Sunday, December 12, 2010
Surge in global stock markets soaring gold.
<P> The Fed printing money-than-expected global stock markets boomed </ P> <P> Shanghai Composite Index approaching the high point of the current round of rally, the Hang Seng Index hit a nearly 29-month high </ P> <P> local time on November 3 ., the Fed announced the launch of the second round of quantitative easing monetary policy. .Affected by this news, late in the day the U.S. stock market strength, the Dow hit a two-year high. .Asian markets generally rose yesterday. .As the Federal Reserve continues to be debt purchase program to stimulate, 4 New York Stock Exchange main index rose in the previous session to continue after two years of strong gains a new high, as at the close, the Dow Jones index rose 200 points, the three major stock indexes .rose to the level before Lehman bankruptcy. .</ P> <P> Under the arrangement, the Fed will be 8 months since the time the progressive implementation of 600 billion U.S. dollars in the Treasury purchase plan is expected to purchase 75 billion U.S. dollars per month long-term U.S. Treasury bonds. .In addition, the Fed will continue due to the balance sheet and reinvest the principal amount of bonds to buy Treasury's current policy. .</ P> <P> Earlier, Federal Reserve Chairman Ben Bernanke at the Fed released its annual meeting on the implementation of a new round of quantitative easing monetary policy signals. .The Fed announced a new round of quantitative easing monetary policy than the market expected. .Yesterday, the Asia-Pacific stock markets generally rose, with the Nikkei 225 index rose 2.17% to close at 9358.78 points. .Bombay Stock Exchange Sensitive 30 Index surged 2.09% to close at 20,893.6 points, Hong Kong's Hang Seng Index hitting nearly 29 months since a new high. .European stocks opened sharply higher, three major indexes rose more than 1% intraday. .</ P> <P> Yesterday, the Shanghai and Shenzhen stock market opened slightly higher, showing a steady upward trend throughout the day. .Shanghai Composite Index rebounded late in approaching the high point of the current round, and close to the highest point of the day to close at 3086.94 points, Shenzhen Component Index closed at 13,595.73 points, or 1.52%. .</ P> <P> Federal Reserve foreign exchange market instability caused by the quantitative easing policy, the dollar fell against other currencies. .European trading hours yesterday, the dollar index fell below 76 level, hit a low. .The euro broke through 1.4200. </ P> <P> In addition, the dollar-denominated commodity prices continue to rise. .European trading hours yesterday, the international oil price 85 U.S. dollars a barrel level, the international price of gold $ 1,370 an ounce intraday mark a breakthrough. .Some analysts said that with the Fed once again "release on" other countries to be prepared to deal with exchange rate of friction, regulatory and other aspects of long-term hot money ready. .A weaker dollar, inflation, and the three major factors driving growth in demand, commodity prices or will be substantially higher. .(Ng Ka Ming, the Securities Times) </ P> <P> accused the United States was the second quantitative easing global stock market competition carnival </ P> <P> the Fed's "second quantitative easing" won the global investors applauded, but .G20 incur condemning a partner. .</ P> <P> at the 3 end of the meeting on interest rates, the Fed announced the second round of quantitative easing monetary policy before the end of June next year to buy 600 billion U.S. dollars of U.S. Treasury bonds, and retained the option to further expand incentives .. .</ P> <P> the results of the U.S. stock market after the announcement of the interest-rate "jumped" the day the Dow stocks was up 0.2%, to close at new high of more than two years. .</ P> <P> the next day of the Asia-Pacific and European markets, the U.S. will re-open the gates of funds expected to be continuously strengthened optimism, since late October has been suppressed appetite for risk has focused on the outbreak. .</ P> <P> 4 closing, the Asia-Pacific stock markets higher, respectively, on shares and Hong Kong stocks rose 2.2% and 1.6%, at least six months, many markets have reached a new high; European stock markets generally rose after the opening bell at the plate, .Britain, France and the three major stock market rose more than 1.5%. .4, after the opening bell, stocks a "compensatory growth," all three major indexes rose more than 1% in early trading. .</ P> <P> also reproduce the hot commodity. .International oil prices rose more than once electronic trading Thursday, 2%, breaking the 86 dollars, almost equal to early May before the high point. .Gold prices rose more than 3%. .Adjust the dollar hit a new low since. .The dollar index fell 0.8% in early trading in Europe on Thursday, the highest 11-month lows. .</ P> <P> some market participants believe that, given the mid-term elections and the U.S. Federal Reserve interest-rate uncertainty are the two major dust settles, this wave of renewed risk appetite may last for several months, the stock market when the number of positive .. .</ P> <P> But Bernanke may have won the hearts of investors, but lead to criticism of other governments, especially in emerging economies. .American-made excess liquidity, the fundamentals have improved through various channels into emerging markets, to the latter to bring the exchange rate fluctuations, asset bubbles and inflation threats. .4, said Thai Finance Minister, Asian central banks are in close consultation and may jointly take measures to curb hot money. .</ P> <P> emerging economies not only outrage in Japan, developed countries also complained. .4 German Economic Minister, said the U.S. wanted to uncontrolled release of liquidity to stimulate the economy, such an approach is worrying. .</ P> <P> interest-rate meeting on Thursday, the Bank of England and European Central Bank did not immediately followed up the pace of the Fed, but to continue to keep interest rates unchanged and the existing asset purchase program. .(. On. Card) </ P> <P> New York stock market rallied back up to pre-crisis levels </ P> <P> result of the continuing debt by the U.S. Federal Reserve to stimulate purchase program, the New York stock market in the previous 4 .the major indexes trading day rose to two-year high after strong gains continue, as at the close, the Dow Jones index rose 200 points, the three major stock indexes rose to the level before Lehman bankruptcy. .</ P> <P> 3 at the Federal Reserve in its monetary policy meeting has been announced after the market looking forward to the second round of the details of the quantitative easing monetary policy to eliminate the market in the face of uncertainty. .The Fed said it would before the end of the second quarter of 2011 amounted to 600 billion U.S. dollars to buy the long-term U.S. Treasury bonds, government bonds each month to buy the scale of about 750 billion U.S. dollars. .</ P> <P> after the release of the Fed report, the New York stock market for a short profit-taking, but soon resume its rally, the Dow and Nasdaq in the previous day's close co- .station more than two years a new high, and to this rising trend continued into the day. .</ P> <P> in all sections, the benefit from the dollar gains in energy and raw materials sector is most prominent. .In addition, strong retail sales data released the same day, with media reports that Obama agreed to consider extending the tax cuts during Bush's plan, which were propped up on the broader market. .</ P> <P> In this case, although the employment report released the same day less than expected, also failed to stop the stock market rally. .According to the U.S. Labor Department's report, initial claims for unemployment benefits last week, a substantial increase in the number of twenty thousand people, the seasonally adjusted total rose to 45.7 million. .</ P> <P> to the New York stock markets closed, the Dow Jones 30 Industrial Average index over the previous trading day up 219.71 points to close at 11,434.84 points, or 1.96%. .Standard & Poor's 500 index rose 23.10 points to close at 1221.06 points, or 1.93%. .The Nasdaq composite index rose 37.07 points to close at 2577.34 points, or 1.46%. .(. New. China. Net stock index in London rose 4 1.98% </ P> <P> London "Financial Times" 100 stock index rose 4 to close at 5862.79 points compared to the previous day .rose 113.82 points, or 1.98%. </ P> <P> two-day monetary policy meeting, the U.S. Federal Reserve announced a new round of 3 quantitative easing program, in 2011 purchased the second quarter of 6000 .billion in bonds to boost the economy. This is the Federal Reserve in December 2008 to March 2010 between the purchase of 1.7 trillion worth of assets after the second use of quantitative easing measures. In addition, the Bank of England decided to continue 4 .will dominate the interest rates continue to remain at historically low levels of 0.5% unchanged, these factors have contributed to rising stock market. </ P> <P> Man Group hedge fund managers rose to 14.62% of the lead 4 of the London stock market. </ .P> <P> With the weak dollar metal prices, driven in large spikes, resource stocks led the market higher up. Resources shares rose to occupy the top five list for four seats, Shitelata, Europe and Asia .natural resources, Kazakhstan Copper and BHP Billiton rose 6.58% to 7.05% in between. </ P> <P> Qantas Airways passenger plane A380 4 engine failure occurred, aircraft emergency reentry and successful landing in Singapore. And as the plane .Rolls-Royce to provide engines affected shares tumbled 5.04%, the biggest loser the market. </ P> <P> the poor performance of retail stocks, supermarket group Morrison and clothing retailer Next, respectively, .down 3.90% and 2.16%. In addition the previous day's high-tech stock prices Cobham Defense business group also continued decline, stock prices lower again, 1.65%. </ P> <P> day of the two other European markets are also .both rise. Paris CAC40 stock index closed at 3916.78 points, an increase over the previous trading day 73.84 points, or 1.92%. Germany's Frankfurt DAX index closed at 6734.69 points, up 116.89 points the previous day, or .1.77%. (. new. China. Net) </ P> <P> international oil prices continue to be strong </ P> <P> the Fed's monetary easing policy triggered a new round of U.S. dollar lower in international oil prices further 4 .rise. </ P> <P> 3, according to the Federal Reserve's policy announcement, the Fed will be the end of the second quarter of 2011 amounted to 600 billion U.S. dollars to buy the long-term and long-term U.S. Treasury bonds to reduce interest rates to stimulate U.S. economic recovery. .But many economists question the effectiveness of the policy. </ P> <P> the dollar as investors worried about flooding the market, the dollar fell against other currencies, and dollar-denominated commodity prices broadly higher. the international oil price .continuation of the previous session's gains continue to be strong. </ P> <P> to the closing, the New York Mercantile Exchange, light sweet crude for December delivery futures rose $ 1.80 to close at $ 86.49 a barrel. London, North Sea .Brent crude futures rose $ 1.62 to close at 88 dollars a barrel. (. new. China. Net) </ P> <P> multiple positive promotion of the New York price of gold jumped 3.4% </ P> <P> the Federal Reserve .3, weighed on the dollar stimulus package introduced New York Mercantile Exchange gold futures December 4, soared $ 45.5 an ounce, the contract closed at a record high closing price of $ 1,383.1, or 3.4%, after hitting intraday intraday $ 1,384.8 .high point, from October 14 to an intraday record of $ 1,388.1 record high price of only $ 3.3 away. </ P> <P> 3 U.S. Federal Reserve announced the second round of late quantitative easing monetary policy .to the end of June 2011 to buy 600 billion U.S. dollars before the long-term U.S. treasury bonds to stimulate the U.S. economic recovery, the scale than the market had expected 5,000 billion. day, the U.S. dollar against a basket of currencies the dollar parity fell 0.8%. < ./ P> <P> PFGBEST Maikedaili gold analyst, said the Fed's stimulus plan 3 launched the crackdown against the U.S. dollar market is self-evident, but also a distinct increase in inflation expectations, which has a hedge against inflation .and the risk of currency devaluation was positive for gold. </ P> <P> Daley noted that with the mark the peak of gold demand in India Diwali is approaching, the price of gold fell $ 19.3 the previous session, as Indian buyers .provides an excellent opportunity to bargain-hunting buying, but also provide support for the price of gold soaring day. </ P> <P> Daley said last week released the same day the United States increased the number of initial claims for unemployment benefits far exceeded the anticipated increase in investment .by the uncertainty of the U.S. economy, safe-haven buying power to reproduce the high price of gold to hold. </ P> <P> day silver prices strong return of 30-year high, Daley said, 1,400 U.S. dollars mark for the gold challenge just around the corner, but .He predicted Gold Silver even better than market performance. (. new. China. Net) </ P> <P> QE2 set off a global stock index: Quote re-start? </ P> <P> the second time the Fed policy of quantitative easing .(QE2) one, while global investors digested the news side to make a choice in the transaction. all the major markets rose to varying degrees, and the dollar fell at. in all major developed countries have been introduced under the expected easing short-term .liquidity in the stock market will get support. </ P> <P> In Asia, Japan's Nikkei jumped 2.2%, leading the stock market performed well throughout the region. Australia's S & P/ASX200 index rose 0.5%, India's stock market .rose 1.8%. Japanese corporate earnings and QE2 co-led the news yesterday's rally. some of the major manufacturers rose more than 3%. in commodity prices along with the expected weaker dollar, Asian resources sector share prices have started. .</ P> <P> the situation in Europe is also very optimistic about the stock market opened, of which the French stock market rose nearly 2%, some of the major indices in the morning or even create a two-year high. As of press time last night, Beijing time ago, the Financial Times Index .rose 1.74%, Germany's DAX index rose 1.63%. </ P> <P> the United States, before the opening bell on Thursday, despite the employment data is not ideal, but the Dow futures and S & P 500 index futures rose 84 points and 9.5 points .. </ P> <P>, however, continue to spread the money to the U.S. economy, the policy of mass forced a weaker dollar. the QE2 day before the announcement, the dollar was unexpectedly higher, but the formal announcement, the dollar once again show weakness. < ./ P> <P> As of press before Thursday night Beijing time, 1 euro worth $ 1.4247, up 0.9% or so. pound rose 1% against the dollar, the two ratios to 1.6253. while the dollar also fell against the yen, fell by .about 0.6%. </ P> <P> European Central Bank and the United Kingdom, Japan, the central bank will soon be on the Fed's 600 billion U.S. dollars stimulus response. To counter the depreciation of the dollar, the central bank is likely to have come up with quantitative easing .policies to further enhance market liquidity. Analysts said the market rose yesterday, this is the main reason. </ P> <P> However, the long-term trend of the market depends on the QE2 or the ability to truly bring real economic growth. This .also made some investors worried about rising short-term caution. </ P> <P> "QE2 is Bernanke to the U.S. economy to buy insurance, to prevent secondary depression. short-term benefit to the global stock markets, but the medium to long term .the United States might have done too quickly, resulting in other developed countries and emerging market countries, a chain reaction. if countries lack of coordination, so do nothing to change the world economic imbalances. "funding to the U.S. hedge fund asset management company Chairman Mao Bo IsaacSouede .Wednesday, told reporters. </ P> <P> He said the U.S. wants to stimulate the economy with inflation, but China and emerging market countries are concerned about inflation, and therefore contrary to the policy of the United States. These factors combined to exacerbate .uncertainty in the global market. As for the U.S. economy itself, still have to rely on the long term health care reform, tax cuts to restore growth and technological innovation. </ P>.
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