30.72Emerging Markets
- Emerging markets, on healing path, climb in July
LOS ANGELES (MarketWatch) -- Russian and Turkish stocks stood out from their emerging-market rivals in July, helping push the investment class to its best gain in four months as panic over European de... - Rand treads water amid appetite for risk
Submit your comment Data that showed producer price inflation accelerated more than expected had little impact on the market. By 5pm the rand was bid at R7.3399, less than 1c weaker than Wednesday'... - Rand firms vs US dollar despite weak credit data
Submit your comment South Africa's rand was firmer against the dollar on Thursday, shrugging off weak credit demand data that backed the case for another interest rate cut to help the struggling econo... - Jakarta Stocks Likely To Ease From Record High
(RTTNews) - The Indonesian stock has finished at a record closing high now in three straight sessions, adding more than 75 points or 2.5 percent in the process. The Jakarta Composite Index finished j... - Resistance Likely At 7,800 Points For Taiwan Stocks
(RTTNews) - The Taiwan stock market has finished higher now in back-to-back sessions, collecting more than 50 points or 0.5 percent in the process. The Taiwan Stock Exchange finished just below the ... - Russian stocks close up
Russia's two main stock exchanges closed Thursday with both key indexes higher. The benchmark Russian Trading System (RTS) index gained 28.72 points, or 1.95 percent, to 1503.68 points. The Moscow Int... - Stocks to watch Wednesday: Starbucks, eBay, Apple
SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trade in Wednesday's session are Starbucks Corp., eBay Inc. and Wells Fargo Co. Starbucks
- Soybean To Average USc1,000/bushel In 2010 (Emerging Markets Monitor)
Front-month (August) soybean looks slightly precarious around current levels. Although the contract surged higher in early July, we expect downside pressure to mount over the coming weeks. This traditionally occurs as we move towards September, which is when the US harvest gets underway. As a result, we target a move back down to multi-year support around USc950/bushel in the coming weeks. - Bad Times For Mobinil, Still Cautious Hermes (Emerging Markets Monitor)
BMI View: We are comfortable with our medium-term bearish view on the Hermes stock index, given political risks, negative technical signals and further potential volatility in global market sentiment. The index has bounced over recent days, but the monthly close tomorrow will be down (barring a miracle), which suggests further room for downside. Here we look at latest results for Moninil, which do not give much reason to be cheerful for its share price. - Soybean To Average USc1,000/bushel In 2010 (Emerging Markets Monitor)
Front-month (August) soybean looks slightly precarious around current levels. Although the contract surged higher in early July, we expect downside pressure to mount over the coming weeks. This traditionally occurs as we move towards September, which is when the US harvest gets underway. As a result, we target a move back down to multi-year support around USc950/bushel in the coming weeks. - Shilling: Three Positive Drivers And Three Key Risks (Emerging Markets Monitor)
We believe that the shilling looks ripe for medium-term appreciation owing to the following three factors: bullish technicals, strong macroeconomic fundamentals, and the onset of domestic oil production. - Gold Heading To US$1,300/oz In 2010 (Emerging Markets Monitor)
Spot gold is being squeezed between converging lines of support and resistance that currently come in around US$1,175/oz and US$1,200/oz, respectively. Our current bias is for resistance to give way and for prices to respect their multi-month uptrend. This positive view is bolstered by a slight bullish divergence on the daily relative strength index (RSI). Moreover, it ties in with our medium-term view, which is that gold will head towards US$1,300/oz in the coming months.