Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:

26.09.2011 07:02

Stocks: Weekly review

Asian stocks fell, driving a regional benchmark index toward the biggest weekly drop in almost three years, on concern policy makers worldwide are running out of tools to avert another global economic recession.
BHP Billiton Ltd. (BHP), the world’s No. 1 mining company, slumped 3 percent in Sydney after crude oil and metal prices tumbled yesterday and today.
Korea Zinc Co., which produces gold and silver, plunged 15 percent in Seoul and Samsung Electronics Co., South Korea’s biggest exporter of consumer electronics, lost 4.1 percent.
Esprit Holdings Ltd. (330), a clothing retailer that gets most of its revenue in Europe, sank 4.6 percent in Hong Kong, taking its losses in the last two weeks to 58 percent.
The Asia Pacific index pared declines today after finance chiefs from the Group of 20 nations said they would address “heightened downside risks” from sovereign debt and a slowing global economy. The gauge briefly resumed losses after Moody’s Investors Service downgraded the long-term deposit and senior debt ratings of eight rated Greek banks by two levels.

European stocks last week fell to a two-year low after Fed statement, but increased slightly on Friday, stepping back from the lows after a meeting in connection with the G20 in Washington, politicians have reduced investor concern that the European debt crisis is spreading and the global economy is weakening.
For the week the London FTSE lost 5.62%, German DAX fell 6.48%
BNP Paribas (BNP) SA and Societe General SA led a rally in banks. Bayer AG (BAYN) climbed 7.1 percent as its Xarelto blood thinner-drug won European backing for use in irregular-heartbeat patients.

Despite Friday's relative calm on Wall Street, it was a brutal week for stocks, with investors losing faith in economies and political leaders around the world.
All three indexes fell by more than 5% for the week. The S&P 500 (SPX) was down 80 points, or 6.5% for the week, while the tech-heavy Nasdaq (COMP) dropped 139 points, or 5.6%. The Dow Jones industrial average closed the week down 738 points, or 6.4%, its worst weekly performance since October 2008.
In a subdued end to the calamitous week, U.S. stocks edged higher Friday afternoon, as investors tried to recover from Thursday's 3% slide. But the gains were limited as traders remained cautious amid worries about the global economy and Europe's debt crisis.
Home Depot Inc. (HD) and Intel Corp. (INTC) added at least 2 percent, pacing gains in companies most-tied to economic growth. Bank of America Corp. (BAC) rallied 4.1 percent, the most in the Dow, as the lender prepared more asset sales to bolster capital. Nike Inc. (NKE), the world’s largest sporting-goods maker, jumped 5.3 percent after profit topped analysts’ estimates and it raised a sales forecast. Newmont Mining Corp. (NEM) and Halliburton Co. (HAL) retreated more than 3.2 percent as gold and oil prices slumped.

26.09.2011 07:24

Forex: Weekly review

26.09.2011 06:43

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