Posts Tagged ‘investors’
Gold loses more lustre as US dollar shines
(SINGAPORE) Gold prices continued to head south yesterday, with some analysts predicting more selling pressure in the coming weeks.
The yellow metal retreated after the US dollar rebounded against the euro, while firmer oil prices offered little help as investors turned cautious on bullion after it failed to sustain recent gains.
Gold dropped below a psychological level of US$1,100 an ounce as unc… more
Greek debt crisis pulls down markets
GREECE’S debt crisis rattled investors again yesterday and sent markets south despite overnight gains on Wall Street.
Reassurance from Federal Reserve chairman Ben Bernanke that interest rates would stay low for some time pleased investors, who sent the Dow Jones up 91.75 points, or 0.89 per cent.
But concerns over the weak United States job market and poor housing sales data outweighed the promis… more
Stocks edge higher after mixed economic data
The stock market eked out a gain as investors took glum economic news in stride. The small gains still left stocks with a loss for the week but the Dow and S&P 500 logged their best month since November.
Gross domestic product – Business – Economy – Government – Investing
Six hazards facing the stock market
Nearly a year after the stock market staged one of the biggest rallies in history, investors worry that this bull may be getting wobbly. There’s no shortage of cause for concern.
Stock market – Investing – Business – Stocks and Bonds – Equities
Great earnings, but Wall St has bigger fish to fry
THE fourth quarter earnings reporting season has so far achieved all that investors could have hoped for, but the good news has all been obscured by a wave of worrisome events from Washington and Beijing and Europe.
‘The corporate side of the stock market’s fundamental picture has been a true success story in the early going in 2010,’ said Nick Colas, chief market strategist at Convergex Group. ‘E… more
IMM Positioning – IMM Traders Add To EUR Shorts, USD Longs Surge
Concerns over fiscal sustainability continue to be a key driver of financial markets and have seen the flight from the euro, and pro-cyclical currencies in general, continue. European debt woes continue to attract the market’s attention and speculative investors have added to the record EUR shorts seen last week. As…
Buy on weakness, sell on strength this year
INVESTORS should use the recent correction to buy into markets, say strategists of two private banks. But banish the thought of a buy and hold approach, as volatility may well erase gains made during the year.
Says Credit Suisse Private Bank’s chief investment officer Stefan Keitel: ‘Buy on weakness, sell on strength. There will be two to three corrections in 2010 but also opportunities.
‘We think… more
STI gains 51 points on bargain hunting
SINGAPORE stocks gained yesterday as hopes of the European Union (EU) stepping in to rescue debt-ridden Greece lifted the gloom for some Asian markets.
The Singapore market posted gains for a second straight session, with investors rummaging for bargains among stocks that had been sold down last week on fears over piling European sovereign debt.
The Straits Times Index capped yesterday’s trading s… more
State Street Gave Some of Its Clients Better Data
State Street will pay more than $310 million in penalties and restitution to settle accusations that it misled investors about risk associated with a bond fund and other funds that invested in it.
Stocks post first triple-digit drop for 2010
The Dow Jones industrial average had its first triple-digit drop of 2010 as mounting losses from loans at JPMorgan Chase & Co. sent investors rushing from stocks.
Business – Industrial production – Economy – Government – Investing




