Tag Archive

Dow crashes below crucial 10,000 level

Published on August 27, 2010 By Greg

International Market Report 27th August 2010
The Nikkei climbed 0.5% or 48.35 points to 8,954.55, climbing further away from a 16-month low that it hit on Wednesday. The Topix gained 0.6% to close at 816.22. The Dow shed 74 points to close at 9,985, on the other hand the Nasdaq lost 22 points to close at [...]

The EU approves further Debt from Greece

Published on August 20, 2010 By Greg

International Market Report 20th August 2010
The Nikkei dropped 1.7% or 162.69 points to 9,199.99, while the broader Topix dropped 1.6% to 830.65. The Dow dropped 144 points to close at 10,271, however the S&P 500 dropped 18 points to close at 1,075. The NASDAQ fell 36 points to close at 2,178.
Wheat prices rose to $7 [...]

Venezuela to pay China Debt with oil

Published on August 6, 2010 By Greg

International Market Report 6th August 2010
The benchmark Nikkei dropped 93.27 points to 9,560.65, while the broader Topix declined 0.6 percent to 851.83.
Venezuela will pay back its record-breaking $20bn (£12.6bn) loan from China with daily shipments of oil. This deal marks one of the biggest successes in China’s efforts to leverage its foreign exchange strategy. Analysts [...]