Archive for the ‘Currency Trading’ Category
Unemployment and pressure on Wall Street banks
The Wall Street stock indices closed the session on Thursday to record slight losses after the discouragement that caused the rise in applications for unemployment insurance as there are concerns about the banking sector after news that will bring to review foreclosures.
Thus, today in the New York Stock Exchange unfavorable news about the labor and financial sector generated the investor caution that paused the rally on Wall Street.
In this way, the applications for unemployment insurance in the U.S. housing peaked after two weeks unexpectedly low in the market led to discouragement. The rise in producer prices and the trade deficit also published today also favored.
In particular, today the Dow Jones industrial average showed a minimal drop 0.01% to close at 11,094.57 units, while the Standard & Poor’s 500 lost 0.36% to close at 1,173.81 intact, while the Nasdaq index was down 0.24 % to end at 2,435.38 points.
Tags: deficit, Dow Jones, Finance, Nasdaq, New York, shares, Standard Poor's 500 securities, stock market, unemployment, Wall Street | No Comments »
European shares lost
Stock markets in Europe with marginal losses with the exception of Frankfurt, amid renewed worries over the banking sector, which overshadowed strength in mining stocks by rising metal prices, with the weakening dollar.
In London the FTSE-100 index recorded a decline of 0.35 percent to 727.21 points five thousand.
The CAC-40 of the Paris stock exchange fell 0.24 percent to 819.17 points three thousand.
In Madrid the Ibex-35 fell 0.15 percent to 10 000 849.70 points.
By contrast, in Frankfurt, the benchmark index, the DAX, closed the day with a rise of 0.32 percent to 455.27 points six thousand, encouraged by the optimistic forecasts for the German economy.
European shares retreat
European shares rose on Wednesday to a maximum of three weeks, in a market buoyed by the support measures announced by the U.S. Federal Reserve and the solid third quarter results from JPMorgan and Intel Corp.
In this environment, the London Stock Exchange put its FTSE-100 index at 0.19 per cent lower compared to Monday to register in the five thousand 661.59 points.
In Paris the CAC 40 index ended 0.52 percent lower, up to three thousand 748.86 points. While the Frankfurt Dax 30 index gave up 0.08 percent to stand at 304.57 points six thousand.
For its part, in Madrid, the Ibex 35 index lost 0.49 percent and stood at 10 000 648.2 integers at the end of the session.