Dow Jones Industrial Average added 2.4% on Wednesday

Source: Dukascopy Bank SA

Dow Jones Industrial Average climbed rapidly on Wednesday as investors looked forward Fed Chairman Bernanke's signals for additional monetary stimulus in summer. Blue chip gauge surged 2.37% or 286.84 points to 12,414.79 with all 30 stocks ending session in the positive territory. Bank of America rallied 7.6% on speculation for monetary accommodation. Home Depot gained 3.4% after increasing its share repurchase plan by USD 500 million for this year.


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Thu, 07 Jun 2012 14:33:28 GMT

Nikkei 225 index continues to climb as Yen falls

Japan's Nikkei Stock Average maintained sharp upward trend on Thursday on expectations for global monetary easing. Japanese Yen kept weakening versus Euro and greenback, improving competitiveness for Japanese exporters. Nikkei 225 index rose 1.24% or 106.19 points and finished at 8,639.72. Almost 11 shares soared for each that declined on the index. Car makers and financials rallied. Mazda Motors and

Thu, 07 Jun 2012 14:11:28 GMT

Asian shares benefit from possible monetary easing

With investors' growing hopes that Europe and the U.S. may loosen monetary policies to combat with the progressing economic concerns, the Asian market benefitted with a boost during Thursday trade. The Asian shares that advanced were Japan's Nikkei Stock Average with a 1 per cent jump, Kospi – 2.7 per cent, Hong Kong's Hang Seng Index – 1.4 per cent, and the Shanghai Composite

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