Jump to content

IDS World Markets Mon 17th August 09


Recommended Posts

  • Replies 81
  • Created
  • Last Reply
Posted

t?s=^AORD

 

 

Choppy trading so far. All Ords -0.6% led by Financials -1.6% followed by Miners -0.8% and Materials -0.7%. At the green end, Telecomms +1.1%, Gold +1% and REITS +0.6%.

Posted

w?s=^AORD

 

 

A continuation of Friday's downtrend. All Ords closed -1.5% with Miners in the downside lead, -3% followed by Materials -2.9% and Financials -2.5%. There were a number of minor greens: Consumer Staples +0.6%, Healthcare +0.5% and Telecomms +0.4% were the best performers.

 

Major red in Asia: China -5.8%, Honkers -3.3%, India -2.6% and Nikkers -3.1%.

 

 

On to UK/Europe:

 

Footsie

 

image;size=239x110

 

 

DAX

 

image;size=239x110

 

 

CAC 40

 

image;size=239x110

Posted

Japan Economy Grows 3.7%, Emerges From Worst Postwar Recession

 

Aug. 17 (Bloomberg) -- Japan’s economy emerged from its deepest postwar recession as exports and consumer spending rebounded. Stocks fell on concern the recovery won’t last.

 

Gross domestic product expanded at an annual 3.7 percent pace in the three months to June 30, the first growth in five quarters, following an 11.7 percent decline in the first three months of the year, the Cabinet Office said today in Tokyo. The median estimate of 22 anal cysts surveyed by Bloomberg News was for 3.9 percent growth.

Posted

U.K. Home Sellers Lower Asking Prices by Most in Eight Months

 

Aug. 17 (Bloomberg) -- U.K. home sellers lowered asking prices in August by the most in eight months as banks kept up the squeeze on credit, Rightmove Plc said.

 

The average cost of a home fell 2.2 percent to 222,762 pounds ($367,808) after gaining 0.6 percent in July, the owner of the U.K.’s biggest residential property Web site said today in a statement. Prices in London dropped 3.8 percent.

 

Consumers, with record debts of 1.5 trillion pounds, are also struggling with existing mortgage payments. Bradford & Bingley Plc, the biggest lender to U.K. landlords before it was taken over by the government, said last week the proportion of mortgages in arrears more than doubled in the first half.

Posted

healthy lil' 20-pernt hair trim fer bully on his spoozer crapcommon fraudex

 

no worries

 

whip out them dongs

 

good luck

 

bullphoria ain't pretty when reality strikes

Posted
U.K. Home Sellers Lower Asking Prices by Most in Eight Months

 

Aug. 17 (Bloomberg) -- U.K. home sellers lowered asking prices in August by the most in eight months as banks kept up the squeeze on credit, Rightmove Plc said.

 

The average cost of a home fell 2.2 percent to 222,762 pounds ($367,808) after gaining 0.6 percent in July, the owner of the U.K.’s biggest residential property Web site said today in a statement. Prices in London dropped 3.8 percent.

 

Consumers, with record debts of 1.5 trillion pounds, are also struggling with existing mortgage payments. Bradford & Bingley Plc, the biggest lender to U.K. landlords before it was taken over by the government, said last week the proportion of mortgages in arrears more than doubled in the first half.

ouch! :mellow:

Posted

And for those who like paying commissions...

 

Shorter term mechanical chort-o-later.

 

Stop @ 1031.50

 

Entry @ 930.25

 

Target @ 898.50 [bwa ha ha, ha ha -- quietly.]

post-2117-1250498670_thumb.png

That's about 100 points down from current levels...

 

Bull market?

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...