Posts Tagged FTSE
UK Stocks — Factors to watch
Posted by Oksana Grebenjuk in Favourites, Fund Markets on Октябрь 16th, 2009
Britain’s FTSE 100 .FTSE index is seen opening up as much as 0.4 percent, according to financial bookmakers, drawing strength from Wall Street where the Dow Jones industrial average .DJI passed the 10,000 level for the first time in a year on earnings optimism.
The FTSE 100 closed 2 percent higher at 5,256.10 on Wednesday, hitting its
highest closing level in more than a year after upbeat quarterly earnings from JPMorgan Chase (JPM.N) gave a further boost to market sentiment in the wake of Intel’s (INTC.O) forecast-beating results.
Shares in Asia .MIAPJ0000PUS rose to their highest since August last year,
while Japanese stocks jumped 2 percent as investors bought exporters who might benefit from rising U.S. demand.
Later on Thursday results are due from Goldman Sachs (GS.N) and Citigroup
(C.N). No British economic data is expected on Thursday, leaving the focus on U.S. CPI figures for September, due at 1230 GMT.
* Nikkei up 1.5 pct after JPMorgan, U.S. retail data [ID:nT328702]
* Dow passes 10,000 mark on earnings optimism [ID:nN14267035]
* Aussie rise sparks broad dollar fall to 14-mth lows [ID:nT77862]
* Bonds sag, Wall Street rally parares safety bid [ID:nN14260466]
* Asia shares hit 14-mth peak, dollar slumps [ID:nSP409405]
* Copper rises on weak dollar, optimism on recovery [ID:nSHA76130]
* Gold steady above $1,060 on dollar, oil [ID:nT83451]
* Oil rises towards $76 on U.S. inventories, economy [ID:nSIN546046] Read the rest of this entry »
Recession is Starting to Ease
Posted by Oksana Grebenjuk in Favourites, Fund Markets on Апрель 30th, 2009
The Fed confirmed what Wall Street has already concluded: The recession is starting to ease.
Federal Reserve policymakers said at the end of a two-day meeting that while the economy is still receding, the pace of decline «appears to be somewhat slower» than the last time they met in mid-March.
That was confirmation enough for the stock market. Major indexes, which had already been up sharply ahead of the announcement, posted gains of more than 2 percent. The Dow Jones industrial average jumped 169 points to its highest close since Feb. 9.
«It’s all part of a picture of improving confidence,»said Richard E. Cripps, chief market strategist for Stifel Nicolaus.
Stocks began the day higher as investors responded to bright spots within a weaker-than-expected report on the nation’s economic output for the first three months of the year. Read the rest of this entry »
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