Global Stocks Higher as Risk Sentiment Improves

The trading week closed on a high as markets ratified the ECB stimulus measures and an improved oil outlook by OPEC sent oil and global stocks higher, boosting risk sentiment. European Stocks Having digested the bold stimulus measures announced by European Central Bank President Mario Draghi, global equities rallied from its initial knee-jerk decline. A strong European trading session saw the […]

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Wall Street Opens Higher Ahead of Fed Minutes

Wall Street opened higher on Wednesday, hoping to secure a third straight day of gains. Oil prices climbed and positive economic data helped push stocks higher. The Federal Reserve’s meeting minutes will be released later this afternoon. In morning trading, the Dow Jones Industrial Average added over 100 points. Goldman Sachs (NYSE:GS) and Boeing (NYSE:BA) gave the biggest boost to […]

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Asian Minors Extend Multi-Day Upward Trend

Minor Asian stock indexes continued to trade up today, extending a multi-day winning streak which indicated optimism in the growing markets despite fears over China and Japan. The JCI in Indonesia rallied 133 points today, up 2.85%. This signals a return in confidence to the Southeast Asian powerhouse after terror attacks and China concerns caused the JCI to tumble earlier […]

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China, Japan in the Red – Japanese Auto Makers Tumble

Chinese and Japanese stocks traded down in the afternoon session today, with the Nikkei closing down triple digits for the day. Several Japanese majors saw stocks shave off significant amounts, with Toyota (TYO:7203) dropping 7.5%, Honda (TYO:7267) sliding 6.11%, and automotive parts manufacturer Denso Corp (TYO:6902) down over 9% as the final bell approached. While the losses are tame compared […]

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