Singapore sees small gains, while Nikkei sets record high.
Shares on Singapore’s Straits Times climbed to 3451.04 during early trading on Wednesday, translating to an advance of 0.2 percent. While the rest of the index hovered around their opening prices, Noble, one More...
The day of the dollar
Todays G7 meeting was a good one for Japan and their recently launched quantitative easing programme. The G7 were trying to decide whether the recent decline of the Yen was down to their monetary policy or currency More...
Mood in Asia is uncertain early on Monday
The Asian markets opened on Monday morning with an unusual sense of uncertainty in the air. The Nikkei instantly rose to a five and a half year high of 14,766, an advance of 1.1 percent, as a reaction to the surge More...
The Advance: 13th – 19th May 2013
The S&P 500 closed the week up 2.3 percent for the month of May and 14.6 percent up for the year to date. At a time of year when it is common for investors to sell up and lay dormant for a while, studying the More...
FTSE 100 reaches five and a half year high
The recent FTSE 100 rally ploughed through its seventh consecutive day today on the back of actions taken by central banks across the globe — or in the case of the Bank of England, the lack of action taken. The More...
US dollar breaks the 100¥ mark
We have been waiting for this day for quite some time now. In fact, we thought it would come a lot sooner, especially after the Bank of Japan announced its quantitative easing program last month. Nonetheless, the More...
US tech stocks make good gains, along with banks
The S&P 500 and Nasdaq continued to make solid gains across the board during Wednesday’s trading session as the indices headed towards a fifth day in the recent rally. The gains as a whole were propped More...
Stocks rise worldwide as global economy looks brighter, while IG considers Bitcoins
Stocks around the world have risen on the back of various central banks across the globe easing their monetary policies. Recent confidence in the global economy to drag itself out of recession has also gone a long More...
Gold rebounds, Johnson & Johnson outperform expectations
Signs that the S&P 500 may be on the verge of bouncing back from its worst decline in five months were evident today as US futures made steady gains. A rebound in gold prices following yesterdays drastic decline More...
Nikkei retreats after recent rally
The Nikkei nose dived during early trading on monday after more than 2 weeks of consistent gains. Last week the Japanese index rallied to heights not seen since July of 2008 on the back of the Bank of Japan’s More...