06 December 2013 - 23:04 pm
- US non-farm payrolls rise unexpectedly
- German factory orders fall more than forecast
- UK inflation expectations and house prices rise
FTSE 100: 0.75%
CAC 40: 0.77%
FTSE MIB: 0.73%
IBEX 35: 0.17%
Stoxx 600: 0.64%
European stocks ended the week on a high note after a better-than-expected US jobs report.
US non-farm payrolls increased by 203,000 in November, compared with a revised 200,000 gain the month before and well ahead of the consensus forecast for 185,000. The unemployment rate fell to 7% from 7.3%, below the 7.2% rate estimated by analysts.
Concerns that the positive figures would prompt the Federal Reserve to begin reducing monetary stimulus were outweighed by an improved outlook for the economy. >> Read More
06 December 2013 - 12:21 pm
The Johannesburg Stock Exchange said it will pause trading for five minutes to mark the passing of Nelson Mandela, aged 95.
The pause will take place at at 11am local time (9am in London).
It is with great sadness that the JSE has been informed of the passing of former President Nelson Mandela. As a sign of deep respect, all JSE markets will be paused for 5 mins at 11am today.
06 December 2013 - 5:23 am
Above is Daily Chart of Baltic Dry Index
On 30th Nov ,We had written this :
This is all Power of chart ,Nothing else.
04 December 2013 - 23:05 pm
- Eurozone GDP and services rise
- Euro-area retail sales fall
- UK services expand
- US new home sales and jobs increase
FTSE 100: -0.38%
CAC 40: -0.53%
FTSE MIB: -0.29%
IBEX 35: -0.57%
Stoxx 600: -0.58%
European equities slumped following a mixed bag of economic data in the Eurozone, the UK and the US.
GDP figures showed the Eurozone economy expanded 0.1% quarter-on-quarter in the third quarter, unchanged from its preliminary estimates and in line with market expectations.
Compared to a year ago, the economy shrank a seasonally adjusted 0.4% year-over-year in the third quarter, as expected by consensus.
The Eurozone´s service sector PMI edged up slightly to 51.2 in November from 50.9 the prior month, above the 50 level that signals expansion and forecasts for the reading to remain unchanged.
Retail sales in the euro-area unexpectedly declined 0.1% in October, compared to a rise of 0.4% in September. Economists had predicted an increase of 1%. >> Read More
04 December 2013 - 11:46 am
- high 15,579.36
- low 15,326.06
- USDJPY 102.48
Today’s fall in the Nikkei was expected after yesterday’s global equity market falls but USDJPY not following it lower will surprise many traders
Now Break & CLOSE below 15242 level for 2 CONSECUTIVE Days then More Panic UPTO 14910—14800 LEVEL.
No worry @ all.Very soon will cross 15900-16000 level
03 December 2013 - 22:41 pm
- Fed stimulus cut concerns grow
- UK construction picks up
- Spain’s unemployment falls
- Italy needs to rein in debt, says EU’s Rehn
FTSE 100: -0.95%
CAC 40: -2.65%
FTSE MIB: -1.95%
IBEX 35: -1.44%
Stoxx 600: -1.53%
European stocks ended Tuesday in the red as markets speculated on the timing of the stimulus tapering by the Federal Reserve.
Better-than-expected economic data releases recently has fuelled speculation that the central bank will begin scaling back its monthly $85bn bond buying programme at its mid-December meeting. >> Read More
03 December 2013 - 22:34 pm
50427——-49636 are Crucial Support levels.
Now ,Three Consecutive close below 49636 +Weekly close will take to 47267———-46477 level.
Will Update More to our Subscribers ,Updated at 22:32/3rd Nov/Baroda/India
02 December 2013 - 22:58 pm
- US manufacturing expands
- Spanish manufacturing contracts
- NFR: Thanksgiving weekend sales estimated to have dropped
- UK and Eurozone manufacturing rises
FTSE 100: -0.83%
DAX: – 0.04%
CAC 40: -0.22%
FTSE MIB: -1.52%
IBEX 35: -0.94%
Stoxx 600: -0.33%
European stocks declined as a pickup in US manufacturing activity fuelled concerns that the Federal Reserve will start tapering monetary stimulus at its next meeting.
News out over the weekend regarding a drop in shop sales Stateside over the Thanskgiving weekend and mixed market commentary on Monday´s China manufacturing PMI probably also weighed on stocks. Furthermore, investors were likely positioning themselves ahead of Friday´s monthly US employment numbers.
The Institute for Supply Management (ISM) said its manufacturing sector purchasing manager´s index (PMI) rose to 57.3 in November from 56.4 a month earlier, exceeding the 55.1 forecast and the 50 reading that signals expansion. >> Read More
01 December 2013 - 15:30 pm
Above is Daily Chart of SGX NIFTY ,Just Click to Enlarge
Last Close :6228
We see BLAST upto 6252————–6269 level in minutes only.
Will kiss 6280————-6305 level very soon.
4th Trading session will see UNEXPECTED level !!
Again Writing :Short Term Trend is UP UP UP ,Weekly chart still looking Weak !
Will Update More to our Subscribers …Tomorrow Morning.
Updated at 15:29/01st Dec/Baroda/India