The key investment case for SGX is the longer-term growth through both existing market growth and success in its strategy to become an Asian regional gateway, with derivatives being the medium-term driver, in our view. Investor’s Business Daily provides exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market. Unfortunately the feed cut out before Dombrovskis could say whether EU countries struggling to cope with the refugee crisis would also get more budget leeway. Confidence is rippling through Europe’s stock markets, pushing the main indices all higher this morning.
This of course raises the prospect that if the Fed does indeed raise rates in December, as we and the market now believes likely, and if the October hourly wages growth increase was not a one off, then the Fed is going to come under rising pressure to consider a further March hike in addition to any December increase. The Greek stock market has jumped by 2.5% today, after a preliminary deal was finally struck between Athens and its lenders over how to address defaulting mortgages. I’m confident that we can find a way” to adjust budget targets to account for the events in Paris, he told Bloomberg TV. It suggests Europe’s largest economy will keep growing in the final months of 2015.
Defence companies are leading the London stock market on anticipation that they’ll benefit from France’s new security spending plans. Stock market gains comes in spite of lingering worries about a slowing China (Copper has hit fresh 6 year lows) and the US dollar hitting new highs as traders price in a December US rate hike and global central bank policy divergence.
World stock markets are rallying today, as international investors put aside worries that the tragic attacks in Paris will derail the global economy. Over the last sixty days, we have witnessed the most significant global stock market decline since the fall of 2008, and yet most people still seem to think that this is just a temporary bump in the road” and that the bull market will soon resume.
When the Dow Jones Industrial Average plummeted 777 points on September 29th, 2008 everyone freaked out and rightly so. But a stock market crash doesn’t have to be limited to a single day. Since the peak of the market earlier this year, the Dow is down almost three times as much as that 777 point crash back in 2008. Over the last sixty days, we have seen the 8th largest single day stock market crash in U.S. history on a point basis and the 10th largest single day stock market crash in U.S. history on a point basis. Even stock market will pick up once the elections are over and new govt takes over.