Gold futures on the COMEX Division of the New York Mercantile Exchange ended much lower on Monday, as the U.S dollar strengthened and reduced gold's appeal as an alternative asset. Silver and platinum both retreated. The most active gold contract for August delivery lost 11.1 dollars, or 0.
07.13.2010| Breaking News, Market Report | TonyLiu
No CommentsInternational stock markets were quiet Monday, as of 22:40 last night, the Dow Jones index fell 10.07 points to 10,187.96 provisional points, it was reported that its registration of a record 10,198.03 points up 59.04 last Friday, the index rose 5.3% last week, it was the best performance of a singl
07.12.2010| Market News, Market Report | TonyLiu
No CommentsAs more properties become foreclosed amid a continuing financial crisis, Los Angeles city officials Saturday urged responsible banks to prevent foreclosed properties from falling into disrepair. Banks will be fined if they fail to take good care of the foreclosed homes they own, City Counc
07.12.2010| Market Report | TonyLiu
No CommentsU.S. stocks closed higher Thursday，the first time jobless claims last week fell more than expected, sales of some retailers in June strong growth, it enhanced investors’ confidence. EST at 16 o'clock on the July 8, the Dow Jones industrial average rose 120.64 points to close at 10,138.92 points
07.9.2010| Breaking News, Market Report | TonyLiu
No CommentsAll three of Detroit's carmakers, which reported U.S. sales numbers in June on their website on Thursday, failed to match their May sales figures. General Motors Co. sold 195,380 in June and 223,410 in May. Ford Motor Co. sold 170,900 in June compared to May's 196,671. Chrysler Group LLC so
07.5.2010| Autos, Market Report | TonyLiu
No CommentsISM said that the Chicago purchasing managers index (PMI) in June lower 59.1, the figure is slightly higher than 59.0 which is the average forecast of the economists accepted the surveyed of Thomson Reuters, PMI above 50 indicate growth in the manufacturing sector is still in the state. In the su
06.30.2010| Market Report, US Market | TonyLiu
No CommentsU.S. payroll services provider: Automatic Data Processing Inc. (ADP) released a jobs report showed that private-sector jobs in June increased by only 13,000, and May's figures raised from the 55 000 to 57 000. The average estimate of June is that the total U.S. non-farm employment will drop 110,0
06.30.2010| Market Report, US Market | TonyLiu
No CommentsBritish Petroleum shares fell by 9% in London on June 25th, it makes shrinking market rate of the company has expand. Since the oil spill in the U.S. Gulf of Mexico, BP's share price had fallen by more than 100 billion U.S. dollars. Nomura Holdings in its latest research report that the financing c
06.28.2010| Breaking News, Market Report | TonyLiu
No CommentsStock price of Universal Health Services fell 1.3% , Standard & Poor's rating agency downgraded its debt to junk status, and said that the upcoming 20 million purchase transactions will be a significant impact on its financial position. European stock markets closed higher Monday, cars and comm
06.28.2010| Market Report, US Market | TonyLiu
No CommentsRestart the RMB exchange reform is undoubtedly the most important macro-event last week. In the eyes of many people , the RMB appreciation should not be a bad thing to the United States, but unfortunately it is not agreed by the two major investment markets in the U.S. with stock market crash, while
06.27.2010| Breaking News, Market News, Market Report, US Market | TonyLiu
No CommentsU.S. stocks tumbled last week, S & P500 index opened at 1122.79 points, the highest reached 1131.23 points, the lowest get 1067.89 points ,but closed at 1076.76 points finally, the whole week were down 40.75 points, 3.65% cumulative drop. Same period, the Dow Jones Industrial Average fell 2.94%,
06.27.2010| Market News, Market Report, US Market | TonyLiu
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