Showing posts with label U.S. inflation. Show all posts
Showing posts with label U.S. inflation. Show all posts

Sunday, June 17, 2007

Asian Stocks Rise for Third Day on U.S. Inflation; Toyota, Samsung Gain

(Bloomberg) -- Asian stocks rose for a third day
after a measure of U.S. inflation cooled and the yen weakened
against the dollar and euro, helping improve earnings prospects
for the region's exporters.

Samsung Electronics Co. and Toyota Motor Corp. led
technology companies and automakers higher. BHP Billiton Ltd.
climbed to a third straight record after metals prices advanced.


Read more at Bloomberg Stocks News

Friday, June 15, 2007

Chile stocks again close at record; peso gains

(Reuters) - The all-market IGPA index rose 0.16 percent to
14,651.47 points, while the trade-weighted blue-chip IPSA index
advanced 0.25 percent to 3,380.13 points.




Chilean stocks were bolstered along with global markets by
tame U.S. inflation data on Friday and by the Chilean central
bank's decision on Thursday to hold the benchmark interest rate
at 5 percent.


Read more at Reuters.com Bonds News

Emerging Market Stocks Post Weekly Gain, Advance to Record on Rate Outlook

(Bloomberg) -- Emerging market stocks rose, heading
for their biggest weekly gain since March, as a U.S. inflation
report eased concern that higher U.S. interest rates would decrease
the allure of the riskier equities.

OAO Gazprom, the world's largest natural gas producer, paced
the gains after oil prices hit a nine month high yesterday.
Petroleo Brasileiro SA, Brazil's state-controlled oil company,
surged to a new high. The Morgan Stanley International Index of
emerging market shares rose to a record for a second day.


Read more at Bloomberg Stocks News

GLOBAL MARKETS-Stocks, bond yields rise; yen weak after BOJ

(Reuters) - LONDON, June 15 - Global stocks rose on Friday,
absorbing further gains in U.S. and euro zone government bond
yields ahead of U.S. inflation data, while the yen sank after
the Bank of Japan left interest rates on hold.




Energy stocks outperformed after oil spiked above $71 a
barrel overnight and merger and acquisition speculation buoyed
British retailers after a Qatari investment fund increased its
stake in J. Sainsbury , sending its shares up 5 percent.


Read more at Reuters.com Bonds News