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Asia Stocks Fall As Dollar Rises
12 hours ago ago from India News Breaking News US news showbiz news Latest News Updates.
December 17, 2009 by hussnain news under Business News HONG KONG: Most Asian stock markets fell Thursday as the dollar strengthened after the Federal Reserve signaled it would start undoing some of its emergency supports next year as the economic recovery gathers pace. Major indexes were down by about 1 percent or less. The dollar gained ground against most currencies, sending the euro to its lowest point in months and ...
Related contentBeating the Dow with Bonds!
12 hours ago ago from Investing Articles
Beating the Dow with Bonds , is 1/3 of an extremely successful asset allocation strategy outlined in a book by the same name. Numerous financial studies conclude that proper asset allocation, which is another name for money management, is responsible for more than 85 percent of investment portfolio results. Specific investment selection (buying one particular stock or bond over another) accounts for less than 15 percent. In ...
Related contentDartline™ First Look morning directional planner
10 hours ago ago from DARTLINE INVESTOR
December 17, 2009, 7:00 am The Standard & Poor's 500 index futures down 5.90 to 1099.80, as the FTSE 100 index of leading British shares was down 31 points, or 0.6 percent, at 5,289.26, Germany's DAX fell 28.08 points, or 0.5 percent, to 5,875.35 and CAC-40 in France was 22.32 points, or 0.6 percent, lower at 3,853.50. Earlier in Asia, the Nikkei 225 stock average shed 13.61 points, or 0.1 percent, to 10,163.80, and Hong Kong's Hang Seng slid ...
Related contentDollar Rises, Stocks Fall as Greek Downgrade Fans Safety Demand
6 hours ago ago from ECONOMY & BUSINESS
Dollar Rises, Stocks Fall as Greek Downgrade Fans Safety Demand Dec. 17 (Bloomberg) -- The dollar rose to the highest level in three months against the euro while stocks and commodities fell as Greece’s debt downgrade fanned concern that spiraling national debts may hamper the global economic recovery. The U.S. currency advanced against all of the 16 most- traded peers at 9:32 a.m. in New York after the Federal Reserve indicated yesterday ...
Related contentSub-Saharan Africa Stocks: Safaricom, Carbacid, Mauritius Union (Bloomberg)
14 hours ago ago from Mauritius News
Dec. 16 (Bloomberg) The Nigerian Stock Exchange’s All- Share Index fell for the sixth day in seven, losing 70.23, or 0.34 percent, to 20,558.69. Mauritius’ SEMDEX Index advanced for the first day in three, climbing 0.4 percent to 1,651.52. Kenya’s All-Share Index added 0.3 percent to 56.85, while Namibia’s FTSE/Namibia Overall Index closed 1.1 percent higher at 766.69.
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Asia Stocks Fall as Dollar Rises After Fed Meeting
11 hours ago ago from The New York Times
Filed at 10:03 a.m. ET LONDON (AP) -- World stock markets fell Thursday while the dollar strengthened to a three-month high against the euro after the Federal Reserve signaled it would start undoing some of its emergency supports next year as the economic recovery gathers pace. In Europe, the FTSE 100 index of leading British shares was down 64.53 points, or 1.2 percent, at 5,255.73 while Germany's DAX fell 44.15 points, or 0.8 percent, ...
Related contentEuropean Markets Trade Lower
13 hours ago ago from Wall Street Journal
LONDON--European stocks traded lower Thursday, following a broadly flat close on Wall Street and weak Asian shares, after the euro tumbled in the wake of Standard & Poor's downgrade of Greece's sovereign debt rating to BBB+ from A- and warning that a further downgrade could come. The pan-European Stoxx 600 Index was 0.5% lower at 249.85 and the U.K.'s FTSE 100 Index declined 0.4% to 5299.49 points. The DAX dropped 0.2% to 5891.24 points in ...
Related contentNev. jobless rate drops to 12.3 percent in Nov.
26 minutes ago ago from U.S. News
Nev. jobless rate drops to 12.3 percent in Nov. CARSON CITY, Nev. (AP) -- Nevada's unemployment rate fell for a second consecutive month in November to 12.3 percent from a revised 12.9 percent in October, mainly because of a shrinking work force, state officials said Thursday. About 161,000 Nevadans were actively seeking work last month, the report said. "On the surface, the decline in the rate is a positive sign, indicating the recession ...
Related contentAsian Stocks Hold Steady and Dollar Rises
18 hours ago ago from The New York Times
TOKYO The dollar hit a three-month high against the euro on Thursday and Asian shares were broadly steady after the Federal Reserve voiced some optimism about a stabilizing economy. The Fed on Wednesday left the benchmark interest rate near zero as expected and reaffirmed the rate will be low for some time. It also reminded markets that it will let most of its special liquidity expire by early next year. The dollar's gains have been ...
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