European Markets Fall On U.S. Housing Data - European Commentary []
The European markets fell for the first time in four days on Friday after a report showed that sales of new homes in the U.S. fell much more than expected last month, stirring concern about the health of the world's largest economy.
Stocks Close Mixed On First Trading Session Of 2008 - Asian Commentary []
Wednesday, stock markets across the Asia-Pacific region closed mixed on economic growth concerns in the U.S as well as in the region. Government reports in South Korea and Singapore showed that the two countries' economies were slowing.
Stocks Continue To Move Lower In Early Afternoon Trading - U.S. Commentary []
Wall Street remains in negative territory in early-afternoon trading on Thursday, as investors take in mixed economic reports in this abbreviated holiday week. Some negative sentiment has been generated by news that Pakistani opposition leader Benazir Bhutto has been assassinated.
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Wednesday, January 02, 2008
US Dollar Down Against Majors [EUR/USD]
US Dollar Down Against Majors [EUR/USD]
The US dollar showed weakness in action against its major counterparts in Asian trading on Wednesday.
Pound Falls To Record Low Versus Euro [EUR/GBP]
Wednesday during early deals, the pound weakened against its major counterparts, hitting a fresh record low against the euro. Against the franc and the yen, the pound touched lows since 2 � years and 4-� months respectively.
Stocks May Move Modestly Higher In Early Trading - U.S. Commentary []
After ending the previous session roughly mixed, stocks may move modestly higher in early trading on Monday. The major U.S. index futures are indicating a higher open for the markets, although buying interest is likely to remain somewhat subdued.
Canadian Dollar Falls To Multi-day Lows Against Majors [USD/CAD]
The Canadian dollar weakened to multi-day lows against its major counterparts in early deals on Wednesday. At about 2:20 am ET, the loonie touched 15-day lows of 0.8722 against the aussie and 1.4550 against the euro, compared to yesterday's close of 0.8654 and 1.4416, respectively.
Stocks Remain Mostly Negative In Late Morning Trading - U.S. Commentary []
While selling pressure has waned from earlier in the session, stocks are seeing continued weakness in late-morning trading on Wednesday. Worries about higher oil prices and weak holiday spending are contributing to the continued weakness.
Brazil's Trade Surplus Up In December But Narrows In 2007 [USD/BRL]
According to data released Wednesday morning at 7 am ET, Brazil's 2007 foreign trade surplus was down at $40.04 billion. However, Brazil's December trade surplus was up from November at $3.6 billion.
The US dollar showed weakness in action against its major counterparts in Asian trading on Wednesday.
Pound Falls To Record Low Versus Euro [EUR/GBP]
Wednesday during early deals, the pound weakened against its major counterparts, hitting a fresh record low against the euro. Against the franc and the yen, the pound touched lows since 2 � years and 4-� months respectively.
Stocks May Move Modestly Higher In Early Trading - U.S. Commentary []
After ending the previous session roughly mixed, stocks may move modestly higher in early trading on Monday. The major U.S. index futures are indicating a higher open for the markets, although buying interest is likely to remain somewhat subdued.
Canadian Dollar Falls To Multi-day Lows Against Majors [USD/CAD]
The Canadian dollar weakened to multi-day lows against its major counterparts in early deals on Wednesday. At about 2:20 am ET, the loonie touched 15-day lows of 0.8722 against the aussie and 1.4550 against the euro, compared to yesterday's close of 0.8654 and 1.4416, respectively.
Stocks Remain Mostly Negative In Late Morning Trading - U.S. Commentary []
While selling pressure has waned from earlier in the session, stocks are seeing continued weakness in late-morning trading on Wednesday. Worries about higher oil prices and weak holiday spending are contributing to the continued weakness.
Brazil's Trade Surplus Up In December But Narrows In 2007 [USD/BRL]
According to data released Wednesday morning at 7 am ET, Brazil's 2007 foreign trade surplus was down at $40.04 billion. However, Brazil's December trade surplus was up from November at $3.6 billion.
Tuesday, January 01, 2008
Loonie Declined Against Greenback And Sterling, Advanced Versus Euro [USD/CAD]
Loonie Declined Against Greenback And Sterling, Advanced Versus Euro [USD/CAD]
The loonie dropped against the greenback and the sterling but experienced uncertain dealings with the euro on Monday. The trading was quiet, with investors getting a head start on the New Year's holiday.
New Currency For Venezuela [USD/VEB]
President Hugo Chavez launched a new currency for Venezuela, with effect from New Year Day, as part of his fight against inflation in the country.
Euro Drops Versus Other Major Currencies [EUR/USD]
The euro fell against its major counterparts during Monday morning's dealings in New York. The trading was quiet, with investors getting a head start on the New Year's holiday.
Canadian Stocks End The Year With A Whimper Concerns About '08 - Canadian Commentary []
Amid lingering concerns that a major slowdown for the US economy will spill over into Canada, Toronto stocks finished 2007 on a lackluster note Monday.
Greenback Slips Versus Real [USD/BRL]
The dollar eased slightly against the Brazilian real on Monday. The greenback fell from its early morning high of 1.780 to 1.775 just after 10:00 am ET. The dollar has since stabilized at 1.7795 amid quiet trading, with investors getting an early jump on the New Year's holiday.
Dollar Adds To Early Gains Versus Euro [EUR/USD]
The dollar extended its early rally against the euro in mid-day dealing on Monday, soaring to 1.4580 from an overnight low near 1.4750. The dollar received a boost from the 10 am ET release of better than expected US existing home sales figures for November.
Yen Advanced Versus Euro And Pound, Uncertain Against Dollar [USD/JPY]
The yen rose against both the euro and sterling on Monday in New York, but traded with uncertainty versus the greenback. The trading was quiet, with investors getting a head start on the New Year's holiday.
FT Advisors Optimistic About US Economy In 2008 []
Brian S. Wesbury and Robert Stein, economist at FT Advisors remarked Monday that in the first few days of 2008, despite the holiday, the data flow will be pretty heavy, including the employment report on Friday, which they expect to be slightly on the weak side with just 65,000 new jobs.
The loonie dropped against the greenback and the sterling but experienced uncertain dealings with the euro on Monday. The trading was quiet, with investors getting a head start on the New Year's holiday.
New Currency For Venezuela [USD/VEB]
President Hugo Chavez launched a new currency for Venezuela, with effect from New Year Day, as part of his fight against inflation in the country.
Euro Drops Versus Other Major Currencies [EUR/USD]
The euro fell against its major counterparts during Monday morning's dealings in New York. The trading was quiet, with investors getting a head start on the New Year's holiday.
Canadian Stocks End The Year With A Whimper Concerns About '08 - Canadian Commentary []
Amid lingering concerns that a major slowdown for the US economy will spill over into Canada, Toronto stocks finished 2007 on a lackluster note Monday.
Greenback Slips Versus Real [USD/BRL]
The dollar eased slightly against the Brazilian real on Monday. The greenback fell from its early morning high of 1.780 to 1.775 just after 10:00 am ET. The dollar has since stabilized at 1.7795 amid quiet trading, with investors getting an early jump on the New Year's holiday.
Dollar Adds To Early Gains Versus Euro [EUR/USD]
The dollar extended its early rally against the euro in mid-day dealing on Monday, soaring to 1.4580 from an overnight low near 1.4750. The dollar received a boost from the 10 am ET release of better than expected US existing home sales figures for November.
Yen Advanced Versus Euro And Pound, Uncertain Against Dollar [USD/JPY]
The yen rose against both the euro and sterling on Monday in New York, but traded with uncertainty versus the greenback. The trading was quiet, with investors getting a head start on the New Year's holiday.
FT Advisors Optimistic About US Economy In 2008 []
Brian S. Wesbury and Robert Stein, economist at FT Advisors remarked Monday that in the first few days of 2008, despite the holiday, the data flow will be pretty heavy, including the employment report on Friday, which they expect to be slightly on the weak side with just 65,000 new jobs.
Monday, December 31, 2007
Market Opens Sharply Higher - Indian Commentary []
Market Opens Sharply Higher - Indian Commentary []
Monday, Indian shares opened sharply higher on the back of positive cues from Asian markets. At 10:00 a.m. IST, the Sensex was up 205 points at 20,412 and the broader Nifty was up 59 points at 6,138.
Stocks Seeing Some Weakness In Morning Trading - U.S. Commentary []
Stocks are lower in morning trading on Monday as investors are looking to close a volatile year. Trading is relatively light going into the New Year's Day holiday.
Monday, Indian shares opened sharply higher on the back of positive cues from Asian markets. At 10:00 a.m. IST, the Sensex was up 205 points at 20,412 and the broader Nifty was up 59 points at 6,138.
Stocks Seeing Some Weakness In Morning Trading - U.S. Commentary []
Stocks are lower in morning trading on Monday as investors are looking to close a volatile year. Trading is relatively light going into the New Year's Day holiday.
Jakarta Stocks Seen Lower []
Jakarta Stocks Seen Lower []
The assassination of former Pakistani Prime Minister Benazir Bhutto is expected to send stock markets around the world under water, and Indonesia's Jakarta Composite Index is no exception. Following news of turmoil in Pakistan and other negative global cues, the JCI is seen headed to the downside Friday, in range-bound fashion.
The assassination of former Pakistani Prime Minister Benazir Bhutto is expected to send stock markets around the world under water, and Indonesia's Jakarta Composite Index is no exception. Following news of turmoil in Pakistan and other negative global cues, the JCI is seen headed to the downside Friday, in range-bound fashion.
Sunday, December 30, 2007
Brazilian Real Rises Versus Dollar Amid Release Of Primary Budget Surplus Figures [USD/BRL]
Brazilian Real Rises Versus Dollar Amid Release Of Primary Budget Surplus Figures [USD/BRL]
Brazil's central bank reported Friday morning that the nation's consolidated primary budget surplus rose to 6.82 billion reais ($3.87 billion) in November from 5.61 billion reais last year.
New Zealand Stocks Decline []
Friday, Wellington stocks were trading in negative terrain, tracking the overnight negative lead from Wall Street.
Market Recovers After Opening On Weak Note - Indian Commentary []
Friday, Indian shares opened lower, but recovered soon to trade in positive territory. At 10:18 a.m. IST, the Sensex was up 33 points at 20,349 and the broader Nifty was up 9 points at 6,090.
Japan Overall Retail Sales +1.6% On Year In Nov []
Retail sales in Japan were up 1.6 percent on year in November, according to data released Friday by the Ministry of Economy, Trade and Industry.
Midwest Businesses Expand But Housing Slump Accelerates; Dollar Down Versus Other Majors [EUR/USD]
According to just released data, US businesses in the Midwest expanded faster than expected in December. The Chicago PMI rose to 56.6 in December from 52.9 in November.
Negative Lead For KOSPI []
Stock markets around the world are expected to react badly to the assassination of former Pakistani Prime Minister Benazir Bhutto, and South Korea's KOSPI is no exception. Following news of turmoil in Pakistan and other negative global cues, the KOSPI is seen headed to the downside Friday on the final trading day of the year.
Market Likely To Open Lower On Weak Global Cues - Indian Commentary []
Global cues are pointing towards a lower opening for the Indian market on Friday. Some degree of profit taking is also likely to set in following five consecutive sessions of gains.
Tight Range Seen For Malaysian Stocks []
The Malaysian stock market is expected to move in a tight range amidst light volume on the final trading day of the year when the Kuala Lumpur Composite Index opens for business on Monday. While the numbers have been skewed by light trade around the market holidays, the KLCI has managed to finish higher in six straight sessions, climbing by 43.48 points or 3.1 percent last week.
Japanese Market Plunges After Wall Street Falls On Bhutto's Death []
Friday, Tokyo shares were sharply lower in early trade as the assassination of Pakistani opposition leader Benazir Bhutto sent shockwaves through global financial markets. The U.S. stocks plunged overnight, with the Dow losing nearly 1.5%.
Brazil's central bank reported Friday morning that the nation's consolidated primary budget surplus rose to 6.82 billion reais ($3.87 billion) in November from 5.61 billion reais last year.
New Zealand Stocks Decline []
Friday, Wellington stocks were trading in negative terrain, tracking the overnight negative lead from Wall Street.
Market Recovers After Opening On Weak Note - Indian Commentary []
Friday, Indian shares opened lower, but recovered soon to trade in positive territory. At 10:18 a.m. IST, the Sensex was up 33 points at 20,349 and the broader Nifty was up 9 points at 6,090.
Japan Overall Retail Sales +1.6% On Year In Nov []
Retail sales in Japan were up 1.6 percent on year in November, according to data released Friday by the Ministry of Economy, Trade and Industry.
Midwest Businesses Expand But Housing Slump Accelerates; Dollar Down Versus Other Majors [EUR/USD]
According to just released data, US businesses in the Midwest expanded faster than expected in December. The Chicago PMI rose to 56.6 in December from 52.9 in November.
Negative Lead For KOSPI []
Stock markets around the world are expected to react badly to the assassination of former Pakistani Prime Minister Benazir Bhutto, and South Korea's KOSPI is no exception. Following news of turmoil in Pakistan and other negative global cues, the KOSPI is seen headed to the downside Friday on the final trading day of the year.
Market Likely To Open Lower On Weak Global Cues - Indian Commentary []
Global cues are pointing towards a lower opening for the Indian market on Friday. Some degree of profit taking is also likely to set in following five consecutive sessions of gains.
Tight Range Seen For Malaysian Stocks []
The Malaysian stock market is expected to move in a tight range amidst light volume on the final trading day of the year when the Kuala Lumpur Composite Index opens for business on Monday. While the numbers have been skewed by light trade around the market holidays, the KLCI has managed to finish higher in six straight sessions, climbing by 43.48 points or 3.1 percent last week.
Japanese Market Plunges After Wall Street Falls On Bhutto's Death []
Friday, Tokyo shares were sharply lower in early trade as the assassination of Pakistani opposition leader Benazir Bhutto sent shockwaves through global financial markets. The U.S. stocks plunged overnight, with the Dow losing nearly 1.5%.
Franc Strong Versus Yen [CHF/JPY]
Franc Strong Versus Yen [CHF/JPY]
Versus the yen in trading on Friday, the Swiss franc saw strength into the mid morning action. The franc rose to a mark of 99.95 as action progressed. The currencies moved as the Japanese core CPI, which excludes fresh food prices, increased 0.4 percent in November compared to one year earlier.
Dollar Advances To Multi-week High Versus Mexican Peso Friday Morning []
The dollar surged higher against Mexico's peso Friday morning as traders weighed data signalling more problems in the US housing market. The dollar advanced for a second day, jumping to 10.9012 after pausing near 10.87 overnight.
Thai Shares Set To Ease []
Stock markets around the world are expected to react badly to the assassination of former Pakistani Prime Minister Benazir Bhutto, and the Stock Exchange of Thailand is no exception. Following news of turmoil in Pakistan and other negative global cues, the SET is seen headed to the downside Friday on the final trading day of the year.
Versus the yen in trading on Friday, the Swiss franc saw strength into the mid morning action. The franc rose to a mark of 99.95 as action progressed. The currencies moved as the Japanese core CPI, which excludes fresh food prices, increased 0.4 percent in November compared to one year earlier.
Dollar Advances To Multi-week High Versus Mexican Peso Friday Morning []
The dollar surged higher against Mexico's peso Friday morning as traders weighed data signalling more problems in the US housing market. The dollar advanced for a second day, jumping to 10.9012 after pausing near 10.87 overnight.
Thai Shares Set To Ease []
Stock markets around the world are expected to react badly to the assassination of former Pakistani Prime Minister Benazir Bhutto, and the Stock Exchange of Thailand is no exception. Following news of turmoil in Pakistan and other negative global cues, the SET is seen headed to the downside Friday on the final trading day of the year.
Dollar Advances To Multi-week High Versus Mexican Peso Friday Morning []
Dollar Advances To Multi-week High Versus Mexican Peso Friday Morning []
The dollar surged higher against Mexico's peso Friday morning as traders weighed data signalling more problems in the US housing market. The dollar advanced for a second day, jumping to 10.9012 after pausing near 10.87 overnight.
German Inflation Slows In December Due To Easing Energy Costs []
December German consumer prices rose a preliminary 0.5 percent from November, and 2.8 percent from a year ago, Destatis said Friday. German consumer prices jumped 3.1 percent in November but easing energy prices helped to slow the pace of inflation this month.
The dollar surged higher against Mexico's peso Friday morning as traders weighed data signalling more problems in the US housing market. The dollar advanced for a second day, jumping to 10.9012 after pausing near 10.87 overnight.
German Inflation Slows In December Due To Easing Energy Costs []
December German consumer prices rose a preliminary 0.5 percent from November, and 2.8 percent from a year ago, Destatis said Friday. German consumer prices jumped 3.1 percent in November but easing energy prices helped to slow the pace of inflation this month.
Dollar Extends Losses Versus Euro After US New Home Sales Plummet 9 Percent []
Dollar Extends Losses Versus Euro After US New Home Sales Plummet 9 Percent []
The dollar extended this week's significant losses versus the euro Friday morning after the release of data showing that US new home sales plunged 9 percent in November to a 647,000 pace.
Loonie Up Versus Greenback And Sterling, Down Against Euro [USD/CAD]
The loonie had mixed results against its major counterparts on Friday as it jumped against the greenback and pound but fell versus the euro. This comes after yesterday's assassination of Pakistan's opposition leader, Benazir Bhutto and as oil climbs towards the $98 mark today in U.S. trading.
South Korean Market Declines On Weak Industrial Output Data []
Friday, Seoul shares closed lower on the back of downbeat industrial output data. Assassination of Pakistani opposition leader Benazir Bhutto and bleak U.S. economic data released on Thursday also impacted investor sentiment. The KOSPI index closed down 11.49 points or 0.6% at 1,897.13.
Brazilian Real Rises Versus Dollar Amid Release Of Primary Budget Surplus Figures [USD/BRL]
Brazil's central bank reported Friday morning that the nation's consolidated primary budget surplus rose to 6.82 billion reais ($3.87 billion) in November from 5.61 billion reais last year.
New Zealand Market Ends In Negative Territory []
Friday, Wellington shares closed lower, tracking the overnight weakness on Wall Street due to weak economic data and assassination of Pakistan opposition leader Benazir Bhutto. The benchmark NZX 50 Index closed down 32.63 points or 0.81% at 4,036.00 and the broader NZX All Capital Index lost 5.00 points or 0.46% to 1,092.03.
Asian Stocks Close Lower On Political Uncertainty, U.S. Economic Concerns []
Stock markets across the Asia-Pacific region fell Friday after Pakistan's former Prime Minister Benazir Bhutto was assassinated and government reports in the U.S. and Japan raised concerns that growth is slowing in the largest economies of the world.
New Zealand Shares To Close Quiet Week Amid Market Tensions []
New Zealand shares will close a quiet week of trading today amid global market tensions caused by the assassination of Pakistani opposition leader Benazir Bhutto.
British Pound Falls Against Majors [GBP/USD]
The British pound fell against its major counterparts at about 8:15 am ET. AS of now, it is worth 1.9945 versus the dollar, 2.2567 versus the franc and 0.7366 against the euro.
The dollar extended this week's significant losses versus the euro Friday morning after the release of data showing that US new home sales plunged 9 percent in November to a 647,000 pace.
Loonie Up Versus Greenback And Sterling, Down Against Euro [USD/CAD]
The loonie had mixed results against its major counterparts on Friday as it jumped against the greenback and pound but fell versus the euro. This comes after yesterday's assassination of Pakistan's opposition leader, Benazir Bhutto and as oil climbs towards the $98 mark today in U.S. trading.
South Korean Market Declines On Weak Industrial Output Data []
Friday, Seoul shares closed lower on the back of downbeat industrial output data. Assassination of Pakistani opposition leader Benazir Bhutto and bleak U.S. economic data released on Thursday also impacted investor sentiment. The KOSPI index closed down 11.49 points or 0.6% at 1,897.13.
Brazilian Real Rises Versus Dollar Amid Release Of Primary Budget Surplus Figures [USD/BRL]
Brazil's central bank reported Friday morning that the nation's consolidated primary budget surplus rose to 6.82 billion reais ($3.87 billion) in November from 5.61 billion reais last year.
New Zealand Market Ends In Negative Territory []
Friday, Wellington shares closed lower, tracking the overnight weakness on Wall Street due to weak economic data and assassination of Pakistan opposition leader Benazir Bhutto. The benchmark NZX 50 Index closed down 32.63 points or 0.81% at 4,036.00 and the broader NZX All Capital Index lost 5.00 points or 0.46% to 1,092.03.
Asian Stocks Close Lower On Political Uncertainty, U.S. Economic Concerns []
Stock markets across the Asia-Pacific region fell Friday after Pakistan's former Prime Minister Benazir Bhutto was assassinated and government reports in the U.S. and Japan raised concerns that growth is slowing in the largest economies of the world.
New Zealand Shares To Close Quiet Week Amid Market Tensions []
New Zealand shares will close a quiet week of trading today amid global market tensions caused by the assassination of Pakistani opposition leader Benazir Bhutto.
British Pound Falls Against Majors [GBP/USD]
The British pound fell against its major counterparts at about 8:15 am ET. AS of now, it is worth 1.9945 versus the dollar, 2.2567 versus the franc and 0.7366 against the euro.