daily highlights

daily highlights

Daily Highlights: 3.1.2011

  • Australia's central bank keeps benchmark interest rate steady, as expected.
  • China Treasury Holdings rise to $1.16 trillion in December, US data show.
  • China’s PMI fell to 52.2 from 52.9 in Jan - slowest pace in six months.
  • European economy recovers; joblessness below 10% but inflation still above target.
  • Oil trades near one-week low after Saudi Arabia offers to cover supplies.
  • US approves first deepwater drilling in Gulf since BP oil spill.

Daily Highlights: 12.29.2010

  • Beijing city to raise minimum wage 21%; Second move in 6 months amid inflation concerns.
  • Brazil raises duties on China-made baby dolls as Real gains hurt toymakers.
  • China cuts rare earths export quota for 2011.
  • Chinese CEOs reduces support for a stronger yuan as they criticize U.S. monetary easing
  • Euro marks higher after disappointing US economic data, buys at $1.3151.
  • Housing Starts seen rising to three-year high with belated US jobs boost.
  • Oct. Case-Shiller home price down 0.8%; Non-adjusted house prices down 1.3%.
  • Oil trades near 26-month high on Retail sales, supply forecast.
  • Taiwan may increase interest rate to damp prices after countering inflows.

Daily Highlights: 12.23.2010

  • Asia stocks rise for a third day as US growth report bolsters confidence.
  • China believes its foreign trade will grow at a moderate pace next year.
  • Crude oil rises a fifth day after US inventories drop, economy expands.
  • Dubai may sell more assets as $20B in debt comes due in next year.
  • Electronic shipments from Asia to US rose at 15% pace in Oct - less than half the Jan-June rate.
  • Fed may need to trim $600B stimulus as economy grows, Plosser says.

Daily Highlights: 12.20.2010

  • Asian stocks decline on Europe debt concerns, South Korea artillery drill.
  • BOE forecast to raise interest rate within 6 months: Confederation of British Industry.
  • China drugmakers tumble after report medicine prices to be slashed by 40%.
  • China's stocks plunge most in month on North Korea, interest-rate concerns.
  • Crude oil trades near $88 a barrel on bets US recovery will raise demand.

Daily Highlights: 12.16.2010

  • Asian stocks, Copper decline before European debt talks; Treasuries gain.
  • EU faces `gridlock' on debt crisis; agrees on a crisis- management mechanism in 2013.
  • India’s central bank kept benchmark interest rates unchanged after 6 increases this year.
  • Oil falls to near $88 in Asia despite plunge in US crude inventory.
  • Qatar makes $65B bet it can remake economy in World Cup preparation.
  • US foreclosure filings plunge to two-year low as lenders probe practices.
  • AAR Corp beats by $0.07, posts Q2 EPS of $0.42. Revs rose 36.0% to $447M.

Daily Highlights: 12.13.2010

  • Asian stocks, Dollar, copper climb as China refrains from increasing rates.
  • Australia overhauls banking rules; said it would improve banking competition.
  • China pledges to change growth model in 2011, tackle prices, grow quickly.
  • Chinese Premier Wen to visit India in bid to build mutual trust amid disputes over territory, trade.
  • China risks 'rush' to tighten in 2011 after inflation accelerates past 5%.
  • EU leaders set to focus on debt crisis facility as ECB grapples with banks.
  • Euro falls to $1.3202 in morning European trading as EU nations to meet amid debt crisis.

Daily Highlights: 12.10.2010

  • Asian stock markets were mostly lower Friday, on rate hike fears from China.
  • China regulators warn of risk linked to real-estate trusts.
  • China's trade surplus sharply narrowed in November to $22.9B from $27.1B in Oct.
  • India’s factory output grows 10.8%, fastest pace in three months.
  • Italy's Draghi warns of risks in ECB bond buying.
  • Oil rises to near $89 in Asia as traders eye OPEC crude output policy at meeting.
  • US cos held $1.93 trillion in cash and short-term assets at the end of Q3.

Daily Highlights: 12.9.2010

  • Ireland downgraded to BBB+ by Fitch, outlook stable, market yawns
  • Asian stocks, Aussie gain on jobs growth, better-than-forecast Japan GDP.
  • Bank of Korea leaves benchmark interest rate unchanged at 2.5%.
  • EU fines Taiwanese, SKorean LCD panel makers €649M on price fixing charges.
  • India's inflation holds above 'tolerance level,' Indian Central Bank Chief says.
  • Japan’s Q3 GDP grew at an annualized 4.5% - faster than the 3.9% reported last month.
  • Greek loan repayment extension possible in early 2011.
  • More than half of Americans want Fed reined In or abolished: Bloomberg survey.

Daily Highlights: 12.8.2010

  • Asian stock markets mostly lower after muted performance on Wall Street, oil slides.
  • China purchases $3.1B of Japanese bonds as Yen beats Dollar, Euro.
  • Euro slips to $1.3209 amid ongoing worries about eurozone finances.
  • Consumer credit in US unexpectedly increased in October for second month.
  • German exports down 1.1 percent in October following previous month's strong rise.
  • Japan’s October machinery orders fell 1.4% from month before. Cons est. 0.1% decline.
  • Job openings in US increased in October by 351,000 - the most since Aug 2008.
  • Most Asian stocks rise; Won drops on North Korea shelling, Treasuries fall.

Daily Highlights: 12.7.2010

  • Technologies AG, maker of grinding tools, for about $448M.
  • Advantest Corp. makes a buyout proposal to Verigy Ltd. worth nearly $730M.
  • Autoliv has $1B for Japan acquisitions as car production rebounds.
  • AutoZone's Nov. net income rises from $143M to $172M.
  • Bio-Rad announces pricing of public offering of $425M senior notes; to repay old debt.
  • BP said to weigh sale of some North Sea assets to fund Gulf spill clean-up.
  • Dollar General's Q3 net jumped 69% to $128.1M helped by 10% rise in sales to $3.22B.

Daily Highlights: 12.6.2010

  • Bernanke says Fed may take more action to curb joblessness.
  • Euro Finance Chiefs meet today as Belgium seeks bigger crisis fund.
  • Most Asian stocks climb as commodity prices gain; Canon leads drop by exporters.
  • Qatar shares surge to 2-year high on winning World Cup 2022 bid.
  • US, S Korea, in finalizing a sweeping free-trade agreement.
  • White House officials and congressional Republicans closing in on a deal that would extend current income-tax rates for all Americans.
  • BofA says it has met condition of Tarp exit; close to raising required $3B via asset sales.

Daily Highlights: 12.3.2010

  • China calls for tighter monetary policy in 2011 as Beijing fights inflation.
  • Euro steady at $1.3209 in morning European trading.
  • Oil floats near $88 a barrel in Asia as economic indicators encourage hopes for stronger demand.
  • Retail sales in eurozone rose 0.5% in October.
  • Spain to approve measures to calm markets over bailout; may raise tobacco tax.
  • Trichet pressures governments to fix the debt crisis as he buys them time to ax budget deficits.

Daily Highlights: 12.2.2010

  • Brazil’s lower house allows Petrobras to be sole sperator of Pre-Salt Fields.
  • Deficit panel tackles health care costs.
  • ECB to keep unlimited liquidity operations.
  • Gold gained for a fourth day, trading near the highest in almost three weeks.
  • US foreclosure sales fell, discounts rose in 3Q.
  • Acer said it’s aiming to capture 15% of global tablet-computer sales next year.
  • Aegon will cut 400-500 jobs in US, take $290M in charges.

Daily Highlights: 12.1.2010

  • API: Crude inventories down 1.14 mln barrels.
  • Australia’s GDP expanded 0.2% in Q3 - half the pace economists estimated.
  • Bernanke: US growth too slow to dent unemployment.
  • China's official manufacturing PMI rose to 55.2 in November from 54.7 in October.
  • Consumer Confidence in US rises more than estimated to a five-month high.
  • Euro trades near 11-week low as Europe debt crisis prompts risk aversion.
  • Real-estate prices in 20 US cities rose in Sept at the slowest pace in 8 months.

Daily Highlights: 11.30.2010

  • Asian stock markets were mostly lower Tuesday on Europe's debt woes.
  • China central banker: Loose monetary policy must change.
  • Euro-zone economic sentiment indicator rose to 105.3 in Nov from 103.8 in October.
  • Euro drops below $1.30 for first time since mid-September amid sov.debt fears.
  • German unemployment sinks again in November as economic rebound continues.
  • Fed bought $7.226B in Treasury debt on Monday, the tenth operation of QE2.
  • India’s economy grew 8.9% in July-Sept quarter from year ago.
  • Japan Unemployment rises, output falls, showing risk economy may contract.