US stocks climb after Juergen Stark’s announcement

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP

US equities experienced increase after Juergen Stark, the ECB's executive board member claimed the Eurozone debt turmoil will be restrained and controlled in two years. S&P 500 gained 0.6% reaching 1,261.12 in New York evening trading session while Dow added 0.7& climbing to 12,068.39 today. According to Stark, in two years Eurozone won't need political intervention.

Back to articles

Actual Topics

Tue, 08 Nov 2011 09:30:03 GMT

UK retail sales drop in October

UK retail business faced a decline in October rising traders concerns about approaching Christmas sales. According to British Retail Consortium (BRC), trading at shops opened in last 12 months has decreased by 0.6 % compared to previous year. Significant drop in sales was detected also in furniture and food industries. Stephen Robertson, BRC general director claimed a fall in sales to indicate weak consumer confidence.

Tue, 08 Nov 2011 08:09:59 GMT

US consumer borrowing surge in September

Consumer borrowing increased substantially in September reaching $7.4 bn which was 2.2bn more than Bloomberg survey had forecast. The increase was mainly stimulated by surging non-revolving loans containing funding for car purchases and study credits. While loans ascended for big scale commodities, the debt including credit cards and other non-revolving loan declined, suggesting Americans cut other liabilities.

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.