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Sunday, December 8, 2013

Tuesday, August 27, 2013

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Wall Street stocks suffered their worst day since June on Tuesday, slumping in a broad decline as geopolitical uncertainty rose over a possible US-led military strike by the West against Syrian President Bashar al-Assad's forces. Jitters over a possible US-led military strike against the Syrian government knocked Asian equities on Wednesday, with Japan's Nikkei hitting a two-month low, and pushed oil prices and safe-haven gold to multi-month highs. The Indian currency on Tuesday hit an all-time low closing the day at 66.24 against the dollar . Currency traders say that heavy dollar demand from importers and foreign institutional investors (FII) is one of the key reasons behind the rupee's free-fall. .
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Monday, August 26, 2013

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US stocks fell in light volume on Monday after US Secretary of State John Kerry called Syria's use of chemical weapons "undeniable." .
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Sunday, August 25, 2013

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Dow regained 15000 on Friday and indices advanced as a sharp drop in new home sales added to hopes that fed might delay the tapering programme. European markets too advanced on positive economic data.Dollar fell marginally to 81.38 as weak home sales data dented Feds taper views. .
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Sunday, November 25, 2012

Global Market Update

Asian Markets
Asian markets opened mixed on Wednesday, led by retreat in oil prices and Wall Street's ending higher on Tuesday.Japanese market received a lift from machinery orders data.Japan's Nikkei was trading higher propped by mergers-and-acquisition activity while Australian shares were weaker in the morning session in Sydney.
Nikkei Stock Average 225 was up 1.03 pct up 108.27 points to 10,633.46.
Hang Seng Index was up 0.73 pct up 173.92 points to 23,885.62.
KOSPI Index up 0.24% or 4.75 points at 2,001.07.
Shanghai Composite Index was up 0.05 pct up 1.38 points to 3,001.32.


US Markets
U.S. stocks on Tuesday ended higher, led by banks as Bank of America Corp. raised hopes it will increase dividends and share buybacks and oil prices eased amid news OPEC is considering a boost in output.Dow Jones Industrial Average closed up 124.35 points, or 1.03%, to 12214.38.The S&P 500 Index closed up 11.69 points, or 0.89%, to 1321.82.The Nasdaq Composite Index gained 20.14 points, or 0.73%, to 2765.77.The CBOE Volatility Index fell below 20.Bank of America led financials higher and ended up 4.7%,American Express up +3.5%,JPMorgan up 2.68%,Citigroup up 2.7% while McDonald’s Corp. was down 1% after reporting U.S. sales below expectations.

European Markets
European markets ended higher on Tuesday on lower crude prices. FTSE was up 0.02 pct up 0.98 points to 5974.76.DAX was up 0.04 pct up 2.82 points to 7164.75.CAC40 was up 0.64 pct up 25.50 points to 4015.91.Miners shares were down tracking a drop in metals prices

Crude Oil & Gold
Crude prices on Tuesday pulled lower.Crude oil for April delivery was down 0.4% to $105.02 a barrel on the New York Mercantile Exchange. Brent crude for April was down $1.98 to settle at $113.06 a barrel.Gold was down to settle below $1,428 an ounce, as easing crude oil prices on expectations of higher OPEC production.

Monday, March 7, 2011

Global Stock Market

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Global Market Update

Asian Markets
Japan's Nikkei benchmark edged higher on Tuesday,but gains may be limited as uncertainty over the Middle East persists.Techs gained after Hitachi Ltd. sold a disk-drive unit to Calif.-based Western Digital for about $4.3 billion.Australian stocks slipped 0.2 percent in early trade on Tuesday, with worries about high oil prices.
Nikkei Stock Average 225 was up 0.38 pct up 40.42 points to 10,545.44.
Hang Seng Index was up 0.18 pct up 41.99 points to 23,355.18.
KOSPI Index up 0.88% or 17.41 points at 1,997.68.
Shanghai Composite Index was up 0.08 pct up 2.45 points to 2,998.66.


US Markets
U.S. stocks on Monday ended lower, with tech stocks down the most amid high oil prices and continued turmoil in the Middle East.Dow Jones Industrial Average closed down 79.85 points, or 0.66%, to 12090.03.The S&P 500 Index closed down 11.02 points, or 0.83%, to 1310.13.The Nasdaq Composite Index declined 39.04 points, or 1.4%, to 2745.63.The CBOE Volatility Index rose above 20. Intel was down 1.6% after Wells Fargo & Co. cut its view of the semiconductor sector.Starbucks gained after Morgan Stanley upgraded the coffee retailer.

European Markets
European markets also ended the day lower. FTSE was down 0.28 pct down 16.61 points to 5973.78.DAX was down 0.24 pct down 16.97 points to 7161.93.
CAC40 was down 0.74 pct down 29.80 points to 3990.41.

Crude Oil & Gold
Oil prices fell back from a session high of nearly $107 a barrel Monday.Crude-oil prices continued to gain $1.02 to close at $105.44 a barrel on the New York Mercantile Exchange.Gold rose to settle above $1,343 Monday, as crude oil prices sharply pulled back
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