Posts Tagged ‘currencies’

  • Commodities-and-Currencies-Kick

    Commodities and Currencies Kick Off July

    Jul 2, 12 • 920 Views • Market Commentaries No Comments

    Chinese HSBC manufacturing contracted to the lowest level in the last seven months. Base metals surrendering part of its 4-percent gain, after data at the weekend showed a factory slump in Asia’s two biggest exporters, China and Japan, had deepened in...

  • Market Review May 31 2012

    May 31, 12 • 865 Views • Market Reviews No Comments

    The deepening euro crisis is hurting Asian stocks as they head for their worst monthly performance since late 2008. The euro has also fallen below $1.24 levels, forcing Asian currencies to also pare losses against the greenback. The SGX Nifty is trading lower...

  • Market Review May 30 2012

    May 30, 12 • 870 Views • Market Reviews No Comments

    Equities traded higher today, with US and Canadian markets rallying on news that China might undertake meaningful fiscal stimulus. While industrial metals stocks rallied with the base metals complex, gold stocks fell by 2.4% and gold fell 1.7%. Industrial...

  • Market Review May 29 2012

    May 29, 12 • 876 Views • Market Reviews No Comments

    On Tuesday morning, we are witnessing a lackluster trading session in Asian stocks, as most of them pare slight gains barring Japan. With the US closed yesterday, no major leads were given to the Asian markets. The gains are being restricted as investors are...

  • Market Review May 28 2012

    May 28, 12 • 882 Views • Market Reviews No Comments

    Much of the risk tone facing world markets will be set by the US economy.  For the most part this will only happen toward the end of the week not only because US markets are closed for Memorial Day on Monday but also because a series of key reports will be...

  • Market Review May 25 2012

    May 25, 12 • 940 Views • Market Reviews No Comments

    Equity markets were mixed today, with Asian indices trading lower following the release of a weak Chinese PMI, European markets bouncing back from yesterday’s swoon (despite weak PMI data that showed manufacturing contraction throughout the continent –...

  • Market Review May 24 2012

    May 24, 12 • 835 Views • Market Reviews No Comments

    US markets displayed a notable move to the downside in morning trading on Wednesday due to continued worries about the financial situation in Europe, which came as European leaders held a closely watched summit in Brussels. However, stocks staged a...

  • Market Review May 23 2012

    May 23, 12 • 854 Views • Market Reviews No Comments

    Concerns over Greece’s exit from the Euro Zone have come to the surface again and this has deteriorated risk appetite among investors. Although the Group of Eight (G8) leaders affirmed Greece’s status in the Euro Zone, former Greek Prime Minister Lucas...

  • Market Review May 22 2012

    May 22, 12 • 827 Views • Market Reviews No Comments

    In the last session all leading American indices like Dow Jones Industrial Average, NASDAQ index and the S&P 500 (SPX) ended in green. Dow was up by 1.09% and closed at 12504; S&P 500 was gained by 1.60% at 1316. European indices ended mixed. FTSE was...

  • Market Review May 21 2012

    May 21, 12 • 845 Views • Market Reviews No Comments

    While there are significant forms of data risk in European economies this week, the prime market risk will continue to be represented by Greek worries.  To that effect, following this weekend’s G8 meeting at Camp David, expect the risk of more detailed...

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