Tuesday, March 27, 2012

Wall Street Index Ticks up on Homebuilders Rally, Insurance Sector Buyout Vehicle Comes Under Pressure

From U.S. Economic update we reported, Wall Street ticks up on homebuilders rally, Homebuilders rallied to lead equities in early activity on Tuesday as new economic data showed home prices in major US cities were stabilising and balance

And then, Resolution falls to bottom of FTSE 100, Insurance sector buyout vehicle comes under pressure as it turns away from fresh dealmaking and plans to split its operations

From high tech Japan's nuclear exit weighs on oil demand, Japan has so far delivered the biggest upside surprise for oil consumption this year and it is unlikely to be its last as Tokyo replaces nuclear power

Meanwhile, Euro climbs after Italian debt auction, Single currency rises to a one-month high against the dollar, its highest level since the end of February

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