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.
Financials Continue To Lead Markets Lower - U.S. Commentary []
Financials continue to depress the markets on Tuesday, as investors worry about the health of the economy ahead of the Federal Reserve's upcoming interest rate decision next week.
Stocks Holding Onto Strong Gains In The Mid-Afternoon - U.S. Commentary []
Benefiting from broad based strength, the U.S. stock markets continue to turn in a strong performance in mid-afternoon trading on Wednesday. Technology stocks are posting particularly strong gains following recent weakness.
Markets Headed For A Flat Opening On Monday - U.S. Commentary []
Wall Street is headed for a flat opening on Monday after posting strong gains in the previous week and as investors await several important economic reports due out later in the session.
New Zealand Dollar Ticking Up Against Dollar And Yen []
The New Zealand dollar gained ground against the US dollar and the Japanese Yen. As of 12:15 pm ET, the kiwi was worth 0.7751 against the greenback and 86.16 against the yen.
New Zealand's Currency Soars To 27-day High Versus Buck [NZD]
The New Zealand dollar strengthened against its major counterparts during the late New York deals on Thursday. As of 3:00 pm ET, the New Zealand dollar was quoted at 1.129 against the Australian dollar and 86.71 against the yen. The kiwi hit a 27-day high of 0.7783 against the US dollar by about 3:00 pm ET.
Stocks Adding To Early Gains In Late Morning Trading - U.S. Commentary []
Stocks continue to post modest gains in Thursday's mid-morning trading after Wednesday's rally. A lack of activity is evident as investors wait for President Bush's announcement on his plan to bail out subprime mortgage borrowers.
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.
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.
Thursday, December 06, 2007
US Stocks Set To Bounce Back Wednesday Morning; OPEC To Maintain Current Production []
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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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