Opening a live account is easy. Simply fill out the online account opening form to start the process.
Markets rallied in a volatile session $HPQ:xnys $BAC $DIS
Last Updated on Friday, 04 November 2011 09:24
- Markets rallied in a volatile session overnight as investors were encouraged by comments that the Greek referendum may not go ahead. Also surprising markets was the 0.25% interest rate cut by the ECB overnight with new ECB President Mario Draghi stating that the Eurozone could enter into a ‘mild recession’
- US stocks rallied led by the energy and industrials sector despite a weaker than expected Services report. Weekly jobless claims were also better, all eyes now turn to tonight's Non Farm Payroll data
- Kraft rallied 3.3% after it boosted its earnings forecast, cosmetics giant Estee Lauder Cos rallied 18% after it increased its dividend and announced a 2 for 1 split of the stock. Other stocks that led the Dow higher were HPQ, BAC and DIS up 3.59%, 2.83% and 2.82%
- Dow Jones +1.76% S&P500 +1.88% NASDAQ +2.20%
- EUR rallied on increased risk appetite despite surprise rate cut making a 1.3854 high, AUD rallied pushing to a high of 1.0445
- Gold rose 1.4% on I/R cut and Crude rose 1.6% as confidence grows
Published by Spectrum Live Pty Ltd | www.spectrumlive.com
- Download your FREE Trading Software - Demo
- Download your Best Online FX Trading Software - Live
| Tweet |
|
Live Account Opening
Demo Account Opening
Download your trading software and start trading your demo account TODAY.