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FTSE higher as retail newsflow cheers

The five-session rally on London’s equities market faded on Tuesday, but well-received trading updates from High Street retailers kept overall losses small


Posted by shina on January 6th, 2009 :: Filed under Finance, Market, News
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European stocks lifted by carmakers

Car manufacturers provided a focal point for European equities on Tuesday after news that Porsche had achieved a majority holding in Volkswagen boosted both company’s share prices.


Posted by shina on January 6th, 2009 :: Filed under Finance, Market, News
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US financials and telecoms under pressure

US stocks struggled to cling onto a two-month high at the start of the first full trading week of 2009 after a fresh round of profit warnings and analyst downgrades greeted investors returning from their new year break


Posted by shina on January 6th, 2009 :: Filed under Finance, Market, News
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Veteran McCann quits Merrill Lynch

The head of the Merrill Lynch’s ‘thundering herd’ of 16,000 financial advisers has worked at the group since 1982


Posted by shina on January 6th, 2009 :: Filed under Finance, Market, News
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What’s Priced in: Current Market Expectations for Future Monetary Policy

(CEP News) - Markets are currently pricing in the following probabilities for future interest rate moves as of the close on Monday:


Posted by shina on January 6th, 2009 :: Filed under Finance, Market, News
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European Market Recap: European Bonds Fall, Equities Higher

(CEP News) - The German, ten-year Bund was down 37.0 ticks to 124.28 with yields up 3.8 bps to 3.05%, while the 10-year gilt was down 18.0 ticks to 122.05 with yields up 1.9 bps to 3.17% following the downside surprise in euro zone inflation in December. The euro was down 2.42 cents to 1.3393 USD.


Posted by shina on January 6th, 2009 :: Filed under Finance, Market, News
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What the analysts think

Investment analysts Stephen Roach, Tim Bond, Mohamed El Erian, Ajay Kapur and Jim Paulsen with their views on the year ahead


Posted by shina on January 5th, 2009 :: Filed under Business, Market, News
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New York Fed starts $500bn home loans aid

The Federal Reserve Bank of New York said it had started its $500bn plan to drive down US mortgage rates by buying securities guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae, the government-run mortgage financiers


Posted by shina on January 5th, 2009 :: Filed under Business, Market, News
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Tate hurt by rumours of hedge fund share sale

The London market’s new year bounce continued into a fifth session on Monday, but Tate & Lyle missed the trend amid speculation its second-biggest shareholder might have to sell to meet redemptions


Posted by shina on January 5th, 2009 :: Filed under Business, Market, News
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Swiss rally helps drive Eurofirst

European stocks continued their positive start to the new year on Monday after strong gains on the Swiss exchange helped drive the FTSE Eurofirst 300 index higher


Posted by shina on January 5th, 2009 :: Filed under Business, Market, News
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Treasury invests $15B more in banks

The Treasury Department said Monday it had invested $15 billion in another seven banks, including two companies that recently completed large takeovers of other banks. Treasury invests $15B more in banks


Posted by shina on January 5th, 2009 :: Filed under Business, Finance, Money, News
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Asset managers turn to top corporate bonds

High-grade corporate bonds were the asset class most likely to see a rally in 2009, a survey has found


Posted by shina on January 5th, 2009 :: Filed under Finance, News
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Swiss rally helps drive Eurofirst

European stocks continued their positive start to the new year on Monday after strong gains on the Swiss exchange helped drive the FTSE Eurofirst 300 index higher


Posted by shina on January 5th, 2009 :: Filed under Business, Market, News
Tags :: , , , ,

Swiss rally helps drive Eurofirst

European stocks continued their positive start to the new year on Monday after strong gains on the Swiss exchange helped drive the FTSE Eurofirst 300 index higher


Posted by shina on January 5th, 2009 :: Filed under Business, Market, News
Tags :: , , , ,

What’s Priced in: Current Market Expectations for Future Monetary Policy

(CEP News) - Markets are currently pricing in the following probabilities for future interest rate moves as of the close on Friday:


Posted by shina on January 5th, 2009 :: Filed under Australia, Finance, News
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UK construction industry hits new low

The UK construction industry suffered another month of record decline in December, a survey showed, with all sectors of the industry suffering their worst ever contraction on record


Posted by shina on January 5th, 2009 :: Filed under Business, Economic, Finance, News
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UK construction industry hits new low

The UK construction industry suffered another month of record decline in December, a survey showed, with all sectors of the industry suffering their worst ever contraction on record


Posted by shina on January 5th, 2009 :: Filed under Business, Economic, Finance, News
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Paper bonuses

Rest assured that banks will still offer big incentives to their best and brightest. The trick will be to keep compensation beneath the radar


Posted by shina on January 5th, 2009 :: Filed under Business, Economic, Finance, News
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Money surprise

While state dollars may land in consumers’ pockets through rebates or tax cuts, it is money’s place in the overall system that will be in the spotlight


Posted by shina on January 5th, 2009 :: Filed under Business, Economic, Finance, News
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Australian Dollar at Three-Month High on New Year Optimism

(CEP News) - The Australian dollar has been trading at three-month highs against the U.S. dollar today, as positive market sentiment for 2009 sends Asian stock markets higher.


Posted by shina on January 4th, 2009 :: Filed under Forex, News
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