US stocks up in premarket trade »

US stocks up in premarket trade

Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]

Wall St dips after trade, jobless data »

Wall St dips after trade, jobless data

By Chuck Mikolajczak
NEW YORK | Thu Sep 8, 2011 10:08am EDT

NEW YORK (Reuters) – Stocks slipped on Thursday after data showed continued softness in the labor market but a shrinking trade gap, ahead of a speech by U.S. President Barack Obama detailing his plan for jobs [...]

US trade defi cit widens from $39.4bn to $40.4bn in March »

US trade defi cit widens from $39.4bn to $40.4bn in March

News and views
US equities gained and treasury yields gained, but currency and commodity markets wee mixed. The modest lift in optimism seems to have been inspired by Spain’s announcement of spending cuts worth €15bn, with Portugal expected to follow with their own new targets in the next few days. Also comforting was Portugal’s ability to [...]

Trade Gap Widens in the U.K. on Rapid Rise in Imports »

Trade Gap Widens in the U.K. on Rapid Rise in Imports

After the economic recession affected the British economy severely since its start in 2008 causing company’s overseas sales to tumble, thereby resulting in a huge trade deficit, the trade gap widened in March despite recovery in global demand as the rebound in exports was offset by the rise in imports.
In February the trade gap narrowed [...]

eBay shares plunge in Frankfurt trade »

eBay shares plunge in Frankfurt trade

FRANKFURT (Reuters) – Shares in internet auctioneer eBay (EBAY.O) plunged in Frankfurt floor trade on Thursday, after the company forecast results for the remainder of 2010 below Wall Street expectations.

Asian Markets

By 0712 GMT, Frankfurt-listed shares in eBay (EBAY.F) were down 8.1 percent.

“The forecast for eBay fell short of analysts’ expectations,” a Frankfurt-based trader said.

Qualcomm (QCOM.O), [...]

FTSE gains in midday trade (AFP) »

FTSE gains in midday trade 
    (AFP)

LONDON (AFP) – Shares in London rose in late morning trade on Wednesday, the last day of the first quarter, as traders eyed the Easter holiday weekend and upcoming US jobs data.
The FTSE 100, which had slipped at the open, gained 0.24 percent to 5,685.97 points.
Trade has been somewhat subdued before the [...]

Nakheel seen offering sukuk to trade creditors »

Nakheel seen offering sukuk to trade creditors

(Reuters) – Nakheel trade creditors will be offered a large-scale Islamic bond, or sukuk, as part of a debt restructuring plan, a source close to parent firm Dubai World said on Sunday, potentially boosting the region’s sukuk market.
The Dubai government pleasantly surprised the market on Thursday when it offered to pay off Nakheel’s NAKHD.UL [...]

Rare China trade deficit not seen signaling new trend »

Rare China trade deficit not seen signaling new trend

(Reuters) – China will probably run a trade deficit of more than $8 billion in March, state media said on Tuesday, citing Premier Wen Jiabao.
It would be China’s first monthly deficit since April 2004, but is expected to be a one-time blip rather than the start of a new trend for the world’s largest [...]

China denies yuan behind U.S. trade gap »

China denies yuan behind U.S. trade gap

China denies yuan behind U.S. trade gap
(Reuters) – China on Tuesday shunned mounting U.S. demands for a stronger yuan, saying again that its currency is not the cause of its big trade surplus and vowing to keep the currency stable to shore up exports.
Beijing and Washington appear to be locked in a dialogue [...]

FTSE flat in late-morning trade (AFP) »

FTSE flat in late-morning trade 
    (AFP)

LONDON (AFP) –
The FTSE 100 was flat in late morning trade, tracking earlier losses in Asia and overnight on
, amid fresh doubts about the pace of global economic recovery, dealers said.
The benchmark index gained 0.07 percent to 5,319.04 points. It had gained 0.15 percent in opening trade.
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Bernanke is expected to shed [...]