The market review for January 12
Stock trades in the U.S. on January 11 2010. ended differently directed changes in the leading indicators of exchange against the backdrop of the increased cost of industrial metals. Driver of growth in metals prices and the stock price of industrial companies was positive statistics from China. Exports of China in December 2009. increased by 17,7% compared with December 2008., reported the Chinese Customs. Analysts did not expect such impressive growth. The volume of Chinese exports in December 2009. first 14 months exceeded the levels a year ago.
Quotations Copper futures on the COMEX rose on January 11 this year at 1.2%: The contract price for delivery in March amounted to 3,441 thousand dollars per pound. Based on data from China’s customs administration, import of copper and copper products in China in December 2009. increased by 27% by November and by 29% by December 2008. Against this backdrop, shares traded in positive territory’s largest industrial companies in the U.S.. For example, shares of the manufacturer of road and construction equipment Caterpillar Inc. risen for the session at 6,3%, the manufacturer of engines and materials Honeywell International Inc. – By 1,3%. Paper company Deere & Co., Producing agricultural machinery and construction equipment, added up to the auction of 4%.
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The market review for January 8
Following a mixed session yesterday, U.S. equity futures are once again showing little direction ahead of a key employment report, this time the all-important Nonfarm Payroll and Unemployment Rate figures. Staying on that front, the eurozone unemployment rate reached 10.0% in November (consensus 9.9%) for the first time since the introduction of the currency in 1999. Overnight Japan’s Nikkei managed to rally 1.1% on a weaker yen and strength in chip-related shares, but most overseas markets have/are trading mixed.
-Equity futures: S&P -0.3, Nasdaq +0.3
-10-year Note: -05/32 to 3.843%
-Dollar: 1.4275 $/euro, 1.5975 $/pound, 93.35 yen/$
-European Indices: FTSE -0.1%, DAX +0.3%, CAC +0.6%
-Asian Indices: Nikkei +1.1%, Hang Seng +0.1%; Shanghai Composite +0.1%
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The market review for January, 2st
U.S. equity futures are showing little direction premarket, edging higher, most likely due to the dollar trading modestly lower against the euro and yen. Asian markets rallied overnight, particularly in Hong Kong and China, following yesterday’s rally in U.S. equity and commodity markets. But European markets are up only modestly, with the exception of the UK’s FTSE. It is being led higher by banks following market talk that Barclays (BCS) may lift its outlook and after Deutsche Bank said that Barclays and Lloyds Banking Group (LYG) were among its top picks in European banks. Back in the U.S., the only big headline is that Kraft (KFT) sweetened its bid for Cadbury (CBY) after agreeing to sell its North American frozen pizza business to Nestle. But Kraft only increased the cash element of the hostile bid, not the size, and shares of CBY are trading 2% lower premarket.
-Equity futures: S&P +1.8, Nasdaq +1.3
-10-year Note: +04/32 to 3.798%
-Dollar: 1.4450 $/euro, 1.6050 $/pound, 91.94 yen/$
-European Indices: FTSE +0.6%, DAX unch, CAC +0.1%, MICEX +0.6%
-Asian Indices: Nikkei +0.3%, Hang Seng +2.1%; Shanghai Composite +1.2%
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The market review for December, 24st
Stock trades in the United States were closed on December 23 2009. the rise of the leading stock indicators 0,01-0,75% against a confident speech technology market and the growth in world oil prices.
Top gainers were paper metallurgical and oil companies. Anadarko Petroleum oil shares have risen in price for the session at 2,5%, oilfield Schlumberger – by 2%. Quotations of futures on the eve of WTI crude oil closed at around 76.67 dollars per barrel. (+3.1%). Grew and prices of industrial metals, particularly copper, which resulted in the positive dynamics of quotations of mining companies. Freeport shares gained weight 3,2%, Newmont Mining of paper went up by 2,8%.
Better the market shares of the newly traded technology companies. Quotations papers online auction eBay Inc. climbed up to the auction by 4,5%, but rates the company Yahoo!, owns one of the leading search services – nearly 4%.
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The market review for December, 22st
Stock trades in the United States were closed on December 21 the growth of leading indexes. Amid rising prices for metals up to the bidding companies’ shares have risen in price considerably mining sector. In particular, securities mededobyvayuschey company Freeport McMoRan was added to the price of 1,9%, while shares of the largest U.S. aluminum producer Alcoa Inc. increased in price by 7,9%. Growth of value of shares Alcoa also helped him improve on the recommendations of analysts from Morgan Stanley to “above market”. At 6.3% in trading shares have risen in price one of the largest U.S. steel companies US Steel Corp.
Amid increasing recommendations by analysts and shares have risen in price the world’s largest manufacturer of chips for PCs Intel Corp. (+2.3%). 5,6% and 3,5% respectively on the basis of tendering shares have risen in price of fertilizer producers Mosaic Co. and Potash Corp., as analysts at Goldman Sachs raised recommendations on them with regard to higher prices for fertilizers. At the 9% increase quotation third largest in the U.S. construction equipment manufacturer Terex Corp., Since the company’s management announced a deal to sell its mining division of the company Bucyrus International Inc. for 1.3 billion dollars
The market review for December, 17st
Stock trades in the United States were closed on Dec. 16 change in opposite directions leading aggregate indicators against the background of the decision of the Federal Reserve System (Fed) to leave the key rate at a level close to zero. Following the two-day meeting on monetary policy the Fed repeated its pledge to keep rates at “extremely low” level for a prolonged period, and stated that the U.S. economy is gaining strength. Fed presented a gamblers are no surprises, but immediately after the announcement of the decision at 22:15 Moscow time, U.S. stock indexes began to win back down, reducing much of the growth achieved in early trading. This happened against a background of growth yield of 10-year U.S. Treasuries, caused by speculation about forthcoming in 2010. Fed rate hikes.
Among the leaders of growth in the auction on Dec. 16 was the action of mineral fertilizer producer CF Industries Holdings (+4,9%), US Steel Corporation Steel Corp. (+2.9%), Oil and gas Range Resources Corp. (+4.3%). Quotations oil futures on the basis of trading on the NYMEX rose 1.97 dollars and accounted for 72.66 dollars per barrel. In the currency market the dollar declined in value against the euro and British pound but strengthened the Japanese yen.
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The market review for December, 15st
Stock trades in the U.S. on Monday, December 14, resulted in an increase of leading indexes. On the dynamics of the market positively influenced by corporate news, as well as a statement of the Government of Abu Dhabi for the emirate of Dubai emergency loan in the amount of $ 10 billion to pay off the debts the state fund Dubai World. It was reported that 4.1 billion dollars of this sum will be used to finance debt-controlled Dubai World developer Nakheel, the repayment of which expired on December 14. The remaining funds will be used to cover the debt, which must be repaid before the end of April 2010., And general corporate purposes. Consent of Arab States to refinance the debts of Dubai World can keep this company from bankruptcy and preventing the emergence of a new wave of financial crisis in the global economy.
The market review for December, 10st
Stock trading on U.S. trading floors were closed on December 9 2009. growth of aggregate indicators for the first time in three days on a weaker dollar, which played into the hands of the shares of mining companies. The index value of the dollar to six other major currencies (USD Index) fell on the eve of 0,3%, interrupting the positive dynamics of the preceding days. Another factor that supported the stock quotes, became positive data on the growth stocks in the United States. The volume of stock in the warehouses of wholesale trade in the United States in October 2009. compared with the previous month unexpectedly rose by 0,3%, said on the eve of the U.S. Ministry of Trade. Growth stock, marked the first time in 14 months, could indicate optimism among U.S. wholesalers, beginners, finally, again to replenish their stocks.
Among blue chips in the plus-up shares were trading aluminum company Alcoa Inc. (1.63%), oil Chevron Corp. (+0.4%) And industrial corporations generalist 3M Co. (3.41%). Securities analysts 3M helped Citigroup, raised their recommendations on them to “hold” to “buy”. As leaders of growth were also shares of pharmaceutical company Pfizer (+2,7%) and paper personal computer manufacturer Hewlett-Packard (+2,06%).
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The market review for December, 7st
Stock trading on the American stock exchange platforms 4 December 2009. closed growth against the backdrop of leading indicators unexpectedly optimistic data from the U.S. labor market. Prior to bidding U.S. Department of Labor (US Department of Labor) reported that the November non-farm sector of the country had lost only 11 thousand jobs, while analysts predicted that this figure will exceed 100 thousand U.S. unemployment rate unexpectedly fell from 10, 2% to 10%. Added a statement of optimism and U.S. Treasury Secretary Timothy Geithner that the unemployment rate in the country in the short term may be further reduced to the background of strengthening the overall state of the economy.
The market review for December, 4st
Stock trades in the U.S. ended 3 December 2009. decrease in leading indexes. The worst predictions were some macroeconomic statistics, released both before and after the start of the trading session. So, not met the expectations of performance index of business activity in the services sector. According to the Institute for Supply Management, in November, the index fell by 1.9 points compared with the October value and amounted to 48,7 points. This was much worse than forecasts of analysts, who expected that the index will grow to 52 points, and brought fears that the economic recovery has slowed down.
There was more optimistic message of the Ministry of Labor (US Department of Labor), under which the rate of labor productivity in the United States in non-agricultural sectors in the III quarter of 2009., On the final data, seasonally adjusted rose by 8,1% compared with the previous quarter. Analysts expect that growth will be more significant (8.6%). At the same time better than analysts’ forecasts was the report of the U.S. Department of Commerce (US Department of Commerce) to reduce the number of initial applications for unemployment insurance during the week of 5 thousand – up to 457 thousand, analysts expect this figure will be 485 thousand
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