Archive for February 2005
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Mexican stocks finished flat on Friday as investors took profits in companies like cell phone operator America Movil and home construction company Homex but bid up shares of airport holding company Cintra. The benchmark IPC
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Toronto stocks finished higher on Friday as rising oil prices lifted energy shares and a boosted take-over offer for Masonite International helped push up industrial issues. The Toronto Stock Exchange's S&P/TSX composite index added 39.49
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Japanese share prices are seen rising slowly to test the upside in the coming week as investors have recoverd from the shock of recession data, equity analysts said Friday. The week will probably make a
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US blue-chip stocks finished higher on Friday, lifted by sharp rises in drug makers Merck & Co Inc and Pfizer Inc following favourable rulings on their pain-killing products, although worries about higher inflation and lofty
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Friday's surprising wholesale inflation data restarted a debate on whether the Federal Reserve will make larger rate increases at some point in 2005 after almost a year of "measured" moves, economists said. Rate futures fully
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Bonds, not stocks, are displaying the kind of buying more typically associated with a raging bull market, making fixed income a source of investment risk rather than a hedge against economic disappointment, strategists say. Stock
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Bonds, not stocks, are displaying the kind of buying more typically associated with a raging bull market, making fixed income a source of investment risk rather than a hedge against economic disappointment, strategists say. Stock
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Currency speculators in the Chicago futures market grew a record net long Australian dollar position in the week ended February 15, data from the Commodity Futures Trading Commission showed on Friday. According to the International
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Australia's central bank governor said on Friday Australian economic growth was set to come in below forecast for the year to December 31, while the strong labour market was yet to feed through into inflation.
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Colombia's central bank will sell the government at least $1 billion in foreign reserves in the first quarter of 2005 to pay interest and prepay debt, a Finance Ministry official said on Friday. The sales
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