Archive for  December 2012
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US Treasuries prices fell on Monday as greater optimism lawmakers in Washington will reach a deal to avert a fiscal crunch reduced demand for safe haven debt. US President Barack Obama and Republican Speaker of
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US Treasuries prices fell on Monday as greater optimism lawmakers in Washington will reach a deal to avert a fiscal crunch reduced demand for safe haven debt. US President Barack Obama and Republican Speaker of
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Hong Kong shares slipped for a second straight day on Tuesday, pulled lower by a 3.3 percent loss for AIA Group after American International Group sold its remaining stake in the Asian insurance giant. A
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European shares rose on Tuesday, with the euro zone blue-chip index hitting a near 17-month high, as investors bet that US Democrats and Republicans would reach a deal to avoid looming austerity measures. Expectations of
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Malaysian shares climbed to seven-week highs on Tuesday with telecoms stocks such as Axiata Group Bhd led a broad rally while Philippine stocks reversed early loss as investors bought laggard large caps such as SM
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Indian shares rose on Tuesday led by lenders such as SBI, as hopes parliament will pass the banking amendment bill outweighed disappointment after the Reserve Bank of India kept interest rates and the cash reserve
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Britain's leading share index rose on Tuesday, led by gains in risk-sensitive commodity issues on signs of progress towards a political compromise on the US "fiscal cliff". The FTSE 100 closed up 23.75 points, or
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Sterling rose to its highest in more than two and a half months against the dollar on Tuesday after stubborn UK inflation added to expectations the Bank of England will avoid further easing for now.
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The yen edged lower and neared a 20-month low versus the dollar on Tuesday, dogged by expectations that a new Japanese government would nudge the Bank of Japan toward more drastic monetary stimulus. The yen
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The euro traded near a 7-1/2 month high against the dollar on Tuesday on signs of progress in talks to avert the US "fiscal cliff" and on improving investor demand for euro zone assets. Optimism
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