Archive for March, 2011

Despite rising oil prices equity markets have remained fairly resilient in today’s day trading session, despite initially opening lower. The Libya rumour mill has been in full flow with talk that Colonel Gaddafi may be looking to expedite an exit route from the country has seen oil prices slip back a little in the...
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UK markets spent most of today’s day trading session in positive territory today in anticipation of a positive US payrolls report. While the numbers broadly came in much as expected equity markets have started to roll over on the back of some disappointment that the headline number wasn’t higher than the 195k reported as...
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Talk of some form of peace deal being considered by the Arab League to prevent further escalation in Libya, along with some positive company updates, has seen equity markets push higher in today’s day trading session with commodity and oil stocks leading the main gainers. Positive earnings data has also boosted sentiment with the...
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European indices have continued their softer theme from the previous session, dragged down by a toxic combination of higher crude oil prices, which is in turn driving higher inflationary pressures and concerns about growth prospects in the global economy. This has hit the usual suspects and more cyclical sectors like commodity and resource stocks...
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Equity markets had initially been fairly well supported in the morning session on the back of some fairly good economic data out of Europe, however markets have started to slide back as oil prices started to edge back higher, and Bernanke started his afternoon testimony to the US Senate Banking committee. It appears that stocks...
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