Asian markets up today, the reasons lie in the growth of good reporting companies in the region and expensive raw materials
Jul 31st, 2009 | By admin | Category: News International MarketsEuropean stock markets continued to move upwards. Inspiration continue to make corporate communications, this time the results of companies such as BT Group, Alcatel-Lucent and Volkswagen have exceeded projections, which affected the activities of telecommunications and Automobile sectors. Macro-economic data reinforced the optimism of the European sites. Unemployment in Germany has stabilized slightly, remained the same, while the forecast of the deterioration. Indices of the euro: the mood in the business community, consumer confidence, confidence in the economy, confidence in manufacturing and services sector showed a rising momentum, and most of them have also been better than expectations.
U.S. stock markets to support the opening of the world generally upward, but before closing on the market rolled fixation, which led the indices to retreat from intraday highs. In no small measure contributed to the positive on the markets of financial reports as among the most notable were Tyco International Ltd, AON Corp and Motorola Inc. In addition, Goldman Sachs has raised recommendations on the Securities General Electric Co, which additionally priobodrilo bidders. Data on the number of applications for unemployment benefits in general, coincided with expectations, but the decline in applications has been re-enabling information for purchases, for the speedy recovery of the economy. In addition, statistics has helped to increase prices for raw materials, followed by price of mining stocks and energy companies.
Asian markets up today, the reasons lie in the growth of good reporting companies in the region and expensive raw materials. Limiting factor was the ambiguous statistics from Japan, where a growing manufacturing activity beats antirekordy unemployment and a growing base of deflation.
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