Tuesday, February 5, 2013

Aussie Print 29 Month Low After Retail Sales Data

Aussie Print 29 Month Low After Retail Sales Data. Aussie scored a new low in 2013, last at 1.0346, following weak retail sales in Australia, with AUDNZD seen at 1.2256, a new 29-month low, with New Zealand markets were closed for a holiday. Australia retail sales data for December showed a decrease of 0.2% based on the base monthly, coming from the previous 0.1% decline and the decline was revised down to -0.2%, making it the data continues to fall in the fourth month in a row. With a focus on Australian jobs data, which likely will be disappointing unemployment data, the chances of rate cuts in March meeting increasing, following the statement of the RBA considered disappointing the market. Aussie is currently stuck in the low 1.0340, down 0.27% while AUDNZD so far until this week.

Support nearest recorded on July 26, 2010 low at 1.2206, followed by the July 2010 low at 1.2096 figure, and the low April 2009. For the rising movement, nearest resistance is low weekly on Monday at 1.2278, followed by a session low of 1.2311 and a number of London on a weekly high yesterday at 1.2424.

Review Wall Street : Corporate Actions Index Restore

U.S. stock market (U.S.) closed higher on Tuesday (05/02), in line with the transfer of investor attention to corporate news. The Dow Jones Industrial Average rose 0.7% to 13,979.30, the S & P 500 and Nasdaq each reap gain 1% and 1.2% to a level of 1,511.29 and 3,171.58. The Dow had several times approached but failed to penetrate the psychological 14.000 level. Bank of America into blue chip stocks with the best performance last night. While strengthening technology stocks more affected by the news of Dell's buyout of shares valued at $ 24.4 billion. When eventually completed, the purchase of shares of Dell stock buyout would be the largest in the history of Wall Street. The Hewlett Packard's shares jumped more than 2% after it emerged the assumption that computer manufacturer Dell is ready to target consumers during the transition of ownership later.

Shares of the two layers that look impressive on Tuesday was the cable network operator Virgin Media, which grossed over 17% gain. The company confirmed the approach by Liberty Global shares in the takeover attempt. While McGraw Hill shares dropped about 10% after the Justice Department dropped the lawsuit against its subsidiary, S & P, related to the 2008 financial crisis. Some stocks attract investors thanks to the sentiment of each. BP today confirmed the payment of a fine of billions of dollar due to Gulf of Mexico oil spill case. However, the stock still rose more of1%. UBS posted a loss of $ 2 billion due to the payment of fines eroded by scandals Libor. The Swiss banking giant also limit executive bonuses in the $ 1.1 million or half of the previous bonus.

Shares of Yum! Brands fell 3% in one day after a decrease profit target for the year 2013 which was triggered by a decline in selling power in China. Mastercard shares rose nearly 1% thanks to news of plans buyback program and increased its quarterly dividend to 60 cents per share. Baide shares slumped by 10% as analysts in the market worried about the company's surge in operating costs. While Disney and Zynga shares also rose in after-hours sessions related to the financial performance of each.

Hang Seng Rebound Thanks to the Banking Sector

Hong Kong stocks rose on Wednesday moved from the fall that occurred in the previous session, with positive movement of the U.S. and European markets helped lift the performance of the banking sector to move up. The Hang Seng Index rose as much as 0.6% to 23,276.06 after falling as much as 2.3% in the previous session, while the Hang Seng China rose 0.8% to 11,907.34. Shares of HSBC Holdings PLC and Bank of China Ltd. each rose 1.1%. Among stocks with many diverse business interests, shares of Swire Pacific Ltd rose 1.3%, Hutchison Whampoa Ltd. rose 1.2% and shares of Wharf Holdings Ltd. rose 1.5%. Shanghai stock index rose 0.1% to 2,436.16 in the midst of hectic action of choppy trading, after opening down before.

Liberty Global Ready to Buy Virgin Media

Liberty Global Inc. said that the company is ready to buy stocks pay television and telecommunications UK, Virgin Media Inc. in a cash and stock valued at $ 23.3 billion. The agreement has a value of approximately $ 16 billion. Virgin shareholders will receives approximately $ 17.50 in cash and shares of Liberty Global A and C for each shareholder. The company said that the offer would have a value of $ 47.87 for each share Virgin and a 24% premium to the closing share price of Virgin on February 4. Liberty said the deal would create a company communication becomes the largest, with 25 million customers in 14 countries. Once the deal occurs, approximately 80% of revenues from Liberty will come from the UK, Germany, Belgium, Switzerland and the Netherlands.

Higher Nikkei Streaking With The weaker yen

Japanese stock indexes regained his strength in early Wednesday, with the return to the weak yen and strong during this earnings report from Toyota Motor Corp. are powering the index, with leading automotive manufacturers reinforcement. The Nikkei rose as much as 2.3% to 11,304.77, erasing the previous session's fall as much as 1.9%, while the Topix index gained 2.2%. After starting the day with hectic buying, shares of Toyota moves rallied 4% as investors welcomed the strengthening of experienced stock to rise in quarterly profit by 23% an increase in annual profit forecast.

Reinforcement is also accompanied by Mitsubshi Motors Corp. shares, which rose 5.1% and shares of manufacturer Subaru, Fuji Heavy Industries Ltd., which jumped 6%. The rate of exchange occurs when the yen against the dollar moving in figure 93.87, its highest level since early May 2010, with shares of technology exporters also increased the stock price significantly. Happen overnight rally related comments from Shirakawa who intends to resign from his position as governor of the Bank of Japan.

Hang Seng opened Gains 0.6%, China Banking Uplifted

Hong Kong stocks opened higher Wednesday as strengthening China's banking sector helped the index rebound from one-month closing low in the previous session. The Hang Seng Index is ready to open up 0.6% at 23,292.40 points. The index for Chinese companies listed in Hong Kong rose 0.7% indicated. The second index on Tuesday closed at its lowest level since January 8.

Nikkei Jumps 2% Post-Signal Shirakawa Resignation

Stock market index rose 2.1% Wednesday, helped by a weaker yen sharply after Japan's central bank governor, Masaaki Shirakawa who decided to resign three weeks sooner than scheduled. The decision may be to advance a step more aggressive monetary policy. Prime Minister Shinzo Abe has urged the Bank of Japan or BoJ to undertake immediate measures to lift the economy and make it clear that it requires a more nimble to realize these steps. Nikkei raced 228.93 points to 11,257.85, while the Topix index rose 2% to 959.02.

Asian Stock Gains Related Data Europe

Asian stock markets move recovered Wednesday as strong European data easing concerns that the political tensions that could potentially undermine the efforts of the solution to the crisis in Europe, while the outlook comments from BOJ Governor Yen weakens. The MSCI Asia Pacific excluding Japan moved up 0.3% after falling 0.8% the day before. When prices close higher, trading takes place when paa investors trying to make a profit, but analysts and traders said the fall is considered as an opportunity to buy back in the market. Australia's shares surged 0.8% and South Korea's stock market rose 0.3% after falling for four consecutive days within 2 months of the closing Tuesday. The data indicated Tuesday that the U.S. services sector continued expansion over three years in January, while business activity in Europe, data Markits European PMI, rose to a 10-month high in January.

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