Posts Tagged ‘Wednesday’
New Home Sales Plunge To Record Low
August 26th, 2010 | 
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The Japanese yen relinquished some of its recent strength versus the greenback in the Wednesday session, shedding almost 1%. Meanwhile, the major currencies were marginally higher against the dollar, with the British pound edging up by 0.35%. US equities also recouped from earlier losses, finishing slightly higher as the Dow
Posted in Forex Trading | 
Tags: british pound, currencies, dollar, Dow, greenback, japanese yen, losses, pound, session, strength, US, Wednesday | 
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EUR/USD Consolidates Gains Ahead of ECB Rate Decision
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
Posted in Forex Trading |
Tags: ADP, canadian dollars, commodity, commodity prices, counterparts, dollar, dollar index, Index, ISM, July, time, US, Wednesday |
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STI recoups part of Tuesday’s loss
THE Straits Times Index (STI) gained 45.41 points to 2,696.02 yesterday, thanks largely to Wall Street's avoidance of a total blowout on Tuesday and hopes that Western markets might stabilise during their Wednesday sessions - hopes that were lifted when Europe opened in the black late in the afternoon here.
Brokers, however, were unsure of how lasting the local bounce will prove, given the market'... more
Posted in Singapore Financial News |
Tags: afternoon, avoidance, blowout, bounce, Europe, Index, late in the afternoon, market, sessions, stabilise, STI, Straits, straits times index, straits times index sti, Times, Tuesday, Wall Street, Wednesday, western markets, yesterday |
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Wall St. reform vote fails again in Senate
Senate Democrats failed to muster enough votes on Wednesday to end debate on the biggest overhaul of financial regulation since the 1930s, delaying a vote on passage.
Posted in Stocks Unit Trust ETF Investment |
Tags: 1930s, debate, overhaul, passage, regulation, Senate, senate democrats, vote, Wednesday |
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STI rebounds after 2 days of losses
NOT surprisingly, after losing about 70 points in a two-day sell-off on Tuesday and Wednesday, the Straits Times Index yesterday managed a bounce of 26.97 points to 2,959.01, described as 'technical' in some circles, but more likely due to short-covering.
The broad market, however, was marginally firm, recording 226 rises versus 139 falls, excluding derivatives. Turnover was a moderate 1.9 billion... more
Posted in Singapore Financial News |
Tags: bounce, broad market, circles, Derivatives, due, firm, Index, market, not, recording, sell-off, short-covering, Straits, straits times index, Times, Tuesday, turnover, Wednesday, yesterday |
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Govt rebuts Cheong’s free market theory
(SINGAPORE) The government yesterday defended its policy of managing price movements in the private housing market and also stood by its method of supplying developers with state land sites.
It was responding to Wednesday’s speech by the president of the Real Estate Developers’ Association of Singapore (Redas), Simon Cheong, who said that the government should allow the private property market her… more
Posted in Singapore Financial News |
Tags: Association, association of singapore, Estate, government, housing, housing market, Land, market, method, policy, President, price, private property market, property, Real, real estate developers, real estate developers association, real estate developers association of singapore, Redas, Simon Cheong, Singapore, speech, state, Wednesday, yesterday |
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