- Arthi Gupta
- 05 Jan, 2012
- New York City
The producer price index for the euro area and Italian jobless rate rose but retail sales in Germany fell in November. The consumer confidence index for France remained unchanged in December.
- Arthi Gupta
- 05 Jan, 2012
- New York City
European markets edged lower and France raised
- Bikram Pandey
- 04 Jan, 2012
- New York City
U.S. stocks traded sideways and gold rose to a 2-week high and oil gained to a high last seen in May as war of words escalated between the U.S. and Iran. U.S. auto sales increased 10% in 2011 on strong December sales.
- Arthi Gupta
- 04 Jan, 2012
- New York City
The UK indexes traded sideways. The UK M4 money supply fell and mortgage approvals rose to a 23-month high in November but construction activity improved in December. Domino''s Pizza UK & IRL surged 6% but Next slumped 4%.
- Arthi Gupta
- 04 Jan, 2012
- New York City
The U.S. indexes futures edged lower ahead of the factory goods order data and U.S. mortgage applications declined. Chesapeake said it is on target to achieve its long-term debt net of cash to be about $9.5 billion as of year-end 2012.
- Nigel Thomas
- 04 Jan, 2012
- New York City
Stocks in Tokyo opened higher on the first day of trading after a long weekend. The Nikkei 225 index increased 1.2% after falling 17.3% in 2011. ExxonMobil plans to sell its stake in the refiner TonenGeneral.
- Arthi Gupta
- 04 Jan, 2012
- New York City
European markets declined after UniCredit proposed an offering to raise
- Marcus Jacob
- 04 Jan, 2012
- New York City
Australian stocks gained 2% and extended advance for the second day in a row as commodities prices increased and world economic data pointed to higher manufacturing activities. Oil rallied in Europe and in New York on the rising tensions in the Middle East. Gold jumped 2%.
- Bikram Pandey
- 03 Jan, 2012
- New York City
U.S. stocks soared on the first day of trading after manufacturing expanded and construction spending increased. The trading sentiment was also bolstered after manufacturing in China and Australian showed an increase. Gold soared on rising tensions in the Middle East.
- Nigel Thomas
- 03 Jan, 2012
- New York City
Asian markets traded higher after China reported better than expected manufacturing data. Market indexes gains were in a check after crude oil increased 3%. Markets in Japan, mainland China, Japan and Thailand were closed.
- Arthi Gupta
- 03 Jan, 2012
- New York City
The UK indexes climbed after manufacturing rose unexpectedly but business confidence fell to a 3-year low in December. Chile-based Codelco exercised its option to buy 49% stake in Anglo American Sur for $6 billion.
- Arthi Gupta
- 03 Jan, 2012
- New York City
The U.S. indexes gained more than 2% after manufacturing expanded in November and construction spending rose. Venezuela proposed to pay Exxon $255 million in compensation for assets nationalised in 2007. France-based Total acquired assets in the Utica shale region from Chesapeake for $2.32 billion.
- Marcus Jacob
- 03 Jan, 2012
- New York City
Australian stocks opened higher on the back of rising commodities prices and firm Asian markets. Australian retail sales are expected to rise 2.4% in the three weeks to mid-January.
- Arthi Gupta
- 03 Jan, 2012
- New York City
European markets traded volatile as crude oil surged nearly 3% and investors feel the pressure ahead of sovereign bond sale from Spain and Italy next week. German jobless rate dropped in November but Spanish unemployment rose in December.
- Bikram Pandey
- 30 Dec, 2011
- New York City
The U.S. indexes struggled to hold slim gains in 2011 and the S&P 500 closed flat and the Nasdaq fell 1.9%. The Dow, considered too narrow for most investors, gained 5.5%. Emerging markets led the global decline with India down 25%, Brazil and Russia dropping 18% and China falling 22%.