US shares rally on hopes for monetary stimulus

Source: Marketwatch
US stocks appreciated sharply on Wednesday amid positive news from housing sector and on speculation Federal Reserve may indicate further stimulus for this summer. S&P 500 rocketed 2.30% or 29.63 points and closed at 1,315.13. Dow Jones Industrial Average surged 2.37% or 286.84 points to 12,414.79. Nasdaq Composite advanced 2.4% or 66.61 points and finished at 2,844.72. 
Back to articles

Actual Topics

Thu, 07 Jun 2012 10:19:27 GMT

European shares end notably higher on Wednesday

European stocks rallied on Wednesday ahead of ECB interest rate decision. Gains were slightly limited after ECB President Draghi said no interest cut will be implemented. Nevertheless markets performed significantly better compared to last week. Stoxx Europe 600 jumped 2.3%, German DAX added 2.1% and French CAC gained 2.4%. British FTSE 100 also surged 2.4% after two holidays. 

Thu, 07 Jun 2012 09:04:27 GMT

Loonie advances for a third consecutive day

On Wednesday the Canadian currency strengthened for a third straight day against its US peer on hopes for monetary stimulus. Commodities and stocks also reflected optimism on Fed's decision. Canadian Dollar jumped 1% to CAD 1.0276. Currently USD/CAD is trading at CAD 1.0273.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.