Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:

24.05.2011 07:04

Stocks: Monday's review

Japan’s Nikkei 225 (NKY) Stock Average declined the most in six weeks as makers of construction equipment declined after Nomura Holdings Inc. said demand in China will cool and Fitch Ratings cut Greece’s credit rating.
Construction-machinery makers dropped after Nomura cut its estimate for equipment sales in China by 20 percent for the year ending March 2012, citing measures by authorities to rein in inflation. In addition to raising interest rates, The People’s Bank of China has lifted reserve requirement ratios for major banks eight times since mid-November to curb lending in an economy where price gains exceed a government target of 4 percent.
Komatsu plunged 5.9 percent to 2,381 yen and was the most- actively traded stock in Japan. Hitachi Construction Machinery Co. declined 6 percent to 1,676 yen. Kobe Steel Ltd. (5406) dropped 3.8 percent to 176 yen. Kawasaki Heavy Industries Ltd. (7012) lost 4.9 percent to 291 yen.
Canon Inc. (7751), a camera maker that gets more than 30 percent of its sales in Europe, lost 1 percent.
Tokyo Electric Power Co. slumped 9 percent after the utility reported the biggest loss among the country’s nonfinancial companies. The company reported a full-year net loss of 1.25 trillion yen ($15.3 billion) following the accident at its Fukushima Dai-Ichi nuclear power plant.
Fanuc Corp. (6954), an industrial-robot maker that gets about half of its sales from China, lost 4.1 percent to 12,300 yen and was the heaviest drag on the Nikkei.

European stocks dropped to a one- month low after Spain’s ruling party suffered its worst election defeat in 30 years and Standard & Poor’s warned it may downgrade Italy’s debt.
Banco Santander SA (SAN), Spain’s largest bank, and Italy’s Intesa Sanpaolo SpA (ISP) led a selloff in financial shares, both falling more than 1.5 percent.
Credit Agricole SA (ACA) sank 3 percent to 10.53 euros after S&P downgraded the counterparty credit rating for France’s third- largest lender to A+/A-1 from AA-/A-1+, saying the bank has a “significant sensitivity” to Greece’s creditworthiness and economic prospects.
Commerzbank lost 5.3 percent to 3.74 euros in Frankfurt after announcing plans to raise capital by selling new shares to help repay state aid. Germany’s second-biggest bank will sell 2.44 billion new shares at 2.18 euros apiece. Shareholders will be allowed to subscribe to 10 new shares for every 11 already held from May 24 to June 6, the company said.
Ryanair retreated 5.3 percent to 3.36 euros as Europe’s biggest discount airline said it will cut capacity for the first time in its history next winter as higher fuel costs threaten to render swathes of the network unprofitable.
The airline said annual profit will be “similar” to last year’s amid slower growth in demand. The airline still reported a 26 percent jump in full-year adjusted profit after taxes to 401 million euros.
Air France-KLM (AF) Group slumped 4.5 percent to 11.46 euros in Paris trading, while EasyJet Plc lost 4.9 percent to 345.1 pence. Lufthansa, Europe’s biggest airline by sales, sank 3.5 percent to 15.03 euros.
Anglo American Plc (AAL) and Royal Dutch Shell Plc (RDSA) led a selloff in commodity producers as base metals fell in London and crude oil tumbled in New York. Anglo American declined 4.1 percent to 2,830.5 pence, Antofagasta Plc (ANTO) lost 3.9 percent to 1,160 pence and Shell dropped 2.3 percent to 2,095 pence.

U.S. stocks closed sharply lower Monday as simmering worries about Europe's debt problems boiled over, sending investors in search of safety.
The selling was broad-based, with all 30 Dow components in the red. Caterpillar (CAT, Fortune 500), Alcoa (AA, Fortune 500) and Du Pont (DD, Fortune 500) were the biggest laggards on the blue-chip index.
Financial stocks also faltered, with shares of Bank of America (BAC, Fortune 500), JPMorgan Chase (JPM, Fortune 500), Wells Fargo (WFC, Fortune 500), Citigroup (C, Fortune 500) and Goldman Sachs (GS, Fortune 500) all down more than 1%.
Companies: Shares of entertainment products maker Sony (SNE) slipped nearly 4%. The company posted a $3.19 billion annual loss and cut its full-year earnings outlook to reflect damages of the earthquake and tsunami in Japan.
Shares of Krispy Kreme (KKD) jumped more than 20% after the doughnut maker beat earnings per share by 4 cents on strong sales.
Commodities: Oil for July delivery fell $2.40 to settle at $97.70 a barrel.
Gold futures for June delivery rose $6.50 to $1,515.40 an ounce.

24.05.2011 07:56

Forex: Monday's review

24.05.2011 06:53

Tech on USD/JPY

Market Focus

  • U.S.: Industrial Production (MoM), September 0.1% (forecast 0.2%)
  • Britain can't get full single market access with free movement concessions - Merkel
  • Earnings Season in U.S.. Major Reports of the Week
  • New Zealand CPI, 3Q: 0.2% q/q (forecast 0%), 0.2% y/y (forecast 0.1%)
October 2016
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002


All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.

To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

  • © 2011-2016 TeleTrade-DJ International Consulting Ltd

    TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

    The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

  • The information on this website is for informational purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

  • TeleTrade cooperates with SafeCharge Limited, which is an electronic money institution authorized and regulated by the Central Bank of Cyprus and is a principal member of MasterCard Europe and Visa Europe. We also cooperate with Moneybookers and Neteller, which offer electronic e-wallet services authorized and regulated by the Financial Conduct Authority.

    Please read our full Terms of Use.

  • To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

    TeleTrade-DJ International Consulting Ltd currently does not provide its services to residents or nationals of the USA, and also doesn't provide retail Forex and CFD accounts to residents or nationals of Belgium.

Служба технической поддержки:

  • Онлайн-консультация
  • Заказать звонок
  • Написать письмо
Connect with Us
Share on
social networks
Request a callback
Top Page