Thursday, April 11, 2013

S&P 500 Hits Fresh Intraday Record after Asian and European Stocks Firm, Finally Euro Hits Three-year High Against Japanese Yen

US stocks Wall Street opens at record levels, S&P 500 hits fresh intraday record after Asian and European stocks firm, with the yen's weakness helping to take the Nikkei to its highest since August 2008

From Tokyo economic news, Bank of Japan bazooka sends Japanese debt reeling, Investors are caught between knowing the country's central bank is backstopping the market but wary of committing to such meagre yields

EMs must respond to US industrial revival
The shale gas 'revolution', a remarkable story, is already making the US more competitive, forging strong reindustrialisation

Finally Euro hits three-year high against yen, Single currency rises as investors and analysts said expectations that Japanese investors would move abroad was propping up the euro

Meanwhile, EasyJet shares climb after Citi upgrade, Shares in airline climb after Citigroup raises its rating on new entrant to FTSE 100 to buy from neutral, citing the prospect of special dividends

No comments:

Post a Comment