market & corporations
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 Rise Again
Gold prices moved higher after Standard & Poors downgraded the debt of nine European countries that became negative centimeters.
After this step the S & P, the pressure to complete the negotiations for Greece in order to avoid a loan default status (default).
Meanwhile, investors also pay attention to China’s economic data which is an indicator of economic growth for Asia. China will announce the figures gross domestic product (GDP) in 2011.
As quoted by Reuters on Tuesday (1/17/2012), the price of gold moved higher 0.1 percent to USD1.645, 6 per ounce. While the U.S. gold prices rose nearly one percent to USD1.646, 3. › Continue reading
American Keep track of Trafficking Violations in China
President of the United States (U.S.), Barack Obama intends to make a team (task force) to monitor and respond to possible violations by China’s commercial trade.
Wall Street Journal reported, as reported by the Straits Times, Wednesday (01/11/2012), although the team has a name in general, specifically targeting Beijing.
The team will involve the Ministry of Finance, Ministry of Commerce, and the Department of Energy, as well as U.S. trade representative’s office. This was reported after Treasury Secretary Timothy Geithner was in Beijing.
Nevertheless, the White House would not confirm the report. But Obama spokesman Jay Carney said the government would continue to press China to the lowest level for American workers and employers. › 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
Recently Second Day, Wall Street’s Not Pumped Up
Shares in the United States (U.S.) barely budged. Investors could indeed benefit from trade opening, but it is not long.
Strong sales in December have helped the auto sector and auto shops have a big advantage. Banks, health care companies, and utilities edged down and Netflix jumped after the first good news.
Citing AP, in trading Wednesday (01/04/2012) local time, the Dow Jones closed up 21.04 points, or thin 0.27 percent to as low as 12418.42. The Dow opened this year with 180 points profit, which is the highest level since July.
The broader Standard & Poor’s 500 stagnant 0.24 points, or 0.02 percent to a level of 1277.30 and the Nasdaq fell 0.36 points, or 0.01 percent to a level of 2648.36.
Retail industry shares rose 0.8 percent, the effect of post-Christmas sales after a strong 5.3 percent, better than the previous year. Bed Bath & Beyond Inc. rose 1.8 percent, and store discount clothing seller Ross Stores Inc., up 0.7 percent. › Continue reading
Gold & Silver Gains in Early Year
Thin gold prices bounce back in early 2012. Silver did not want to miss, appearing with a higher selling price significantly.
As reported by Reuters on Tuesday (03/01/2012), precious metals prices rose 0.4 percent to USD1.571, 89 per ounce during the year 2011 after it gained as much as 10 percent. While the U.S. gold price rose 0.4 percent to USD1.573, 7.
On the other hand, current silver prices rose 2.1 percent to USD28, 39 per ounce after earlier fell slightly to $ 28, 21. In 2011, the price of silver was down as much as 10 percent because of gloomy metal commodity prices. › Continue reading
Banking Push The Dow Jones Up 1%
The stock market is the United States (U.S.) this time managed to rally around one percent after earlier weakened to one percent. In fact, the S & P 500 index returned to positive territory in 2011 before the last trading day of this year. This is because there is a positive signal on the U.S. economy.
S & P 500 rose slightly above the average of 200 a day. This indicates the strong momentum in the long run. The index is up 0.4 percent so far this year.
Europe’s debt crisis has become a major concern for U.S. investors in 2011. Where long-term bond auctions Italy is a sign that investors remain concerned about the euro zone. › Continue reading
The euro weaken, SPX index up 1.1%
The euro exchange rate continued to sag
SINGAPORE: The exchange rate of the euro against the Japanese yen fell 0.5% in the middle of a crisis situation in the European region are still uncertain.
17 Country-eyed face of the weakening euro in the week to-4 against the U.S. dollar. Meanwhile, the Australian dollar continued to strengthen since yesterday which gives bright prospects Asian stock performance along with a positive signal the U.S. economy.
“We assessed the weakening euro is something that makes sense,” said Michael Turner, a fixed-income and currency strategist at Royal Bank of Canada in Sydney. › Continue reading