Philip Chua Business Blog

Posts Tagged ‘Index’

Uneventful markets record modest changes. US equities were unchanged (S&P500) until late into a choppy NY session, the last hour seeing sellers push the index to a -0.4% close. There was little economic data from the US to influence price action, M&A activity (Campbell Soup eyeing UK's United Biscuits, China's

The dollar gained against most of its rivals on Thursday as risk aversion increased on concern US economic growth is faltering. US initial jobless claims in the week ending August 14 climbed to a 9-month high and the August Philadelphia Fed manufacturing index turned negative for the first time since

The dollar rose against its major counterparts except the Australian and Canadian dollars on Wednesday after July ISM US non-manufacturing and ADP data were higher than anticipated. The dollar index increased for the first time in five days. The S&P 500 rose 6.78 to 1,127.24. Higher commodity prices boosted the

The final week of July saw mixed price action among asset classes, as better than expected data from outside the US was mostly offset by weaker US data. US stocks finished slightly weaker while the MSCI world stock index gained some ground. The CRB commodity index continued to advance, but

Risk appetite modestly improved by the close of trading in NY on Friday. The S&P500 index ground slightly higher, but on low volume, to be up 0.7% on the day, the banks' sub-index up 2.1%. Commodities were generally fi rmer, the CRB index up 0.4%. A reported increase in demand

Japanese economy released today its reading for May's machinery orders and current account index, where the machinery orders fell more than economist estimated in May adding signs that rebounded business investment will not heavily support the nation's recovery.