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US Market Update: DJIA +141 S&P500 +17 NASDAQ +27
3 Feb 2012 at 9:55am
***Economic data*** - (IN) India Forex Reserves w/e Jan 27th: $293.9B v $293.5B prior - (CA) Canada Jan Net Change in Employment: +2.3K v 22.0Ke; Unemployment Rate: 7.6% v 7.5%e...
European Market Update: Better major European PMI Services data continues to ...
3 Feb 2012 at 4:00am
European shares rose ahead of the US nonfarm payrolls data due out during the NY morning. While macroeconomic data from both sides of the Atlantic have been strong, further stalling of the Greek PSI deal talks may push the market lower....
KBC: CNB cuts growth forecast to 0.0% from 1.2% in 2012
3 Feb 2012 at 2:36am
Central European currencies have been waiting on the sideline before US payroll data this afternoon. Investors have also become more cautious about the outlook after the sharp rally of the forint and the zloty over recent weeks and bond yield levels are a...
DAILY FOREX AND DOW JONES RECOMMENDED LEVELS
3 Feb 2012 at 12:57am
Today#8217;s support: - 1.3083, 1.3038, 1.3002 and 1.2974(main), where correction is possible. Break would give 1.2949, where correction also may be. Then follows 1.2907. Break of the latter would result in 1.2874. If a strong impulse, we would see ......
Asian Market Update: Markets await US payrolls and outcome in Greece
3 Feb 2012 at 12:55am
Markets were weaker for most of the day ahead of key US non-farm payroll numbers, continued lethargic debt swap talks in Greece. Singapore was the exception, it stayed in positive territory for the majority of the session, however as the European open got...
US Market Update: DJIA +4 S&P500 +3 NDAQ +3
2 Feb 2012 at 9:31am
***Economic data*** - (US) Jan ICSC Chain Store Sales Y/Y: No est v 3.5% prior - (US) Jan Challenger Job Cuts Y/Y: 38.9% v 30.6% prior - (US) Feb RBC Consumer Outlook Index: 45.1 v 45.8 prior...
KBC: Polish manufacturing surprisingly grows, while Czech continues to decline
2 Feb 2012 at 6:38am
Regional PMIs show diverging tendencies within the region. Polish PMIs surprisingly turned back above 50, level indicating expansion. It rose for the first time since October and posted the third steepest one-month gain in the survey history to 52.2, from...
European Market Update: Spanish unemployment surges in January; China stresse...
2 Feb 2012 at 3:58am
European shares erased gains during the session after drop in oil -related names offset the rally following merger talks between Xstrata and Glencore. Xstrata [XTA.UK] rallied over 12% after confirming that Glencore made an approach for a merger of equals...
Asian Market Update: Risk appetite returns, Australia trade balance 3-month high
2 Feb 2012 at 12:57am
Markets were well into positive territory today on the back of stronger manufacturing numbers out of Europe and the US overnight, giving some confidence to the markets that the global economy is on an upward trend. Talks in Greece soldiered on with no sol...
US Market Update: Dow +140 S&P +14 NASDAQ +27
1 Feb 2012 at 9:30am
***Economic data*** - (CZ) Czech Jan Budget Balance (CZK): +21.0B v -142.8B prior - (PE) Peru Jan Consumer Price Index M/M: -0.1% v +0.2%er; Y/Y: 4.2% v 4.4%e; Wholesale Prices M/M: -0.5% v +0.4% prior...
European Market Update: Better major European PMI data continues to aid risk ...
1 Feb 2012 at 3:54am
European shares rose on the session lifted by mining stocks which rallied after Chinese manufacturing rose to a 4-month high. In individual names, ICAP [IAP.UK] jumped over 8%, despite reporting a decline in revenues. However, the company expect pre-tax p...
KBC: Polish PMI surprised to the upside
1 Feb 2012 at 2:41am
Central European currencies saw a mixed session on Tuesday. Despite posting some gains in intraday trading, they closed barely changed as the strengthening US dollar weighed in late afternoon. However, the Polish zloty kept the gains and even tested 200 d...
Asian Market Update: Mixed China Manufacturing PMI, Australia PM: Strong A$ i...
1 Feb 2012 at 1:17am
Markets were oscillated between gains and losses, weaker earnings from the US as well as an unexpected drop in consumer confidence weighed on the markets. Mixed China Manufacturing PMI data added to the risk adverse attitude, though the slightly stron...
US Market Update: Dow -57 S&P -4 NASDAQ -7.4
31 Jan 2012 at 10:04am
***Economic data*** - (RU) Russia 2011 Annual Real GDP Y/Y: 4.3% v 4.0% prior - (IE) Ireland Jan Consumer Confidence Index: 56.6 v 49.2 prior - (CL) Chile Dec Unemployment Rate: 6.6% v 7.1%e...
European Market Update: Risk appetite benefits as Europe inches towards fisca...
31 Jan 2012 at 4:04am
European shares rose during the session as markets adopted a risk-on attitude following EU summit. European leaders agreed on stricter budget plan while Greece's PM Papademos noted that debt talks had advanced significantly. Continental banks rose ......
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