Japan follows U.S. equity rally 2013:
The U.S. stock market isn’t the only one on a tear. After Malaysian stocks hit new highs yesterday, Japan’s Nikkei crossed 14,000 for the first time since June 2008. Markets are receptive to easing worldwide with stocks hitting new highs across major indexes mostly relative to before the fi [...]
Posts in category Asia
Nikkei Hits 14,000 Closing In On 5-Ye...
Japan follows U.S. equity rally 2013:
The U.S. stock market isn’t the only one on a tear. After Malaysian stocks hit new highs yesterday, Japan’s Nikkei crossed 14,000 for the first time since June 2008. Markets are receptive to easing worldwide with stocks hitting new highs across major indexes mostly relative to before the fi [...]
August 2012 Rally May Continue As Chi...
August 2012 Rally May Continue As China’s Industrial Production Slows:
Stocks jumped in the last half hour of the trading session today as investors gave up short positions before the weekend. U.S. equities have been rangebound as we predicted but gained momentum after another lackluster volume trading day with low volatility. The VX [...]
JP Morgan’s 2nd Quarter Earning...
JP Morgan’s 2nd Quarter Earnings 2012 Upside Surprises, China GDP 7.6 Percent:
JP Morgan helped the financial sector rally today as the company came in with greater than expected second quarter profits. Aside from the London Whale’s erroneous somewhat – non hedging trades, JP Morgan beat earnings projections today that hel [...]
July Jobless Claims Down But June 201...
July Jobless Claims Down But June 2012 Foreclosures Up, World Central Banks Ease – Cut Rates:
Jobless claims dropped by levels not seen in several months as less Americans applied for unemployment benefits. Initial jobless claims fell by 26,000 to a seasonally adjusted 350,000 the Labor Department said today. The fall in initial jobl [...]
ECB Lowers Rates To New Low, China Dr...
ECB Lowers Rates To New Low, China Drops Rates, Bank Of England Announces More Bond Buying:
Global easing may not be over -it may just be the beginning.
The European Central Bank cut rates to a new record low today in attempts to stem the debt crisis that has been dogging the region for several months/years. The ECB dropped its key lending [...]
June 2012 ISM Shows Manufacturing Slo...
June 2012 ISM Shows Manufacturing Slowed For First Time Since 2009:
The U.S. economy showed further signs of weakness today. U.S. manufacturing declined significantly in June 2012 to levels that indicate the economy is contracting after nearly three years of expansion. According to the Institute for Supply Management, domestic manufacturin [...]
Bernanke Elusive At Congress As Consu...
Bernanke Elusive At Congress As Consumer Credit Hits 6 Month Low, June 2012 Jobless Claims Dismal, China Eases:
Ben Bernanke didn’t give many clues as to whether he would like to implement QE3 or continue Operation Twist, as expected, when he spoke to Congress today. Bernanke did speak about the need for Congress to get its house in o [...]
Financials Get Hit Based On JP Morgan...
Financials Get Hit Based On JP Morgan May 2012 Headline Risk, Europe and China:
The JP Morgan Effect May 2012 Keeps Investors Away From Financials.
The U.S. stock market fell sharply today as investors kept away from key sectors like the financials in anticipation equities prices could fall further. Investors may be waiting for another shoe [...]
Busy Week for Economic Data & Ea...
Busy Week for Economic Data & Earnings Begins With April 2012 China HSBC PMI Up, Hollande Wins First Round:
China HSBC PMI April 2012 Up
China started the week off Sunday with PMI data showing an improvement from the prior month. The HSBC Flash Purchasing Managers Index, rose from 48.3 in 2012 to a reading of 49.1 in April 2012 slightly [...]
Financials Beat Estimates But China&#...
Financials Beat Estimates But China’s Growth Slows To 8.1 Percent:
Financial stocks took a short term turn after earnings announcements today from JP Morgan and Wells Fargo. Both companies beat estimates handily but traders and investors may be waiting for more data on earnings next week and war caught by surprise about China’s [...]
