Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:

19.12.2011 08:16

Stocks: Friday’s review

Asian stocks fell as signs of slowing growth in China and Japan and concern that Europe’s debt crisis is worsening.

The Shanghai Composite Index  sank 3.9%. Chinese manufacturing may contract for a second month, according to a survey released Dec. 15 by HSBC and Markit Economics. Hong Kong’s Hang Seng Index declined 1.6%.

Japan’s Nikkei  decreased 1.6 percent this week after the Bank of Japan’s Tankan survey showed sentiment among the nation’s largest manufacturers deteriorated more than economists expected.

HSBC dropped 2%. Mitsubishi UFJ Financial Group Inc. decreased 3.8%.

Exporters to China declined on concern shipments will fall amid slowing growth in the world’s second-largest economy. Komatsu  sank 7.8%, Fanuc Corp. fell 3.6%.

BHP Billiton Ltd. lost 1.9%.

European stocks fell for a second week as concern lingered that the region’s debt crisis is deepening and the Federal Reserve refrained from taking new action to bolster the world’s largest economy.

The Fed declined to take new action to lower borrowing costs in a statement on Dec. 13, saying the U.S. economy continues to expand even as global growth slows. The central bank repeated a warning at its two previous meetings that the “strains in global financial markets continue to pose significant downside risks to the economic outlook.”

Moody’s Investors Service said it will review the ratings of all European Union countries in the first quarter because an EU summit on Dec. 8 and Dec. 9 failed to deliver “decisive policy measures” to end the debt crisis.

Company news:

Logica fell 23% after reducing its full-year revenue growth forecast.

Telefonica SA slid 7.7% after Spain’s largest telecommunications company cut its dividend for the first time in a decade.

Old Mutual Plc rallied 7.4%as the third-biggest U.K. insurer said it plans to sell its Nordic unit to Skandia Liv for 2.1 billion pounds to reduce debt and return capital to investors.

BNP Paribas SA and Bayerische Motoren Werke AG fell more than 7% as investors shunned companies with profits most tied to economic growth.

U.S. stocks fell as European leaders struggled to solve the region’s debt crisis and the Federal Reserve refrained from additional stimulus.

Equities rose the last two days of the week as data on jobless claims and manufacturing offset concern Europe’s crisis is escalating.

The S&P rebounded  after Labor Department figures showed initial jobless claims fell by 19,000 to 366,000 in the week ended Dec. 10, the fewest since May 2008, and two reports showed manufacturing in the New York and Philadelphia regions expanded more than forecast in December.

Caterpillar, the world’s largest construction and mining- equipment maker, tumbled 9.1%, Alcoa, the largest U.S. aluminum producer, sank 8.6%.

Intel Corp. slid 7.1% , pacing declines among technology companies.

Research In Motion Ltd.  tumbled 18% percent after delaying the next generation BlackBerry.

19.12.2011 08:28

Forex: Weekly’s review

19.12.2011 07:50

Tech on USD/JPY

Market Focus

  • The eurozone started the third quarter on a solid footing, according to PMI survey data
  • Earnings Season in U.S.: Major Reports of the Week
  • German private sector output growth slowed for the second month running in July
  • ECB's Mersch says as conditions normalise, it is unlikely that uncoventional policies will remain necessary
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