Business & Investment
Italian Police Find Fake U.S. Bonds $ 6 T
Italian police seized approximately $ 6 trillion in bogus bonds of the United States and other securities in Switzerland. Police also reportedly been arrested eight Italian nationals as suspects.
As quoted by Reuters on Sunday (2/18/2012), the operation is coordinated by a prosecutor of Potenza in southern Italy along with U.S. authorities after a yearlong investigation.
“This investigation started from the investigation mafia loan shark who is gradually expanded by prosecutors who use wiretaps phone and computer to dig up evidence of illegal activity,” writes Reuters. › Continue reading
Dow Jones Print Worst Record This Year
The stock market is the United States (U.S.) slipped and recorded its worst performance this year. The trigger is Greece, where negotiations with other countries and delayed return to negative sentiment for the financial markets.
In late trading Wednesday U.S. time, the Dow Jones Industrial Average fell 97.33 points to close at 12780.95. It was the worst decline in a single day for the Dow this year.
The Standard & Poor 500 and Nasdaq composite index rose in the morning, but akhirnua weakened in the afternoon. S & P index fell 7.27 points to 1343.23. Nasdaq fell 16 points to 2915.83. › Continue reading
Deal of Greece, the U.S. Stock Market Light Up
The stock market is the United States (U.S.) regained some strength after Greece and creditors find an agreement about the debt.
Previously, Greece announced that it has berkomimen to cut costs and avoid default on debt falling due within the next month. Even so, the stock market apparently still declining. Analysts said the market had expected the Greek deal and warned that Europe still faces problems.
“We still have a lot of homework,” said chief analyst at UBS Wealth Management Jeremy Zirin such as reports from the Associated Press (AP), Friday (10/02/2012). › Continue reading
United States Stock Market Still Weakens
The stock market is the United States (United States) back down. This opens up opportunities for market participants re-enter the market.
Dow Jones eventually weakened this week as the impact of Chevron Corp, which announced its earnings below Wall Street estimates. While Procter & Gamble Co. also cut its profit growth forecast for the dollar to strengthen.
However, actual trade by the end of market participants begin to take action to buy. This is in line with the positive sentiment of the Federal Reserve would keep interest rates low until 2014.
“Investors welcomed menmyambut little attenuation with buying. And berharapo they can share in the index rally is going to happen. At this point, they rationalize share anything they can to get in,” said TEIM Financial Management LLC James Dailey as quoted by Reuters, Saturday (1/28/2012). › Continue reading
Dow Jones Results Best Level Since Christmas
Stocks on Wall Street score their best level since Christmas last year. After the release of strong earnings reports from IBM and Intel are inversely proportional to Google’s report.
In this week’s market situation become the busiest relating to “earnings season”, with some concern over the sharp growth in revenues and offset by cost reductions.
Quoted by Reuters on Saturday (01/21/2012), Dow Jones Industrial Average rose 96.50 points, or 0.76 percent, to 12720.48. Standard & Poor’s 500 index edged up 0.88 points, or 0.07 percent to 1315.38. But the Nasdaq Composite Index slid 1.63 points, or 0.06 percent to 2786.70.
This week, the Dow rose 2.4 percent and the S & P 500 rose two percent as reflected in the satisfaction of investors that earnings do not reflect the worst elements that influence the market. Given the problems in the eurozone that has weighed on investors. › Continue reading
“Gold Prices Will Translucent USD1.940/Ounce”
Goldman Sachs said the price of crude oil, gold and copper in 2012 will strengthen this.
“We see gold and copper will reach its highest level in 2012 was, along with the improving economic fundamentals in 2012,” the investment bank said as quoted by Indiatimes, Saturday (14/01/2012).
Rise in metal commodity prices, he added, trailing minmyak price increase that will occur this year. “In our view, it’s just a matter of time when OPEC cut back production and hoist oil prices rose due to increased demand,” he explained.
In his notes, sanctions against Iran could push oil prices well into the $ 130-140 per barrel. He said the focus of oil markets is the potential closure of the Strait of Hormuz.
In addition, the bank also said gold prices are expected to continue to increase through 2012, reached USD1.940 per ounce for one year, due to the current low level of real U.S. interest rates. › Continue reading
Dow Jones, S & P Print Highest Record in 5 Months
The stock market is the United States (U.S.) successfully rose to its highest level in five months. Stock-based materials, and banking became the motor strengthening exchanges this time.
Aluminum producer Alcoa Inc. recorded revenues that exceeded expectations on Monday night and gave to the idea that the aluminum industry is growing rapidly. Shares of Alcoa closed USD9, 44 rose a penny.
Not only that, the data showing strong Chinese imports of copper to help this sector stocks rose.
Previously, Wall Street is constantly depressed due to the eurozone debt crisis. But U.S. economic data recently, and optimism about the performance of listed companies has pushed the stock market rose early in the new year, with the benchmark S & P 500 rose in five of the six trading sessions so far. › Continue reading
France Ready to Auction Bonds
France will auction bonds maturing from 2021 until 2041 after the previous sale of 10-year German bonds fell to its lowest point in five years.
French credit rating Fitch Ratings lowered on Dec. 16, risk-related emergency debt payments arising from the escalation of the crisis in the European region. Standard & Poor’s review the highest ranked of the French and German.
Greek Prime Lucas Papademos warned of spending cuts is the only way to defend his country in the European region, and received financing from creditors.
Based on the discussions carried out during this month starting from the EU, IMF and European Central Bank, the so-called troika, all the focus to create economic plan that can be justified for 2012-2015. › Continue reading
Wall Street Drove in First Week of 2012
Stocks on Wall Street rise recorded in the first week of 2012. Although shaken by the news that the unemployment rate United States (U.S.) reached the lowest in three years.
Noted, the Dow rose 1.2 percent, the S & P rose 1.6 percent, and the Nasdaq soared 2.7 percent for the week. The gain is largely contributed by each sector is growing.
Quoted by Reuters on Saturday (01/07/2012), on Friday, the Dow Jones industrial average fell 55.78 points, or 0.45 percent to 12359.92. While the S & P 500 lost 3.25 points, or 0.25 percent to 1277.81. And the Nasdaq Composite rose 4.36 points, or 0.16 percent to 2674.22 position.
Signs of economic recovery to be subject to U.S. capital markets at the beginning of this year. The stock market was moving quickly from just a lingering worry and think about the debt crisis facing the euro zone.
“The news coming out of Europe negative throughout the week, and we will finish it. I think it’s real good performance,” said Jack De Gan, chief investment officer at Harbor Advisory Corp. in Portsmouth, New Hampshire. › Continue reading
The Fed Release Interest Rate Predictions
Central Bank of the United States (U.S.) Federal Reserve or the Fed will publish interest rate forecasts on a regular basis in an effort to increase transparency at the agency.
This policy will allow financial market participants and the public get more detailed information about the indication the Fed will create a new interest rate policy in the next few years. Fed Governor Ben Bernanke said the move was a very important milestone in promoting greater transparency of policy, pushing the economy into a better direction, and aligning the market.
As quoted by AFP, the Fed Board of Governors meeting of December 13 last, the banking authority of uncle Sam has decided to enter information about the projection of monetary policy in the Summary of Economic Projections (SEP), which began in early January.
The Fed has set interest rates from 0 to 0.25 percent since December 2008 and has been buying bonds amounting to $ 2, 3 trillion in an effort meningkatkanpertumbuhanekonomi.
In a statement after the meeting the board of governors, the Fed kept interest rates low diperkirkan now at least until mid-2013. The decisions made by the Federal Open Market Committee (Federal Open Market Comitte / FOMC), the Fed is expected to improve communication and be the first step in a reshuffle that has been eagerly awaited by some Fed officials. › Continue reading