Greek rescue hopes help bourses regain their poise
Tue, 09 Feb 2010 14:19:33 GMT
Global Markets Overview: Euro rises on news as it emerges that Jean-Claude Trichet, ECB president, is returning from a banking summit to attend Thursday’s meeting of European leaders
Oil leads recovery in commodity markets
Tue, 09 Feb 2010 13:25:20 GMT
Crude oil rose by more than $1 a barrel, leading a broad recovery across commodity markets with base metals moving higher while gold also rose
Investors tune in to media sector news flow
Tue, 09 Feb 2010 12:36:28 GMT
Media stocks were attracting interest after BSkyB moved fast to dispose of its stake in ITV and Google was expected to beef up its social networking offering to counter Facebook
Greek rescue speculation helps euro bounce back
Tue, 09 Feb 2010 11:46:59 GMT
The euro pulled away from an eight-month low against the dollar on Tuesday as speculation of an imminent bail-out for Greece squeezed short positions against the single currency
Miners keep London shares positive
Tue, 09 Feb 2010 09:45:09 GMT
London equities rose on Tuesday, as strength in the mining industry helped counteract the impact on the financial sector of worries about sovereign debt risk in the eurozone
Eurozone debt woes undermine Nikkei
Tue, 09 Feb 2010 07:37:50 GMT
The Tokyo index closes at a two-month low, with heightened concerns about the fiscal stability of Greece, Portugal and Spain continuing to eat away at investor confidence
Call for Beijing to tolerate some inflation
Tue, 09 Feb 2010 05:38:34 GMT
As China’s labour market tightens, wage-driven inflation should play a crucial role in helping the country rebalance its lopsided economy, says Arthur Kroeber
Wall Street sinks on sovereign debt fears
Mon, 08 Feb 2010 22:20:05 GMT
US stocks closed at the lowest level since November last year after lingering concerns over sovereign debt in the eurozone overshadowed encouraging corporate results
Shorting rule raises market volatility
Mon, 08 Feb 2010 19:52:58 GMT
Short-selling disclosure rules found to ‘have materially negative impacts on market liquidity, bid-ask spreads, price discovery and intraday volatility’
Chinese IPO sentiment worsens
Mon, 08 Feb 2010 19:10:47 GMT
Market participants are now scaling back their expectations for Hong Kong and mainland China’s IPO market in 2010, predicting a year of volatility