Dow Jones had a pretty good day yesterday, when the composite continued its upward movement after rebounding from the lows reached on Tuesday. But, as it was pointed before, the index will have troubles posting new highs as the US economic growth is not projected to be very strong. Continue reading
Daily Market Analysis 03/09/2012
U.S. stocks extended gains into a second session Thursday as a deadline for private bondholders to exchange Greece-issued debt passed with what looked to be adequate participation, removing an obstacle to Greece’s second bailout. The Dow Jones Industrial Average closed up 70.61 points, or 0.6%, to 12,907.94. It’s still modestly lower for the week. The S&P 500 ended up 13.28 points, or 1%, to 1,365.91. Continue reading
Daily Market Analysis
U.S. stocks recovered some of the prior day’s losses on Wednesday, helped by an upbeat report on jobs growth. On a separate note a report, issued by the Federal Reserve, indicated that we could witness a new bond buys if the economy flags. Clear indications of progress on Greece’s debt swap also helped lift up the markets. Continue reading
Amsterdam Stock Market Slows Down: Trading News Today
On Thursday, reports have stated that the Amsterdam stock markets closed with a very huge profit. A couple of months ago, a decline in profit has been noticed by the market, which resulted to a lot of losses and at the same time, some investors lost as well. Continue reading
The Amsterdam Stock Market Slows Down
European stock markets closed on Thursday at a profit. A decline in interest rates on Italian government bonds and a successful Spanish bond auction resulted in a cheerful mood among investors. The AEX index in Amsterdam closed 2.30 points (0.7 percent) higher at 326.55 points. MidKapindex climbed 5.23 points (1 percent) to 537.26 points. The fairs in Paris, London and Frankfurt rose between 1 and 1.4 percent. Continue reading
Stock Market – Stocks Can Be Deceiving
According to the Bulls, prices in the stock market will not define the current economic status, and these stocks do not reflect a significant gush in profit, but they have been proven wrong. As the fourth quarter (2011) earnings have been pouring in, Wall Street is already taking care of the profit the surged the year 2011. According to the S&P Capital, the profits that they have received are tremendous and overwhelming. Continue reading
European Forex Market Shares Open slightly Lower Thursday
After it loses on the Wall Street and the stock market in Asia, the European Forex shares open on Thursday slightly lower than usual. The Amsterdam stock market exchange opens the new month probably slightly lower. Investors seem to have slowed the pace down while waiting for new impulses. Continue reading
Stock Market Rally – Will it Last?
Recently, many have noticed the sudden increase and decrease in the stock market industry. Many individuals have already seen this as an opportunity, as one of the trades started to close with a doubled value. This made more people happy about what has been happening in the stock market, while many others have also continued to see that this rally will not last any longer. Continue reading
Australian Searching for Support in Forex Trading
Recently, the Australian dollar stars to go down – many Australians have noticed the sudden drop in their currency, and people have started to see the downfalls of the sudden decrease in their economy. Continue reading
USD/JPY 03/02/2012
Today the dollar broke its previous week’s high against the yen at 81.67. But considering that today it’s the end of the week we may see a slight drop due to profit taking. The bulls are definitely in control of the market and it is clearly confirmed by the moving averages. Eager counter-trend traders may try to catch a double-top reversal pattern but it is extremely highly risky. Continue reading