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| | | ... IRESS data. Big market sectors such as industrial stocks (up 0.43 per cent), materials stocks (up 0.24 per cent) and financials (up 0.23 per cent) were also in positive territory. Telecoms were down 0.4 per cent. The bright start on the overall market ... |
| | | | "C'mon baby light my fire..." That exactly was what European Central Bank (ECB) President Mario Draghi did when he spoke at the Global Investment Conference in London last night. Read his lips: "To the extent that the size of these sovereign premia ... |
| | | | Uh-oh, looks like the EU has not kicked that pestering debt crisis can far enough down the road. Wasn't it only a few days ago (last Friday) that they approved Spain's a,-100 billion bail? And not even a month has passed since their announcement of ... |
| | | | Well that didn't last long, did it? Europe's back in the headlines and suddenly headlines are back digging all the big, bad news that's out there. On the same day that the EU formally approved Spain's a,-100 billion rescue package to recapitalise its ... |
| | | | The times, they are a-changin' - or more accurately, market sentiment is. The glass is no longer half-empty, it's half-filled and if leaks again, the Fed will be there to top it up. So half-full that our very own S&P/AX 200 index surged by more than ... |
| | | | What's wrong with this picture? "Investors pushed stocks sharply higher, erasing all of July's losses, as investors reacted to strong corporate earnings and continued hopes for central-bank intervention." Nothing it seems. It sounds oh, so rationale. ... |
| | | | Move on people, get going, nothing to see here. Wall Street went home happy last night despite Uncle Ben's much-anticipated semi-annual testimony before the US Senate's Committee on Banking, Housing, and Urban Affairs being a non-event - a maintenance ... |
| | | | "I'm in a place where I don't know where I am!" -Homer Simpson I have to give it to Homer. He cut to the chase and burped out what every economist and financial market expert are afraid to admit these days - that we simply don't know. Ergo (sounds sophisticated ... |
| | | | The bulls - already dwindling in numbers by the day - must now be starting to find religion as the only means of delivering them from eternal damnation - in the financial sense, of course. For this time, Virginia, the sky does really look like it's ... |
| | | | ... particularly attractive, Haywood said, GAM are currently looking at financial company bonds despite the fact that globally financials are under stress. "We believe that financial bonds offer quite good value at the moment," he added. |
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