Market Update

Euro Area Confidence Improves; French Deficit Narrows

Arthi Gupta
09 Jan, 2012
New York City

Euro area investor confidence improved in January after weakening for five months in a row. The French trade deficit narrowed and German industrial output dropped in November. Swiss jobless rate increased in December.

German 6-month Yield Turns Negative; BMW Sales Rise

Arthi Gupta
09 Jan, 2012
New York City

The European indexes traded lower after Germany sold

Weekly Gain of 1% in S&P 500 and 2.2% in Nasdaq

Bikram Pandey
06 Jan, 2012
New York City

U.S. stocks traded sideways and banks and home builders were in focus. For the week the S&P 500 index added 1% and the Nasdaq increased 2.2%. European markets generally closed higher in the week and bond yields rose ahead of Italian and Spanish debt auctions. Crude oil traded near $102 a barrel.

UK Home Prices, Auto Registration Decline; LSE Volume Falls

Arthi Gupta
06 Jan, 2012
New York City

The UK indexes gained but home prices and new car registration fell in December. The UK home prices declined 0.9% and new car registrations declined 4.4% in 2011. The LSE Group reported a fall in trading in December.

U.S. Adds 200K New Jobs, Unemployment Falls to 8.5%

Arthi Gupta
06 Jan, 2012
New York City

The U.S. indexes edged higher after the economy added 200,000 net new jobs and the unemployment rate declined to 8.5% in December. Japan-based Marubeni acquired 35% stake in Eagle Ford Shale. The euro faced more headwinds as Spanish and Italian bonds yields rise.

Nikkei in Tokyo Falls 1.2%; Japan Bridge Soars 19%

Nigel Thomas
06 Jan, 2012
New York City

Stocks in Tokyo trading declined as volume rebounded ahead of three-day weekend. The Nikkei declined 1.2% and the Topix index fell 0.9%. For the week, the Nikkei fell 0.9% and Topic gained a fraction. Panasonic plans to sell its stake in JVC Kenwood. Japan Bridge soared 19%.

Spain Estimates

Arthi Gupta
06 Jan, 2012
New York City

European indexes climbed the wall of worries after Spain estimated

Australian Markets Edge Lower; Suncorp Estimates Higher Loss

Marcus Jacob
06 Jan, 2012
New York City

Australian stocks edged lower after material prices declined on the rising worries in the euro zone after yields rose in the latest French debt auction. Suncorp declined after it reported higher than estimated natural disaster cost in the six month period to December.

Wall Street in Feeble Advance on Economic Optimism

Bikram Pandey
05 Jan, 2012
New York City

Stocks in New York traded sideways after the release of mixed jobs data but the euro zone worries weighed on the market sentiment. Retailers were in focus after December same store sales were weaker than expected. Monsanto, MetroPCS and Barnes & Noble led the decliners.

Persistent Higher Yen Worries Tokyo Investors; Nikkei Down 0.8%

Nigel Thomas
05 Jan, 2012
New York City

Stocks in Tokyo trading declined on the fresh worries related to the euro zone and the growing consensus that the yen may remain strong against the euro and dollar in 2012. Steelmakers declined and TonenGeneral extended losses for the second day.

UK Service Sector Accelerates, Gross Reserves Fall

Arthi Gupta
05 Jan, 2012
New York City

The UK indexes declined after lower than expected demand for the French debt auction held today. The UK government said gross reserves fell, service sector growth accelerated and Ireland reported unemployment rate decreased in December.

U.S. Stocks Look Down on Euro Worries; Mixed Jobs Picture

Arthi Gupta
05 Jan, 2012
New York City

The U.S. indexes futures dropped on the ongoing euro area debt worries with no end in sight. Employment in the U.S. private sector expanded in December and weekly jobless claims fell to 372,000, Consumer price inflation in the OECD area eased in November.

Australian Stocks Edged Lower, Service Sector Contracts

Marcus Jacob
05 Jan, 2012
New York City

Australian stocks declined in thin trading after rallying for the first two days after German debt auction attracted fewer than expected bids and ahead of French debt auction later today. Resources linked stocks were on the defensive. Service sector contracted in December.

Euro Area Orders Rise; German Retail Sales Drop

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.

European Markets Lower; France Sells

Arthi Gupta
05 Jan, 2012
New York City

European markets edged lower and France raised