Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:

13.04.2011 07:30

Stocks: Tuesday's review

Japanese stocks fell the most in almost a month after the International Monetary Fund cut the economic growth forecast for the country and strong aftershocks continued to shake Tokyo following a record quake and tsunami.
Tokyo Electric Power Co. tumbled the most on the Nikkei 225 (NKY) Stock Average after the utility said radiation leaks from reactors crippled by last month’s disaster may eventually exceed those from Chernobyl.
Toyota Motor Corp. (7203) and Honda Motor Co. fell after SMBC Nikko Securities Inc. said supply disruptions may reduce profits at the carmakers by billions of dollars.
Inpex Corp. (1605), the country’s No. 1 energy explorer, slumped 5.2 percent as oil prices dropped.
Japan Petroleum Exploration Co. (1662), the second-biggest oil driller, dropped 3.5 percent to 4,010 yen.
Shimadzu, which makes measuring instruments and precision tools, dropped 4 percent to 670 yen after Mizuho Securities cut the company’s investment rating to “neutral” from “outperform,” saying last month’s earthquake will likely slow demand for measuring equipment.
European stocks fell the most in four weeks as Tokyo Electric Power Co. said its earthquake-hit nuclear power plant may release more radiation than Chernobyl and Alcoa Inc. (AA) posted sales that missed analysts’ estimates.
BHP Billiton Ltd. (BHP), the world’s largest mining company, led mining stocks lower as metal prices fell.
BHP declined 3.3 percent to 2,544 pence and Rio Tinto slipped 2.8 percent to 4,403 pence. Kazakhmys Plc (KAZ), Kazakhstan’s biggest copper producer, tumbled 5 percent to 1,419 pence. Eurasian Natural Resources Corp. sank 4.3 percent to 929.5 pence. Fresnillo Plc (FRES), the world’s largest primary silver producer, lost 5.1 percent to 1,576 pence.
Royal Dutch Shell Plc (RDSA) and BP Plc dropped as a gauge of European oil companies sank the most in 11 months.
Delta Lloyd NV (DL) dropped 7.6 percent, the largest decline since its initial public offering in 2009.
Game Group Plc (GMG) sank 8.3 percent after UBS AG cut its recommendation on the shares.
Economy: The ZEW Center for European Economic Research in Mannheim said its index of investor and analyst expectations, which aims to predict developments six months in advance, declined to 7.6 from 14.1 in March. Economists had predicted a drop to 11.3, according to the median of 36 estimates in a Bloomberg News survey.
U.S. stocks remained under pressure Tuesday afternoon, as a 3% drop in oil prices sparked a sell-off in energy stocks and Alcoa continued to weigh down the Dow.
The Dow Jones industrial average (INDU) dropped 91 points, or 0.7%, dragged down by a more than 6% drop in Alcoa (AA, Fortune 500)'s stock. The aluminum giant reported disappointing sales late Monday.
Energy companies also weighed on markets, as oil prices retreated more than 3% to $106.25 a barrel following a Goldman Sachs forecast for a $20-a-barrel drop in crude prices this spring. Chevron (CVX, Fortune 500) and Exxon Mobil (XOM, Fortune 500) were big laggards on the Dow.
Pioneer Natural Resources (PXD), Nabors Industries (NBR), Denbury Resources (DNR), Range Resources (RRC) and National Oilwell Varco (NOV, Fortune 500) pressured the S&P 500 (SPX), which slipped 7 points, or 0.5%.
The tech-heavy Nasdaq Composite (COMP) lost 21 points, or 0.8%, as chipmakers such as Broadcom (BRCM, Fortune 500) and Micron Technology (MU, Fortune 500) lost ground amid global growth concerns.
Economy: The Commerce Department released data on the U.S. trade balance for February, showing that the deficit narrowed to $45.8 billion, the gap was slightly more than expected.
Economists surveyed by expected the report to show the trade deficit narrowed slightly to $45.7 billion, down from $46.3 billion in January.

13.04.2011 08:07

Forex: Tusday's review

13.04.2011 06:29

Tech on USD/CHF

Market Focus

  • The Bank of Japan decided by a 7-2 majority vote to hold the interest rate at -0.10%
  • Earnings Season in U.S.: Major Reports of the Week
  • U.S. commercial crude oil inventories decreased by 4.7 million barrels from the previous week
  • Australian unemployment rate stable at 5.6% in June
July 2017
  • 2017
  • 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

  • © 2011-2017 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.

Connect with Us
Share on
social networks
Request a callback
Top Page