Wall Street rallies as Fed's bond purchases may continue

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Source: Bloomberg
Shares on Wall Street increased on Monday rising to their new highs with the local benchmark indexes capping sixth week of climbs as traders weighed industrial output data on speculation the Federal Reserve monetary stimulus may continue. The Standard & Poor's 500 Index added 0.4% to 1,798.18 as of 4 p.m. New York time and the Dow Jones Industrial Average rose 0.5% to 15,961.70.

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Tue, 19 Nov 2013 05:44:05 GMT

Investment in Canadian stocks reaches four-year highest level

Total foreign purchases of Canadian stocks surged to the highest level in four years, reaching $10.79 billion in September of this year, while investors sold $2.19 billion of shares a month earlier. At the same time, the investment in Canadian government bonds declined $3.73 billion during September. Analysts explain the decrease with Canadian stable AAA sovereign credit rating.

Mon, 18 Nov 2013 12:35:04 GMT

Japan's shares are set to surpass this year's high set in May

Japan's equities are likely to surpass this year's high reached in May after the Federal Reserve Chairman-nominee Janet Yellen signaled monetary stimulus may continue weakening the Japanese currency. Japan's benchmark index Nikkei 225 Stock Average climbed 7.7% last week, the largest rally in four year, while broadest Topix index jumped 5.3% in a five-day period through November 15.

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