Click for St. Louis, Missouri Forecast

// a href = ./ // St Louis News, Weather, Sports, The Big 550 AM, St Louis Traffic, Breaking News in St Louis

Online pharmacy:fesmag.com/tem

Have you a sex problem? Please visit our site:fesmag.com/medic

 
 
 
Thursday, 07 November 2013 03:50

World markets cautiously await key US data

   KUALA LUMPUR, Malaysia (AP) — Global stock markets were mostly weaker Thursday, with a cautious mood prevailing ahead of key U.S. data that will provide further clues on when the Federal Reserve will cut monetary stimulus.

   Major European benchmarks were muted in early trading. Britain's FTSE 100 fell 0.3 percent to 6,724.16 and France's CAC-40 added 0.1 percent to 4,290.43. Germany's DAX gained 0.1 percent to 9,047.30.

   Futures pointed to a weaker open on Wall Street where Twitter will start trading following an initial public offering that valued the social network at $18 billion. S&P 500 and Dow Jones futures were both down 0.1 percent.

   Stan Shamu, market strategist for IG in Melbourne, Australia, said investors are staying on the sidelines ahead of the release of the advance estimate of U.S. third quarter economic growth later Thursday and October jobs figures on Friday.

   Both reports could signal how much longer the Federal Reserve will continue its bond purchases at the current $85 billion a month rate. That program has held down interest rates, kept bond yields low and made stocks more attractive for investors.

   Market expectations are also growing that the European Central Bank and the Bank of England may disappoint and not cut interest rates at policy meetings Thursday to shore up a recovery from recession, he said.

   "With two central banks, a U.S. GDP and jobs report all due out, we were always bound to see some nervous trading," Shamu said.

   DBS Vickers in Hong Kong said in a market commentary that the ECB is likely to put off a rate cut amid a pick-up in production and confidence, but it may open the door for possible easing in December when it releases its quarterly economic projections,

   Earlier in Asia, Japan's Nikkei 225 shed 0.8 percent to 14,228.44 and Hong Kong's Hang Seng lost 0.7 percent at 22,881.03. China's Shanghai Composite fell 0.5 percent to 2,129.40 and Seoul's Kospi dropped 0.5 percent to 2004.04.

   Benchmark crude for December delivery was down 17 cents at $94.63 in electronic trading at the New York Mercantile Exchange. The contract rose $1.43 to close at $94.80 a barrel on Wednesday.

   The euro rose to $1.3520 from $1.3510 late Wednesday. The dollar was little changed at 98.68 yen.

Published in National News

Latest News

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
Prev Next

Boone County Hires Lawyers In Ryan Ferguson Civil Right…

COLUMBIA, Mo. (AP) - A central Missouri county has hired four attorneys to help defend itself and three employees named in a lawsuit filed on behalf of a man whose murder convic...

Jumping Jacks May Become Official State Exercise

 JEFFERSON CITY, Mo. (AP) - Missouri lawmakers are considering official designation for the jumping jack.    A bill is proposing to make the jumping jack ...

St. Charles Officer On Leave After Deadly Shooting

ST. CHARLES, Mo. (AP) - A man is dead after he was shot by police in St. Charles. St. Charles police went to a home Wednesday night after neighbors complained the man was th...

Pine Lawn Drug Bust Nets Pot-Filled Cookies and Candy

St. Louis, MO  --  Two suspects are jailed in Pine Lawn after a routine traffic stop turned into a drug bust.     Fox2 News reports that a man and a ...

LITTLE GOVERNMENT RESPONSE TO BOMBING A YEAR LATER

LITTLE GOVERNMENT RESPONSE TO BOMBING A YEAR LATER

BOSTON (AP) -- A year after homemade bombs ripped through the Boston Marathon, state and federal officials have enacted virtually no policy changes in response to the attack, a ...

OKLAHOMA GAY-MARRIAGE CASE BEFORE US APPEALS COURT

OKLAHOMA GAY-MARRIAGE CASE BEFORE US APPEALS COURT

OKLAHOMA CITY (AP) -- Lawyers for two Oklahoma women and the county clerk who would not give them a marriage license go before a federal appeals court with a familiar question f...

MAN CHARGED WITH MARATHON HOAX IS HELD ON BAIL

MAN CHARGED WITH MARATHON HOAX IS HELD ON BAIL

BOSTON (AP) — The man arrested near the Boston Marathon finish line carrying a backpack containing a rice cooker was sent to a state psychiatric facility for an evaluation Wedne...

© 2013 KTRS All Rights Reserved