Stocks Fall On Economic Data - U.S. Commentary []
Stocks are trading slightly below the unchanged line on Monday, as weak economic data depresses the markets and as investors digest a speech by Treasury Secretary Hank Paulson.
South Korean Market Closes Lower On Profit-taking []
Seoul shares closed slightly lower Monday on profit-taking from recent gains. The benchmark KOSPI index closed down 3.57 points or 0.2% at 1,902.43. The local currency closed at 925 won to a dollar, down 3.8 won from Friday's close of 921.1 won to a dollar.
Stocks Mixed After Wall Street Declines On Subprime Unease - Asian Commentary []
Tuesday, stock markets across the Asia-Pacific region were mixed after the U.S. stocks fell overnight, led by financial services stocks, on concerns that the U.S. economy's expansion will erode amid troubles in the mortgage industry.
Stocks Trading Flat On Mixed Cues From Wall Street - Asian Commentary []
Monday, stock markets across the Asia-Pacific region were trading mixed after the Wall Street ended mixed on Friday.
Stocks Turning In A Lackluster Performance In Morning Trading - U.S. Commentary []
After turning in a strong performance last week, stocks are turning in a lackluster performance in morning trading on Monday. The Dow and the Nasdaq have been bouncing back and forth across the unchanged line, while the S&P 500 has remained in the red.
Pound Surges Against Euro And Franc [GBP]
The British pound staged a sharp surge against its Swiss and European counterparts at about 2:40 am ET. As of now the pound is worth 2.3342 against the franc and 0.7099 against the euro.
Australia Stocks Plloo To Sustain Upward Momentum []
Australian share traders will look to sustain the momentum of Friday's gains as trading opens on Monday.
Euro Spikes Higher Against Most Of Majors [EUR]
The euro spiked higher against most of its major counterparts around 2:35 am ET. As of 2:45 am ET, the euro is worth 161.88 against the yen, 1.4684 against the dollar and 1.6549 against the franc.
Tuesday, December 04, 2007
Stocks Fall On Economic Data - U.S. Commentary []
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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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