Moody’s
Some Bounceback Wednesday but Investors Remain on Edge
March 16, 2011
The Nikkei recovered 5.7% after slumping some 20% in the wake of Friday’s earthquake. Stocks also climbed 1.8% in South Korea, 1.1% in India, 1.4% in China, 0.9% in Singapore and 0.7% in Australia. However, the German Dax and Hong Kong market edged just 0.1% higher, and stocks in France and Britain have lost a […] More
Investors Unnerved by Middle East Unrest and Spiking Oil Prices
February 22, 2011
Stocks are sharply lower. The dollar, Swiss franc and yen are higher. Bond yields fell. In the Middle East, tensions continue to escalate in Libya where strongman Quaddafi seems to be losing the support of his military. Two Iranian naval ships went through the Suez Canal. The Security Council meets today to discuss recent Middle […] More
New Jitters About Euroland Peripherals
December 15, 2010
The dollar was buoyed as Moody’s flagged a risk that Spain’s Aa1 sovereign debt rating might get downgraded. Greece was hit by more worker strikes today, disrupting transportation in that economy. The U.S. currency rose 0.7% against sterling and the Australian dollar, 0.4% versus the euro and kiwi, 0.3% relative to the Swiss franc and […] More
Equities Firmer, Euro Softer
September 27, 2010
In the Pacific Rim, the strength of equities seen in North America on Friday was extended as investors take on more risk. Stocks rose 1.7% in China, 2.1% in Indonesia, 1.1% in Thailand, 1.4% in Japan, 1.6% in Australia, 0.9% in New Zealand, 0.8% in South Korea and 0.7% in Singapore. European trading shows greater […] More
Stocks Slump in China But Rising in Europe
July 13, 2010
China’s stock market fell 1.6% after government indications that property market curbs will be retained. Signs such have been effective already include a 0.1% dip in property prices last month and a smaller 608 billion yuan rise in bank loans. Elsewhere in the Pacific Rim, equities declined 0.7% in Australia, 0.6% in Taiwan, 0.3% in […] More
Stocks Suffer Further as Third Quarter Begins
July 1, 2010
The Nikkei lost another 2.0% to 9192. Japanese stocks have plunged 10.2% since June 21 and 18.5% since April 15, roughly reversing half the prior recovery from the low in early March 2009. Elsewhere in the Pacific Rim, stocks fell overnight by 1.4% in Indonesia and China where a disappointed PMI reading was announced, 1.5% […] More
