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Bouncing equities took the oil market to kick off the day on a bright note. Oil prices rose supported by a weaker dollar as concerns over the European banking system eased and investors cautiously bought riskier assets. Jim Ritterbusch, president at Ritterbusch & Associates in Galena, Illinois...

The stocks in Asia like the Japanese Nikkei to closed on a bright note when after fewer-than-expected US job losses in August bolstered optimism that the US economy would not fall back into recession. Kenichi Hirano, operating officer at Tachibana Securities said: "With the Nikkei average...

The US dollar fell against major currencies when positive data around the world soothed worries about the health of the global economy. The euro was seen gaining ground as European shares rose at their fastest pace after fears eased over a renewed global slowdown, another supportive factor for...

The Euro is seen in much doldrums as confusion is surrounding the timing and amount of emergency aid for Greece and this pushed the investors into selling the Euro on Markets were worried whether the euro zone country can avert a debt default.Michael Malpede, analyst at Easy Forex in Chicago...

The Euro is seen in much doldrums as confusion is surrounding the timing and amount of emergency aid for Greece and this pushed the investors into selling the Euro on Monday as markets were worried whether the euro zone country can avert a debt default.Michael Malpede, analyst at Easy Forex in...

Shares were down as there was fall in China and the United States where the financials were terrifically down. Yesterday, the London market was closed for a holiday. Gerhard Schwarz, head of global equity strategy at UniCredit said: "There's been a pull-back in Europe after a good performance...

Shares in US fell after a sharp drop in Chinese equities called into question whether asset prices have raced ahead of an economic recovery. Bruce Bittles, chief investment strategist at Robert W. Baird & Co in Nashville said: "Investors in the United States felt it was important for China to...

US stocks rallied after positive comments by economist Nouriel Roubini on Thursday. Roubini at a Chilien investor's conference in New York, said: "The freefall of the economy has stopped. There is light at the end of the tunnel. And the light at the end of the tunnel for once is not the one of...

Markets shot up again for the fourth day after another round of good earnings news came in from JPMorgan & Chase. Matthias Joerss, head of equity strategy at Sal. Oppenheim Jr. & Cie. in Frankfurt said: "Investors went into the earnings season with very low expectations and are happy to see that...

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I have been trading for a long time now and recently come across a bet called basic bet,which is very interesting.Some of the details of the bet are The bet is called 'Basic Bet', which is easier to place and is more straightforward than bets offered by our competitors. Instead of basing...

There was a fall in the US stocks too due to poor jobs data. Sashe Kostadino, portfolio manager at Shaker Investments in Ohio, said: "Quite frankly, rising unemployment is bad for the entire economy. It's not positive for discretionary stocks. It's not positive for financials because there's...

European stocks rose, with the Dow Jones Stoxx 600 Index rebounding from its first back-to-back weekly declines since March, as health-care and telephone shares gained. The MSCI Asia Pacific Index retreated. Novo Nordisk A/S, the world’s largest insulin maker, climbed 3.3 percent, recovering...

The MSCI Asia Pacific Index sank 1 percent today, erasing an earlier gain of as much as 0.3 percent on speculation that equity sales by Daiwa Securities Group Inc. and Mizuho Financial Group Inc. will dilute shareholder value. Futures on the Standard & Poor’s 500 Index were little changed...

After a five day stint of being low, finally European stocks were seen rising after good economic data came in from the US. The Conference Board's gauge of the economic outllok in the US advanced 1.2 percent after revising to 1.1 percent in April. Another report from the Philadelphia Federal...