Australian and Asian Report 13th June 2011
US markets dipped sharply on Friday, with the DJIA ending below the important level of 12,000 for the first time in three months, amid further signs of a global economic slowdown. Among insurance stocks, Travelers retreated 3.1%, as it delayed its share buyback program, following $1 billion loss in [...]
Australian and Asian Report 2nd June 2011
Asian Market Snapshot
Asian markets are trading sharply lower this morning, as lacklustre US economic data added to worries about the global economic recovery. In Japan, automakers, Toyota Motor, Honda Motor and Nissan Motor, traded lower, as their US auto sales in May registered a dismal performance. Adding to the [...]
International Report 10th May 2011
Less than a year after the worst drought in a generation destroyed one-third of Russia’s wheat crop and sent global food prices surging, more adverse weather is damaging fields from North America to Europe to Asia. Corn planting in the U.S., the world’s largest grower, is advancing at half of last [...]
Australian and Asian Report 3rd May 2011
Asian markets are trading mixed this morning, as gains due to the reduction of geopolitical anxieties following the death of Osama bin Laden, were offset by losses due to a fall in oil and metal prices. In Hong Kong, shares of Cnooc traded higher, after Goldman Sachs reiterated its [...]
Australian and Asian Report 21st April 2011
Asian markets are trading higher this morning, as positive earnings reports from a spate of major US companies spurred optimism in the global economic recovery. In Japan, technology stocks, Sony and Renesas Electronics, traded higher, as their US peer, Qualcomm, reported profit which topped market expectations. Nissan Motor rose, [...]
Australian and Asian Report 20th April 2011
Asian markets are trading higher this morning, on hopes of a faster global economic recovery, after US housing starts data and corporate earnings reports exceeded market expectations. In Japan, chip makers, Advantest and Tokyo Electron, traded higher, after their US peer, Intel, projected higher-than-expected quarterly revenues. Exporters, Fanuc and [...]
Australian and Asian Report 13th April 2011
Asian markets are trading higher this morning, as gains in carmakers and airlines managed to eclipse losses in metal and oil stocks. In Japan, the Nikkei 225 index fluctuated between gains and losses, with carmakers such as Honda Motor and Nissan Motor benefiting from a positive review from Nomura [...]
Australian and Asian Report 6th April 2011
Asian markets are trading mixed, amid mounting fears that the Federal Reserve would withdraw stimulus measures. In Japan, Tokyo Electric Power and banks recorded losses, as Japan’s nuclear crisis remained unresolved, and ahead of a policy announcement from the Bank of Japan. In Hong Kong, gains in insurers such [...]
Australian and Asian Report 29th March 2011
Asian markets are trading higher this morning, taking cues from overnight gains on Wall Street. In Japan, exporters, Canon, Sony and Toyota Motor, paced gains, as the yen weakened against the dollar. Shares of Hitachi and Nissan Motor traded higher, as the companies resumed production, following the worst earthquake [...]
14th October 2010 International Report
Compiled by the LiveTradingFloor Trader team
DJIA gained 0.7% to 11,096.1. NASDAQ climbed 1.0% to 2,441.2. S&P 500 index rose0.7% to 1,178.1. FTSEurofirst 300 index added 1.4% to 1,086.5. German DAX Xetra 30 rose 2.1% to 6,434.5. French CAC-40 climbed 2.1% to settle at 3,828.3. US markets closed higher yesterday, following buoyant [...]