Once again, it has paid handsomely to follow the investment genius of Japanese housewives. When currency markets gyrated to the hollering over carry trades at the end of February, Mrs Watanabe used the temporary jump in the yen to top up on foreign currency denominated assets.
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Asian markets advanced strongly Monday, with Japanese stocks lifted by exporters like Toyota and Canon, while Hong Kong’s benchmark index jumped 2.1 percent. Markets in Australia, China, Indonesia and South Korea all closed at record highs.
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We are set for quite a busy session today, and U.S. futures are pointed higher with a zeal for positive territory…(Read More)
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Shares of aQuantive and other Web advertsing outfits gained Monday in the wake of the search engine’s pricey acquisition of DoubleClick
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The Dow held onto a near 100-point gain as the stock market eased slightly in early afternoon after posting strong gains straight after the open, fueled by a solid start to the earnings season and deals for Sallie Mae and DoubleClick.
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Viragen said it has completed a $3 million private placement offering, which netted it about $2.9 million after fees and expenses.
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There’s no shortage of movers this morning, as shown by the gappers list below. We’ve got a 0.5% gap up working on the NASDAQ. That should be enough to close the February gap and put it around that nice round number of 2,500. Normally I’d expect a number like that to […]
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Cymbalta drives the pharma giant to beat expectations in Q1.
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? Euro Eyes 2004 High ? Japanese Yen Fails to Hold Gains ? British Pound 2007 High ? Swiss Franc Breaks Short Term Resistance ? Canadian Dollar Challenges 1.1300 ? Australian Dollar Breaks 1990 High ? New Zealand Dollar 50 Pips From 2005 High
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The dollar gave up more ground to the euro, which climbed to within one cent of its all-time high, and the pound neared $2 Monday. Movement against the dollar could drive up the price of exports and tighten the pinch for travelers to Europe just as the tourist season approaches.
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