Stocks Rebounding On Banks' Efforts To Add Liquidity - U.S. Commentary []
While traders reacted negatively to the announcement of the Federal Reserve's interest rate decision on Tuesday, the U.S. stock markets have moved back to the upside on Wednesday in reaction to news of the Fed's latest efforts to improve liquidity in the financial sector.
US Stocks Ready To Rebound Amid Reports That Fed May Further Address Lending Problems - US Commentary []
US stocks are poised to snap back from significant losses in the previous session Wednesday morning, with investors apparently reconsidering the Fed's modest rate cut amid reports that the central bank is prepared to make more moves to spur lending among banks.
Euro Hits 13-day Low Against Sterling [EUR/GBP]
In the early deals on Monday, the European currency declined against the British pound. Down from its last week close of 0.7152, the euro touched a 13-day low of 0.7125 against the sterling by about 5:20 am ET.
Stocks Face Headwinds Friday Morning Ahead Of Key Inflation Reading - US Commentary []
Early signals are pointing to a rough open for US stocks on Friday amid more troubling new from the financial sector. Later in the day, investors will be treated to a key reading on inflation.
Stocks Give Back Some Ground But Remain Mostly Positive - U.S. Commentary []
After moving sharply higher at the start of trading on Wednesday, the U.S. stock markets have given back some ground over the course of the session. The major averages have pulled back well off their highs for the session, although they have remained firmly in positive territory.
Stocks Seeing Modest Weakness In Early Trading - U.S. Commentary []
Stocks moved modestly lower at the start of trading on Thursday, with the major averages all slipping below the unchanged after ending the previous session in positive territory. The initial weakness reflected some uncertainty about the outlook for the economy.
Dollar Extends Gains Versus Euro Monday Morning [EUR/USD]
The dollar extended its recent gains versus the euro Monday morning, rising to its highest point since late October. The dollar jumped to 1.433 by 6 am ET after pausing near 1.445 overnight.
Stocks Seeing Some Weakness Following Mixed Economic Data - U.S. Commentary []
While selling pressure has remained relatively subdued, the U.S. stock markets are seeing some weakness in morning trading on Thursday. Stocks have moved into negative territory after seeing significant volatility in the previous session.
Stocks May Move Lower On Troubling Inflation Data - U.S. Commentary []
After ending the previous session mixed, stocks could see some weakness in early trading on Friday, with the major U.S. index futures indicating a lower open following the release of a report that may add to recent inflation concerns.
Monday, December 17, 2007
Stocks Rebounding On Banks' Efforts To Add Liquidity - 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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