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March 18, 2011
More dollars and selling yen. this will weaken the yen. he also says its not clear how much money is involved. the central banks usually dont reveal that immediately. now, lets take a look at how the markets have reacted to this news out of the g-7 on this friday session. this is japans benchmark index. it closed up 2.7%. which is good news compared to the losses it took earlier this -- right now on "american morning," rebels in libya now have backup, the world. theyre digging in their heels f...
March 16, 2011
Japans benchmark index made a slight recovery on wednesday. andrew stevens joins us from cnn hong kong to break down the numbers and offer perspective on all of this. andrew, the silver lining here is at least there wasnt a third straight day of deep drops. thats right, errol. yesterday there was panic in the market. all traders were saying they were dumping stocks indiscriminately. saw it down 14.5% yesterday. we have to go back to the last big stock market crash, the real crash of 1997 to se...
March 15, 2011
Your stock markets, later on today. in terms of where were seeing the big losses coming through, obviously a lot of it is centered around japan. the nikkei which is the benchmark index, down more than 10%. lost more than 10% of value following losses yesterday. this isnt just on the back of the earthquake and tsunami, it is now adding into that weve got this fear of just how serious the nuclear situation could get. other asian markets were also weaker, and european markets are weaker this hour. ...
January 23, 2011
Something to grow your money. >> and specifically, this is the part youre not going to like so much, getting the performance of the benchmark index. im not talking about shooting the lights out. im talking about getting the performance of the s&p 500 or the dow or whatever your benchmark is over time. you know what, if you do that, youre ahead of 90% of people. >> yes. and those benchmarks historically do quite nicely. >> yeah. >> theyll return 10% or more in the average year over time. thats fi...
January 22, 2011
Something to grow your money. >> and specifically, this is the part youre not going to like so much, getting the performance of the benchmark index. im not talking about shooting the lights out, im talking about getting the performance of the s&p 500 or the dow or whatever your bench mark is over time. you know what, if you do that, youre ahead of 90% of people. >> and those benchmarks historically do quite nicely. >> yeah. >> theyll return 10% or more in the average year over time. thats fine. ...
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Investors hate more than uncertainty but the political crisis in berlin seems to have been of little interest to german shareholders the countrys benchmark index actually rose in mondays session on the back of strong economic data but analysts say its far too early to be complacent. confidence in germanys political system and its booming economy are reassuring to many who look at the current impasse but theres trouble ahead if uncertainty lingers businesses want to belittle investors need certai...
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Another european airline bites the dust the u.k.s monarch is grounded leaving one hundred thousand passengers stranded around the world. and u s president on a trump is threatening foreign companies with import tariffs in a bid to preserve u.s. jobs but foreign companies like b.m.w. who are providing jobs there are also in danger well tell you why. welcome to your business i want to get germans in berlin while spanish stocks sank today as investors try to gauge the political consequences from su...
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Wall street closed sharply on monday after markets in europe dropped 2% for a range of reasons. europe has been moving to new lows and meanwhile, greek debt yields obviously a key measure of confidence in the greek economy and its ability to conquer crisis. those hit highs. standard & poors issued a warning on italys credit rating. spanish voters gave their government a drubbing in rejecting mat drid governments handling of the countrys economic problems and then just what european business need...
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Yen is weakening. lets mention something that could be affecting the euro. the countrys food.net in portugal. moodys is cutting the ratings of seven portuguese banks one to two notches per bank and, of course, theres been a lot of concern about the sovereign debt. lets look at the euro. 1.6340 and the jp currently trading at 85.09. that drop comes on the back of the fact that japan will continue to weaken the policies. that still wasnt enough to lift the benchmark index. the nikkei lost a thir...
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