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21 Nov 2008 key Daily London Outlook
The Dow Jones finished below 8000 points yesterday, the first time in more than five and a half years. Fears about the future of the auto-industry and financials dragged stocks lower.
20 Nov 2008 key Daily London Outlook
Despite teetering above 5-year lows during the session US equities managed to eek out a late rebound. The Dow Jones closed +1.83%, while the S&P ended +0.89%.
19 Nov 2008 key Daily London Outlook
The US equity market finished lower last night on global economic woes, the Dow Jones finished down 224 points amidst continued concern over consumer spending (the discounter Target producing disappointing ...
18 Nov 2008 key Daily London Outlook
European equities are set to open lower this morning after Wall Street fell late on Friday after weak US retail sales data. News this morning that the Japanese economy is the latest to join in the G7 ...
17 Nov 2008 key Daily London Outlook
European equity markets are expected to open higher this morning following a late turn around in the US saw the Dow Jones finish 553 points (6.7%) higher.
14 Nov 2008 key Daily London Outlook
Asian equity markets fell sharply overnight, as commodity stocks were hit by the continued fall in the oil price, while banking shares also suffered.
13 Nov 2008 key Daily London Outlook
Fears over global growth dragged equity markets lower yesterday, with the Dow Jones finishing 177 points down and Asian markets generally following the US lower.
12 Nov 2008 key Daily London Outlook
Equity markets look set to open lower this morning after the initial euphoria after China's stimulus package rapidly wore off under pressure of economic fundamentals.
11 Nov 2008 key Daily London Outlook
European bourses are expected to open strongly higher this morning after China unveiled a $586 billion stimulus package. Investment is scheduled in 10 areas including housing, rural infrastructure and ...
10 Nov 2008 key Daily London Outlook
The US equity market finished 5% lower yesterday on the storm clouds gathering over the world economy. The IMF yesterday released an update of their October forecasts that saw downgrades to the world ...
6 Nov 2008 key Daily London Outlook
With considerable downward momentum in the US economy, it's not clear that the clear victory for President-elect Barack Obama and the Democrats will make much difference to the evolution of the economy ...
5 Nov 2008 key Daily London Outlook
The US equity market ended yesterday only a fraction lower, despite an ISM manufacturing that was well below expectations. Asian markets were mixed, with the Nikkei catching up on gains in the rest of ...
4 Nov 2008 key Daily London Outlook
Expectations of aggressive central bank easing this week helped spur equity markets overnight. With Japan on holiday, the Hang Seng took up the running, closing 3% higher.
3 Nov 2008 key Daily London Outlook
As expected, the BoJ cut interest rates overnight, with the target rate falling by 20bps to 0.3%.
31 Oct 2008 key Daily London Outlook
Wall Street closed slightly lower as the Fed's anticipated decision to cut rates left some worried about US economic momentum. Not only did the Fed cut by 50bps in line with market expectations, but with ...
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