After the Japanese Prime Minister was sworn in today, the Yen tumbled to an almost two-year low. On the other hand, the Nikkei propelled to its highest point in three quarters. The new Prime Minister is eagerly pursuing stimulus driven steps aimed at improving Japan’s heavily deflated economy. Markets open slowly after the holiday Investors […]
The world stock markets are poised for another lacklustre week owing to the sluggard progress of the negotiations. Unless a favourable deal is stuck anytime soon, it looks like the markets are going to continue their discouraging performance. With nothing present to move the markets, traders are eagerly hoping for the U.S. Federal Reserve to […]
December 4 2012 The world economy is in a better shape after three years of lack lustre performance. The reason behind the sudden improvement could be the fact that the Chinese economy is currently doing well. China is the biggest consumer of all commodities in the world. Also the U.S. discussions show signs that the […]
Signs of optimism have emerged for the debt ridden European economy even as talks over the U.S. fiscal cliff resume post thanksgiving. The U.S. equity markets were performing well last week, and the momentum might get some help from two key stock market deals this week. One would help avoid the U.S. fiscal cliff while […]
Markets were on a topsy–turvy course last week with European markets experiencing a very volatile week and U.S markets rising finally on Friday, post Presidential election. Asian shares and commodities displayed a mixed trend throughout the week. Here’s an overview of the global markets for the past week so that you can be well–informed during […]
The U.S. stock markets ended on a high note last Friday. But investor sentiment is still low as the U.S. fiscal cliff looms and a bailout for Greece seems highly unlikely. Asia Things are a little subdued in the Asian market this week as Japan’s Nikkei opened on a one month low of 0.6% while […]
Last week witnessed many different traders scrambling towards the USD ahead of the U.S. Presidential elections and volatile markets. The USD is viewed as a safe-haven for investments as Gold and Crude Oil fell on Friday to $1,677.95 and $84.83 respectively. The dollar was doing well even with all the chaos emanating from the devastating […]
22 October, 2012 The week ahead is full of activity with all eyes narrowing down on the U.S. Q3 Gross Domestic Profit estimate by the FOMC. Traders all over the world are eagerly awaiting the outcome as the U.S. Federal Reserve is planning its next move in the wake of a weak economy. Interest Rate […]
15 October 2012 The leaders of the European Union are under immense pressure as the time draws closer to the summit later this week. The Euro, which registered gains last week, is all set to quickly go bearish as the gap widens between the long speeches of the EU leaders and the stark reality. The […]
Summary: Oil rose to over $115 a barrel on Friday as Middle East tensions soared. Euro also rose from its recent downfall after Christine Lagarde’s comments at the IMF’s annual meeting in Tokyo. Wall Street on the other hand rose early on the back of a positive unemployment report and later faded down to almost […]