Friday, 30 November 2012

ASIAN STOCKS


 Asian shares edged up on Friday on expectations a deal will eventually be reached to avoid a U.S. fiscal crisis, but investors wary about taking big positions before the year-end were likely to take profits on the rises and buy on dips.

www.globalmountmoney.co


U.S.STOCKS

U.S. stocks climbed on Thursday, but shed some earlier gains, after John Boehner, the top Republican in Congress, poured cold water on hopes that lawmakers were getting closer to cutting a budget deal that would avert a possible recession next year.


www.globalmountmoney.co

U.S.TREASURIES


Benchmark 10-year Treasury notes were trading 6/32 higher in price to yield 1.615 percent, down from 1.635 percent late Wednesday, while the 30-year bond was 10/32 higher to yield 2.789 percent from 2.803 percent.

www.globalmountmoney.co

S&P

The Standard & Poor’s 500 Index gained 6.02 points, or 0.43 percent, to 1,415.95. 


www.globalmountmoney.co

FTSE


The FTSE 100 closed up 1.2 percent, or 67.02 points, at 5,870.30, hitting levels last seen on Nov. 7 and heading for its sixth straight month of gains.

www.globalmountmoney.co

EURO


The euro, which hit a one-month high of $1.3015 on Thursday on optimism a U.S. fiscal deal could be reached, was flat at $1.2978 in early trade.

www.globalmountmoney.co

YEN


The yen fell sharply earlier this month on speculation a change in the Japanese government at a Dec. 16 election would increase the pressure on the Bank of Japan to ease its policy, although some of those expectations are now being pared back.

www.globalmountmoney.co

NIKKEI


The Nikkei advanced 0.7 percent to 9,464.43, trading comfortably above its 5-day moving average at 9,396.75 after moving back and forth between positive and negative territories in early trade.

www.globalmountmoney.co

DOLLAR


The dollar changed hands at 82.13 yen, flat from late U.S. levels. It has been stuck near 82 yen for the past few sessions after its rally had ran out of steam at a 7 1/2-month high of 82.84 last week.

www.globalmountmoney.co

U.S.CRUDE


U.S. January crude was up $1.55 at $88.04 a barrel, 25 cents above the 50-day moving average.

www.globalmountmoney.co

BRENT CRUDE


Brent January crude rose $1.25 a barrel to $110.76 by 1:36 p.m. EST (1836 GMT), topping its 50-day moving average price of $110.58.

www.globalmountmoney.co

OIL


Oil prices rose on Thursday for the first time this week on optimism that U.S. lawmakers will resolve a budget fight to avert an economic slowdown and on increasing Middle East tensions that stoked fear about disruptions to oil supplies.

www.globalmountmoney.co

LME COPPER


Three-month copper on the London Metal Exchange  slipped by 0.28 percent to $7,877 a tonne by 0123 GMT, reversing gains from the previous session when it hit a five-week high. 

www.globalmountmoney.co
0731-6060666    

COPPER


London copper slipped on Friday but was set to finish the month higher on signs a recovery in China's economic growth took root in November, although worries over Europe and the United States kept gains constrained.

www.globalmountmoney.co
0731-6060666    

PLATINUM


Among platinum group metals, platinum was up 0.4 percent to $1,609.49

www.globalmountmoney.co

SPOT PLATINUM


Spot platinum was headed for a rise of more than 3 percent in November.

www.globalmountmoney.co

SPOT SILVER


In other precious metals, spot silver inched down 0.2 percent to $34.14, on course for a monthly gain of 6 percent.

www.globalmountmoney.co

SILVER


Silver rose 1.6 percent to $34.27 an ounce.

www.globalmountmoney.co

U.S.GOLD


U.S. gold was nearly flat at $1,726.50.

www.globalmountmoney.co

SPOT GOLD


Spot gold traded little changed at $1,724.56 an ounce by 0027 GMT, headed for a 0.3 percent monthly rise.

www.globalmountmoney.co

GOLD


Gold traded flat on Friday as uncertainty surrounding the U.S. budget talks kept sentiment muted, while bullion was on track for a 1.6 percent weekly decline – its biggest in four weeks.

www.globalmountmoney.co

U.S.MARKET UPDATE


U.S. stocks climbed on Thursday, but shed some earlier gains, after John Boehner, the top Republican in Congress, poured cold water on hopes that lawmakers were getting closer to cutting a budget deal that would avert a possible recession next year.
The Dow Jones industrial average rose 36.71 points, or 0.28 percent, to 13,021.82 at the close. The Standard & Poor’s 500 Index gained 6.02 points, or 0.43 percent, to 1,415.95. The Nasdaq Composite Index advanced 20.25 points, or 0.68 percent, to close at 3,012.03
www.globalmountmoney.co

Thursday, 29 November 2012

ASIAN STOCKS


Asian shares ended a seven-day winning streak on Wednesday and commodities eased as investors fretted that a lack of progress in talks on U.S. budget woes risked putting the world's largest economy into recession, dragging down global growth with it.

www.globalmountmoney.co

U.S.STOCKS


U.S. stocks rallied on Wednesday after the comments from Boehner turned the market around.

www.globalmountmoney.co
0731-6060666    

U.S.TREASURIES


Benchmark 10-year Treasury notes last traded 7/32 higher in price with a yield of 1.617 percent, down over 2 basis points from late Tuesday and under the 100-day moving average of 1.6495 percent, according to Reuters data.

www.globalmountmoney.co

S&P

The S&P 500  gained 10.99 points, or 0.79 percent, to 1,409.93.

www.globalmountmoney.co
0731-6060666    

FTSE


At the close, Britain's FTSE 100 was up 3.57 points, or 0.1 percent at 5,803.28 points, having hit a session low at 5,755.23, or a 0.8 percent loss, shortly before Boehner's comments.

www.globalmountmoney.co

EURO


The euro fell 0.2 percent to $1.2924, after peaking at $1.3010 on the Greece news on Tuesday, its highest level since Oct. 31.

www.globalmountmoney.co

NIKKEI


The Nikkei had risen 8.8 percent over the past two weeks since the government announced a Dec. 16 election. Japan's main opposition party is forecast to win power, and investors expect it will force the Bank of Japan into aggressive easing.
www.globalmountmoney.co

SILVER


Among other precious metals, silver fell in line with gold but also rebounded off a one-week low at $32.89. It was last traded 1 percent lower at $33.68 an ounce.

www.globalmountmoney.co

SPOT PLATINUM


Spot platinum was down 0.4 percent at $1,601.90 an ounce.

www.globalmountmoney.co

U.S.CRUDE


U.S. crude for January delivery was up 14 cents to $86.64 a barrel by 2357 GMT.

www.globalmountmoney.co

BRENT CRUDE


Brent crude was up 20 cents at $109.71 a barrel by 0113 GMT while U.S. crude gained 13 cents to $86.62 a barrel, following losses in the previous session.

www.globalmountmoney.co
0731-6060666    

OIL


Oil markets have been under pressure due to uncertainty over fuel demand in 2013, as the global economy continues to sputter along.

www.globalmountmoney.co