Asian market take a breather in overnight trading with Japan down 0.3%, Hong Kong down 0.9%, China down 1% and India down 0.5% European markets flat as UK economic data comes in much weaker then expected resulting in a sell-off in the British Stirling vs US dollar. US Futures indicate a lower opening in the […]
Asian Markets Take Breather, Europe Flat and US Opening Lower Read More »
US stock markets continued to move higher with S&P 500 recording a seven day winning streak and Dow Jones grinding to a new all-time high. S&P 500 up 0.37%, Nasdaq up 0.26% and Canadian TSX up 0.17% as gold and petroleum prices remained flat on the day. Big mover, winner of the day were Blackberry
Blackberry Shares Jump 14%, Markets Continue to Move Higher $BBRY Negative Rating Read More »
Asian stock markets closed lower (except Japan) as we begin a new week with disappointing economic data from China. Chinese industrial production growth slowed slightly from 9.9% from 10.3% in December but inflation jumped to 3.2% year over year in February compared to just 2% previously. Hong Kong was flat, China down 0.3%, India flat
Chinese Economic Data Damper Asian Markets, Europe Flat to Down Read More »
Chart of the day: S&P 500 Index (SPY) as above. Wishing all of our SiAlpha users wonderful weekend.
US Markets Crawl Back to Close at a New High Despite an Early Day Sell-off $SPY Read More »
European markets closed up on the strong US non-farm payroll numbers with London up 0.6%, Paris +0.7%, Frankfurt +0.8%. However the market momentum will be tested on Monday as Fitch ratings agency (as anticipated) downgraded Italian sovereign debt. In Asia, Japan’s strong Q4 GDP powered the Nikkei up 2.6% with Hong Kong up 1.4%, China
Fitch Downgrades #Italy, European and Asian Markets Keep Rallying Read More »
