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Showing posts with the label 09 April

ADVFN II World Daily Markets Bulletin, 09 April, 2013.

ADVFN I I I World Daily Markets Bulletin Daily world financial news Tuesday, 09 April 2013 US Market Stocks Nearly Flat After Initial Upward Move After moving higher at the open, stocks have given back some ground over the course of early trading on Tuesday. The major averages have pulled back well off their highs for the young session. Currently, the major averages are nearly flat, showing moves of less than a tenth of a percent each. While the Dow is up 0.12 points at 14,613.60, the Nasdaq is down 0.63 points at 3,221.62 and the S&P 500 is down 0.69 points at 1,562.38. The initial strength on Wall Street was partly due to a positive reaction to Alcoa's quarterly results, as the aluminum giant released its results after the close of trading on Monday. Alcoa reported first quarter adjusted earnings that rose to $0.11 per share from $0.10 per share in the year-ago quarter, coming in above analyst estimates for $0.08 per share. At the s

Decline In German Exports Exceeds Forecast On Weak Eurozone Demand: Forex Top story by RTTNews, 09 April, 2013.

Forex Top Story Decline In German Exports Exceeds Forecast On Weak Eurozone Demand German exports contracted at a faster-than-expected pace in February as deep recession in the euro area weighed on demand for goods from the largest economy in the bloc. Exports of goods declined a calendar-and-seasonally adjusted 1.5 percent month-on-month to EUR 90.4 billion in February, after rising 1.3 percent in January, the Federal Statistical Office said Tuesday. Developing Asia To See Pick Up In Growth; Recovery Vulnerable To Shocks: ADB The Asian Development Bank said Tuesday that growth in Developing Asia will likely rebound this year, driven by growing private consumption and intra-regional trade, but warned the recovery faces considerable risks from economic developments in the US and Europe. ADB expects the region to grow by 6.6 percent in 2013. European Economics Preview: German Foreign Trade Data Due Germany's foreign trade and U.K. indust

ADVFN III Morning Euro Markets Bulletin, 09 April, 2013.

ADVFN I I I Morning Euro Markets Bulletin Daily world financial news Tuesday, 09 April 2013 London Market Report FTSE 100 Euronext Dax perf CAC 40 Please click on the images to view our interactive charts London open: Mining stocks boosted by Alcoa, Chinese inflation Market Movers techMARK 2,360.64 +0.40% FTSE 100 6,319.55 +0.68% FTSE 250 13,565.08 +0.31% The FTSE 100 opened strongly on Tuesday, taking its cue from a decent finish on Wall Street after bellwether Alcoa reported better-than-expected profits in the first quarter, kicking off earnings season with a bang. Profits from the aluminium producer rose 59% year-on-year despite a slight drop in metals prices and a fall in revenue. Speaking to CNBC after the results, Chief Executive Klaus Kleinfield said: "I'm relatively optimistic that 2013 is going to be better than 2012." Banking giants JPMorgan Chase & Co and Wells Fargo & Co will also relea