Market Likely To Open Higher On Positive Cues From Global Peers - Indian Commentary []

Market Likely To Open Higher On Positive Cues From Global Peers - Indian Commentary []
Friday, Indian shares are likely to open higher, tracking positive cues from global markets. Some degree of bargain hunting can also be anticipated following the sharp fall in late trade on Thursday.

European Markets Fall As ECB, BoE Hold Rates - European Commentary []
The European markets fell on Thursday after the European Central Bank and the Bank of England decided to leave benchmark rates unchanged, failing to allay concern that economic growth may slow.

Australia Stocks Expected To Open Higher Off Wall Street Boost []
Australia stocks are poised to open higher on Friday, coming off of Wall Street's second straight day of triple-digit gains, and comments by Fed Chairman Ben Bernanke that make a U.S. interest rate reduction in January more likely.

Japanese Market Slides To 26-Month Low On Renewed Subprime Worries []
Tokyo shares fell Friday to its lowest close since November 2005 amid fears about the Japanese economy and a report that Merrill Lynch will post larger than expected losses on the subprime mortgage crisis. The benchmark Nikkei 225 index closed down 277.32 points or 1.9% at 14,110.79.

Recession Fears Lead To Continued Weakness On Wall Street - U.S. Commentary []
Amid fears of an upcoming recession, stocks have stayed mostly in negative territory in late-morning trading on Thursday. Investors are jittery after several retailers reported disappointing same store sales for the month of December. Capital One Financial (COF) added to the nervousness by slashing their fourth quarter earnings forecast.

Japanese Market Falls On Economic Growth Concerns []
Tokyo shares fell Thursday on selling in real estate and shipbuilding stocks amid concern about a slowdown of Japanese economy. The market declined after a senior central bank official said that the pace of Japan's economic growth was slowing due to a big drop in housing investment.

European Markets To Open Lower Amid U.S. Recession Fears - European Commentary []
European futures are indicating a lower open as traders eye yet another fall in Asian equity prices and experts across the globe continue to worry about the state of the U.S. economy following Friday's disappointing jobs data.

European Markets Rise; Led By Miners, Drugmakers - European Commentary []
The European markets rose on Tuesday, as mining stocks gained on higher copper prices, while pharmaceutical and telecom stocks rallied as investors sought out perceived safe-havens for their investments amid economic fears.

Support Seen For Thai Market []
The Thai stock market saw its modest two-day winning streak grind to a halt Thursday as the market dipped perilously close to the critical support level of 800 points. With positive global cues, the Stock Exchange of Thailand is expected to rebound, albeit in a tight range, when the SET opens for business on Friday.