hunting []
Friday, Tokyo shares closed sharply higher, on bargain hunting, after briefly dipping below the psychologically important 15,000 level in early trade. Further, a report on a capital injection into Merrill Lynch and firmer Asian equities boosted investor sentiment.
Dollar Little Changed In Quiet Dealing Monday Morning [EUR/USD]
The dollar eased slightly versus the euro but was steady versus the sterling and yen Monday morning in New York. Trading was quiet, with many investors away from their desks ahead of the Christmas holiday.
Dollar Adds To Recent Highs Versus Sterling And Yen On Christmas Eve [EUR/USD]
The dollar extended its recent highs versus the sterling and yen but eased a bit versus the euro Monday morning in New York. Trading was quiet, with many investors away from their desks ahead of the Christmas holiday.
Rate Increase May Slow China Stocks []
The Chinese stock market will have to overcome some unfriendly economic news if it wants to add to its two-day winning streak when the Shanghai Composite Index opens for business on Friday. Investors have easily enough shrugged off bad news before - on Friday, they'll have to deal with an immediate increase in the benchmark one-year lending rate by 18bps to 7.47% by the Peoples Bank of China.
Wednesday, December 26, 2007
Singapore Stocks Likely To Continue Rise []
Subscribe to:
Post Comments (Atom)
Legal disclaimer and risk disclosure
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.
No comments:
Post a Comment