Japanese Market Falls On Economic Growth Concerns []

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.

Market Likely To Open Flat On Back Of Mixed Cues From Global Peers - Indian Commentary []
Thursday, the Indian market is likely to open flat on the back of mixed cues from global peers. The U.S. stocks rebounded Wednesday on bargain hunting in financial and technology stocks. The major Asian markets are trading mixed on Thursday. Crude oil prices have eased after gasoline stocks rose, making up for a decline in crude oil inventories.

Yen Advances Versus Pound And Euro [USD/JPY]
The yen rose against the euro and the sterling on Friday in New York but remained uncertain versus the greenback.

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.

Stocks May Show A Lack Of Direction In Early Trading - U.S. Commentary []

Stocks May Show A Lack Of Direction In Early Trading - U.S. Commentary []
After falling sharply in the latter part of the previous session, stocks may show a lack of direction in early trading on Wednesday. The major U.S. index futures are indicating a roughly flat open for the markets, as traders continue to express uncertainty about the outlook for the economy.

Stocks Turning In A Lackluster Performance In Early Trading - U.S. Commentary []
Stocks moved modestly higher at the start of trading on Wednesday, with the major averages edging back to the upside after ending the previous session at multi-month closing lows. Nonetheless, buying interest remained relatively subdued in the first few minutes of trading.

European Stock Traders Eye Gains In Asia, Disappointing U.K. Retail News - European Commentary []
European equity markets will open with bullish news from Asia for the first time in four days as the major Asian indices rose overnight following several days of declines.

US Dollar Falls To New Multi-year Low Against Chilean Peso [USD/CLP]
The US dollar fell against the Chilean peso in early New York trading on Friday. At about 9:05 am ET, the greenback, touched a new multi-year low of 478.25, compared to yesterday's close of 482.85. As of now, the dollar-peso pair is worth 479.75.

Stocks Lower In Early Afternoon Trading After Seeing Early Strength - U.S. Commentary []
Stocks have turned negative over the course of the trading session on Tuesday, with the major averages pulling back below the unchanged line after seeing some strength earlier in the session. The downturn reflected lingering uncertainty about the outlook for the economy.

Weakness Persists On Wall Street On Mid-Afternoon Trading - U.S. Commentary []
Wall Street continues to see considerable weakness in mid-afternoon trading on Friday. The major averages have remained below the unchanged line throughout the day thus far after closing higher in the two previous sessions.

Greenback Firms Versus Kiwi After Hitting Monthly Low [NZD/USD]
The dollar firmed up against its New Zealand counterpart in early afternoon dealing Friday after hitting a one-month low earlier in the session.

Stocks Showing A Lack Of Direction Following Bernanke's Comments - U.S. Commentary []
Continuing a recent trend, stocks have seen considerable volatility over the course of the trading session on Thursday. The major averages have had difficulty sustaining any significant moves as they digest comments from Federal Reserve Chairman Ben Bernanke.

Stocks Close Higher After A Choppy Trading Session - U.S. Commentary []
Wall Street ended a choppy session on the positive side on Wednesday. The markets started the day positive, but moved below the unchanged line in late-morning trading. After trying to recover, the markets fell even further before changing course in the last two hours of the day.

Market Likely To Open Flat On Back Of Mixed Cues From Global Peers - Indian Commentary []

Market Likely To Open Flat On Back Of Mixed Cues From Global Peers - Indian Commentary []
Thursday, the Indian market is likely to open flat on the back of mixed cues from global peers. The U.S. stocks rebounded Wednesday on bargain hunting in financial and technology stocks. The major Asian markets are trading mixed on Thursday. Crude oil prices have eased after gasoline stocks rose, making up for a decline in crude oil inventories.

Stocks Under Pressure Amid Renewed Credit Concerns - U.S. Commentary []

Stocks Under Pressure Amid Renewed Credit Concerns - U.S. Commentary []
Stocks are seeing significant weakness in morning trading on Friday, as concerns over the credit crunch continue to rattle investors. The drop in the markets comes after they closed strong in each of the two previous sessions.

Stocks Turning In A Lackluster Performance In Early Trading - U.S. Commentary []
Stocks moved modestly higher at the start of trading on Wednesday, with the major averages edging back to the upside after ending the previous session at multi-month closing lows. Nonetheless, buying interest remained relatively subdued in the first few minutes of trading.

Stocks May Give Back Some Ground In Early Trading - U.S. Commentary []
Stocks could see some weakness in early trading on Friday, with the major U.S. index futures indicating a lower open for the markets following the gains seen in the two previous sessions. The downward momentum is partly due to lingering concerns about the ongoing credit crisis.

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.

Weakness Persists On Wall Street On Mid-Afternoon Trading - U.S. Commentary []
Wall Street continues to see considerable weakness in mid-afternoon trading on Friday. The major averages have remained below the unchanged line throughout the day thus far after closing higher in the two previous sessions.

European Markets Fall On U.S. Job Data - European Commentary []
The European markets fell sharply on Friday after a U.S. government report showed weaker than expected job growth and a much bigger than expected jump in the unemployment rate, raising concerns that the world's largest economy could be headed toward recession.

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.

Stocks Turn In A Lackluster Performance Following Recent Weakness - U.S. Commentary []

Stocks Turn In A Lackluster Performance Following Recent Weakness - U.S. Commentary []
With little economic news to go on, stocks spent the day moving back and forth across the unchanged line on Monday. The choppy trading day saw some investors bargain hunting after the sharp decline on Friday, while other investors were setting their portfolios up for a recession.

Malaysian Stocks Open In Record Territory - Again []
After taking Thursday off for a public holiday, the Malaysian stock market is likely to pick up right where it left off on Friday after posting record closes in each of the four previous sessions. With broadly positive global cues, the Kuala Lumpur Composite Index is threatening the 1,500 point level.

Australian Market Declines On Weakness In Resources Sector []
Friday, Sydney shares were trading lower on weakness in the resources sector following a decline in commodity prices overnight. At 11:55 a.m. local time, the benchmark S&P/ASX 200 index was down 39.4 points or 0.6% at 6,039.3 and the broader-based All Ordinaries index was losing 39.3 points or 0.60% to 6,108.0.

Stocks On Pause Thursday Morning Ahead Of Bernanke Speech []
US stocks were poised for a lackluster start to Thursday's session as traders braced for a speech on the economy from Fed Reserve Chairman Ben Bernanke.

Stocks Move Back Near Unchanged Line - U. S. Commentary []
Wall Street remains negative in late morning trading on Monday, with the Nasdaq underperforming the Dow and the S&P 500 for a second session in a row. Investors started the trading day positive, but sentiment turned negative early on.

South Korean Market Rises On Wall Street Gains []

South Korean Market Rises On Wall Street Gains []
Thursday, Seoul shares were trading slightly higher, amid volatility, tracking Wall Street's overnight rebound on bargain hunting. The settlement of the options and futures contracts also weighed on market sentiment.

Indian Market Opens Flat []
Wednesday, Indian shares opened flat, tracking weak cues from global markets. At 10:04 a.m. IST, the benchmark Sensex was down 65 points at 20,807 and the broader Nifty was losing 19 points to 6,268.

Stocks On Pause Thursday Morning Ahead Of Bernanke Speech []
US stocks were poised for a lackluster start to Thursday's session as traders braced for a speech on the economy from Fed Reserve Chairman Ben Bernanke.

New Zealand Stocks Trade Weak []
Thursday, Wellington stocks were trading weak. The benchmark NZX 50 Index was losing 6.38 points or 0.16% to 3,905.78, while the NZX All Capital Index was declining 3.16 points or 0.08% to 3,970.67.

Stocks Seeing Considerable Strength In Mid-Morning Trading - U.S. Commentary []
Stocks are in positive territory in morning trading on Tuesday after a lackluster performance left the major averages mixed in the previous session. A variety of sectors have moved to the upside, with significant strength visible among resource stocks.

Stocks Come Under Pressure At The Start Of Trading - U.S. Commentary []
Stocks came under considerable selling pressure at the start of trading on Thursday, with the major averages moving back to the downside after showing a particularly strong upward move in the latter part of the previous session.

Stocks Mixed In Late Morning Trading - U.S. Commentary []
In late-morning trading on Tuesday, stocks have pulled back off their highs after seeing earlier strength. The major averages have moved to the downside, with the Dow slipping into negative territory.

New Zealand Shares Look For Week-Ending Rebound []
New Zealand shares look to close the week with a rebound off of another up-side lead from Wall Street.

Stocks Move Higher At The Start Of Trading - U.S. Commentary []
Stocks moved higher at the start of trading on Monday, with the major averages regaining some ground after falling sharply last week. Bargain hunting contributed to the initial upward move, with traders picking up stocks at reduced levels.

Loonie Weakens Versus Majors Amid November Economic Data [EUR/CAD]

Loonie Weakens Versus Majors Amid November Economic Data [EUR/CAD]
The Canadian dollar weakened against its major counterparts amid the release of the Canadian New Housing price data and Building permits data for the month of November The Canadian jobless claims down 15,000 to 322,000 and building permits fell 9.9% November.

More Gain Projected For Hang Seng []
The Hong Kong stock market closed higher Wednesday for just the second time in the last six sessions, but analysts have tipped the Hang Seng Index to continue its positive bounce when it kicks off trade on Thursday. In line with other regional gains, the Hang Seng could well regain 28,000 points.

South Korean Market Closes Sharply Lower []
Thursday, Seoul shares closed lower, amid volatility, on the day of settlement of options and futures contracts. The main index had gained more than 30 points in early trade, helped by Wall Street's rebound overnight on bargain-hunting. However, investor sentiment was impacted by Bank of Korea's decision to keep interest rate firm at 5.0%, concerns about domestic inflation and a global economic slowdown.

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.

Swiss Franc Strong Against Euro []
In trading against its European counterpart, the Swiss franc saw strength into Thursday morning action. The franc rose steadily to a mark of 1.6295 against the euro. The pair moved as the European Central Bank maintained its key interest rate at a six-year high of 4%.

Indian Market Opens Flat []
Wednesday, Indian shares opened flat, tracking weak cues from global markets. At 10:04 a.m. IST, the benchmark Sensex was down 65 points at 20,807 and the broader Nifty was losing 19 points to 6,268.

FTN Financial Examines Recent Jobless Claims []
Chris Low from FTN Financial commented on Thursday that initial claims for unemployment insurance fell by 15k in the holiday-shortened week ending January 5, a week that is typically volatile and difficult to seasonally adjust due to the New Year's holiday.

Dollar Falls To New Multi-year Low Against Chilean Peso [USD/CLP]
The US dollar fell against the Chilean peso in early deals on Thursday. Extending yesterday's downtrend, the US currency touched a multi-year low of 485.00 at about 7:25 am ET, compared to yesterday's close of 486.45. As of now, the dollar-peso pair is worth 485.35.

KOSPI Seen To Extend Gains []
The South Korean stock market rode a strong afternoon rebound Wednesday to snap a two-day losing streak, and analysts fully expect that bounce to continue positively when the KOSPI opens for business on Thursday. Trade is likely to remain volatile again, however, ahead of the settlement of futures contracts and the Bank of Korea's interest rate decision.

China Shares Close Higher, Led By Property Developers And Steelmakers []
Shanghai stocks closed higher Thursday, led by property developers and steelmakers. However, weakness in energy stocks, following a government announcement that it will hold electricity and fuel prices steady in the near term, capped gains. The benchmark Shanghai Composite Index closed up 20.73 points or 0.38% at 5,456.54.

Euro Moving Higher Against Swiss Franc [EUR/CHF]

Euro Moving Higher Against Swiss Franc [EUR/CHF]
the euro is advancing against the Swiss franc. The pair is trading at 1.6380, with the euro building on a rise that began in early afternoon New York Time, and breaking through short term resistance.

South Korean Market Slides Tracking Wall Street Slump []
Wednesday, Seoul shares were trading sharply lower, following an overnight plunge in U.S. markets. At 11:07 a.m. local time, the benchmark Korea Composite Stock Price Index or KOSPI was down 16.12 points or 0.88% at 1,810.10.

Amended: Market Likely To Open Lower On Weak Global Cues - Indian Commentary []
Amended: 'Asian Commentary' in headline corrected as 'Indian Commentary.'

US Dollar Gains To 2-day High Against Mexican Peso [USD/MXN]

US Dollar Gains To 2-day High Against Mexican Peso [USD/MXN]
The US dollar gained against the Mexican peso in early deals on Wednesday. Before hit a 2-day high of 10.9445 at about 9:00 am ET, the greenback slightly moved down in early European trading. As of now, the dollar-peso pair is worth 10.94.

Stocks Mixed In Late Morning Trading - U.S. Commentary []
In late-morning trading on Tuesday, stocks have pulled back off their highs after seeing earlier strength. The major averages have moved to the downside, with the Dow slipping into negative territory.

Stocks Turn Lower After Seeing Early Strength - U.S. Commentary []
After failing to sustain an early upward move, stocks have turned lower over the course of morning trading on Monday. The major averages have pulled back off their highs for the session and into negative territory.

Pound Declines Versus Other Major Currencies [GBP/USD]
The sterling fell against its major counterparts on Wednesday morning in New York, hitting an all-time low against the euro and a nine-month low versus the greenback. This came as investors weighed a report showing U.K. shop price growth slowed in December.

Market Likely To Consolidate At Current Levels On Mixed Cues From Global Peers - Asian Commentary []

Market Likely To Consolidate At Current Levels On Mixed Cues From Global Peers - Asian Commentary []
Tuesday, Indian shares are likely to consolidate at current levels on the back of mixed cues from global markets. Some degree of profit booking can also be expected following recent record gains. However, in intraday trading, the Sensex might touch the 21,000 mark.

Stocks May Move Higher In Early Trading - U.S. Commentary []
Stocks could see some strength in early trading on Tuesday, with the major U.S. index futures indicating a higher open for the markets following the lackluster performance that was seen throughout much of the previous session.

US Stocks Set To Snap Back Monday Morning - US Commentary []
US stocks were set to rebound from a dismal performance in the previous session Monday morning as the price crude extended its decline from last week's record highs.

Japanese Market Declines On Wall Street Losses []
Wednesday, Tokyo shares were trading sharply lower, tracking heavy losses on Wall Street overnight on the back of housing woes and U.S. economic conerns. At 10:41 a.m. local time, the Nikkei 225 index was down 106.04 points at 14,422.63 and the broader Topix index was down 10.84 points at 1,392.22.

China Market Due For Correction []
The four-day winning streak is over for the China stock market, and investors are bracing for a further correction when the Shanghai Composite Index opens for business on Wednesday. The SCI had finished higher every business day so far in 2008, picking up more than 120 points along the way.

Stocks Mixed In Late Morning Trading - U.S. Commentary []
In late-morning trading on Tuesday, stocks have pulled back off their highs after seeing earlier strength. The major averages have moved to the downside, with the Dow slipping into negative territory.

Stocks Turn In A Lackluster Session Ahead Of Employment Data - U.S. Commentary []
Stocks turned in a lackluster performance on Thursday, as investors looked ahead to the release of the Labor Department's Employment report on Friday. Investors were also jittery as the price of oil reached a new high, raising fears of increased inflation.

Stocks Turn Lower After Seeing Early Strength - U.S. Commentary []
After failing to sustain an early upward move, stocks have turned lower over the course of morning trading on Monday. The major averages have pulled back off their highs for the session and into negative territory.

Market Likely To Open Lower On Weak Global Cues - Asian Commentary []
Global cues are pointing towards a lower opening for the Indian market on Wednesday. Some degree of profit booking can also be expected following recent record gains. The U.S. stocks plunged Tuesday amid housing woes and discouraging news from AT&T.

Loonie Drops Further Versus Majors [EUR/CAD]

Loonie Drops Further Versus Majors [EUR/CAD]
The Canadian dollar further weakened against its major counterparts at about 3:26 pm Eastern Time on Tuesday. As of now, the loonie is trading as low as 108.70 against the Japanese yen, 1.4767 against the euro and 1.0037 versus the dollar.

Stocks Turn Lower After Seeing Early Strength - U.S. Commentary []
After failing to sustain an early upward move, stocks have turned lower over the course of morning trading on Monday. The major averages have pulled back off their highs for the session and into negative territory.

New Zealand Shares Get Soft Wall Street Lead []
New Zealand stocks are poised For a lower open, following another day of losses on Wall Street.

Kiwi Hits Multi-day Versus Greenback [NZD/USD]
The New Zealand dollar hit a multi-day high against the US dollar on Tuesday's mid-afternoon New York deals. The kiwi-dollar pair reached a 3-day high of 0.7734 by about 2:09 pm Eastern Time, up from yesterday's close of 0.7691. The pair is now trading near 0.7730

Stocks Move Higher At The Start Of Trading - U.S. Commentary []
After turning in a mixed performance in the previous session, stocks moved higher at the start of trading on Tuesday. The major averages all moved into positive territory, with the Nasdaq rebounding after ending Friday's trading at a four-month closing low.

Stocks Close Mixed; Japan Reverses Losses - Asian Commentary []

Stocks Close Mixed; Japan Reverses Losses - Asian Commentary []
Stock markets across the Asia-Pacific region closed mixed on Tuesday after the U.S. shares finished flat overnight amid economic growth concerns.

Loonie Drops Further Versus Majors [EUR/CAD]
The Canadian dollar further weakened against its major counterparts at about 3:26 pm Eastern Time on Tuesday. As of now, the loonie is trading as low as 108.70 against the Japanese yen, 1.4767 against the euro and 1.0037 versus the dollar.

Japanese Market Slides On U.S. Economic Growth Worries []
Monday, Tokyo shares settled sharply lower, following Wall Street's losses on Friday as a weaker-than-expected U.S. December jobs data raised concerns that the world's largest economy might slip into recession. The benchmark Nikkei 225 index closed down 190.86 points or 1.3% at 14,500.55, but off day's low of 14,438.61.

Franc Mixed Versus Majors Tuesday Morning [USD/CHF]
The Swiss currency was choppy in trading against its world counterparts in action on Tuesday morning in New York. The franc moved with little economic news from the area.

Yen Gains Momentum Against Majors [EUR/JPY]
Reversing the early losses, the Japanese Yen gained some ground against its major counterparts during the early New York deals on Tuesday. As of 8:47 am ET, the yen was trading near 109.38 versus the dollar, 216.00 versus the pound and 160.85 versus the euro.

Greenback Moves Back Towards Multi-decade Low Versus Aussie []
The dollar extended its early decline in late morning dealing versus its Australian counterpart on Tuesday, slipping to .8826 from an overnight level near .878. With the retreat, the dollar moved back towards a week-old multi-decade low of .8853.

Australia Stocks Expected To Open Lower []
Australian stocks are poised for a lower Tuesday open, following a luke warm lead from Wall Street.

European Markets Quiet Ahead Of U.S. ISM, European Manufacturing Reports - European Commentary []

European Markets Quiet Ahead Of U.S. ISM, European Manufacturing Reports - European Commentary []
European markets are quiet ahead of the first trading session of the new year, as traders will be looking towards a number of key economic reports for direction in what will likely be light trading.

Stocks Move Higher At The Start Of Trading - U.S. Commentary []
After turning in a mixed performance in the previous session, stocks moved higher at the start of trading on Tuesday. The major averages all moved into positive territory, with the Nasdaq rebounding after ending Friday's trading at a four-month closing low.

Stocks Likely To Come Under Pressure On Weak Employment Data - U.S. Commentary []
Stocks are likely to see considerable weakness in early trading on Friday, as traders react to a Labor Department report showing much weaker than expected employment growth. The major U.S. index futures are currently indicating a sharply lower open for the markets.

Stocks Move Off Their Lows But Remain Firmly Negative - U.S. Commentary []
Stocks have come well off their lows for the day, but they are still firmly planted in negative territory after weaker than expected economic news came out earlier today and the price of oil reached $100 a barrel.

Peter Boockvar Comments On Pending Home Sales: How Much Do Prices Need To Drop To Tempt Higher Demand? []
Peter Boockvar of Miller Tabak & Co. reported on Tuesday that November Pending Home Sales, the contract signings of existing homes, fell a greater than expected 2.6% month over month versus expectations of a decline of 0.7%.

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.

Stocks Turn In A Lackluster Performance Following Recent Weakness - U.S. Commentary []
With little economic news to go on, stocks spent the day moving back and forth across the unchanged line on Monday. The choppy trading day saw some investors bargain hunting after the sharp decline on Friday, while other investors were setting their portfolios up for a recession.

Stocks Close Lower On Disappointing Economic Data - U.S. Commentary []

Stocks Close Lower On Disappointing Economic Data - U.S. Commentary []
Though the markets opened modestly higher, stocks dropped substantially after the Institute for Supply Management released its report on economic activity in the manufacturing sector in the month of December. The report showed that activity in the sector unexpectedly contracted, with the purchasing managers index falling to 47.7 in December.

Market Likely To Consolidate At Current Levels On Mixed Cues From Global Peers - Asian Commentary []
Tuesday, Indian shares are likely to consolidate at current levels on the back of mixed cues from global markets. Some degree of profit booking can also be expected following recent record gains. However, in intraday trading, the Sensex might touch the 21,000 mark.

Stocks Seeing Modest Strength In Early Trading - U.S. Commentary []
Stocks moved modestly higher at the start of trading on Thursday, with the major averages regaining some ground after falling sharply in the two previous sessions. Bargain hunting contributed to the initial upward move.

Merrill Lynch Economist Says US Has Entered Recession []
The US economy has entered into its first major recession in 16 years according to David Rosenberg, chief North American economist for Merrill Lynch. In a research note to clients released on Monday, Rosenberg wrote that "Friday's employment report confirmed our suspicions that the economy was transitioning into an official recession towards the end of last year."

Malaysian Stocks Due For Correction []
After two straight days of record high closes, analysts are calling for the Malaysian stock market to ease slightly on a bit of profit taking when the Kuala Lumpur Composite Index opens for business on Tuesday. Also likely to lead the index to the downside will be the plantation sector that had helped to set the record highs, since palm oil is viewed as an organic alternative for crude oil.

Market Likely To Open Sharply Lower On Back Of Weak Global Cues - Asian Commentary []
Global cues are pointing towards a lower opening for the Indian market on Monday. The U.S. stocks plunged on Friday after a weaker-than-expected jobs data fanned recession fears. The major Asian markets are sharply lower on Monday, tracking Wall Street's sell-off.