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Market News Updates
Closing Market Recap: Gushing Oil Prices Overshadow Choppy Stocks and Treasuries
May 09 21:44 GMT, by CEP News
(CEP News) - The seemingly unstoppable march of crude oil continued Friday for the fifth straight day to cap the largest weekly percentage gain in nearly three years. High energy prices have become a major source of concern in equity and foreign exch...
Midday Market Recap: Loonie Soars on Oil Rally and Employment Report
May 09 17:28 GMT, by CEP News
(CEP News) - The Canadian dollar got a boost from a fifth consecutive day of record high oil prices and strong Canadian job growth. Equities are down after Citigroup said it will sell as much as $400 billion in assets and AIG announced plans to raise...
US Economic News
The Week Ahead Canada & U.S.: U.S. Advance Retail Sales, CPI and Housing Starts
May 09 22:21 GMT, by CEP News
(CEP News) - It's going to be a blockbuster week for data in the U.S. with the release of tier one data. Markets will receive April's CPI report, retail sales, import price index, industrial production and capacity utilization, housing starts and bui...
Venezuelan Oil Reserves up 30%, Says Minister Ramirez
May 09 15:06 GMT, by CEP News
(CEP News) London - Venezuela's Oil Minister Rafael Ramirez said late on Thursday that the country's proven crude oil reserves have risen by 30%.
European Economic News
The Week Ahead Europe & UK: UK and European Inflation Reports
May 09 22:03 GMT, by CEP News
(CEP News) - There will be no less than five CPI and three GDP reports for data in the upcoming week in Europe and the UK. Euro zone and UK CPI reports for April will be released on Tuesday and Thursday, respectively, with GDP data concentrated into...
UK Preview: April Producer Prices Likely to Widen Their Margins, Economists Say
May 09 16:25 GMT, by CEP News
(CEP News) London - UK April output producer prices, due for publication by the Office for National Statistics on Monday at 4:30 a.m. EDT, are seen moving further up as manufacturers looked to pass on their sharply higher input costs, economists said...
Market News Recap
Friday's News Recap: Canadian Employment Beats Expectations, Crude Hits $126
May 09 20:58 GMT, by CEP News
(CEP News) - A better-than-expected employment report from Canada and contracting trade deficit in the United States highlighted Friday's economic news as stocks came under pressure due to a poor earnings report from AiG and another day of record cru...
Midday News Recap: Cdn Labour Rises, U.S. Trade Deficit Shrinks, Crude at $126.20
May 09 15:30 GMT, by CEP News
(CEP News) - A better-than-expected employment report from Canada and contracting trade deficit in the United States highlighted Friday's economic news as stocks came under pressure due to a poor earnings report from AiG and another day of record cru...
Asian Economic News
The Week Ahead Japan & Australia: Japanese GDP, Australian Commonwealth Budget
May 09 22:14 GMT, by CEP News
(CEP News) - Japanese GDP figures will be a focus for markets on Thursday. In Australia, the Commonwealth budget to be released on Tuesday will also be a highlight.
Japan's Preliminary Leading Index Drops Below 50 in March
May 09 14:12 GMT, by CEP News
(CEP News) - Japan's preliminary leading economic index, released Friday by the country's Economic and Social Research Council Report, showed that the index fell sharply to 20 in March, down from February's revised reading of 54.5. The reading was in...
Canadian Economic News
The Week Ahead Canada & U.S.: U.S. Advance Retail Sales, CPI and Housing Starts
May 09 22:21 GMT, by CEP News
(CEP News) - It's going to be a blockbuster week for data in the U.S. with the release of tier one data. Markets will receive April's CPI report, retail sales, import price index, industrial production and capacity utilization, housing starts and bui...
Canadian Merchandise Trade Surplus Masks Weakness, Economists Say
May 09 20:49 GMT, by CEP News
(CEP News) Ottawa - Rising energy export prices, which helped push Canada's merchandise trade surplus $1 billion over expectations to $5.5 billion in March, should help nominal GDP growth in the first quarter, but there's little to cheer about in rea...
Australian Economic News
The Week Ahead Japan & Australia: Japanese GDP, Australian Commonwealth Budget
May 09 22:14 GMT, by CEP News
(CEP News) - Japanese GDP figures will be a focus for markets on Thursday. In Australia, the Commonwealth budget to be released on Tuesday will also be a highlight.
Economists Expect RBA Tightening Following Hawkish Monetary Policy Statement
May 09 18:31 GMT, by CEP News
(CEP News) - Economists are concerned that Australian inflation will not return to the 2% to 3% target and that the Reserve Bank of Australia (RBA) will have no choice but to raise interest rates.
Equities Market News

Financial markets are inter-related. That's why stock traders will look at bond market. Commodities traders will watch the forex market closely. Taking a look at what's happening in other markets is also important for every forex traders. Make sure you check out what's happening in the equities market with equities market news everyday before you trade forex. The equities market news below are from various source which would be useful to every forex traders..

Stock Market Rally Boosts Funding Status for Typical U.S. Pension Plan, According to BNY Mellon Asset Management

Mon, 5 May 2008 12:32:00 GMT from Yahoo! Canada
Rising Assets More than Offset Increase in Liabilities PITTSBURGH, May 5 /PRNewswire-FirstCall/ -- The stock market rally in April drove a 1.5 percent improvement in the funded status of the typical U.S. pension plan, according to BNY Mellon Asset

Interest rates set to climb back, taking resource stocks with them: CIBC World Markets

Mon, 5 May 2008 12:30:00 GMT from Yahoo! Canada
TORONTO, May 5 /CNW/ - CIBC (CM: TSX; NYSE) - 'Unrelenting pressure' on food and energy prices will reverse the direction of interest rates in the next 12 months, and lift energy and materials stocks to new record highs, notes a CIBC World Markets

Electronic threat to bourse deals

Mon, 5 May 2008 12:24:00 GMT from Thomson Merger News
Extract not available.

Bay Street Stocks Looks To Extend Big Gains From Previous Session - Canadian Commentary

Mon, 5 May 2008 12:05:00 GMT from RTTNews.com
Extract not available.

Bourse to continue recovery

Mon, 5 May 2008 12:04:00 GMT from The Australian
THE Australian stock market is tipped to continue its recovery today, opening as much as 50 points higher, after US labour market figures eased fears of a deep downturn there. Locally, investors this week will be tuned to the Reserve Bank of Australia's

Nordic American Tanker Shipping Ltd. (NYSE: NAT) - Announces Dividend and Earnings in respect of the

Mon, 5 May 2008 12:04:00 GMT from Ein News
Extract not available.

Dollar, global stocks lose ground after Friday gains

Mon, 5 May 2008 12:04:00 GMT from Ottawa Citizen
Extract not available.

Dollar, global stocks lose ground after Friday gains

Mon, 5 May 2008 11:57:00 GMT from Reuters Canada
LONDON (Reuters) - The dollar and European stocks weakened slightly on Monday in holiday-thinned markets while euro zone government bonds rose after positions became oversold following Friday's better than expected U.S. employment data. Oil prices were

Wall Street seen lower after Microsoft drops Yahoo bid

Mon, 5 May 2008 11:57:00 GMT from Yahoo! Canada
FRANKFURT (Reuters) - Stock index futures pointed to a weaker opening on Wall Street on Monday, with Yahoo Inc (NasdaqGS:YHOO - News) in focus after Microsoft Corp (NasdaqGS:MSFT - News) walked away from its $47.5 billion bid for the Internet search

Stocks head for lower open after Microsoft pulls Yahoo bid

Mon, 5 May 2008 11:56:00 GMT from Yahoo! Canada
Stock futures lower after Microsoft withdraws Yahoo bid, investors await service sector data NEW YORK (AP) -- Wall Street headed for a lower open Monday, with investors downbeat about Microsoft Corp. withdrawing its bid for Yahoo Inc. over the weekend.

Yahoo shares fall 21 percent after Microsoft deal exit

Mon, 5 May 2008 11:56:00 GMT from Yahoo! Canada
NEW YORK (Reuters) - Shares of Yahoo Inc (NasdaqGS:YHOO - News) tumbled 21 percent in pre-market trade on Monday after Microsoft Corp (NasdaqGS:MSFT - News) withdrew its $47.5 billion takeover offer for the Internet search and media company. The decline

Bay Street Stocks Looks To Extend Big Gains From Previous Session - Canadian Commentary

Mon, 5 May 2008 11:53:00 GMT from Nasdaq
(RTTNews) - Canadian stocks will look to carry over positive momentum from the previous two sessions Monday morning, but early signals are mixed as Bay Street could take direction from south of the border, where news that Microsoft has walked away from

Resource stocks bounce back across Asia as commodities rally

Mon, 5 May 2008 11:49:00 GMT from MarketWatch
HONG KONG (MarketWatch) -- Asian markets began the week on a positive note, as investors bought into resource stocks such as China's Zhongjin Gold Co. as well as Australia's BHP Billiton and Woodside Petroleum on hopes that commodities prices may be

Hulbert on Street's coming attractions

Mon, 5 May 2008 11:48:00 GMT from MarketWatch
ANNANDALE, Va. (MarketWatch) -- We're likely in the weeks and months ahead to see more of the strength that the stock market exhibited on Thursday, when the Dow Jones Industrial Average ($INDU:$INDUNews, chart, profile, moreLast: Delayed quote

Top Rocket Stocks for Week of May 5

Mon, 5 May 2008 11:33:00 GMT from TheStreet.com
But before we get to , let's take a quick look at how fared. Flowserve FLS: Up more than 12% at one point during the week, and ending the week with a 9% gain. The company posted positive earnings results and raised its 2008 profit guidance. bebe stores

Asia: Stocks Mixed on Quiet Action

Mon, 5 May 2008 11:33:00 GMT from TheStreet.com
The Hang Seng finished 57 points, or 0.2% lower, at 26,183.95, but mainland-listed A shares rose after local news reports that CITIC Securities and Haitong Securities will be permitted to offer margin financing and short-selling facilities to domestic

NYSE Euronext Business Summary For April 2008 - Cash Equities Volumes: +39% In Europe, +24% In The U.S. Y-T-D - Derivatives Volumes: +34% In Europe, +66% in the U.S. Y-T-D - New NYSE Arca Pricing Leads To 1.2% Market Share Gain Of Nasdaq-Listed Issue

Mon, 5 May 2008 11:33:00 GMT from Mondo Visione
-- NYSE Euronext's European cash exchanges experienced continued growth, with average daily volume of 1.4 million transactions(1) per day, up 17% compared to April 2007, and a total year-to-date volume increase of 39%. Additionally, Euronext registered

Malaysian shares close mixed after profit-taking pares key index gains - UPDATE [XFNA]

Mon, 5 May 2008 11:06:00 GMT from Aastocks.com
KUALA LUMPUR (Thomson Financial) - Malaysian shares closed mixed in quiet trade on Monday, with news of Malayan Banking's (Maybank) plan to acquire a big stake in a Pakistani bank providing some support but not enough to fuel a broad market rally. Gains

Asian stocks higher on easing U.S. recession fears; Hong Kong turns lower UPDATE [XFNA]

Mon, 5 May 2008 11:06:00 GMT from Aastocks.com
HONG KONG (Thomson Financial) - (Updated with closing figures throughout) Asian stocks were mostly higher Monday, with Australia and Shanghai tracking gains on Wall Street on Friday as a better-than-expected U.S. jobs report boosted optimism that the

JSE opens higher on Wall Street

Mon, 5 May 2008 11:03:00 GMT from I-Net-Bridge
By Tiisetso Motsoeneng South African stocks were sharply higher in early trade today following Friday's gains on Wall Street, in what traders said will be a catch-up session following the long weekend break. Markets were closed on Monday, Thursday and

S.African bourse gains over 2 percent as miners rise

Mon, 5 May 2008 10:59:00 GMT from Reuters South Africa
JOHANNESBURG (Reuters) - South Africa's blue chip Top-40 index climbed over two percent on Monday, helped by stronger resource stocks. The Top-40 index rose 2.36 percent to 29,352.19 points at 1006 GMT, while the broader All-Share index was 2.07 percent

SAfrican bourse gains over 2 percent as miners rise

Mon, 5 May 2008 10:59:00 GMT from Reuters South Africa
JOHANNESBURG, May 5 (Reuters) - South Africa's blue chip Top-40 index <.JTOPI> climbed over two percent on Monday, helped by stronger resource stocks. The Top-40 index rose 2.36 percent to 29,352.19 points at 1006 GMT, while the broader All-Share index

Startech Environmental CEO Interviewed by Wall Street Transcript

Mon, 5 May 2008 10:52:00 GMT from Earthtimes.org
WILTON, Conn., May 5 /PRNewswire-FirstCall/ -- Startech Environmental Corp. (BULLETIN BOARD: STHK) , a fully reporting, Award-winning Environment and Energy Company today announced that the Company's president and CEO, Joseph F. Longo, was interviewed by

Most Asian markets rise after holidays

Mon, 5 May 2008 10:51:00 GMT from AP via MSN Money
BANGKOK, Thailand (AP) - Most Asian markets rose in post-holiday trade, with analysts in China saying growing confidence in the economy there and official support for share values had boosted sentiment. The benchmark Shanghai Composite Index gained 1.8

Dollar, global stocks lose ground after Friday gains

Mon, 5 May 2008 10:51:00 GMT from Washington Post
Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain 'signatures' by someone other than the actual author will be removed.

NYSE Euronext Business Summary For April 2008 - Cash Equities Volumes: +39% In Europe, +24% In The U.S. Y-T-D - Derivatives Volumes: +34% In Europe, +66% in the U.S. Y-T-D - New NYSE Arca Pricing Leads To 1.2% Market Share Gain Of

Mon, 5 May 2008 10:50:00 GMT from Ein News
Extract not available.

Nordic American Tanker Shipping Ltd. (NYSE: NAT) - Announces Dividend and Earnings in respect of the 1st Quarter of 2008

Mon, 5 May 2008 10:49:00 GMT from Ein News
Extract not available.

Nordic American Tanker Shipping Ltd. (NYSE:NAT) - Announces Dividend and Earnings in respect of the 1st Quarter of 2008

Mon, 5 May 2008 10:49:00 GMT from Ein News
Extract not available.

Dollar, global stocks lose ground after Friday gains

Mon, 5 May 2008 10:48:00 GMT from Reuters via MSN Money
LONDON (Reuters) - The dollar and European stocks weakened slightly on Monday in holiday-thinned markets while euro zone government bonds rose after positions became oversold following Friday's better than expected U.S. employment data. Oil prices were

Startech Environmental CEO Interviewed by Wall Street Transcript

Mon, 5 May 2008 10:38:00 GMT from FinanzNachrichten.de
WILTON, Conn., May 5 /PRNewswire-FirstCall/ -- Startech Environmental Corp. (News) (BULLETIN BOARD: STHK), a fully reporting, Award-winning Environment and Energy Company today announced that the Company's president and CEO, Joseph F. Longo, was


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