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Sunday, December 09, 2007

Stocks Poised For Lower Opening - U.s. Commentary []

Stocks Poised For Lower Opening - U.s. Commentary []
Wall Street is headed for a second consecutive session with losses on Tuesday, as investors continue to worry about credit problems and the outlook for the economy.

Canadian Dollar Advances Against Majors Amid November Jobless Data [CAD]
Canadian dollar rose sharply against its major counterparts during Friday's early New York session, despite the data released at 7:00 am ET showed that the Canadian unemployment rate increased in November.

US Stocks Set To Bounce Back Wednesday Morning; OPEC To Maintain Current Production []
US stocks were poised to rebound Wednesday morning following a 2-day losing streak, but traders will be keep a close eye on oil prices and a slew of economic data.

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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.