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Nikkei 225 index is trading 0.8% lower, at 9,893.8.
Australian and Asian Report 19th July 2011
Asian Market Snapshot
Asian markets are trading lower this morning, amid concerns that the lack of progress on debt problems in the US and Eurozone would slow the global economic recovery. In Japan, financial stocks, Mitsubishi UFJ Financial, Sumitomo Mitsui Financial and Daiwa Securities, traded lower, tracking losses in US [...]
DJIA edged down 0.8% or 110.2 points to settle at 12,595.8. NASDAQ slid 1.2% or 34.6 to close at 2,828.5. S&P 500 lost 0.8% or 10.9 points to 1,337.8.
International Report 16th May 2011
US markets closed lower on Friday, as dismal corporate earnings, coupled with renewed European debt crisis, weighed on investors’ sentiment. Financial stocks, JP Morgan, Bank of America and Janus Capital, retreated between 2.1% and 4.5%, respectively, as changes to the Consumer Financial Protection Bureau were approved by Republicans of US House [...]
DJIA advanced 0.5% to 12,376.7. NASDAQ climbed 0.3% or 8.53 points to 2,789.6. S&P 500
Australian and Asian Report 4th April 2011
Asian markets are trading mostly higher this morning, as economic data pointed to an improvement in the US job market. In Japan, exporters, Canon and Toyota Motor, traded higher, as the yen weakened against the dollar. Inpex and Japan Petroleum Exploration benefitted from higher oil prices. In Hong Kong, [...]
In Asia, crude oil for April delivery is trading $1.60 higher at $99.48 per barrel
Australian & Asian Market Report 28th February 2011
Asian markets are trading mostly higher this morning, reversing earlier declines, led by gains in financial companies. In Japan, Mizuho Securities paced gains, leading financial companies higher, after a report that the parent company, Mizuho Financial Group, is in talks to make it a wholly owned subsidiary. In [...]
Among technology stocks, Hewlett-Packard tumbled 9.6%, as it reported weaker-than-expected quarterly earnings, while Intel and EMC dropped 3.0% and 0.9%, respectively
Australian and Asian Market Report 24th February 2011
Asian markets are trading lower this morning, taking cues from overnight losses on the Wall Street. In Japan, exporters, Honda Motor, Toyota Motor and Mazda Motor, paced declines, as the yen appreciated against the dollar. Tobu Railway traded in negative territory, after the company revealed its plans to [...]
WalMart fell 3.1%, as it posted its seventh straight quarterly drop in US sales, trailing its own estimates
International Market Report 23rd February 2011
US markets declined yesterday, as concerns over continued unrest in the Middle East and dismal results from Wal-Mart overshadowed better-thanexpected rise in consumer confidence for February. Among retailers, WalMart fell 3.1%, as it posted its seventh straight quarterly drop in US sales, trailing its own estimates. Among financials, JP Morgan [...]
Nikkei 225 index is trading marginally higher at 10,841.0
Australian and Asian Market Report 18th February 2011
Asian markets are trading mostly higher this morning, taking cues from overnight gains on the Wall Street. In Japan, Nikkei is trading flat, as stocks fluctuated between gains and losses. Heiwa Real Estate paced declines, after the company revealed its plans to sell ¥13.4 billion in shares to [...]
US markets ended higher yesterday, with the S&P 500 index reclaiming its 32 month high level, as an unexpected rise in housing starts, strong earnings and takeover activities boosted market sentiments
Asian and Australian Market Report 17th February 2011
Asian markets are trading mostly higher this morning, taking cues from strong overnight gains on the Wall Street. In Japan, exporters, Canon, Sony and Nintendo, paced gains, amid expectations of higher sales in US, as Federal Reserve raised its forecast for US economic growth. Honda Motor gained values, [...]
Nikkei 225 index is trading 0.6% higher, at 10,807.7
Asian and Australian Market Report 16th February 2011
Asian markets are trading mostly higher this morning, after Nomura Holdings raised its growth forecasts for Japan. In Japan, financial stocks, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and MS&AD Insurance Group Holdings paced gains, after Nomura stated that Japan would recover strongly in the first half [...]
International report, 13th January
Australian Report
Asian markets are trading mostly higher this morning, as commodity prices rose, and after European debt crisis eased, following a strong bond auction by Portugal. In Japan, banks, Mitsubishi UFJ Financial Group, Mizuho Financial Group and Sumitomo Mitsui Financial Group, paced increase, taking cues from their US peers. Mitsui & Co. rose, as crude [...]