Showing posts with label U.S. inflation. Show all posts
Showing posts with label U.S. inflation. Show all posts

Tuesday, July 17, 2007

FTSE weighed by miners, worries over US economy

(Reuters) - Britain's top share index fell on Tuesday as miners suffered downgrades and investors braced for U.S. inflation data after fresh fears over the subprime mortgage market fuelled concerns about the state of the world's largest economy.

Investors were also unsettled by a UK inflation report that showed price pressures remained strong, stoking fears of higher interest rates.


Read more at Reuters Africa

Sunday, June 17, 2007

Asia stocks hit record high after U.S. rally

(Reuters) - The yen plumbed a record low against the euro, still feeling the effects of comments from Japan's central bank governor on Friday that reduced expectations for a rise in interest rates in July.




The dollar stayed at a one-week low against the euro after the U.S. inflation report, underpinning spot gold , which rose to a 1-½ week peak above $656 an ounce, while oil held firm amid supply worries at a time of peak summer gasoline demand in the United States.


Read more at Reuters.com Hot Stocks News

Friday, June 15, 2007

Turkish Stocks Rally, Led by Garanti, Isbank: World's Biggest Mover

(Bloomberg) -- Turkish stocks gained for a third
day, lifting the ISE National 100 Index to its biggest gain in
more than a month, after a report showed U.S. inflation remained
in check.

Turkiye Garanti Bankasi AS and Turkiye Is Bankasi AS paced
the advance.


Read more at Bloomberg Stocks News

US STOCKS-Futures rise on Intel upgrade; CPI on tap

(Reuters) - NEW YORK, June 15 - U.S. stock futures signaled a
higher open on Friday, with technology shares likely to
underpin gains after a broker upgrade of Intel Corp. ,
but investors were cautious ahead of key U.S. inflation data.




Intel shares jumped 2 percent in electronic trade after
Goldman Sachs raised its rating on the chipmaker, a component
of the Dow Jones industrial average , to "buy" from
"neutral."


Read more at Reuters.com Bonds News