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Archive for  February 2005

  • European corporate bonds ended Monday in a mixed mood as financials performed better amid thin issuance volumes and auto-makers' bonds were steady or slightly wider ahead of sales figures due to be released on Tuesday.

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  • European corporate bonds ended Monday in a mixed mood as financials performed better amid thin issuance volumes and auto-makers' bonds were steady or slightly wider ahead of sales figures due to be released on Tuesday.

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  • Here is how major stock markets outside the United States ended on Monday. EUROPE STOCKS EXCHANGE: Relief that the Iraq elections passed without major disruption and signs of renewed corporate activity helped European shares end

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    • News Desk
    • Feb 1st, 2005
    • Comments Off on FTSE flirts with 2-1/2-year high as M&A talk grows

    Britain's FTSE 100 ended near 2-1/2 year closing highs on Monday as a fresh wave of take-over talk swept through the market, led by continued speculation over blue chip fund firm Amvescap on the eve

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    • News Desk
    • Feb 1st, 2005
    • Comments Off on Sterling nonplusses by mixed data

    Sterling traded in tight ranges against the euro and dollar on Monday after mixed UK economic data failed to give it direction, and investors remained cautious ahead of key US releases this week. Sterling lost

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    • News Desk
    • Feb 1st, 2005
    • Comments Off on Dollar starts crucial week on firm footing

    The dollar traded with a firm bias on Monday as investors positioned for another US interest rate rise and breathed a sigh of relief that Sunday's historic election in Iraq had passed with only sporadic

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    • News Desk
    • Feb 1st, 2005
    • Comments Off on Metals close steadily, supply worries support

    Base metals prices were steady at the close of Monday's London Metal Exchange (LME) trading, with supply tightness and plant closure news encouraging buying after profit-taking earlier in the day, traders said. Confirmation that Swiss-based

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  • Cotton futures rose on Monday in reaction to a late Friday report that farmers would plant fewer acres of cotton this year than last, but trade was restrained by fund selling and spread activity. "I

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  • Gold shed nearly 1.5 percent in Europe on Monday as investors sold back the safe haven asset after Sunday's historic election in Iraq saw only sporadic violence, dealers said. "The elections passed off fairly well

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  • Oil prices rose on Monday on worries that production cartel Opec could decide to cut output soon even after it kept output steady at its meeting over the weekend. US oil prices rose 77 cents

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