With another disappointing European figure in luggage investors Friday sends the euro down in value against both the dollar and the yen. Meanwhile the Swedish krona loses terrain after unexpectedly weak figures from the industry.
Friday, November 9, 2012
Stocks: Fiscal cliff also draws Europe down
The mood could be better on the stock exchanges in Europe in Friday's trading, where investors have pushed optimism to the side. Instead, the focus is on the major challenges that policymakers are struggling with on both sides of the Atlantic.
In Europe the debt crisis continue to pull down, while Americans' concerns is whether Democrats and Republicans can agree in due time before the fiscal tightening with the entrance to 2013.
In Europe the debt crisis continue to pull down, while Americans' concerns is whether Democrats and Republicans can agree in due time before the fiscal tightening with the entrance to 2013.
Labels:
Credit Agricole,
DAX,
Deutsche Bank,
financial sector,
fiscal cliff,
Fitch,
stock market,
U.S. economy
Tuesday, October 30, 2012
Bonds: Calm winds on interest-front
There was relatively quiet on the bond markets in Europe Tuesday, where a lack of news and remain closed trading in the U.S. meant very little fluctuation in interest rates.
Spain's economic growth lagged not quite as much as economists feared in the third quarter. Growth in gross domestic product, GDP, was Tuesday morning amounted to minus 1.6 percent in the third quarter compared with the same period last year. Economists had expected a decline of 1.7 percent, which was in line with data earlier this month from the Bank of Spain.
Spain's economic growth lagged not quite as much as economists feared in the third quarter. Growth in gross domestic product, GDP, was Tuesday morning amounted to minus 1.6 percent in the third quarter compared with the same period last year. Economists had expected a decline of 1.7 percent, which was in line with data earlier this month from the Bank of Spain.
Labels:
bond market,
bonds,
euro zone,
GDP,
government bonds,
interest rates,
Italy,
Spain
Saturday, October 27, 2012
Stocks: Sprint secured pluses in New York
It went up and down on the U.S. stock market on Friday. Investors are keeping a close eye on the economic data that alternately disappoints and shows good performance.
Dow Jones index ended the day with a minimal increase of 0.03 percent to index 13,107. S&P 500 ended the day with a small loss of 0.07 percent to Index 1411, while the Nasdaq rose by 0.06 percent to index 2987.
Dow Jones index ended the day with a minimal increase of 0.03 percent to index 13,107. S&P 500 ended the day with a small loss of 0.07 percent to Index 1411, while the Nasdaq rose by 0.06 percent to index 2987.
Labels:
consumer confidence,
Dow Jones,
GDP,
Nasdaq,
S-P 500,
stock index,
stock market
Friday, October 19, 2012
Bonds: Spanish messages turned the picture
Bond dealers were almost gone for the weekend before Friday's trade. In any case, there were close to absolute rest on a trading day, which was marked by cautious buying almost across the board.
This resulted in a slight decline in interest rates in both South and North Europe most of the day, but new reports that Spain has not intend to seek official help for its pressed banking sector reversed the picture in Spain and Italy, which ended with small increases in interest rates.
This resulted in a slight decline in interest rates in both South and North Europe most of the day, but new reports that Spain has not intend to seek official help for its pressed banking sector reversed the picture in Spain and Italy, which ended with small increases in interest rates.
Labels:
bond market,
bond yield,
bonds,
government bonds,
housing market,
interest rates,
Italy,
Spain
Wednesday, October 17, 2012
Europe: Kept momentum in Spanish redemption
The European market Wednesday insisted its upward momentum after a long-awaited report from Moody's on Spain did not contain the expected downgrade of its credit rating. At the same time a string of positive news for several large European companies sent mood firmly upwards.
Labels:
Banco Populare,
bond yield,
CAC,
cyclical stocks,
DAX,
FTSE 100,
government bonds,
IBEX,
Moody's,
Spain,
Stoxx 600
Wednesday, October 10, 2012
Beige Book: Modest growth in the U.S. economy
With improved figures for the housing market and car sales and not least the labor market it is a U.S. economy that is showing 'modest growth'.
That is according to the trend report Beige Book, published Wednesday evening. It presents 12 districts - regional branches of the Federal Reserve - their assessment of how the economy in their field are doing, collected by the central bank, Fed.
That is according to the trend report Beige Book, published Wednesday evening. It presents 12 districts - regional branches of the Federal Reserve - their assessment of how the economy in their field are doing, collected by the central bank, Fed.
Labels:
Beige Book,
Ben Bernanke,
Federal Reserve Bank,
industry sectors,
labor market,
U.S. economy,
unemployment
Tuesday, October 9, 2012
Europe: Fall dominated
European stocks closed in red on Tuesday. Measured on the Stoxx 600-index, there was a decrease of 0.5 percent to 270.20. 441 of the index 600 shares fell. The three largest stock markets in Europe closed lower. In Britain, there was a decrease of 0.5 percent and in Germany of 0.8 percent, while shares in France fell by 0.7 percent.
Labels:
ESM,
euro zone,
financial sector,
stock market,
Stoxx 600
Monday, October 8, 2012
Euro rescue fund with 500 billion euro is ready
Two years after the euro countries started to design a new, permanent rescue fund for their ailing economies, the fund - called ESM – is now a reality.
Economy and finance ministers from the 17 euro countries are Monday meeting in Luxembourg to founding the board of the fund, which should eventually be able to support problem countries with up to 500 billion euro.
Economy and finance ministers from the 17 euro countries are Monday meeting in Luxembourg to founding the board of the fund, which should eventually be able to support problem countries with up to 500 billion euro.
Friday, October 5, 2012
Bonds: Interest rate increase after job report
Bond yields in Northern Europe was Friday sent up by surprisingly good U.S. job figures, which were as expected in September but contained upward revisions of the previous two months' figures. It sent investors to back the tables to turn up the knob that controls the "risk-on". This gave rise in stock markets, rising interest rates in the safe countries and declining yields in riskier countries from southern Europe.
Labels:
bond market,
bond yield,
bonds,
interest rates,
job report,
labor market,
unemployment,
unemployment rate
Thursday, October 4, 2012
Currency: Euro strengthened on ECB comments
The European Central Bank on Thursday kept the benchmark interest rate on the main refinancing operations at 0.75 percent. This was not a surprise from the ECB as the only few individual analysts and economists had expected a reduction in European interest rates.
Wednesday, October 3, 2012
Bonds: Interest rates fall in the north and increases in south
Wednesday was a very quiet day in the bond markets in Europe, where the result of investors' side stepping was a small decline in interest rates in northern Europe and similar small increases in Southern Europe.
It was still the macroeconomic events that had control of the financial markets with Spain, China and the U.S. in the lead roles.
It was still the macroeconomic events that had control of the financial markets with Spain, China and the U.S. in the lead roles.
Labels:
ADP-job report,
bond market,
bonds,
government bonds,
interest rates,
ISM index,
job report,
PMI index,
service sector
U.S.: ISM services index surprisingly rose in September
The U.S. ISM index of activity in the service sector, ISM non-manufacturing, rose to index 55.1 in September from 53.7 the previous month.
Tuesday, October 2, 2012
Currency: Small adjustments but fall in Australian dollar
Tuesday and it’s again slow with movements in international currency markets. Investors follow the familiar pattern of strengthening of the euro as the risk desire increased, while the dollar and the yen weakened. There are, however, relatively small shifts, although there is no doubt about the trend.
Labels:
Australia,
australian dollar,
currency,
currency markets,
dollar,
euro,
interest rates,
yen
Monday, October 1, 2012
Europe: Steady increases kicks off the last quarter
The European stock markets opened the fourth quarter with decent gains after the release of the results of the Spanish bank test, which showed a capital needs in the context of what was devoted to the Spanish banking sector in the EU rescue fund EFSF. Moreover, U.S. data helped lift the mood as the ISM index for U.S. manufacturing showed a somewhat larger increase than expected.
Labels:
Banco Populare,
Barclays,
CAC,
Credit Agricole,
EFSF,
FTSE 100,
HSBC,
ISM index,
Stock Exchange,
stock market
Thursday, September 27, 2012
Currency: Peace and safety in the currency markets
Stagnation is the best word to describe the international currency markets Thursday. Investors enjoy themselves in their shelter from the news from both debt crisis as well as the macroeconomic front. But it is only a matter of time, according to analysts.
Labels:
budget cuts,
currency,
currency markets,
dollar,
euro,
Greece,
Spain,
yen
Wednesday, September 26, 2012
Bonds: The Spanish problems pours in
The yield spread between South and North Europe widened considerably Wednesday, when there were major decline in interest rates in Northern Europe and significant increases in Southern Europe and especially Spain.
Labels:
bailout,
bond market,
bond yield,
bonds,
ESM,
EU,
euro zone,
GDP,
interest rates,
Spain
Tuesday, September 25, 2012
Europe: Mining industry under pressure despite positive market
It was much of the day relatively quiet on the European stock markets Tuesday. But as investors got new economic data from the United States in the form of particular consumer confidence a trickling market turned - if not flashy – to a plus. Consumer confidence surprised positively with an increase of 70.3 against the expected 63.1 got liquidity back in the market.
Monday, September 24, 2012
Europe: Investors pulled back
European investors pulled back from the stock market Monday after a weekend, which showed that Germany and France still does not quite agree to how the crisis should be handled. While France wants as quickly as possible a launch of a joint bank union, German Chancellor Angela Merkel does not want to set a time for it.
Labels:
Air France-KLM,
Angela Merkel,
business confidence,
cyclical stocks,
euro zone,
France,
Gemany,
Ifo,
stock market
Saturday, September 22, 2012
Commodities: Gold still rides on the wave from the debt crisis
The price of gold rose Friday morning after analysts at Bank of America and Deutsche Bank made their estimates for prices in the coming year. This happens after the Federal Reserve announced a third round of quantitative easing and the Bank of Japan a few days ago announced that the bank would raise fund for bond purchases.
Labels:
Brent oil,
commodities,
commodity markets,
gold,
gold price,
oil,
oil inventories,
oil price,
quantitative easing,
WTI crude oil
Thursday, September 20, 2012
Bonds: Europe in small side steps
European bond yields Thursday painted a picture of a somewhat indecisive market after a number of key areas such as European consumer confidence and U.S. business outlook index from Philadelphia Fed more or less equalized Wednesday’s fluctuations.
Labels:
bond market,
bond yield,
bonds,
consumer confidence,
ESM,
France,
Gemany,
government bonds,
Greece,
interest rates,
Italy,
Philadelphia Fed Index,
Spain
Wednesday, September 19, 2012
Currency: yen and yuan in trampolining
At Wednesday's currency market it was especially Asian currencies, which attracted attention. Both the Chinese yuan and the Japanese yen gave it as a spring gymnasts against the dollar and the two currencies internal balance of power could clearly be read in the Japanese central bank support programs.
Labels:
Bank of Japan,
China,
currency,
currency markets,
dollar,
HSBC,
interest rates,
Japan,
PMI index,
yen,
yuan
Tuesday, September 18, 2012
Bonds: Falling interest rates in both the north and south
A fall in the European stock markets Tuesday had investors seeking back in the safe haven in the bond market.
Labels:
bond market,
bond yield,
bonds,
Gemany,
interest rates,
Italy,
Mario Draghi,
Spain,
ZEW
Monday, September 17, 2012
Stocks: Profit taking in New York
The U.S. investors followed the trend in Europe and took some of their winnings home after days of sharp rises. The leading index seeped through the day and was in the red by market close.
Labels:
Alcoa,
Bank of America,
China,
commodities,
Dow Jones,
financial sector,
JPMorgan Chase,
Morgan Stanley,
Nasdaq,
S-P 500
Gold heading towards $ 2000 per ounce
The price of gold may be headed for a new record within six months. So believes the Canadian investment bank TD Securities, who sees the price reach $ 2000 per ounce as the new quantitative easing in the U.S. may increase inflation.
Friday, September 14, 2012
Stocks: Europe high in the air - Wall Street loses steam
It was a really good day on the European stock markets, and the investors can largely thank the U.S. central bank chairman Ben Bernanke for that. In the U.S. the stock market flew out of the starting blocks from the morning in New York, but the air is four hours later gone a little out of the balloon.
Labels:
Ben Bernanke,
DAX,
Dow Jones,
Federal Reserve Bank,
FTSE 100,
Nasdaq,
S-P 500,
stock market,
Stoxx 600,
U.S. economy,
Wall Street
Thursday, September 13, 2012
Investors welcome the Fed's checkbook
The U.S. investors after some indecision decided that the new round of central bank bond purchases provides better prospects for companies.
Bond purchase of 40 billion dollar a month
The Fed, sets in motion a large-scale purchases of mortgage bonds and ratchets up the printing press. Moreover Operation Twist continues.
Wednesday, September 12, 2012
Bonds: Interest rate increases after German yes
Wednesday's developments in the bond market showed increasing interest in the strong northern European economies.
Labels:
bond market,
bonds,
Federal Reserve Bank,
government bonds,
interest rates,
quantitative easing
Europe: German court voting in favor of participation in the ESM
The German Constitutional Court has approved its participation in the European Stability Mechanism, ESM.
Tuesday, September 11, 2012
Currency: Quiet market opens up new opportunities
The players in the international currency markets is again Tuesday extremely reluctant to take new positions on the books. But the quiet markets is not so bad that it's not good for something.
Labels:
currency,
currency hedging,
currency markets,
ESM,
euro,
Federal Reserve Bank,
monetary policy,
quantitative easing
Monday, September 10, 2012
Europe: Marginal fluctuations without actual trend
The European stock markets closed Monday with marginal losses. Investors were unsure of the direction of the market should, and risk appetite was again up for debate.
The weekend's weak economic data from China and Japan suggest a slowdown in global growth, and new initiatives from the Chinese authorities can become a reality, just as the Federal Reserve, monetary policy meeting Thursday may result in additional quantitative easing to increase growth and specifically employment.
The weekend's weak economic data from China and Japan suggest a slowdown in global growth, and new initiatives from the Chinese authorities can become a reality, just as the Federal Reserve, monetary policy meeting Thursday may result in additional quantitative easing to increase growth and specifically employment.
Sunday, September 9, 2012
Weak U.S. economy may force Bernanke to take action
A majority of analysts expect the Fed at its meeting Thursday will announce support acquisitions to boost the U.S. economy.
The continued weakness in the U.S. data is likely to force the Federal Reserve to initiate another round of bond purchases with the aim of forcing borrowing costs down and boost the U.S. economy.
The continued weakness in the U.S. data is likely to force the Federal Reserve to initiate another round of bond purchases with the aim of forcing borrowing costs down and boost the U.S. economy.
Labels:
Ben Bernanke,
bonds,
Federal Reserve Bank,
labor market,
Mitt Romney,
U.S. economy
Friday, September 7, 2012
Keep your trading (or transaction) costs down
The cheapest online brokers' charge 0.05 percent in commercial brokerage, and most major banks, three times more. So if you do not use the bank's consulting, you should go for the cheapest prices.
In stock trading one often tends to only focus on whether a stock can be sold at a price higher than it is purchased for.
In stock trading one often tends to only focus on whether a stock can be sold at a price higher than it is purchased for.
Currency: Euro pushed up by poor job report
The past week has been in the common European currency's favor, and Friday the enthusiasm for the euro had no end.
For not only did the European Central Bank Thursday put heavy lines in the currency as one of the three major global currency units. The central bank also launched a European version of the American "operation twist" with the purchase of short-term bonds from the debt-ridden southern European countries.
For not only did the European Central Bank Thursday put heavy lines in the currency as one of the three major global currency units. The central bank also launched a European version of the American "operation twist" with the purchase of short-term bonds from the debt-ridden southern European countries.
Labels:
bonds,
currency,
currency markets,
dollar,
ECB,
euro,
Federal Reserve Bank,
job report,
labor market,
quantitative easing,
U.S. economy,
yen
Shares and interest rates fall after disappointing job report
The disappointing U.S. employment report draws negative track the financial markets, where both equities and interest rates fall.
The German DAX stock index fell by 0.4 percent, as the job report was announced. After a few minutes the DAX index recovered again.
The German DAX stock index fell by 0.4 percent, as the job report was announced. After a few minutes the DAX index recovered again.
Labels:
DAX,
Dow Jones,
interest rates,
job report,
stock market,
U.S. economy,
unemployment
Thursday, September 6, 2012
Europe: ECB opened the floodgates
There was distinct relief in European markets after the ECB's presentation of a rescue plan for the euro and the debt-ridden southern European countries. After days of anxious waiting markets could relate to something real, and the investors were not disappointed. Quite the contrary. The wait was finally over, and it created intense activity and sharply rising prices.
Labels:
CAC,
DAX,
Deutsche Bank,
ECB,
FTSE 100,
government bonds,
Mario Draghi,
Nokia,
Stoxx 600
Wednesday, September 5, 2012
Europe: Cautious dance before the ECB meeting
With the exception of London's FTSE 100 index, which fell 0.3 percent, there were generally small increases on the European stock markets on Wednesday.
The general European Stoxx 600 index rose by 0.1 per cent. to 265.56 after taking small jumps up during the day. Among the index stocks, the British soft drinks manufacturer Britvic rose to the top with an increase of 12.6 percent to 369.9 pence. The increase began early in the day, when Bloomberg News reported that there is talk of a merger with soft drink competitor AG Barr, which among other things produces the popular Orangina-soft drink.
The general European Stoxx 600 index rose by 0.1 per cent. to 265.56 after taking small jumps up during the day. Among the index stocks, the British soft drinks manufacturer Britvic rose to the top with an increase of 12.6 percent to 369.9 pence. The increase began early in the day, when Bloomberg News reported that there is talk of a merger with soft drink competitor AG Barr, which among other things produces the popular Orangina-soft drink.
Labels:
BP,
CAC,
ECB,
FTSE 100,
Mario Draghi,
National Bank of Greece,
Nokia,
Stoxx 600
Tuesday, September 4, 2012
Currency: Speculation on the ECB's intentions strengthens euro
Euro strengthened against the dollar and the yen on Tuesday morning on speculation that the ECB's president, Mario Draghi, will give the debt-ridden euro countries a helping hand by buying their bonds in the market.
According to Jean-Paul Gauze, who sits in the European Parliament for France, Mario Draghi said to the European parliament that he was open to the possibility of buying government bonds years in the market with a maturity of up to three.
According to Jean-Paul Gauze, who sits in the European Parliament for France, Mario Draghi said to the European parliament that he was open to the possibility of buying government bonds years in the market with a maturity of up to three.
Labels:
Angela Merkel,
dollar,
ECB,
EU,
euro,
Francois Hollande,
government bonds,
Herman van Rompuy,
Mario Draghi,
Mario Monti,
Moody's,
yen
Moody's: EU credit in the balance
The credit rating of the EU is in danger of being lowered.
The rating agency Moody's said that it has changed its outlook for the current assessment of the EU in a negative direction. It is usually a warning that creditworthiness will soon be downgraded.
The rating agency Moody's said that it has changed its outlook for the current assessment of the EU in a negative direction. It is usually a warning that creditworthiness will soon be downgraded.
Labels:
credit rating,
ECB,
EU,
euro zone,
financial crisis,
government bonds,
Mario Draghi,
monetary policy,
Moody's
Monday, September 3, 2012
Commodities: Large price increases after Bernanke speech
Oil prices rose over the weekend on top of Jackson Hole Symposium and Ben Bernanke's speech, which did not offer clear signs of new quantitative easing, although unemployment in the U.S. economy worries head of the U.S. Federal Reserve. Meanwhile, the U.S. oil production is these days resumed after Hurricane Isaac, and is Monday morning up to 28 percent of normal capacity.
Labels:
Ben Bernanke,
commodities,
commodity markets,
copper,
Federal Reserve Bank,
FOMC,
gold,
gold price,
oil,
PMI index,
quantitative easing,
U.S. economy,
unemployment
Currency: Utter silence ahead of the ECB meeting Thursday
If there was quiet in the international currency markets late last week, there is deafening silence Monday. The market responded only briefly to chairman of the Federal Reserve Ben Bernanke's speech on the financial summit in Jackson Hole on Friday night.
Labels:
Ben Bernanke,
currency,
currency markets,
dollar,
ECB,
euro,
Federal Reserve Bank,
Mario Draghi,
yen
Saturday, September 1, 2012
Beware of “cheap” stocks
We are all looking for cheap stocks. Because if they are cheap, they will soon rise. So say our logic. But when is a stock cheap? Here are a review of the most common tripwires when speaking generally about cheap stocks.
The best that could be desired as a private investor is to buy a cheap stock. To buy cheap and sell expensive is what we all dream about. But just wanting to buy a cheap stock unfortunately opens for a whole series of errors that may come to cost much money.
The best that could be desired as a private investor is to buy a cheap stock. To buy cheap and sell expensive is what we all dream about. But just wanting to buy a cheap stock unfortunately opens for a whole series of errors that may come to cost much money.
Labels:
book value,
P/B-ratio,
stock price,
stock split,
undervalued stocks
Saturday, August 25, 2012
What determines the price of a stock?
This article explains what controls the price movement of a stock. There are three driving forces: economic growth, industry trends and the company's management. More than half of the share price is determined by external factors, which management has no control of.
When you invest in stocks, it is important to do some analyzing to find the attractive stocks. And let it be said at once: It is not an easy task.
When you invest in stocks, it is important to do some analyzing to find the attractive stocks. And let it be said at once: It is not an easy task.
Saturday, August 4, 2012
7 investment tips in times of financial crisis
No two crises are the same. Therefore, it is limited what you can learn from individual crises, but you can learn something of how you feel and react in individual economic and financial crises as an investor. Often we make the wrong decisions in crisis situations. Here are seven tips, which should lead you around the bumpiest situations.
Labels:
bonds,
diversify,
financial crisis,
funds,
investment strategy,
mutual funds,
risk,
stock market
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