Browsing all articles tagged with CASY
Dec
7
0

The market review for December, 7st

Market 8 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.

read more

Author nyse    Category Market    
Sep
8
0

The market review for September, 8st

Equity futures are pointing solidly higher this morning, trading up 1% after the long weekend. This morning’s strength is a continuation of the bid seen on Friday, which followed mixed employment data, and comes on the heels of two days of gains in overseas markets. Asia and European markets traded up yesterday while U.S. markets were closed, and continued higher in today’s trading. In Europe, Cadbury rose 38% yesterday after rejecting Kraft Food’s $16.7 billion bid. Today, strength in commodities related stocks led gains, with gold rising to six month highs above the closely-watched $1000 mark and oil back near the $70 level ahead of tomorrow’s OPEC meeting, which is expected to leave oil supplies unchanged. While Europe posted more moderate gains today, Asia picked up further with China stocks rising ~2% after the official China Securities Journal reported that nine securities mutual funds, tracking China’s stock indices, are being launched in September, adding 50 bln yuan ($7.3 bln) into the market. While overall activity is expected to pick up now that the Labor Day break has passed, the economic and earnings calendars are very light this week.

-Equity futures: S&P +1.14%, Nasdaq +1.05% -10-year Note: 3.442%
-Dollar: 1.4476$/euro, 1.6560$/pound, 92.32yen/$
-European Indices: FTSE +0.6%, DAX +0.5%, CAC +0.4%, MICEX +3.6%
-Asian Indices: Nikkei +0.7%, Hang Seng +2.1%, Shanghai Composite +1.7% read more

Author nyse    Category Market