Showing posts with label Global Outlook. Show all posts
Showing posts with label Global Outlook. Show all posts

Global Outlook Dec 04 2011

Posted by StockplusIndia | 12:14 AM | | 0 comments »


Global Cues:

U.S. and European stocks resumed their rally in the first trading session of 2011 on Monday on stronger global manufacturingdata, while oil rose as the outlook for growth increased optimism about demand.


US Market :

U.S. Treasuries prices fell as the data -- including a pickup in U.S. manufacturing growth last month -- suggested the economic recovery continues to gain momentum, encouraging investors to take on more risk

The three main U.S. stock indexes jumped more than 1 percent on Monday following the data

European Market:

In Europe, the FTSEurofirst 300 index .FTEU3 of top stocks unofficially closed 0.9 percent higher at 1,131.59 on a broad rally, led by construction and industrial shares. Trading was thin, with markets closed in Britain and parts of Asia.


Asian Market :

China's factory inflation slowed in December, removing some pressure from the Chinese central bank to slow down the economy.

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