US Markets

Thursday, 31 March 2011 11:58

Equities: Dow -0.2%, S&P -0.3%, Nasdaq -0.5%, SOX +0.1%, VIX 19.4 (+9%) Volumes: NYSE $21.3bn (-8%), NASDAQ $11.9bn (-16%), CHINA $43.6 (+17%) Bonds/FX: 10-yr note 3.43%, 30-yr bond 4.49% DXY 76.2 (-), Yen 81.7, EUR 1.4077 Others: Oil $103.7 (-), BDIY 1585 (=), CRB 354.86 (-1.3%), Gold $1420 (-)A After yet another valiant attempt to […]

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Euroland

Thursday, 31 March 2011 11:54

Bank of Ireland slid 11% amid speculation the government may be forced to take a controlling stake following tomorrow’s stress tests. After European markets closed, it has been revealed that three of Ireland’s biggest banks may have to raise a combined 9 billion euros ($12.7 billion) in capital.

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Market Overview

Thursday, 31 March 2011 11:47

US stocks rose, the S&P500 1Q rally is the largest since 1998, and the recent rebound to near year highs has everyone suggesting it is recovery time. Yet there has been a drop in volatitily and this tells you that there is no conviction.

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HK OVERNIGHT RESULTS:

Thursday, 31 March 2011 10:52

Daphne 210 HK Upgrade to OW: Favourable risk-reward – BoCom 3328 HK OW: Concerns removed… time for the stock to react – Baosteel 600019 CH OW: FY10 result inline, 2011 outlook positive – Intime OW: Results beat, SSSG momentum to accelerate

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