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Market News

Location American Market News for 4 July 2014

Waiting for Action on Taxes

Wall Street Journal - 4 Jul 2014 22:58
Tax Report: What to do until Congress deals with expired breaks.
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Market report: Aveva buoyed by bid hopes

Telegraph - 4 Jul 2014 21:16
Market report: Aveva buoyed by bid hopes The engineering software company rose almost 4pc in intraday trade on takeover talk
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The European Banking Authority, or EBA, has advised all European banks against "buying, holding, or selling virtual currencies," until an adequate regulatory regime is in place to prevent the misuse of such currency.
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Matomy revives float plans

Telegraph - 4 Jul 2014 15:46
Matomy revives float plans The Israeli digital advertising company is understood to be selling shares at 227p, giving It a £205m market value
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Dollar Edges Up On Strong U.S. Jobs Report

Forbes - 4 Jul 2014 15:12
Dollar Edges Up On Strong U.S. Jobs Report A better-than-expected U.S. jobs report and a dovish European Central Bank (ECB) injected some life into capital markets yesterday and kept the greenback steady against several currencies, but it will be a quiet holiday-...
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Indian bonds complete first weekly gain in a month before budget The yield on benchmark bonds fell 9 bps this week to 8.66%, the first decline since the period ended 6 June
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Gold ends steady; silver rises on stockists buying

livemint.com - 4 Jul 2014 12:30
Gold ends steady; silver rises on stockists buying Gold of 99.9 and 99.5% purity were unaltered at Rs28,400 and Rs28,200 per ten gram respectively
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Markets today: 5 things you may have missed

Telegraph - 4 Jul 2014 12:17
Markets today: 5 things you may have missed Analysts cheer resolution to Sports Direct bonus saga
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Bharti Airtel gains; RBI allows increase in FII limit Foreign institutional investors can now invest up to 74% in Bharti Airtel under the portfolio investment scheme
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Brent holds above $111, US oil in longest losing streak since 2009 US oil futures are down for a seventh straight day amid expectations of more shipments from Libya and Iran
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Sensex trades flat; metal, capital goods shares fall The metal and capital goods indices were the biggest sectoral losers, down 0.7% each
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Asian stocks, dollar rise on upbeat US jobs data

livemint.com - 4 Jul 2014 05:48
Asian stocks, dollar rise on upbeat US jobs data The jobs data pushed up the benchmark US treasury yield to a two-month high, which in turn burnished the dollar's appeal
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Rupee opens 0.1% higher at 59.69 per dollar

livemint.com - 4 Jul 2014 05:44
Rupee opens 0.1% higher at 59.69 per dollar The rupee strengthens to 59.69 per dollar compared with its Thursday's close of 59.74
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Banks Estimate Exposure From Port Qingdao Fraud

Wall Street Journal - 4 Jul 2014 03:36
Foreign banks at risk to a possible fraud at a Chinese port are tallying up their exposure, with estimates topping $500 million.
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Investors Remain Optimistic Even as Dow Tops 17000

Wall Street Journal - 4 Jul 2014 02:51
Strong news on U.S. hiring pushed the Dow industrials above 17000 for the first time, bolstering the belief among investors that the five-year bull market has more room to run.
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