aussiebear Posted April 7, 2008 Report Share Posted April 7, 2008 http://finance.yahoo.com/intlindices Link to comment Share on other sites More sharing options...
aussiebear Posted April 7, 2008 Author Report Share Posted April 7, 2008 http://money.cnn.com/markets/morning_call/ http://www.kitco.com Energy futures Currencies/Au/Ag Link to comment Share on other sites More sharing options...
aussiebear Posted April 7, 2008 Author Report Share Posted April 7, 2008 It's the end of daylight saving for Oz today although Yahoo hasn't quite caught up. The market looking dodgy today. All Ords +0.2% and the only sector doing well is the Miners, +3%. Energy is next, +1.6%. Financials is still hurtliing south, -2.9% with the remainder of the sectors showing minor gains or losses. The big miners having another up day: BHP +3.4%, RIO +3.2% and most the golds are moving along steadily: Newcrest +3.2%, Newmont -0.6% and Lihir +2.3%. Juniors flat to down. Oils are up: Woodside +1.8%, Santos +0.7% and Caltex +3.7%. Link to comment Share on other sites More sharing options...
aussiebear Posted April 7, 2008 Author Report Share Posted April 7, 2008 A roller coaster day but it could be part of a consolidation at the highs on the 5-day chart. All Ords closed +0.4% with Miners continuing their run to finish +4.4%. Conversely, Financials slid on regardless, closing -3.4%. Massive rises on the big 2: BHP +5.1% and RIO +4.6%. Golds also firing on all cylinders, Newcrest +5.3%, Newmont +0.4% and Lihir +3.8%. Juniors mixed. In the oils, Caltex was the only one to maintain momentum, +6.9%, Woodside +0.4% and Santos +0.6%. Over in Asia, China had a solid rise, +4.4%, India doing ok, +2.3% and Nikkers came in +1.2%. Over to UK/Europe: http://finance.yahoo.com/intlindices?e=europe Link to comment Share on other sites More sharing options...
aussiebear Posted April 7, 2008 Author Report Share Posted April 7, 2008 ANZ Increases Bad-Debt Provisions to A$975 Million April 7 (Bloomberg) -- Australia & New Zealand Banking Group Ltd. increased bad-debt provisions by 71 percent, joining Commonwealth Bank of Australia in predicting rising defaults this year as higher interest rates curb economic growth. The Melbourne-based bank, the country's third largest, set aside about A$975 million ($895 million) in the six months ended March 31 to cover potential non-performing loans, compared with A$567 million for all of fiscal 2007, it said in a statement today. ANZ closed -6.6%, guess that's the end of the dead cat bounce.... Link to comment Share on other sites More sharing options...
aussiebear Posted April 7, 2008 Author Report Share Posted April 7, 2008 China National Signs Agreement With Syria to Build Oil Refinery April 7 (Bloomberg) -- China National Petroleum Corp., the nation's largest energy company, will help build an oil refinery in Syria, expanding its investments in the Middle Eastern country beyond exploration. An agreement was signed with the Syrian Ministry of Petroleum and Mineral Resources to form a venture to build a 5- million-metric ton-a-year plant in eastern Syria, the Beijing- based state-owned company said in a statement on its Web site. Syria is building refineries to more than double the country's oil processing capacity from 220,000 barrels a day. Link to comment Share on other sites More sharing options...
aussiebear Posted April 7, 2008 Author Report Share Posted April 7, 2008 China, New Zealand Sign Trade Deal BEIJING (AP) -- China and New Zealand signed a sweeping free trade agreement Monday, the rising economic giant's first such pact with a developed country. New Zealand Prime Minister Helen Clark, who attended the signing with Chinese Premier Wen Jiabao, said the agreement is the result of three years of negotiations. The deal goes into effect on Oct. 1, pending ratification by New Zealand's Parliament. It calls for eliminating tariffs on 96 percent of New Zealand's exports to China over time, according to a New Zealand government statement. The island country of 4.1 million people said it hopes the agreement will make it a long-term trade partner with China and its population of 1.3 billion, the world's largest. Under the agreement, 31 percent of New Zealand's exports to China will be tariff-free by 2013. Tariffs on dairy products, a big New Zealand export, will take longer to phase out, but almost all of the country's current exports to China will be tariff free by 2019. Link to comment Share on other sites More sharing options...
DrStool Posted April 7, 2008 Report Share Posted April 7, 2008 Good Morning! Welcome to Intraday Stool! Thanks to aussiebear for her daily opening! You can join the discussion by registering (PG rated user names only, please) and posting here as well. Registration is easy. Just click the Register link above, enter your email address (which you have the option to keep confidential), and enter a user name. To keep out spammers and scammers, I'll send you an email with a few Monty Python type questions. Just reply with your answers, and I'll approve your registration as soon as I receive your reply. Unfortunately, due to the barrage of spammers using Gmail and certain European email providers, including yahoo.co.uk, we cannot process any registrations associated with a gmail address. In that case please use the email address from your isp, or some other provider. If you have questions about how to register and post, use the Help link in the menu bar at the top of the page. If you know others who might be interested in joining us, use the email to a friend link above the thread. Many tanks for joining us! Doc Try the Professional Edition risk free for thirty days. If, within that time you don't find the information helpful, I'll give you a full refund. It's that simple!Click here for more information. Subscribe to the Wall Street Examiner Professional Edition Precious Metals Daily, just $39 quarterly. Try it risk free for 30 days! Get this indispensable daily analysis and support the Stool! Link to comment Share on other sites More sharing options...
BusKow Posted April 7, 2008 Report Share Posted April 7, 2008 News service - no link... Alcoa (AA) throws out the first pitch of earning season after the close on Monday. The aluminum giant is expected to report first quarter EPS in the 45-cent-to-50-cent range, compared with 75 cents in the same period last year. Other companies set to report this week include Sealy Corp. (ZZ), Bed Bath & Beyond (BBBY), Circuit City Stores (CC), Progressive (PGR), Genentech (DNA) and General Electric (GE). Link to comment Share on other sites More sharing options...
DrStool Posted April 7, 2008 Report Share Posted April 7, 2008 Isn't it wonderful to wake up in the morning look at the market action from overnight and see that all is right with the world. It's a wonderful day! So, we open at the highs, sell off until around 10:30, go back up and retest the highs around 12:00 and then we'll see what this rally is made of. Link to comment Share on other sites More sharing options...
BusKow Posted April 7, 2008 Report Share Posted April 7, 2008 4/7/2008 9:04:59 AM E*TRADE (ETFC) rose in pre-market, up nearly 4 percent. The climb came after announcing the addition of Frederick Kanner to its board. Link to comment Share on other sites More sharing options...
BusKow Posted April 7, 2008 Report Share Posted April 7, 2008 4/7/2008 9:14:21 AM Citigroup © climbed in pre-market trading, up nearly 3 percent. The advance came after Discover Financial Services (DFS) signed a deal with the company to acquire Diners Club for $165 million. Link to comment Share on other sites More sharing options...
bondtrader Posted April 7, 2008 Report Share Posted April 7, 2008 Isn't it wonderful to wake up in the morning look at the market action from overnight and see that all is right with the world. It's a wonderful day! So, we open at the highs, sell off until around 10:30, go back up and retest the highs around 12:00 and then we'll see what this rally is made of. 656444[/snapback] da bears need to ive up then we go down. max pain i guess. Link to comment Share on other sites More sharing options...
BusKow Posted April 7, 2008 Report Share Posted April 7, 2008 4/7/2008 9:17:32 AM Keryx Biopharmaceuticals (KERX) announced that it is implementing a strategic restructuring plan to reduce its cash burn rate and re-focus its development efforts. Link to comment Share on other sites More sharing options...
potatohead Posted April 7, 2008 Report Share Posted April 7, 2008 does anyone have any information on how to buy or what are the cusip or description for owning Swiss or Canadian government bonds, especially inflation index...thanks I can not seem to find anything. Link to comment Share on other sites More sharing options...
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