Friday, September 3, 2010

Your 10-Second Guide To What Happened Overnight

Rose moderately, but China was hit by bank concerns. Markets appear to have cheered yesterday's U.S. rally. Techs outperformed while there was weakness in Chinese financials. Mainland Chinese stocks lagged the region with China's CSI300 marking a slight loss for the day.

China Securities Journal warned that four out of five of China's largest banks reported increases in special-mention loans according to the Wall Street Journal.

China's Vanke, the largest residential real estate developer, reported that sales doubled in August year-over-year. The stock started strong, but then slumped in late-trading. China's Poly Real Estate fell yet again. Thus all is not well in Chinese property.


EUROPE: Already moving higher, looking for cues from the U.S.. A European central bank governor has said that the economy will be 'okay' in the third quarter. Romania's PM will remove his economic and finance ministers, as he struggles to survive from criticism of his efforts to push through austerity measures. It's a message to all of Europe -- you can say you plan to fix the budget, but it doesn't mean you can, politically.

Overall, however, today's U.S. jobs report is likely to be the focus.


MACRO: Gold inching higher above $1,250. The Baltic Dry spiked over 3%. Newbbuilding inquiries are picking up after a summer slump. Perhaps the BDI rebound is getting people more interested.


U.S. FUTURES: Are fighting around the baseline. Watch for the payrolls report at 8:30 AM ET and the ISM Non-Manufacturing Index at 10:00 AM.

No comments:

Post a Comment


Accident Additional Affect air force one airphil express Asbestos Attorney Washington austin texas criminal lawyer auto insurance automobile Awareness b2k bank of america bank of america online bank of america online banking sign in Barry basic of car insurance Biggest Books Breast burning man burning series california lemon law lawyer Cancer car free insurance online quote car insurance car insurance in hawaii Car Parts Car Rental Cars cars online Caryn Horwitz Case Charges Charity cheapest choice chris stokes christina hendricks Measurements Citigroup Claims Comics Common comparison Consumers Counsel Coverage Critical Current cy waits cy waits net worth cy waits photo cy waits wiki Death disney cars Donate Donations Driving electric cars Enough erin andrews erin andrews video Everyone Factors farfar dansar gammal vals freedom come freedom go georgia car georgia car accident lawyers glen beck glenn beck glenn beck kennedy center glenn beck rally glenn beck restoring honor glenn beck streaming Hagman health Health Care Healthcare Helps Honigsberg hosting hurricane hurricane earl hurricane earl 2010 hurricane earl projected path hurricane earl track Improve Information Insurance Insure Interesting Investments kaksee kingoloto Larry laurence fishburne daughter Legacy Liability looking Loses Manilow marques houston maserati granturismo megyn kelly melanie oudin Mercedes Mesothelioma mesothelioma attorney Million mistakes Money More Music Must my camp rock 2 Needed Nopalea omaha nighthawks Options Organizations Over patty patty mega Peter policy Problems Programs purchase car insurance online Quotes Raise Reckless rednex Rental restoring honor rally Review School Scotia se farfar dansar gammal vals text SelfEmployment Shortages should Skilled Splits Storms Student Summer Sunday Surprising Texas Through tips to buy car insurance Travel true blood season 3 episode 12 två mörka ögon ugal Understand Vegas vehical insurance Washington yha
اخبار مصر لحظة بلحظة