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.
US Stocks Look To Carry Over Momentum Thursday Morning; Bush To Unveil Housing Plan []
US stocks were set to add to their gains from the previous session Thursday morning, with investors still cheering Wednesday's encouraging jobs report as a sign the economy may avoid recession.
Stocks May Rally On Strong Employment Data - U.S. Commentary []
Stocks are likely to see significant strength in early trading on Wednesday, with the major U.S. index futures indicating a sharply higher open. The upward momentum is partly due to the release of better than expected employment data.
Stocks Fall On Credit Concerns - U.S. Commentary []
Wall Street ended Tuesday's session modestly lower, as credit worries infiltrated the markets a week before the Federal Reserve's highly anticipated interest rate decision.
Swiss Franc Higher Against Dollar And Euro [CHF]
The Swiss franc strengthened against the dollar and the euro by about 3.40am ET. As of now, the franc is trading at 1.1280 against the dollar and 1.6536 against the euro
Bulls Take Charge Following Subprime Plan - U.S. Commentary []
A federally sponsored plan to help subprime mortgage borrowers avoid foreclosure was the main focus of Thursday's trading session, sending stocks on a late-afternoon rally shortly after it was announced.
Dollar Falls To 10-day Low Against Slovakian Koruna [USD/SKK]
In the early European deals on Monday, the US dollar declined versus the Slovakian Koruna. At about 5:00 am ET, the pair touched a 10-day low of 22.5150, compared to last week's close of 22.5810. The US pending home sales for the month of October is expected in the New York session.
Monday, December 10, 2007
Stocks Poised For Lower Opening - 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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