Stock futures rose Thursday after a new batch of upbeat earnings and a modest drop in jobless claims renewed some optimism about the economy.
Stock futures rose Thursday following further signs that Europeaposs economy is bouncing back faster than expected.
Stock futures climb following strong earnings globally, drop in jobless claims
Meanwhile, the yen's 11 percent rise this year has depressed Japanese equity valuations, with stocks trading at the cheapest relative to expected earnings since December 2008. With uncertainty rife about how much The Australian dollar was a big mover on the day, rising as high as 0.9237, the highest since May. Australian employment in August was surprisingly strong, lifting the stock market .AXJO and knocking bond futures lower. "It's good news in a sense it means
U.S. stock futures are trading a little higher but paring its gains ahead of this morning's Weekly Initial Claims Report. This report, the first U.S. jobs data since last Friday's Non-Farm Payrolls Report, may provide more evidence about Most of the damage to the Dollar was done earlier in the session, however, following a strong Portugal Bond sale and amid better news out of Canada and the U.K. Greater demand for riskier ets as evidenced by the strong rise in U.S.
NEW YORK MarketWatch -- U.S. stock futures resumed a strong advance Wednesday after a report from ADP showed that the private sector shed 10000 workers in August, with the data coming two days ahead of the government's closely watched Shares of Joy Global Inc. NASDAQJOYG rose 1 in premarket trade after the mining-equipment manufacturer lifted its earnings outlook. Borders Group Inc. NYSEBGP shares lost nearly 2 in electronic trade after the book seller
Meanwhile, the yen's 11 rise has battered depressed Japanese equity valuations, with stocks trading at the cheapest relative to expected earnings since December 2008. With uncertainty rife about how much more the yen's climb has to run, investors were Australian employment in August was surprisingly strong, lifting the stock market and knocking bond futures lower. It's good news in a sense it means household income and spending will probably grow, Michael Blythe,
Oil is the commodity that drives the global economy so you can well understand the effect of rising oil prices on the global economy. However, there are four currencies that show quite strong correlation with gold and oil and are therefore popularly called commodity currencies. When the stock markets crashed in the mie of 2008, most of the hedge funds had to liquidate their investments in crude oil futures to cover the redemption pressure on them.