Group items tagged

More bad news from Europe drove Hong Kong stocks lower as the Fitch rating agency downgraded Portugal's debt to junk status. Extremely thin turnover set the stage for volatility on Friday.

equities.com | Consumer cyclical stocks pared morning gains when it was announced that consumer attitudes have returned to recession-levels amid worries over ongoing unemployment.

Adani into Debt Trap, Credit rating agency Fitch has rated Adani Group as Over-leveraged which has raised concerns among investors as it has been one of the best-performing stocks in the country in the past few years and this report has put the future of the company in jeopardy.

Indian Telecom sector is undergoing turbulent time post Reliance Jio 4G service launch. The tariff plan announced by Reliance Jio is intentional to grab market share in terms of user whereas they don't care of revenue. Even rating agency Fitch in its assessment mentioned that Reliance Jio will barely gain 2% of Telecom revenue which is very bad news for Reliance Jio.

Resistance to today's rally starts at DJIA 12,100 (S&P 500: 1247). Another decline to DJIA 11,735 (S&P 500: 1210) by Friday possible as market seeks comfort level.

The start of 2012 has seen a rise in most areas of the financial markets, but as economic concerns re-emerge, investors will need to decide which assets have staying power for growth.

Game's on if European leaders plan to avoid a crippling meltdown. No recession likely unless Europe's problems cross the pond. ECB to the rescue ?

As the yields on Spanish and French bonds reach Euro-era highs, American banks were revealed yesterday to have significant amounts of exposure to European debt.