Dow Jones inches lower, as investors wait for the new earnings season

Note: This section contains information in English only.
Source: Dukascopy Bank SA
U.S. blue chips were down for the second day prior to beginning of the new earnings session. The Dow Jones Industrial Average erased 0.4% to 13,328.85. Three out of nine sectors advanced. Verizon Telecommunications and AT&T were pacing losses in the telecommunications group, as companies slumped 3.6% and 2.9%, respectively. Boeing Co. erased 2.6% to $74.13 after BB&T Capital Markets' analyst Carter Leake cut the stock rating from buy to hold.The stocks dropped on the recent fire of the company's aircraft on the ground at Logan International Airport in Boston. Alongside to that, further decline in the technology sector was capped by Hewlett-Packard that added 1.45% amid announcement the company will start restructuring of its business. Furthermore Exxon Mobil Corp. added 0.63% after it announced that has gained the prestigious Edith and Peter O'Donnell Award for Technology Innovation the offshore oil spill response technologies development.


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Wed, 09 Jan 2013 14:51:18 GMT

Strenghtening Yen boosts up the Japanese shares

Japanese shares rallied, capping a two-day drop, as the Yen depreciated against its 16 counterparts, supporting exporters. The Nikkei 225 Stock Average gained 0.5% to 10,555.01 after earlier tumbling 1%. Seven out of ten groups inched higher. Tokyo Dome Corporation shares added 8% to 353 yen, leading gains in the consumer services sector, that was only 0.03% up. IHI corporation

Wed, 09 Jan 2013 17:26:07 GMT

Thailand keeps the key interest rate unchanged

The Bank of Thailand kept the key interest rate unchanged at 2.75% benchmark, according to announcement in Bangkok on Wednesday. The key interest was left the same for the second straight meeting, as economy signals about improvements and better future outlook for exports and stronger domestic demand. The Thai baht, the Thailand's currency, was affected gently by the decision, as

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