South Korean Market Rises Tracking Wall Street Gains []
Seoul shares rebounded Thursday on the back of sharp gains on Wall Street. Growing hopes of another interest rate cut in the U.S. and a significant pullback in oil prices boosted investor sentiment.
Asian Markets Extend Gains- Asian Commentary []
The Asian stock markets generally closed higher on Friday with investor sentiment capturing the mood of Federal Reserve Chairman's hints that the US interest rates would be lowered next month.
New Zealand Stocks Trade Weak []
Friday, stocks in New Zealand opened lower and were trading in the red despite a positive overnight Wall Street lead. The benchmark NZX 50 Index was losing 15.88 points or 0.39% to 4,050.65, while the NZX All Capital Index was declining 14.95 points or 0.36% to 4,109.56.
Market Likely To Open Higher On Strong Global Cues - Indian Commentary []
Global cues are pointing towards a strong opening for the Indian market on Thursday. The U.S. stocks rallied for a second day on Wednesday on hopes of an interest rate cut next month and the major stock markets across the Asia-Pacific region are trading firm on Thursday.
Stocks Gain On Positive Cues From Wall Street - Asian Commentary []
Most of the stock markets across the Asia-Pacific region were trading higher on Friday after the U.S. market extended its rally overnight with moderate gains.
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.
Sunday, December 02, 2007
South Korean Market Rises Tracking Wall Street Gains []
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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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