US Stocks and commodities higher, Chinese inflation data ease concerns about possible monetary tightening in world's second-biggest economy as attention turns to US earnings
Miners sector help lift Wall Street indices, Earnings season begins with mixed fortunes for Alcoa, while JC Penney reappoints former CEO
Caution urged over rise of EM consumers, Higher consumption by the middle class in emerging markets should boost consumer staple stock prices, but some argue the effect is already priced in
Finally Fitch downgrades China's credit rating, China's sovereign credit rating is cut from AA- to A+ by Fitch, which cites a number of 'underlying structural weaknesses' in its economy
Japanese Yen higher as profit taken on dollar gains, US dollar weakens as traders interpret comments from Federal Reserve chairman Ben Bernanke as a sign that US is unlikely to end bond-buying programme
New Delhi India 'facing threat of regulatory arbitrage', Former head of the National Stock Exchange, warns that competitor nations are using favourable regulations to attract business away from India
Woww Indonesia borrows $3bn at record low cost, US investors snap up 10- and 30-year dollar bonds issued by the southeast Asian country in a combined deal that was comfortably oversubscribed
Meanwhile, Glitch delays Singapore derivatives trade, Dealing in some of Asia's most widely traded derivatives is delayed after the usually smooth-running SGX is hit by a rare technical outage
No comments:
Post a Comment