Asia stocks climb as North Korean fears ebb – Nikkei up 0.62%
Published On Tuesday, December 20th 2011. Under Stock Market News Tags: Asia stocks
Asian stock markets rose Tuesday, reversing Monday's heavy selloff stemming from the death of North Korean leader Kim Jong il.
During morning Asian trading, Hong Kong's Hang Seng Index was up 0.70%, Australia's S&P/ASX200 was up 0.19%, while Japan's Nikkei 225 Index was up 0.62%.
On Monday, reports out of North Korea that the country's former leader Kim Jong il had died sparked a selloff amid a fear-based flight to ditch equities and dash for the safety of the greenback.
As the world digested the news and events continued to unfold with relative calm Tuesday, investors tip-toed back into equities markets as Tuesday's session opened in Asia.
In Australia, meanwhile, central bank minutes revealed monetary policy officials cut interest rates recently on fears the European crisis will eventually slow activity worldwide.
Furthermore, European Central Bank officials continued to voice their opposition to quantitative easing, which are asset purchases from banks designed to increase liquidity and ... Read More
U.S. futures higher despite North Korea uncertainty – Dow Jones up 0.42%
Published On Monday, December 19th 2011. Under Stock Market News Tags: Dow Jones
U.S. stock futures pointed to a higher open on Monday, despite concerns of instability in Asia caused by the death of North-Korean leader Kim Jong il.
Ahead of the open, the Dow Jones Industrial Average futures pointed to a rise of 0.42%, S&P 500 futures signaled a 0.53% increase, while the Nasdaq 100 futures indicated a 0.68% gain.
Sentiment was hit as concerns over geopolitical instability in northeast Asia escalated earlier amid uncertainty over the future leadership of North Korea.
Meanwhile, mass credit rating downgrades across the euro zone lingered after Fitch Ratings put six euro zone nations on watch for downgrades on Friday, saying a "comprehensive solution" to the region's debt crisis was "technically and politically beyond reach."
AT&T saw shares advance 0.21% amid talks over potential asset sales as part of the company's efforts to get approval of its USD39 billion purchase of T-Mobile USA have gone cold, according to the Wall ... Read More
European stocks mixed on Kim Jong il death – DAX up 0.06%
European stock markets were mixed to lower on Monday, as investor confidence waned after the announcement of North-Korean leader Kim Jong il's death and amid ongoing concerns of mass downgrades in the euro zone.
During European morning trade, the EURO STOXX 50 eased 0.01%, France's CAC 40 declined 0.24%, while Germany's DAX 30 inched up 0.06%.
Concerns over geopolitical instability in northeast Asia escalated amid uncertainty over the future leadership of North Korea, following Kin Jong il's death.
Meanwhile, concerns over mass credit rating downgrades across the euro zone lingered after Fitch Ratings put six euro zone nations including Spain and Italy on watch for downgrades on Friday, saying a "comprehensive solution" to the region's debt crisis was "technically and politically beyond reach."
Moody's cut Belgium by two notches to Aa3 from Aa1, citing risks to economic growth and the costs of bailouts of banks such as Dexia.
Financial stocks were mixed as ... Read More
3 Ways to Ensure Successful Forex Trading Transactions
Published On Saturday, December 17th 2011. Under Forex Trading, Forex Tricks
So, you are ready to start trading in foreign currencies, but you are looking for some tips on how to make it a successful venture. Well, you have come to the right place. While nothing you do is 100 percent perfect or accurate, there are steps you can take to help increase your chances of successful Forex Trading. The definition of successful Forex Trading, of course, is when you earn a return on your investments.
Only Invest More in Gaining Currencies
One of the first rules in Forex Trading is to invest more money in currencies that are making you money. Avoid putting more money into a losing foreign currency. If the foreign currency is already going down in value, then do not add to your investment loss by putting more of your money into it. Instead, put your money where there is the biggest potential to earn you a profit. In ... Read More





