Traders fearful as contagion worries linger
Mon, 08 Feb 2010 22:12:31 GMT
Global Markets Overview: Fears over the possible fall-out from the Greek debt crisis weigh, as worries over eurozone periphery curtail appetite for risk
Wall Street sinks on sovereign debt fears
Mon, 08 Feb 2010 22:20:05 GMT
US stocks closed at the lowest level since November last year after lingering concerns over sovereign debt in the eurozone overshadowed encouraging corporate results
Traders make $8bn bet against euro
Mon, 08 Feb 2010 19:03:16 GMT
Data from the Chicago Mercantile Exchange show net short positions against the single currency rising from 39,500 contracts to 43,700 contracts, equivalent to $7.6bn
Lloyds falls to seven-month low ahead of equity issue
Mon, 08 Feb 2010 20:57:47 GMT
The group missed out on the rally in London, as traders sold the stock in anticipation of a debt-for-equity swap this month
Overseas investors rush for Japanese assets
Mon, 08 Feb 2010 18:15:42 GMT
Japan has seen net inflows from mutual funds this year, while markets including the US, China and Hong Kong have experienced net outflows
Chinese IPO sentiment worsens
Mon, 08 Feb 2010 19:10:47 GMT
Market participants are now scaling back their expectations for Hong Kong and mainland China’s IPO market in 2010, predicting a year of volatility
Dollar benefits as haven from sterling
Mon, 08 Feb 2010 22:23:25 GMT
The pound suffered after weekend polls suggested that the next UK general election would result in a hung parliament, boding ill for the widening budget deficit
China’s power needs fuel rise in coal prices
Mon, 08 Feb 2010 22:28:37 GMT
Mining group Xstrata forecast that the market will remain robust, as Beijing and Delhi’s growing import requirements support demand
Aker Solutions dented by contract woes
Mon, 08 Feb 2010 20:32:14 GMT
Engineering company slides up to 8.5 per cent after losing out on $1.2bn contract to supply oil platform for Eni’s Norwegian Goliat development
Sovereign debt fears blunt risk appetite for Asia
Mon, 08 Feb 2010 17:53:00 GMT
Stocks in the region sink to four-month lows as Japan’s Nikkei 225 Average drops below 10,000,dragged lower by downbeat earnings news