Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


17.12.2010 14:21

Before the bell: Stocks poised for flat open

U.S. stocks were poised to start little changed Friday, as investors mull over the tax-cut deal that was passed by the House late Thursday.
Late Thursday, the House of Representatives gave final approval to the $858-billion tax deal hammered out between President Obama and Republicans. The bill passed the compromise by 277-148, and is now awaiting the President's signature. The Senate passed the bill on Wednesday.
"Up until close of business yesterday, there were Democrats in the House saying 'over my dead body,' so the fact that it went through before midnight will be positive for investors," said Peter Bible at EisnerAmper LLP.

On Thursday, stocks closed at two-year highs, with two of the three major indexes hitting their highest levels since September 2008. Stocks ticked higher, as investors digested mixed reports on housing and jobs data that came out before the opening bell Thursday.
Economy: After the opening bell, an index on leading economic indicators for November is expected to increase 1.2%, after a 0.5% rise the month before.
Companies: After the bell on Thursday, Oracle (ORCL, Fortune 500) and Research in Motion (RIMM) announced their past-quarter financial results - both beat Wall Street analysts' estimates for earnings and revenue.
Marshall & Ilsley (MI) will be acquired by Canada's BMO Financial in a stock-swap deal valued at $4.1 billion. The transaction is based on a share price of $7.75 - nearly 34% premium over Marshall & Ilsley's closing price on Thursday. In premarket trading, shares of Marshall & Ilsley jumped 27%.
Other regional banks - which have been especially hard hit during the recession - were poised to rally at the open. Regions Financial (RF, Fortune 500), Zions Bancorp (ZION), and KeyCorp (KEY, Fortune 500) were all up in premarket trade.
Eurozone jitters persisted Friday. Ratings agency Moody's downgraded Ireland's debt citing "increased uncertainty regarding the country's economic outlook," "decline in the Irish government's financial strength" and bank related concerns. Earlier in the week, Irish officials accepted IMF funds connected to its €85 billion bailout.

17.12.2010 14:11

GBP/USD still falling

Market Focus

  • Donald J. Trump was inaugurated as the 45th president of the United States
  • Canada: Retail Sales, m/m, November 0.2% (forecast 0.5%)
  • U.S.: Nonfarm Payrolls, January 227 (forecast 175)
  • Eurozone: Consumer Confidence, January -4.9
March 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

Quotes

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
Online
consultant
Request a callback
Top Page