European stocks rose in early trade on Friday
Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Friday, 8 April 2011 10:58
European stocks rose in early trade on Friday, off the back of the European Central Bank’s decision to raise interest rates helped fuel optimism over the health of euro zone economy. The FTSE, DAX, CAC and IBEX were all up over 0.75% in early trading.
Treasuries fall for the third week in a row
Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Friday, 8 April 2011 10:47
For the third week in a row treasuries fall. This is due to the expectations that the FED will raise interest rates by year end to control inflation.
The euro sold off from highs
Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Friday, 8 April 2011 08:21
The euro sold off from highs after the European Central Bank’s widely expected interest rate rise and a broad sell-off in the yen stalled.
Australian stocks rose 0.3 percent
Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Friday, 8 April 2011 08:20
Australian stocks rose 0.3 percent to close at a fresh six-week high, following a 10 percent rally from a low in mid-March, with investors focusing on health care stocks and gold miners.
Asian stocks consolidated Friday
Last Updated on Wednesday, 20 April 2011 01:54 Written by MegatraderFX Friday, 8 April 2011 08:19
Asian stocks consolidated Friday, edging up despite a strong aftershock that jolted northeastern Japan, the region that endured vast destruction following a major earthquake last month.





