Gain Seen For Thai Stocks []
After a public holiday on Wednesday, the Thai stock market is poised to follow the rest of the region to the upside when the Stock Exchange of Thailand opens for business on Thursday.
Singapore Stocks Seen To Rebound []
The five-day winning streak is over, but investors in the Singapore stock market are optimistic about starting up another positive trend when the market kicks off trade on Friday.
Rebound Called For China Stocks []
After a minor correction on a cautious Thursday, investors in the China stock market hope the Shanghai Composite Index is ready to bounce back into positive territory on the final day of the business week.
Yen Falls To Major Currencies After GDP Numbers Revised Down [USD/JPY]
The yen declined against other major currencies in early morning Friday trading. Investors contemplated the release of data showing slower than expected Japanese economic growth.
Dollar Stable To Loonie After Early Losses; Traders Weighing Jobs Reports From US And Canada [USD/CAD]
The dollar was stable to the Canadian loonie after the release of Friday's pivotal report on the November jobs situation in the US. The greenback plunged in early dealing when data revealed strength in the Canadian jobs market.
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Saturday, December 08, 2007
Stocks Fall On Credit Concerns - U.S. Commentary []
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.
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.
Australia Stocks Look To Higher Ground Off Positive Wall Street Lead []
Australia Stocks Look To Higher Ground Off Positive Wall Street Lead []
Australia shares are poised to follow Wall Street's lead onto higher ground on Friday.
Australia shares are poised to follow Wall Street's lead onto higher ground on Friday.
Euro Has Mixed Results Against Other Major Currencies [EUR/USD]
Euro Has Mixed Results Against Other Major Currencies [EUR/USD]
The euro experienced mixed trading versus its major counterparts Friday morning. This is on the release of reports showing slightly better than expected industrial production out of Germany and economic growth in Italy.
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 Close Sharply Higher On Strong Economic Data - U.S. Commentary []
After closing lower in the two previous sessions, the U.S. stock markets staged a substantial rebound during trading on Wednesday. Most stocks moved higher following the release of some better than expected employment data.
New Zealand Dollar Hits New Multi-month High Against Pound []
Extending the gains posted yesterday, the New Zealand dollar moved to a new multi-month high of 2.5984 against the sterling during early New York deals on Friday, but the pair has rebounded to a high of 2.618 towards the close of the day. Breaking a resistance level of 2.6130, the kiwi leveled a high since late July against its British counterpart yesterday.
European Markets Rise On Strong U.S. Data - European Commentary []
The European markets rose sharply on Wednesday after better than expected U.S. productivity and employment data soothed some concern about the health of the world's largest economy.
Kiwi Choppy In Trading Against American Counterpart [NZD/USD]
The New Zealand currency was choppy in trading against its American counterpart on Friday. By the midday, the kiwi had bounced between a high of 0.7810 and a low of 0.7745. The pair moved as the November reading of Non-farm Payrolls came in at +94k for the US.
Stocks See Lackluster Performance Ahead Of Interest Rate Decision - U.S. Commentary []
Wall Street saw limited movement on Friday, with light volume and volatility characterizing today's trading as investors looked forward to next week and the Federal Reserve's interest rate decision.
Stocks Nearly Unchanged In Early Trading - U.S. Commentary []
Stocks have opened slightly to the downside in early trading on Thursday, as investors anxiously await the release of a plan by President Bush to freeze interest rates for up to five years in an effort to help subprime mortgage borrowers.
Euro Moves Towards Multi-Year High Versus Pound [EUR/GBP]
The euro moved higher against the British pound again on Friday and moved back towards the multi-year high reached earlier this week. The European currency fell in the early morning, but reversed its tend at around 9 a.m. ET and began to move higher.
The euro experienced mixed trading versus its major counterparts Friday morning. This is on the release of reports showing slightly better than expected industrial production out of Germany and economic growth in Italy.
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 Close Sharply Higher On Strong Economic Data - U.S. Commentary []
After closing lower in the two previous sessions, the U.S. stock markets staged a substantial rebound during trading on Wednesday. Most stocks moved higher following the release of some better than expected employment data.
New Zealand Dollar Hits New Multi-month High Against Pound []
Extending the gains posted yesterday, the New Zealand dollar moved to a new multi-month high of 2.5984 against the sterling during early New York deals on Friday, but the pair has rebounded to a high of 2.618 towards the close of the day. Breaking a resistance level of 2.6130, the kiwi leveled a high since late July against its British counterpart yesterday.
European Markets Rise On Strong U.S. Data - European Commentary []
The European markets rose sharply on Wednesday after better than expected U.S. productivity and employment data soothed some concern about the health of the world's largest economy.
Kiwi Choppy In Trading Against American Counterpart [NZD/USD]
The New Zealand currency was choppy in trading against its American counterpart on Friday. By the midday, the kiwi had bounced between a high of 0.7810 and a low of 0.7745. The pair moved as the November reading of Non-farm Payrolls came in at +94k for the US.
Stocks See Lackluster Performance Ahead Of Interest Rate Decision - U.S. Commentary []
Wall Street saw limited movement on Friday, with light volume and volatility characterizing today's trading as investors looked forward to next week and the Federal Reserve's interest rate decision.
Stocks Nearly Unchanged In Early Trading - U.S. Commentary []
Stocks have opened slightly to the downside in early trading on Thursday, as investors anxiously await the release of a plan by President Bush to freeze interest rates for up to five years in an effort to help subprime mortgage borrowers.
Euro Moves Towards Multi-Year High Versus Pound [EUR/GBP]
The euro moved higher against the British pound again on Friday and moved back towards the multi-year high reached earlier this week. The European currency fell in the early morning, but reversed its tend at around 9 a.m. ET and began to move higher.
Japan Stocks Get Boost For Higher Open From Wall Street Gains, Bush Sub-Prime Plan []
Japan Stocks Get Boost For Higher Open From Wall Street Gains, Bush Sub-Prime Plan []
Easing credit sector concerns triggered by the White House plan to freeze subprime mortgage rates may help push Japan shares and others around the world higher on Friday.
Kiwi Mixed Versus Majors Friday Midday [NZD/USD]
The New Zealand currency was mostly mixed against its counterparts in trading on Friday midday in New York. The kiwi moved with little economic news from the area.
Kiwi Choppy In Trading Against American Counterpart [NZD/USD]
The New Zealand currency was choppy in trading against its American counterpart on Friday. By the midday, the kiwi had bounced between a high of 0.7810 and a low of 0.7745. The pair moved as the November reading of Non-farm Payrolls came in at +94k for the US.
Japanese Shares Open Higher On Positive Wall Street Lead, Weaker Yen []
Thursday, Japanese shares were trading in the green, helped by a positive Wall Street lead and a weaker yen. The benchmark Nikkei 225 Index was gaining 242.95 points or 1.56% to 15,851.83, while the broader Tokyo Stock Price Index of all First Section issues or TOPIX advanced 20.28 points to 1,546.91.
Dollar Stable To Loonie After Early Losses; Traders Weighing Jobs Reports From US And Canada [USD/CAD]
The dollar was stable to the Canadian loonie after the release of Friday's pivotal report on the November jobs situation in the US. The greenback plunged in early dealing when data revealed strength in the Canadian jobs market.
Uncharted Territory For Malaysian Stocks []
The Malaysian stock market has been riding a hot streak, finishing higher in eight of the last nine sessions - and now the Kuala Lumpur Composite Index is starting from a fresh record high as it kicks off trade on Thursday.
FTN Financial Examines Recent Jobs Data []
Chris Low and Lindsey Piegza from FTN Financial remarked on Friday that the US Jobs data had a fairly harmless employment number from a trading perspective, consistent with the slowdown evident in other economic statistics.
Dollar Mixed Against Latin American Currencies [USD]
The US dollar showed mixed performance against its major Latin American counterparts on Friday. The greenback moved up against the Argentine currency, but extended its recent losses versus the rest of currencies.
Euro Has Mixed Results Against Other Major Currencies [EUR/USD]
The euro experienced mixed trading versus its major counterparts Friday morning. This is on the release of reports showing slightly better than expected industrial production out of Germany and economic growth in Italy.
Hang Seng Seen To Extend Gains []
The winning streak has hit seven sessions for the Hong Kong stock market, and investors say the Hang Seng Index is poised to reclaim the 30,000-point level when the market opens for business on Friday. Providing extra leverage will be the market debut of China Railway.
Easing credit sector concerns triggered by the White House plan to freeze subprime mortgage rates may help push Japan shares and others around the world higher on Friday.
Kiwi Mixed Versus Majors Friday Midday [NZD/USD]
The New Zealand currency was mostly mixed against its counterparts in trading on Friday midday in New York. The kiwi moved with little economic news from the area.
Kiwi Choppy In Trading Against American Counterpart [NZD/USD]
The New Zealand currency was choppy in trading against its American counterpart on Friday. By the midday, the kiwi had bounced between a high of 0.7810 and a low of 0.7745. The pair moved as the November reading of Non-farm Payrolls came in at +94k for the US.
Japanese Shares Open Higher On Positive Wall Street Lead, Weaker Yen []
Thursday, Japanese shares were trading in the green, helped by a positive Wall Street lead and a weaker yen. The benchmark Nikkei 225 Index was gaining 242.95 points or 1.56% to 15,851.83, while the broader Tokyo Stock Price Index of all First Section issues or TOPIX advanced 20.28 points to 1,546.91.
Dollar Stable To Loonie After Early Losses; Traders Weighing Jobs Reports From US And Canada [USD/CAD]
The dollar was stable to the Canadian loonie after the release of Friday's pivotal report on the November jobs situation in the US. The greenback plunged in early dealing when data revealed strength in the Canadian jobs market.
Uncharted Territory For Malaysian Stocks []
The Malaysian stock market has been riding a hot streak, finishing higher in eight of the last nine sessions - and now the Kuala Lumpur Composite Index is starting from a fresh record high as it kicks off trade on Thursday.
FTN Financial Examines Recent Jobs Data []
Chris Low and Lindsey Piegza from FTN Financial remarked on Friday that the US Jobs data had a fairly harmless employment number from a trading perspective, consistent with the slowdown evident in other economic statistics.
Dollar Mixed Against Latin American Currencies [USD]
The US dollar showed mixed performance against its major Latin American counterparts on Friday. The greenback moved up against the Argentine currency, but extended its recent losses versus the rest of currencies.
Euro Has Mixed Results Against Other Major Currencies [EUR/USD]
The euro experienced mixed trading versus its major counterparts Friday morning. This is on the release of reports showing slightly better than expected industrial production out of Germany and economic growth in Italy.
Hang Seng Seen To Extend Gains []
The winning streak has hit seven sessions for the Hong Kong stock market, and investors say the Hang Seng Index is poised to reclaim the 30,000-point level when the market opens for business on Friday. Providing extra leverage will be the market debut of China Railway.
Stocks Poised For Gains - U.S. Commentary []
Stocks Poised For Gains - U.S. Commentary []
Wall Street is headed for a higher opening on Thursday, extending sharp gains from the previous sessions, as investors mull over mixed retail data and anxiously await the release of a plan to help subprime borrowers.
Markets Nearly Unchanged In Recent Trading - U.S. Commentary []
U.S. stocks are posing slight losses on Tuesday, as investors remain cautious over the state of the credit markets following negative comments from a JP Morgan analyst.
Stocks Continue To Post Standout Gains In Early Afternoon Trading - U.S. Commentary []
After closing lower in the two previous sessions, the U.S. stock markets have moved back to the upside on Wednesday. The markets are benefiting from broad based strength following the release of some better than expected economic data.
Stocks Fall On Credit Concerns - U.S. Commentary []
Credit worries and fears concerning the outlook for the economy have helped push stocks lower in early trading on Tuesday, as brokerage stocks see the greatest weakness after several large brokerage firms were downgraded this morning.
Wall Street is headed for a higher opening on Thursday, extending sharp gains from the previous sessions, as investors mull over mixed retail data and anxiously await the release of a plan to help subprime borrowers.
Markets Nearly Unchanged In Recent Trading - U.S. Commentary []
U.S. stocks are posing slight losses on Tuesday, as investors remain cautious over the state of the credit markets following negative comments from a JP Morgan analyst.
Stocks Continue To Post Standout Gains In Early Afternoon Trading - U.S. Commentary []
After closing lower in the two previous sessions, the U.S. stock markets have moved back to the upside on Wednesday. The markets are benefiting from broad based strength following the release of some better than expected economic data.
Stocks Fall On Credit Concerns - U.S. Commentary []
Credit worries and fears concerning the outlook for the economy have helped push stocks lower in early trading on Tuesday, as brokerage stocks see the greatest weakness after several large brokerage firms were downgraded this morning.
Friday, December 07, 2007
More Record Territory Seen For Jakarta Stocks []
More Record Territory Seen For Jakarta Stocks []
The Indonesian stock market has closed at a record high every day so far this week, and investors like their chances of making it a clean sweep when the Jakarta Composite Index kicks off trade on Friday.
Most Asian Markets Gain On Overnight Wall Street Rally- Asian Commentary []
Stock markets in Asia-Pacific region generally closed higher on Thursday, as investor sentiment lifted on a overnight Wall Street surge.
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.
Gain Called For Singapore Stocks []
The Singapore stock market has stretched its winning streak to five sessions, and investors like their chances at a sixth straight positive day when the Straits Times Index opens for business on Thursday.
South Korean Stocks Slide Into Negative Territory []
Friday, Seoul scrips opened higher, but later slipped into negative terrain as investors began to take profits. The benchmark KOSPI Index was declining 10.58 points or 0.54% to 1,942.59.
Hang Seng Seen To Extend Gains []
The winning streak has hit seven sessions for the Hong Kong stock market, and investors say the Hang Seng Index is poised to reclaim the 30,000-point level when the market opens for business on Friday. Providing extra leverage will be the market debut of China Railway.
Asian Markets Close Mixed For Weekend - Asian Commentary []
Stock markets across Asia-Pacific were mixed on Friday as the late afternoon session saw the South Korean and Hong Kong markets falling on profit-taking, while Japanese, Australian and New Zealand bourses extended overnight gains.
Stocks Nearly Unchanged Following Employment Report - U.S. Commentary []
Stocks are turning in a lackluster performance on Friday, as investors mull over fresh employment data for the month of November released prior to the opening bell.
Asian Bourses Advance, Propped Up By Wall Street Gains - Asian Commentary []
Friday, stock markets across the Asia Pacific region were trading in the green, propped up by the strong overnight gains on Wall Street. Wellington stocks opened lower, but later climbed into positive territory, while shares in Sydney were advancing on the back of the positive Wall Street lead.
The Indonesian stock market has closed at a record high every day so far this week, and investors like their chances of making it a clean sweep when the Jakarta Composite Index kicks off trade on Friday.
Most Asian Markets Gain On Overnight Wall Street Rally- Asian Commentary []
Stock markets in Asia-Pacific region generally closed higher on Thursday, as investor sentiment lifted on a overnight Wall Street surge.
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.
Gain Called For Singapore Stocks []
The Singapore stock market has stretched its winning streak to five sessions, and investors like their chances at a sixth straight positive day when the Straits Times Index opens for business on Thursday.
South Korean Stocks Slide Into Negative Territory []
Friday, Seoul scrips opened higher, but later slipped into negative terrain as investors began to take profits. The benchmark KOSPI Index was declining 10.58 points or 0.54% to 1,942.59.
Hang Seng Seen To Extend Gains []
The winning streak has hit seven sessions for the Hong Kong stock market, and investors say the Hang Seng Index is poised to reclaim the 30,000-point level when the market opens for business on Friday. Providing extra leverage will be the market debut of China Railway.
Asian Markets Close Mixed For Weekend - Asian Commentary []
Stock markets across Asia-Pacific were mixed on Friday as the late afternoon session saw the South Korean and Hong Kong markets falling on profit-taking, while Japanese, Australian and New Zealand bourses extended overnight gains.
Stocks Nearly Unchanged Following Employment Report - U.S. Commentary []
Stocks are turning in a lackluster performance on Friday, as investors mull over fresh employment data for the month of November released prior to the opening bell.
Asian Bourses Advance, Propped Up By Wall Street Gains - Asian Commentary []
Friday, stock markets across the Asia Pacific region were trading in the green, propped up by the strong overnight gains on Wall Street. Wellington stocks opened lower, but later climbed into positive territory, while shares in Sydney were advancing on the back of the positive Wall Street lead.
Futures Indicating Higher Opens Following Bernanke Comments, Drop In Oil Prices - European Market Preview []
Futures Indicating Higher Opens Following Bernanke Comments, Drop In Oil Prices - European Market Preview []
European futures are pointing to a higher open on Friday as speculation regarding an interest rate cut in the U.S. was encouraged by comments made Thursday night by Federal Reserve Chairman Ben Bernanke.
Stocks Continue To Post Standout Gains In Early Afternoon Trading - U.S. Commentary []
After closing lower in the two previous sessions, the U.S. stock markets have moved back to the upside on Wednesday. The markets are benefiting from broad based strength following the release of some better than expected economic data.
European futures are pointing to a higher open on Friday as speculation regarding an interest rate cut in the U.S. was encouraged by comments made Thursday night by Federal Reserve Chairman Ben Bernanke.
Stocks Continue To Post Standout Gains In Early Afternoon Trading - U.S. Commentary []
After closing lower in the two previous sessions, the U.S. stock markets have moved back to the upside on Wednesday. The markets are benefiting from broad based strength following the release of some better than expected economic data.
Stocks Adding To Early Gains In Late Morning Trading - U.S. Commentary []
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.
Hang Seng Seen To Extend Gains []
The winning streak has hit seven sessions for the Hong Kong stock market, and investors say the Hang Seng Index is poised to reclaim the 30,000-point level when the market opens for business on Friday. Providing extra leverage will be the market debut of China Railway.
Stocks Performing Well On Strong Economic Data - U.S. Commentary []
With traders reacting positively to better than expected economic data, the U.S. stock markets are seeing significant strength in morning trading on Wednesday. Stocks have moved mostly higher after closing lower in the two previous sessions.
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.
Hang Seng Seen To Extend Gains []
The winning streak has hit seven sessions for the Hong Kong stock market, and investors say the Hang Seng Index is poised to reclaim the 30,000-point level when the market opens for business on Friday. Providing extra leverage will be the market debut of China Railway.
Stocks Performing Well On Strong Economic Data - U.S. Commentary []
With traders reacting positively to better than expected economic data, the U.S. stock markets are seeing significant strength in morning trading on Wednesday. Stocks have moved mostly higher after closing lower in the two previous sessions.
Stocks May Rally On Strong Employment Data - U.S. Commentary []
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.
Economic Uncertainty Drives Stocks Lower - U.S. Commentary []
Wall Street is experiencing modest selling pressure on Tuesday, as financials lead the markets lower on concerns about the health of the economy and fears within the credit markets.
Stocks Move Higher Following Subprime Deal - U.S. Commentary []
Wall Street continues to trade in a tight daily range on Thursday, as investors mull over an announced plan to help hundreds of thousands of homeowners deal with rising mortgage payments.
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 Fall On Credit Concerns - U.S. Commentary []
Credit worries and fears concerning the outlook for the economy have helped push stocks lower in early trading on Tuesday, as brokerage stocks see the greatest weakness after several large brokerage firms were downgraded this morning.
Dollar Holds Steady After November Jobs Report [EUR/USD]
The dollar extended its winning streak against the yen and paused versus the euro and sterling Friday morning. Traders showed little immediate reaction to the release of US employment data for November that came relatively in line with expectations.
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.
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.
Economic Uncertainty Drives Stocks Lower - U.S. Commentary []
Wall Street is experiencing modest selling pressure on Tuesday, as financials lead the markets lower on concerns about the health of the economy and fears within the credit markets.
Stocks Move Higher Following Subprime Deal - U.S. Commentary []
Wall Street continues to trade in a tight daily range on Thursday, as investors mull over an announced plan to help hundreds of thousands of homeowners deal with rising mortgage payments.
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 Fall On Credit Concerns - U.S. Commentary []
Credit worries and fears concerning the outlook for the economy have helped push stocks lower in early trading on Tuesday, as brokerage stocks see the greatest weakness after several large brokerage firms were downgraded this morning.
Dollar Holds Steady After November Jobs Report [EUR/USD]
The dollar extended its winning streak against the yen and paused versus the euro and sterling Friday morning. Traders showed little immediate reaction to the release of US employment data for November that came relatively in line with expectations.
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.
Uncharted Territory For Malaysian Stocks []
Uncharted Territory For Malaysian Stocks []
The Malaysian stock market has been riding a hot streak, finishing higher in eight of the last nine sessions - and now the Kuala Lumpur Composite Index is starting from a fresh record high as it kicks off trade on Thursday.
Japanese Yen Falls Further Against Majors [JPY]
The Japanese yen weakened against its major counterparts in early deals on Friday. At about 5.23am Eastern Time, the yen hit a low of 111.49 against the dollar, 163.21 versus the euro, 226.63 against the sterling and 98.68 against the franc.
Australian Stocks Advance, Tracking Positive Wall Street Lead []
Thursday, Sydney stocks opened sharply higher, tracking the positive overnight lead from Wall Street. The benchmark S&P/ASX 200 Index was advancing 94.30 points or 1.45% to 6,602.40, while the All Ordinaries Index was gaining 90.20 points or 1.37% to 6,658.60.
Aussie Declines Further Against US Dollar And Euro [AUD]
The Australian dollar weakened further against its US and European counterparts. As of 5:15 am ET, the Aussie was worth 0.8747 against the US dollar and 1.6734 against the euro.
The Malaysian stock market has been riding a hot streak, finishing higher in eight of the last nine sessions - and now the Kuala Lumpur Composite Index is starting from a fresh record high as it kicks off trade on Thursday.
Japanese Yen Falls Further Against Majors [JPY]
The Japanese yen weakened against its major counterparts in early deals on Friday. At about 5.23am Eastern Time, the yen hit a low of 111.49 against the dollar, 163.21 versus the euro, 226.63 against the sterling and 98.68 against the franc.
Australian Stocks Advance, Tracking Positive Wall Street Lead []
Thursday, Sydney stocks opened sharply higher, tracking the positive overnight lead from Wall Street. The benchmark S&P/ASX 200 Index was advancing 94.30 points or 1.45% to 6,602.40, while the All Ordinaries Index was gaining 90.20 points or 1.37% to 6,658.60.
Aussie Declines Further Against US Dollar And Euro [AUD]
The Australian dollar weakened further against its US and European counterparts. As of 5:15 am ET, the Aussie was worth 0.8747 against the US dollar and 1.6734 against the euro.
Stocks Fall On Economic Data - U.S. Commentary []
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.
Mexican Peso Advances Against US Dollar [USD/MXN]
The Mexican peso gained ground against the US dollar at about 10:05 pm Eastern Time, Thursday and moved to a high of 10.8152 at about 2:35 am ET. This set a new multi-week high for the peso. The pair closed yesterday's deals at 10.8295. The peso is in an upward channel against the greenback since November 27.
Stocks Trading Modestly Higher - U.S. Commentary []
The markets are forestalling any major movements in early trading on Thursday, as investors anxiously await the President's announcement on his plan to bail out subprime mortgage borrowers.
Stocks Continue To Post Standout Gains In Early Afternoon Trading - U.S. Commentary []
After closing lower in the two previous sessions, the U.S. stock markets have moved back to the upside on Wednesday. The markets are benefiting from broad based strength following the release of some better than expected economic data.
Yen Mixed Against Majors [JPY]
The Japanese yen showed a mixed trading against its major counterparts in early Asian trading on Friday. While the yen gained against the pound and the franc, it dropped versus the rest of its major counterparts.
Stocks Fall On Economic Data - U.S. Commentary []
Stocks turned to the downside on Monday, reversing the upward trend generated last week on economic worries after weak manufacturing data was released early in the session.
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.
Mexican Peso Advances Against US Dollar [USD/MXN]
The Mexican peso gained ground against the US dollar at about 10:05 pm Eastern Time, Thursday and moved to a high of 10.8152 at about 2:35 am ET. This set a new multi-week high for the peso. The pair closed yesterday's deals at 10.8295. The peso is in an upward channel against the greenback since November 27.
Stocks Trading Modestly Higher - U.S. Commentary []
The markets are forestalling any major movements in early trading on Thursday, as investors anxiously await the President's announcement on his plan to bail out subprime mortgage borrowers.
Stocks Continue To Post Standout Gains In Early Afternoon Trading - U.S. Commentary []
After closing lower in the two previous sessions, the U.S. stock markets have moved back to the upside on Wednesday. The markets are benefiting from broad based strength following the release of some better than expected economic data.
Yen Mixed Against Majors [JPY]
The Japanese yen showed a mixed trading against its major counterparts in early Asian trading on Friday. While the yen gained against the pound and the franc, it dropped versus the rest of its major counterparts.
Stocks Fall On Economic Data - U.S. Commentary []
Stocks turned to the downside on Monday, reversing the upward trend generated last week on economic worries after weak manufacturing data was released early in the session.
Thursday, December 06, 2007
European Markets Rise On Strong U.S. Data - European Commentary []
European Markets Rise On Strong U.S. Data - European Commentary []
The European markets rose sharply on Wednesday after better than expected U.S. productivity and employment data soothed some concern about the health of the world's largest 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.
Futures Indicating Higher Opens Following Bernanke Comments, Drop In Oil Prices - European Market Preview []
European futures are pointing to a higher open on Friday as speculation regarding an interest rate cut in the U.S. was encouraged by comments made Thursday night by Federal Reserve Chairman Ben Bernanke.
Australian Stocks Advance, Tracking Positive Wall Street Lead []
Thursday, Sydney stocks opened sharply higher, tracking the positive overnight lead from Wall Street. The benchmark S&P/ASX 200 Index was advancing 94.30 points or 1.45% to 6,602.40, while the All Ordinaries Index was gaining 90.20 points or 1.37% to 6,658.60.
Jakarta Stocks May Test 2,800 Points []
Riding a string of three straight record closes, the Indonesian stock market could test the 2,800 plateau when the Jakarta Composite Index kicks off trade on Thursday.
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.
The European markets rose sharply on Wednesday after better than expected U.S. productivity and employment data soothed some concern about the health of the world's largest 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.
Futures Indicating Higher Opens Following Bernanke Comments, Drop In Oil Prices - European Market Preview []
European futures are pointing to a higher open on Friday as speculation regarding an interest rate cut in the U.S. was encouraged by comments made Thursday night by Federal Reserve Chairman Ben Bernanke.
Australian Stocks Advance, Tracking Positive Wall Street Lead []
Thursday, Sydney stocks opened sharply higher, tracking the positive overnight lead from Wall Street. The benchmark S&P/ASX 200 Index was advancing 94.30 points or 1.45% to 6,602.40, while the All Ordinaries Index was gaining 90.20 points or 1.37% to 6,658.60.
Jakarta Stocks May Test 2,800 Points []
Riding a string of three straight record closes, the Indonesian stock market could test the 2,800 plateau when the Jakarta Composite Index kicks off trade on Thursday.
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.
US Stocks Set To Bounce Back Wednesday Morning; OPEC To Maintain Current Production []
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.
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.
Kiwi Choppy Versus Dollar In Trading On Thursday [NZD/USD]
Kiwi Choppy Versus Dollar In Trading On Thursday [NZD/USD]
The New Zealand currency was choppy against its American counterpart in trading on Thursday. The kiwi bounced between a high of 0.7730 and a low of 0.7690 as action progressed. The pair moved as a US report showed that jobless claims fell to 338,000 from the previous week's revised figure of 353,000.
Kiwi Moves Uncertainly Against Yen [NZD/JPY]
In trading against the yen on Thursday, the New Zealand currency saw mixed action into the midday. The kiwi bounced between a high of 85.88 and a low of 85.10 as trading progressed. The pair moved as the Organization for Economic Cooperation and Development slashed Japan's economic growth for 2008 to 1.6% from 2.1% previously estimated.
Kiwi Mixed In Action Versus Euro [EUR/NZD]
Versus the euro on Thursday, the New Zealand currency saw mixed action. The currency fell sharply past 1.8950 in the early hours, but started to recover around midday to move at 1.8941. The currencies traded as the European Central Bank maintained its key interest rate at a six-year high of 4%.
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.
Greenback Mixed Against Majors Thursday Ahead Of Pivotal Employment Reading [EUR/USD]
The greenback was mixed against other major currencies on Thursday in New York ahead of Friday's pivotal reading of the US employment situation. Traders also considered a surprise rate cut from the Bank of England.
The New Zealand currency was choppy against its American counterpart in trading on Thursday. The kiwi bounced between a high of 0.7730 and a low of 0.7690 as action progressed. The pair moved as a US report showed that jobless claims fell to 338,000 from the previous week's revised figure of 353,000.
Kiwi Moves Uncertainly Against Yen [NZD/JPY]
In trading against the yen on Thursday, the New Zealand currency saw mixed action into the midday. The kiwi bounced between a high of 85.88 and a low of 85.10 as trading progressed. The pair moved as the Organization for Economic Cooperation and Development slashed Japan's economic growth for 2008 to 1.6% from 2.1% previously estimated.
Kiwi Mixed In Action Versus Euro [EUR/NZD]
Versus the euro on Thursday, the New Zealand currency saw mixed action. The currency fell sharply past 1.8950 in the early hours, but started to recover around midday to move at 1.8941. The currencies traded as the European Central Bank maintained its key interest rate at a six-year high of 4%.
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.
Greenback Mixed Against Majors Thursday Ahead Of Pivotal Employment Reading [EUR/USD]
The greenback was mixed against other major currencies on Thursday in New York ahead of Friday's pivotal reading of the US employment situation. Traders also considered a surprise rate cut from the Bank of England.
Markets Open In Green - Indian Commentary []
Markets Open In Green - Indian Commentary []
Wednesday, Indian shares opened higher despite weak cues from global markets. At 10:03 a.m. IST, the Sensex was up 96 points at 19,626 and the broader Nifty was adding 27 points to 5,885.
New Zealand Stocks Trade In Negative Terrain []
Thursday, Wellington stocks opened in the green on the back of a positive Wall Street lead, but later slipped into negative terrain. The benchmark NZX 50 Index was losing 13.33 points or 0.33% to 4,021.21, while the NZX All Capital Index was declining 9.56 points or 0.23% to 4,079.16.
Australian Market Closes Lower On Wall Street Losses, Lower Base Metals []
Wednesday, Sydney shares closed lower, but off day's lows, on the back of a negative lead from Wall Street and lower base metal prices. However, merger and acquisition activity provided some degree of support to the market.
Kiwi Mixed In Action Versus Euro [EUR/NZD]
Versus the euro on Thursday, the New Zealand currency saw mixed action. The currency fell sharply past 1.8950 in the early hours, but started to recover around midday to move at 1.8941. The currencies traded as the European Central Bank maintained its key interest rate at a six-year high of 4%.
Markets Likely To Open Lower Tracking Weak Global Cues - Indian Commentary []
Global cues are pointing towards a lower opening for the Indian market on Wednesday. The major U.S. averages closed lower overnight and the stock markets across the Asia-Pacific region are trading weak on Wednesday. Crude prices continue to remain firm around the US$89 a barrel mark.
Hang Seng To Test 30,000 Points []
The Hong Kong stock market has finished higher now in six straight sessions as it marches inexorably back to the 30,000-point plateau - and investors think the Hang Seng Index could reach that goal as early as Thursday.
Amended: China Stocks Close Sharply Higher As PetroChina Rebounds []
Amended: In the earlier version of the article, in the headline it was written 'Shaply' instead of 'Sharply'. The error has been corrected.
South Korean Shares Advance []
Thursday, Seoul stocks opened higher as investors garnered tech and other large cap stocks. The benchmark Korea Composite Stock Price Index or KOSPI climbed 24.37 points or 1.26% to 1,962.65.
Most Asian Markets Gain On Overnight Wall Street Rally- Asian Commentary []
Stock markets in Asia-Pacific region generally closed higher on Thursday, as investor sentiment lifted on a overnight Wall Street surge.
Gain Called For Singapore Stocks []
The Singapore stock market has stretched its winning streak to five sessions, and investors like their chances at a sixth straight positive day when the Straits Times Index opens for business on Thursday.
Wednesday, Indian shares opened higher despite weak cues from global markets. At 10:03 a.m. IST, the Sensex was up 96 points at 19,626 and the broader Nifty was adding 27 points to 5,885.
New Zealand Stocks Trade In Negative Terrain []
Thursday, Wellington stocks opened in the green on the back of a positive Wall Street lead, but later slipped into negative terrain. The benchmark NZX 50 Index was losing 13.33 points or 0.33% to 4,021.21, while the NZX All Capital Index was declining 9.56 points or 0.23% to 4,079.16.
Australian Market Closes Lower On Wall Street Losses, Lower Base Metals []
Wednesday, Sydney shares closed lower, but off day's lows, on the back of a negative lead from Wall Street and lower base metal prices. However, merger and acquisition activity provided some degree of support to the market.
Kiwi Mixed In Action Versus Euro [EUR/NZD]
Versus the euro on Thursday, the New Zealand currency saw mixed action. The currency fell sharply past 1.8950 in the early hours, but started to recover around midday to move at 1.8941. The currencies traded as the European Central Bank maintained its key interest rate at a six-year high of 4%.
Markets Likely To Open Lower Tracking Weak Global Cues - Indian Commentary []
Global cues are pointing towards a lower opening for the Indian market on Wednesday. The major U.S. averages closed lower overnight and the stock markets across the Asia-Pacific region are trading weak on Wednesday. Crude prices continue to remain firm around the US$89 a barrel mark.
Hang Seng To Test 30,000 Points []
The Hong Kong stock market has finished higher now in six straight sessions as it marches inexorably back to the 30,000-point plateau - and investors think the Hang Seng Index could reach that goal as early as Thursday.
Amended: China Stocks Close Sharply Higher As PetroChina Rebounds []
Amended: In the earlier version of the article, in the headline it was written 'Shaply' instead of 'Sharply'. The error has been corrected.
South Korean Shares Advance []
Thursday, Seoul stocks opened higher as investors garnered tech and other large cap stocks. The benchmark Korea Composite Stock Price Index or KOSPI climbed 24.37 points or 1.26% to 1,962.65.
Most Asian Markets Gain On Overnight Wall Street Rally- Asian Commentary []
Stock markets in Asia-Pacific region generally closed higher on Thursday, as investor sentiment lifted on a overnight Wall Street surge.
Gain Called For Singapore Stocks []
The Singapore stock market has stretched its winning streak to five sessions, and investors like their chances at a sixth straight positive day when the Straits Times Index opens for business on Thursday.
Markets Nearly Unchanged In Recent Trading - U.S. Commentary []
Markets Nearly Unchanged In Recent Trading - U.S. Commentary []
U.S. stocks are posing slight losses on Tuesday, as investors remain cautious over the state of the credit markets following negative comments from a JP Morgan analyst.
Stocks Performing Well On Strong Economic Data - U.S. Commentary []
With traders reacting positively to better than expected economic data, the U.S. stock markets are seeing significant strength in morning trading on Wednesday. Stocks have moved mostly higher after closing lower in the two previous sessions.
Stocks Continue To Post Standout Gains In Early Afternoon Trading - U.S. Commentary []
After closing lower in the two previous sessions, the U.S. stock markets have moved back to the upside on Wednesday. The markets are benefiting from broad based strength following the release of some better than expected economic data.
Stocks Move To The Upside In Recent Trading - U.S. Commentary []
U.S. stocks are seeing limited movement on Monday, as investors take time to digest comments made by Treasury Secretary Hank Paulson and manufacturing data released earlier in the session.
KOSPI Seen To Extend Gains []
The South Korean stock market has posted gains in two straight days and gone higher in four of the last five sessions - and the cues point to the KOSPI extending both streaks when the market opens on Thursday.
U.S. stocks are posing slight losses on Tuesday, as investors remain cautious over the state of the credit markets following negative comments from a JP Morgan analyst.
Stocks Performing Well On Strong Economic Data - U.S. Commentary []
With traders reacting positively to better than expected economic data, the U.S. stock markets are seeing significant strength in morning trading on Wednesday. Stocks have moved mostly higher after closing lower in the two previous sessions.
Stocks Continue To Post Standout Gains In Early Afternoon Trading - U.S. Commentary []
After closing lower in the two previous sessions, the U.S. stock markets have moved back to the upside on Wednesday. The markets are benefiting from broad based strength following the release of some better than expected economic data.
Stocks Move To The Upside In Recent Trading - U.S. Commentary []
U.S. stocks are seeing limited movement on Monday, as investors take time to digest comments made by Treasury Secretary Hank Paulson and manufacturing data released earlier in the session.
KOSPI Seen To Extend Gains []
The South Korean stock market has posted gains in two straight days and gone higher in four of the last five sessions - and the cues point to the KOSPI extending both streaks when the market opens on Thursday.
Wednesday, December 05, 2007
Japan Stocks Look To Build On Rebound []
Japan Stocks Look To Build On Rebound []
Japan stocks will look Thursday to build on the momentum of Wednesda's rebound and Wall Street's up-side lead.
Greenback Hits 3-month High Against Hong Kong Dollar [USD/HKD]
During the early Asian deals on Thursday, the US dollar advanced against the Hong Kong currency. The pair hit a high of 7.7981 about 9:55 pm ET, compared to yesterday's close of 7.7962. This set a 3-month high for the greenback. Upside, 7.810 can likely be the next target level for the pair.
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.
Economic Uncertainty Drives Stocks Lower - U.S. Commentary []
Wall Street is experiencing modest selling pressure on Tuesday, as financials lead the markets lower on concerns about the health of the economy and fears within the credit markets.
Euro Spiking Against Swiss Franc [EUR/CHF]
The euro is moving higher against the Swiss Franc. the pair is trading in New York at 1.6491.
Dollar Soars To 2-month High Versus Sterling Amid Talk Of BOE Rate Cut [GPB/USD]
The dollar extended its dramatic advance from earlier in the session versus the sterling Wednesday afternoon, climbing to a 2-month high of 2.0251 by 2:30 pm ET. The dollar has picked up 4 cents in the past two sessions amid indications that Bank of England will lower its key overnight call rate on Thursday.
Japan stocks will look Thursday to build on the momentum of Wednesda's rebound and Wall Street's up-side lead.
Greenback Hits 3-month High Against Hong Kong Dollar [USD/HKD]
During the early Asian deals on Thursday, the US dollar advanced against the Hong Kong currency. The pair hit a high of 7.7981 about 9:55 pm ET, compared to yesterday's close of 7.7962. This set a 3-month high for the greenback. Upside, 7.810 can likely be the next target level for the pair.
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.
Economic Uncertainty Drives Stocks Lower - U.S. Commentary []
Wall Street is experiencing modest selling pressure on Tuesday, as financials lead the markets lower on concerns about the health of the economy and fears within the credit markets.
Euro Spiking Against Swiss Franc [EUR/CHF]
The euro is moving higher against the Swiss Franc. the pair is trading in New York at 1.6491.
Dollar Soars To 2-month High Versus Sterling Amid Talk Of BOE Rate Cut [GPB/USD]
The dollar extended its dramatic advance from earlier in the session versus the sterling Wednesday afternoon, climbing to a 2-month high of 2.0251 by 2:30 pm ET. The dollar has picked up 4 cents in the past two sessions amid indications that Bank of England will lower its key overnight call rate on Thursday.
Pound Extends Losses Versus Dollar, Picks Up Some Ground Against Euro And Yen [GBP]
Pound Extends Losses Versus Dollar, Picks Up Some Ground Against Euro And Yen [GBP]
The British currency picked up some ground against the euro and the yen during New York afternoon trading on Wednesday. The currency fell to a new 4 � year low of 0.724 against the euro and a 6-week low of 2.026 aganst the dollar during early deals today.
TSX Soars 180 Points As Energy, Tech Stocks Shine - Canadian Commentary []
Canadian stocks charged to the upside at the opening bell Wednesday and are extending their early gains in mid-day dealing. The energy sector has seen significant strength amid bullish inventories data and news that OPEC will not be raising crude production.
Dollar Heads Higher Versus Euro [EUR/USD]
The dollar raced higher versus the euro in mid-afternoon dealing, extending its gains from earlier in the session. The dollar jumped to 1.4633 and was set to challenge Monday's multi-week high of 1.4619.
Stocks Fall On Economic Data - U.S. Commentary []
Stocks turned to the downside on Monday, reversing the upward trend generated last week on economic worries after weak manufacturing data was released early in the session.
Japanese Market Rebounds As Yen Weakens []
Wednesday, Tokyo shares rebounded in late trade to end higher as news that British mortgage lender Northern Rock may be nationalized helped ease worries about the housing loan market. The report sent the dollar higher against the yen, lifting sentiment on Japanese exporters.
Dollar Breaks Through Resistance, Hits 3-week High Versus Euro [EUR/USD]
The dollar broke above resistance versus the euro in the past few minutes, hitting a 3-week high of 1.4615. The dollar has risen sharply Wednesday, climbing from 1.477 the previous evening.
Resurgent Industrial, Energy Stocks Help TSX Soar 150 Points Wednesday - Canadian Commentary []
Canadian stocks got back on the winning track Wednesday, erasing losses from the previous two sessions amid pent up buying interest a day after the Bank of Canada unexpectedly lowered its key interest rate.
Stocks Open Slightly To The Downside - U.S. Commentary []
Wall Street is posting modest losses at the opening on Monday, as stocks experience a slight pull-back after seeing significant strength in the previous week.
The British currency picked up some ground against the euro and the yen during New York afternoon trading on Wednesday. The currency fell to a new 4 � year low of 0.724 against the euro and a 6-week low of 2.026 aganst the dollar during early deals today.
TSX Soars 180 Points As Energy, Tech Stocks Shine - Canadian Commentary []
Canadian stocks charged to the upside at the opening bell Wednesday and are extending their early gains in mid-day dealing. The energy sector has seen significant strength amid bullish inventories data and news that OPEC will not be raising crude production.
Dollar Heads Higher Versus Euro [EUR/USD]
The dollar raced higher versus the euro in mid-afternoon dealing, extending its gains from earlier in the session. The dollar jumped to 1.4633 and was set to challenge Monday's multi-week high of 1.4619.
Stocks Fall On Economic Data - U.S. Commentary []
Stocks turned to the downside on Monday, reversing the upward trend generated last week on economic worries after weak manufacturing data was released early in the session.
Japanese Market Rebounds As Yen Weakens []
Wednesday, Tokyo shares rebounded in late trade to end higher as news that British mortgage lender Northern Rock may be nationalized helped ease worries about the housing loan market. The report sent the dollar higher against the yen, lifting sentiment on Japanese exporters.
Dollar Breaks Through Resistance, Hits 3-week High Versus Euro [EUR/USD]
The dollar broke above resistance versus the euro in the past few minutes, hitting a 3-week high of 1.4615. The dollar has risen sharply Wednesday, climbing from 1.477 the previous evening.
Resurgent Industrial, Energy Stocks Help TSX Soar 150 Points Wednesday - Canadian Commentary []
Canadian stocks got back on the winning track Wednesday, erasing losses from the previous two sessions amid pent up buying interest a day after the Bank of Canada unexpectedly lowered its key interest rate.
Stocks Open Slightly To The Downside - U.S. Commentary []
Wall Street is posting modest losses at the opening on Monday, as stocks experience a slight pull-back after seeing significant strength in the previous week.
European Markets Rise On Strong U.S. Data - European Commentary []
European Markets Rise On Strong U.S. Data - European Commentary []
The European markets rose sharply on Wednesday after better than expected U.S. productivity and employment data soothed some concern about the health of the world's largest economy.
Amended: China Stocks Close Sharply Higher As PetroChina Rebounds []
Amended: In the earlier version of the article, in the headline it was written 'Shaply' instead of 'Sharply'. The error has been corrected.
US Stocks Poised For Weak Open Tuesday Morning Amid Anxiety Over Housing, Credit Markets - US Commentary []
Jittery investors appeared focused on problems in the housing and lending sectors Tuesday morning as stock futures tumbled, signalling a negative open on Wall Street Tuesday morning.
European Markets Fall, Led By Banks And Techs - European Commentary []
The European markets fell on Tuesday, as banking stocks declined on earnings growth concern and technology stocks edged lower following disappointing trading updates from mobile phone maker Nokia.
The European markets rose sharply on Wednesday after better than expected U.S. productivity and employment data soothed some concern about the health of the world's largest economy.
Amended: China Stocks Close Sharply Higher As PetroChina Rebounds []
Amended: In the earlier version of the article, in the headline it was written 'Shaply' instead of 'Sharply'. The error has been corrected.
US Stocks Poised For Weak Open Tuesday Morning Amid Anxiety Over Housing, Credit Markets - US Commentary []
Jittery investors appeared focused on problems in the housing and lending sectors Tuesday morning as stock futures tumbled, signalling a negative open on Wall Street Tuesday morning.
European Markets Fall, Led By Banks And Techs - European Commentary []
The European markets fell on Tuesday, as banking stocks declined on earnings growth concern and technology stocks edged lower following disappointing trading updates from mobile phone maker Nokia.
New Zealand Market Closes Lower For Fifth Consecutive Day []
New Zealand Market Closes Lower For Fifth Consecutive Day []
Tuesday, Wellington shares closed lower for a fifth straight session, but off day's lows, after the U.S. stocks fell overnight. The benchmark NZX 50 index closed down 6.15 points or 0.15% at 4,053.9 and the broader NZX All Capital index shed 0.67 points or 0.24% to end at 1,096.95.
Stocks Fall On Economic Data - U.S. Commentary []
Stocks turned to the downside on Monday, reversing the upward trend generated last week on economic worries after weak manufacturing data was released early in the session.
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 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.
Tuesday, Wellington shares closed lower for a fifth straight session, but off day's lows, after the U.S. stocks fell overnight. The benchmark NZX 50 index closed down 6.15 points or 0.15% at 4,053.9 and the broader NZX All Capital index shed 0.67 points or 0.24% to end at 1,096.95.
Stocks Fall On Economic Data - U.S. Commentary []
Stocks turned to the downside on Monday, reversing the upward trend generated last week on economic worries after weak manufacturing data was released early in the session.
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 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.
Markets Headed For A Flat Opening On Monday - U.S. Commentary []
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.
Markets Nearly Unchanged In Recent Trading - U.S. Commentary []
U.S. stocks are posing slight losses on Tuesday, as investors remain cautious over the state of the credit markets following negative comments from a JP Morgan analyst.
Stocks Fall On Economic Data - U.S. Commentary []
Stocks turned to the downside on Monday, reversing the upward trend generated last week on economic worries after weak manufacturing data was released early in the session.
Stocks Slide On Economic Worries - U.S. Commentary []
Wall Street is turning in a lackluster performance on Tuesday, as stocks trade in a tight daily range below the unchanged line on credit fears and uncertainty ahead of the Federal Reserve's upcoming interest rate decision.
Stocks Open Slightly To The Downside - U.S. Commentary []
Wall Street is posting modest losses at the opening on Monday, as stocks experience a slight pull-back after seeing significant strength in the previous week.
US Stocks Poised For Weak Open Tuesday Morning Amid Anxiety Over Housing, Credit Markets - US Commentary []
Jittery investors appeared focused on problems in the housing and lending sectors Tuesday morning as stock futures tumbled, signalling a negative open on Wall Street Tuesday morning.
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.
Markets Nearly Unchanged In Recent Trading - U.S. Commentary []
U.S. stocks are posing slight losses on Tuesday, as investors remain cautious over the state of the credit markets following negative comments from a JP Morgan analyst.
Stocks Fall On Economic Data - U.S. Commentary []
Stocks turned to the downside on Monday, reversing the upward trend generated last week on economic worries after weak manufacturing data was released early in the session.
Stocks Slide On Economic Worries - U.S. Commentary []
Wall Street is turning in a lackluster performance on Tuesday, as stocks trade in a tight daily range below the unchanged line on credit fears and uncertainty ahead of the Federal Reserve's upcoming interest rate decision.
Stocks Open Slightly To The Downside - U.S. Commentary []
Wall Street is posting modest losses at the opening on Monday, as stocks experience a slight pull-back after seeing significant strength in the previous week.
US Stocks Poised For Weak Open Tuesday Morning Amid Anxiety Over Housing, Credit Markets - US Commentary []
Jittery investors appeared focused on problems in the housing and lending sectors Tuesday morning as stock futures tumbled, signalling a negative open on Wall Street Tuesday morning.
US Stocks Poised For Weak Open Tuesday Morning Amid Anxiety Over Housing, Credit Markets - US Commentary []
US Stocks Poised For Weak Open Tuesday Morning Amid Anxiety Over Housing, Credit Markets - US Commentary []
Jittery investors appeared focused on problems in the housing and lending sectors Tuesday morning as stock futures tumbled, signalling a negative open on Wall Street Tuesday morning.
Norwegian Krone Hits 6-day High Against US Dollar [USD/NOK]
The Norwegian krone moved up against the US dollar during early Asian trading on Wednesday. As of 11:10 pm ET, the Norwegian currency hit a 6-day high of 5.4716 against the dollar, compared to yesterday's close of 5.4808. Thereafter, the krone weakened and the pair is now worth 5.4850.
Dollar Reverses Early Losses Against Danish Krone [USD/DKK]
After moving slightly higher, the US dollar weakened against the Danish Krone during early trading on Wednesday. However, at about 11:05 pm ET, after hitting as low as 5.0486, the pair reversed the losses. The dollar-krone pair, which closed its yesterday's deals at 5.0526, is now worth 5.0624.
Jittery investors appeared focused on problems in the housing and lending sectors Tuesday morning as stock futures tumbled, signalling a negative open on Wall Street Tuesday morning.
Norwegian Krone Hits 6-day High Against US Dollar [USD/NOK]
The Norwegian krone moved up against the US dollar during early Asian trading on Wednesday. As of 11:10 pm ET, the Norwegian currency hit a 6-day high of 5.4716 against the dollar, compared to yesterday's close of 5.4808. Thereafter, the krone weakened and the pair is now worth 5.4850.
Dollar Reverses Early Losses Against Danish Krone [USD/DKK]
After moving slightly higher, the US dollar weakened against the Danish Krone during early trading on Wednesday. However, at about 11:05 pm ET, after hitting as low as 5.0486, the pair reversed the losses. The dollar-krone pair, which closed its yesterday's deals at 5.0526, is now worth 5.0624.
Tuesday, December 04, 2007
US Stocks Poised For Weak Open Tuesday Morning Amid Anxiety Over Housing, Credit Markets - US Commentary []
US Stocks Poised For Weak Open Tuesday Morning Amid Anxiety Over Housing, Credit Markets - US Commentary []
Jittery investors appeared focused on problems in the housing and lending sectors Tuesday morning as stock futures tumbled, signalling a negative open on Wall Street Tuesday morning.
Jittery investors appeared focused on problems in the housing and lending sectors Tuesday morning as stock futures tumbled, signalling a negative open on Wall Street Tuesday morning.
Stocks Fall On Economic Data - U.S. Commentary []
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.
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.
Monday, December 03, 2007
Stocks Fall On Weak Manufacturing Activity - U.S. Commentary []
Stocks Fall On Weak Manufacturing Activity - U.S. Commentary []
Stocks are slightly lower in early trading on Monday after a report was released showing a further decline in U.S. manufacturing activity and as investors took stock of the housing and credit slump.
New Zealand Currency Advances Against Buck [NZDUSD]
The New Zealand currency rose against its American counterpart in trading on Monday. As action moved into the midday, the kiwi rose steadily to 0.7677. The pair moved as the ISM said its purchasing managers index edged down to 50.8 in November from 50.9 in October, with a reading above 50 indicating growth in the sector.
Stocks are slightly lower in early trading on Monday after a report was released showing a further decline in U.S. manufacturing activity and as investors took stock of the housing and credit slump.
New Zealand Currency Advances Against Buck [NZDUSD]
The New Zealand currency rose against its American counterpart in trading on Monday. As action moved into the midday, the kiwi rose steadily to 0.7677. The pair moved as the ISM said its purchasing managers index edged down to 50.8 in November from 50.9 in October, with a reading above 50 indicating growth in the sector.
New Zealand Currency Advances Against Buck [NZDUSD]
New Zealand Currency Advances Against Buck [NZDUSD]
The New Zealand currency rose against its American counterpart in trading on Monday. As action moved into the midday, the kiwi rose steadily to 0.7677. The pair moved as the ISM said its purchasing managers index edged down to 50.8 in November from 50.9 in October, with a reading above 50 indicating growth in the sector.
Wall Street Poised For Lackluster Open Monday Morning Ahead Of ISM Manufacturing Data [$COMPX]
Futures were pointing to a lackluster start to the new week Monday morning as traders braced for more economic data, hoping for any clues about the condition of the US economy.
Toronto Stocks Fall For First Time In A Week; RIM Plunges On Downgrade - Canadian Commentary []
Canadian stocks finished in the red for the first time in a week on Monday, with modest strength among gold and energy stocks unable to offset significant weakness in the tech and health care sectors.
The New Zealand currency rose against its American counterpart in trading on Monday. As action moved into the midday, the kiwi rose steadily to 0.7677. The pair moved as the ISM said its purchasing managers index edged down to 50.8 in November from 50.9 in October, with a reading above 50 indicating growth in the sector.
Wall Street Poised For Lackluster Open Monday Morning Ahead Of ISM Manufacturing Data [$COMPX]
Futures were pointing to a lackluster start to the new week Monday morning as traders braced for more economic data, hoping for any clues about the condition of the US economy.
Toronto Stocks Fall For First Time In A Week; RIM Plunges On Downgrade - Canadian Commentary []
Canadian stocks finished in the red for the first time in a week on Monday, with modest strength among gold and energy stocks unable to offset significant weakness in the tech and health care sectors.
Stocks Move To The Upside In Recent Trading - U.S. Commentary []
Stocks Move To The Upside In Recent Trading - U.S. Commentary []
U.S. stocks are seeing limited movement on Monday, as investors take time to digest comments made by Treasury Secretary Hank Paulson and manufacturing data released earlier in the session.
Swiss Franc Mixed Against Buck On Monday [USD/CHF]
The Swiss franc was choppy against its American counterpart in trading on Monday. By the mid morning, the franc had bounced between a high of 1.1264 and a low of 1.1305 as action progressed. Monday, the ISM Manufacturing Index for November will be made public, giving investors a peek at the health of manufacturing.
New Zealand Kiwi Rises Against Euro On Monday [EURNZD]
The New Zealand currency rose steadily against its European counterpart on Monday. The kiwi advanced to a mark of 1.9091 as the midday approached. The currencies moved as the latest report from the Royal Bank of Scotland and NTC Economics showed that the Purchasing Mangers' Index for manufacturing sector in the Eurozone rose to revised 52.8 in November from 51.5 in October.
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 Up Versus Other Currencies On News Of Manufacturing Growth [GBP/USD]
The pound climbed against other major currencies in early morning New York trading. The sterling rebounded as traders considered news of increases in British manufacturing.
Yen Pares Early Gains Versus Dollar [USD/JPY]
The yen gained against the dollar in early dealing Monday amid an unwinding of carry trades. The yen moved away from Friday's 2-week low of 111.21, hitting 110.20 before the opening bell on Wall Street. The yen softened a bit from there, trading at 110.50 in early afternoon action.
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.
Wall Street Poised For Lackluster Open Monday Morning Ahead Of ISM Manufacturing Data [$COMPX]
Futures were pointing to a lackluster start to the new week Monday morning as traders braced for more economic data, hoping for any clues about the condition of the US economy.
Euro Stable To Major Currencies After Early Losses [EUR/USD]
The euro has not moved much after falling in early morning New York trading against other major currencies. This is as investors contemplate the release of reports that show growth in manufacturing and a decreased unemployment rate.
Swiss Currency Slips Against Yen [CHF/JPY]
The Swiss currency edged down in trading against its Japanese counterpart on Monday. The franc slipped to 97.76 as action progressed into the mid morning. The pair moved as the Bank of Japan Governor Toshihiko Fukui said Monday that it would take more time for the U.S. housing market to stabilize, as in his opinion the level of housing inventories is still high.
U.S. stocks are seeing limited movement on Monday, as investors take time to digest comments made by Treasury Secretary Hank Paulson and manufacturing data released earlier in the session.
Swiss Franc Mixed Against Buck On Monday [USD/CHF]
The Swiss franc was choppy against its American counterpart in trading on Monday. By the mid morning, the franc had bounced between a high of 1.1264 and a low of 1.1305 as action progressed. Monday, the ISM Manufacturing Index for November will be made public, giving investors a peek at the health of manufacturing.
New Zealand Kiwi Rises Against Euro On Monday [EURNZD]
The New Zealand currency rose steadily against its European counterpart on Monday. The kiwi advanced to a mark of 1.9091 as the midday approached. The currencies moved as the latest report from the Royal Bank of Scotland and NTC Economics showed that the Purchasing Mangers' Index for manufacturing sector in the Eurozone rose to revised 52.8 in November from 51.5 in October.
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 Up Versus Other Currencies On News Of Manufacturing Growth [GBP/USD]
The pound climbed against other major currencies in early morning New York trading. The sterling rebounded as traders considered news of increases in British manufacturing.
Yen Pares Early Gains Versus Dollar [USD/JPY]
The yen gained against the dollar in early dealing Monday amid an unwinding of carry trades. The yen moved away from Friday's 2-week low of 111.21, hitting 110.20 before the opening bell on Wall Street. The yen softened a bit from there, trading at 110.50 in early afternoon action.
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.
Wall Street Poised For Lackluster Open Monday Morning Ahead Of ISM Manufacturing Data [$COMPX]
Futures were pointing to a lackluster start to the new week Monday morning as traders braced for more economic data, hoping for any clues about the condition of the US economy.
Euro Stable To Major Currencies After Early Losses [EUR/USD]
The euro has not moved much after falling in early morning New York trading against other major currencies. This is as investors contemplate the release of reports that show growth in manufacturing and a decreased unemployment rate.
Swiss Currency Slips Against Yen [CHF/JPY]
The Swiss currency edged down in trading against its Japanese counterpart on Monday. The franc slipped to 97.76 as action progressed into the mid morning. The pair moved as the Bank of Japan Governor Toshihiko Fukui said Monday that it would take more time for the U.S. housing market to stabilize, as in his opinion the level of housing inventories is still high.
Stocks Fall On Weak Manufacturing Activity - U.S. Commentary []
Stocks Fall On Weak Manufacturing Activity - U.S. Commentary []
Stocks are slightly lower in early trading on Monday after a report was released showing a further decline in U.S. manufacturing activity and as investors took stock of the housing and credit slump.
Euro Higher Against Dollar, Down Versus Rest Of Majors [EUR]
The euro showed mixed trading against its major counterparts on Monday morning. While the euro gained against the US dollar, it dropped versus the rest of its major counterparts.
Pound Gains Further Versus Majors [GBP]
The British pound strengthened further against its major counterparts at about 5:30 am ET, Monday. As of now, the pound is worth 2.0650 against the US dollar, 2.3305 versus the franc, 228.48 against the yen and 0.7101 against the euro.
Swiss Currency Mixed On Monday Versus Majors [USD/CHF]
The Swiss currency was mixed in trading against its majors counterparts on Monday morning in New York. The franc progressed with little economic news from the area.
Swiss Currency Slips Against Yen [CHF/JPY]
The Swiss currency edged down in trading against its Japanese counterpart on Monday. The franc slipped to 97.76 as action progressed into the mid morning. The pair moved as the Bank of Japan Governor Toshihiko Fukui said Monday that it would take more time for the U.S. housing market to stabilize, as in his opinion the level of housing inventories is still high.
Stocks are slightly lower in early trading on Monday after a report was released showing a further decline in U.S. manufacturing activity and as investors took stock of the housing and credit slump.
Euro Higher Against Dollar, Down Versus Rest Of Majors [EUR]
The euro showed mixed trading against its major counterparts on Monday morning. While the euro gained against the US dollar, it dropped versus the rest of its major counterparts.
Pound Gains Further Versus Majors [GBP]
The British pound strengthened further against its major counterparts at about 5:30 am ET, Monday. As of now, the pound is worth 2.0650 against the US dollar, 2.3305 versus the franc, 228.48 against the yen and 0.7101 against the euro.
Swiss Currency Mixed On Monday Versus Majors [USD/CHF]
The Swiss currency was mixed in trading against its majors counterparts on Monday morning in New York. The franc progressed with little economic news from the area.
Swiss Currency Slips Against Yen [CHF/JPY]
The Swiss currency edged down in trading against its Japanese counterpart on Monday. The franc slipped to 97.76 as action progressed into the mid morning. The pair moved as the Bank of Japan Governor Toshihiko Fukui said Monday that it would take more time for the U.S. housing market to stabilize, as in his opinion the level of housing inventories is still high.
Markets Likely To Open Higher Tracking Firm Asian Equities - Indian Commentary []
Markets Likely To Open Higher Tracking Firm Asian Equities - Indian Commentary []
Global cues are pointing towards a higher opening for the Indian market on Friday. The U.S. stocks extended their gains for a third day on Thursday and the major stock markets across the Asia-Pacific region, except China and New Zealand, are trading firm on Friday.
Australian Market Closes Flat []
Sydney shares closed marginally higher on Monday, amid volatility, tracking a mixed lead from Wall Street. Further, there was little local news to drive investor interest. The benchmark S&P/ASX 200 closed up 0.4 point at 6,533.5, while the All Ordinaries index edged up 3.3 points or 0.1% to 6,596.9.
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.
New Zealand Stocks Trade Weak []
Friday, stocks in New Zealand opened lower and were trading in the red despite a positive overnight Wall Street lead. The benchmark NZX 50 Index was losing 15.88 points or 0.39% to 4,050.65, while the NZX All Capital Index was declining 14.95 points or 0.36% to 4,109.56.
Japan Shares Set For Higher Open []
Japan stocks are poised to open marginally higher on Friday off of another positive lead from Wall Street.
Global cues are pointing towards a higher opening for the Indian market on Friday. The U.S. stocks extended their gains for a third day on Thursday and the major stock markets across the Asia-Pacific region, except China and New Zealand, are trading firm on Friday.
Australian Market Closes Flat []
Sydney shares closed marginally higher on Monday, amid volatility, tracking a mixed lead from Wall Street. Further, there was little local news to drive investor interest. The benchmark S&P/ASX 200 closed up 0.4 point at 6,533.5, while the All Ordinaries index edged up 3.3 points or 0.1% to 6,596.9.
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.
New Zealand Stocks Trade Weak []
Friday, stocks in New Zealand opened lower and were trading in the red despite a positive overnight Wall Street lead. The benchmark NZX 50 Index was losing 15.88 points or 0.39% to 4,050.65, while the NZX All Capital Index was declining 14.95 points or 0.36% to 4,109.56.
Japan Shares Set For Higher Open []
Japan stocks are poised to open marginally higher on Friday off of another positive lead from Wall Street.
Franc Declines Against Majors Amid Swiss Economic Data [CHF]
Franc Declines Against Majors Amid Swiss Economic Data [CHF]
The Swiss SVME purchasing managers index for the month of November was released at 3:30 am ET. Following the release the franc declined against its major counterparts. As of 3:35 am ET, the franc was worth 1.1282 against the US dollar, 1.6543 versus the euro, 2.3214 against the pound and 98.17 versus the yen.
South Korean Market Rises On Wall Street Gains []
South Korean shares were higher in early trading on Friday after Wall Street continued to advance amid hopes for another interest rate cut. Further, investor sentiment was positive following favorable recent economic data at home. At 11:04 a.m. local time, the benchmark KOSPI index was up 31.25 points or 1.66% at 1,908.88.
US Dollar Down Against Majors [USD]
The US dollar weakened against its major counterparts in the Asian deals on Monday.
Euro Declines Against Majors Amid French Data [EUR]
Amid the release of the French producer prices data for the month of October, the euro declined against its major counterparts. At about 2:50 am ET, the euro fetched 1.4690 against the dollar, 0.7134 against the pound, 162.32 against the yen and 1.6546 against the franc.
Positive Momentum For Singapore Stocks []
Following the rest of the region into positive territory, analysts are calling for the Singapore stock market to soar on Friday after optimistic comments by U.S. Federal Reserve Chairman Ben Bernanke within the last hour.
US Dollar Declines Against East European Currencies [USD]
Monday morning, the US dollar showed weakness against its Scandinavian, Nordic and some of its east European Counterparts.
Pound Strengthens Against Majors [GBP]
Around 2:05 am ET, the pound gained against its majors. The pound fetched a high of 2.0636 versus the dollar, 0.7116 against the euro, 228.28 against the yen and 2.3255 against the franc.
The Swiss SVME purchasing managers index for the month of November was released at 3:30 am ET. Following the release the franc declined against its major counterparts. As of 3:35 am ET, the franc was worth 1.1282 against the US dollar, 1.6543 versus the euro, 2.3214 against the pound and 98.17 versus the yen.
South Korean Market Rises On Wall Street Gains []
South Korean shares were higher in early trading on Friday after Wall Street continued to advance amid hopes for another interest rate cut. Further, investor sentiment was positive following favorable recent economic data at home. At 11:04 a.m. local time, the benchmark KOSPI index was up 31.25 points or 1.66% at 1,908.88.
US Dollar Down Against Majors [USD]
The US dollar weakened against its major counterparts in the Asian deals on Monday.
Euro Declines Against Majors Amid French Data [EUR]
Amid the release of the French producer prices data for the month of October, the euro declined against its major counterparts. At about 2:50 am ET, the euro fetched 1.4690 against the dollar, 0.7134 against the pound, 162.32 against the yen and 1.6546 against the franc.
Positive Momentum For Singapore Stocks []
Following the rest of the region into positive territory, analysts are calling for the Singapore stock market to soar on Friday after optimistic comments by U.S. Federal Reserve Chairman Ben Bernanke within the last hour.
US Dollar Declines Against East European Currencies [USD]
Monday morning, the US dollar showed weakness against its Scandinavian, Nordic and some of its east European Counterparts.
Pound Strengthens Against Majors [GBP]
Around 2:05 am ET, the pound gained against its majors. The pound fetched a high of 2.0636 versus the dollar, 0.7116 against the euro, 228.28 against the yen and 2.3255 against the franc.
Sunday, December 02, 2007
New Zealand Dollar Slides Against Majors [NZD]
New Zealand Dollar Slides Against Majors [NZD]
Around 9:00 pm ET Sunday, the New Zealand dollar lost ground against its major counterparts. As of 9:15 pm ET, the kiwi fetched 0.7636 against the greenback, 1.9207 against the euro, 84.46 against the yen.
Around 9:00 pm ET Sunday, the New Zealand dollar lost ground against its major counterparts. As of 9:15 pm ET, the kiwi fetched 0.7636 against the greenback, 1.9207 against the euro, 84.46 against the yen.
Sterling Falls Versus Dollar And Euro As Consumer Confidence Wains [GBP/USD]
Sterling Falls Versus Dollar And Euro As Consumer Confidence Wains [GBP/USD]
The pound sunk against the dollar and the euro in Friday trading amidst news of a drop in British consumer confidence.
New Zealand Currency Choppy Against Pound [GBP/NZD]
Versus the pound on Friday, the New Zealand currency saw little action into the midday trading. The kiwi held between a high of 2.6680 and a low of 2.680 as action progressed. The pair moved as the U.K. consumer confidence fell to minus 10 in November from minus 8 in October.
U.S. Dollar Advancing Against Pound [GBP/USD]
The U.S. dollar is moving to higher ground against the British pound sterling. The greenback is trading in New York at 2.0549 to the pound, reaching its highest level against the sterling since November 23.
Swiss Franc Slips To 2-week Low Versus Dollar [USD/CHF]
The Swiss franc fell to a 2-week low versus the resurgent US dollar on Friday. The franc fell to 1.1294 by noon ET, extending week-long downtrend.
Japan Shares Set For Higher Open []
Japan stocks are poised to open marginally higher on Friday off of another positive lead from Wall Street.
New Zealand Currency Choppy Against Euro [EUR/NZD]
In trading against the euro on Friday's midday, the New Zealand currency saw choppy action. As trading progressed, the kiwi bounced between a high of 1.9060 and a low of 1.9140. The pair moved as the Euro zone's economic sentiment dropped 1.2 points to 104.8 in November.
Malaysian Stocks Likely To Extend Streak []
The Malaysian stock market has stretched its winning streak to six sessions, and analysts figure that the Kuala Lumpur Composite Index can make it seven straight when it opens for business on Monday.
Japanese Stocks Rise []
Tokyo shares were were trading higher on Friday after U.S. stocks closed flat overnight. At 10:30 a.m. local time, the benchmark Nikkei 225 Index was up 122.09 points at 15,635.83 and the broader Topix Index of all First Section issues on the Tokyo Stock Exchange was adding 10.99 points to 1,525.46.
The pound sunk against the dollar and the euro in Friday trading amidst news of a drop in British consumer confidence.
New Zealand Currency Choppy Against Pound [GBP/NZD]
Versus the pound on Friday, the New Zealand currency saw little action into the midday trading. The kiwi held between a high of 2.6680 and a low of 2.680 as action progressed. The pair moved as the U.K. consumer confidence fell to minus 10 in November from minus 8 in October.
U.S. Dollar Advancing Against Pound [GBP/USD]
The U.S. dollar is moving to higher ground against the British pound sterling. The greenback is trading in New York at 2.0549 to the pound, reaching its highest level against the sterling since November 23.
Swiss Franc Slips To 2-week Low Versus Dollar [USD/CHF]
The Swiss franc fell to a 2-week low versus the resurgent US dollar on Friday. The franc fell to 1.1294 by noon ET, extending week-long downtrend.
Japan Shares Set For Higher Open []
Japan stocks are poised to open marginally higher on Friday off of another positive lead from Wall Street.
New Zealand Currency Choppy Against Euro [EUR/NZD]
In trading against the euro on Friday's midday, the New Zealand currency saw choppy action. As trading progressed, the kiwi bounced between a high of 1.9060 and a low of 1.9140. The pair moved as the Euro zone's economic sentiment dropped 1.2 points to 104.8 in November.
Malaysian Stocks Likely To Extend Streak []
The Malaysian stock market has stretched its winning streak to six sessions, and analysts figure that the Kuala Lumpur Composite Index can make it seven straight when it opens for business on Monday.
Japanese Stocks Rise []
Tokyo shares were were trading higher on Friday after U.S. stocks closed flat overnight. At 10:30 a.m. local time, the benchmark Nikkei 225 Index was up 122.09 points at 15,635.83 and the broader Topix Index of all First Section issues on the Tokyo Stock Exchange was adding 10.99 points to 1,525.46.
South Korean Market Rises Tracking Wall Street Gains []
South Korean Market Rises Tracking Wall Street Gains []
Seoul shares rebounded Thursday on the back of sharp gains on Wall Street. Growing hopes of another interest rate cut in the U.S. and a significant pullback in oil prices boosted investor sentiment.
Asian Markets Extend Gains- Asian Commentary []
The Asian stock markets generally closed higher on Friday with investor sentiment capturing the mood of Federal Reserve Chairman's hints that the US interest rates would be lowered next month.
New Zealand Stocks Trade Weak []
Friday, stocks in New Zealand opened lower and were trading in the red despite a positive overnight Wall Street lead. The benchmark NZX 50 Index was losing 15.88 points or 0.39% to 4,050.65, while the NZX All Capital Index was declining 14.95 points or 0.36% to 4,109.56.
Market Likely To Open Higher On Strong Global Cues - Indian Commentary []
Global cues are pointing towards a strong opening for the Indian market on Thursday. The U.S. stocks rallied for a second day on Wednesday on hopes of an interest rate cut next month and the major stock markets across the Asia-Pacific region are trading firm on Thursday.
Stocks Gain On Positive Cues From Wall Street - Asian Commentary []
Most of the stock markets across the Asia-Pacific region were trading higher on Friday after the U.S. market extended its rally overnight with moderate gains.
Australian Market Rebounds On Expectations Of U.S. Rate Cut []
Thursday, Sydney shares closed higher, ending a two-day losing streak. Growing expectations of another interest rate cut in the U.S. boosted investor sentiment. The benchmark S&P/ASX 200 index closed up 74.4 points or 1.2% at 6,444.5. The All Ordinaries closed 74.4 points or 1.2% higher at 6,507.2.
Seoul shares rebounded Thursday on the back of sharp gains on Wall Street. Growing hopes of another interest rate cut in the U.S. and a significant pullback in oil prices boosted investor sentiment.
Asian Markets Extend Gains- Asian Commentary []
The Asian stock markets generally closed higher on Friday with investor sentiment capturing the mood of Federal Reserve Chairman's hints that the US interest rates would be lowered next month.
New Zealand Stocks Trade Weak []
Friday, stocks in New Zealand opened lower and were trading in the red despite a positive overnight Wall Street lead. The benchmark NZX 50 Index was losing 15.88 points or 0.39% to 4,050.65, while the NZX All Capital Index was declining 14.95 points or 0.36% to 4,109.56.
Market Likely To Open Higher On Strong Global Cues - Indian Commentary []
Global cues are pointing towards a strong opening for the Indian market on Thursday. The U.S. stocks rallied for a second day on Wednesday on hopes of an interest rate cut next month and the major stock markets across the Asia-Pacific region are trading firm on Thursday.
Stocks Gain On Positive Cues From Wall Street - Asian Commentary []
Most of the stock markets across the Asia-Pacific region were trading higher on Friday after the U.S. market extended its rally overnight with moderate gains.
Australian Market Rebounds On Expectations Of U.S. Rate Cut []
Thursday, Sydney shares closed higher, ending a two-day losing streak. Growing expectations of another interest rate cut in the U.S. boosted investor sentiment. The benchmark S&P/ASX 200 index closed up 74.4 points or 1.2% at 6,444.5. The All Ordinaries closed 74.4 points or 1.2% higher at 6,507.2.
Greenback Moves Higher Against Euro [EUR/USD]
Greenback Moves Higher Against Euro [EUR/USD]
The greenback surged to a two-day high against the euro with a mid-morning rally. The greenback had moved lower in early morning befor ereversing its trend at around 5 a.m. ET. The buck rose sharply at around 10 a.m. ET and has moved to 1.4722 against its European counterpart.
European Markets Rise, Led By Banks, Miners - European Commentary []
The European markets rose on Friday, as banking stocks gained on investor speculation that the recent sell-off in the sector may be overdone and mining stocks surged up on rising metal prices and hopes of further consolidation in the sector.
European Markets Fall, Led By Commodities, Techs - European Commentary []
The European markets fell on Tuesday, as mining and technology stocks declined on concern about a slowdown in the U.S. economy and heavily weighted energy stocks slipped on falling crude oil prices.
European Markets Rise, Led By Miners, Oils - European Commentary []
The European markets rose on Thursday, as mining stocks rallied on hopes of further sector consolidation as well as rising metal prices and heavily weighted energy stocks rose after crude oil prices climbed.
European Markets Rise, Led By Drugmakers - European Commentary []
The European markets rose on Thursday, helped by a rally among pharmaceutical stocks following a broker upgrade of the sector. Air France-KLM led airline stocks higher after reporting forecast-beating second quarter earnings.
European Markets Rise On Bernanke Comments - European Commentary []
The European markets rose for the third consecutive day on Friday after U.S. Federal Reserve Chairman Ben Bernanke signaled that further interest rate cuts are on the way.
The greenback surged to a two-day high against the euro with a mid-morning rally. The greenback had moved lower in early morning befor ereversing its trend at around 5 a.m. ET. The buck rose sharply at around 10 a.m. ET and has moved to 1.4722 against its European counterpart.
European Markets Rise, Led By Banks, Miners - European Commentary []
The European markets rose on Friday, as banking stocks gained on investor speculation that the recent sell-off in the sector may be overdone and mining stocks surged up on rising metal prices and hopes of further consolidation in the sector.
European Markets Fall, Led By Commodities, Techs - European Commentary []
The European markets fell on Tuesday, as mining and technology stocks declined on concern about a slowdown in the U.S. economy and heavily weighted energy stocks slipped on falling crude oil prices.
European Markets Rise, Led By Miners, Oils - European Commentary []
The European markets rose on Thursday, as mining stocks rallied on hopes of further sector consolidation as well as rising metal prices and heavily weighted energy stocks rose after crude oil prices climbed.
European Markets Rise, Led By Drugmakers - European Commentary []
The European markets rose on Thursday, helped by a rally among pharmaceutical stocks following a broker upgrade of the sector. Air France-KLM led airline stocks higher after reporting forecast-beating second quarter earnings.
European Markets Rise On Bernanke Comments - European Commentary []
The European markets rose for the third consecutive day on Friday after U.S. Federal Reserve Chairman Ben Bernanke signaled that further interest rate cuts are on the way.
KOSPI Waiting On Bernanke Speech []
KOSPI Waiting On Bernanke Speech []
On the heels of a solid performance for the South Korean stock market, volume is expected to be light in the early going as the global market waits to hear what U.S. Federal Reserve Chairman Ben Bernanke has to say.
Japan Shares Set For Higher Open []
Japan stocks are poised to open marginally higher on Friday off of another positive lead from Wall Street.
On the heels of a solid performance for the South Korean stock market, volume is expected to be light in the early going as the global market waits to hear what U.S. Federal Reserve Chairman Ben Bernanke has to say.
Japan Shares Set For Higher Open []
Japan stocks are poised to open marginally higher on Friday off of another positive lead from Wall Street.
Swiss Franc Slips To 2-week Low Versus Dollar [USD/CHF]
Swiss Franc Slips To 2-week Low Versus Dollar [USD/CHF]
The Swiss franc fell to a 2-week low versus the resurgent US dollar on Friday. The franc fell to 1.1294 by noon ET, extending week-long downtrend.
Yen Loses Further Ground To Dollar, Steadies Versus Other Majors Friday Morning [USD/JPY]
The yen fell sharply versus the dollar but battled back versus the euro and sterling Friday morning in New York. Traders considered increased speculation that the US Federal Reserve will lower its key overnight interest rate.
Dollar Spikes Higher Versus Euro [EUR/USD]
The dollar accelerated to the upside versus the euro in Friday's mid-morning dealing, rising to a fresh 12-session high. By 10:30 am, the dollar jumped to 1.47 from an earlier level near 1.4750.
The Swiss franc fell to a 2-week low versus the resurgent US dollar on Friday. The franc fell to 1.1294 by noon ET, extending week-long downtrend.
Yen Loses Further Ground To Dollar, Steadies Versus Other Majors Friday Morning [USD/JPY]
The yen fell sharply versus the dollar but battled back versus the euro and sterling Friday morning in New York. Traders considered increased speculation that the US Federal Reserve will lower its key overnight interest rate.
Dollar Spikes Higher Versus Euro [EUR/USD]
The dollar accelerated to the upside versus the euro in Friday's mid-morning dealing, rising to a fresh 12-session high. By 10:30 am, the dollar jumped to 1.47 from an earlier level near 1.4750.