Markets with different moods
For serial time the world capital markets are showing not clear direction, hardly changes in the moods and chaotically investment actions. The affraids for the powerr of the world economy and the growing expectings for soon American recesion, are not allowing to the market to get out from the magin circle in which it is. The news about larger percetage of expired mortgages in USA, and harming additionally the markets and remebered that the cerid crisis is still not passed.
The Australian credit institution - National Australia Bank, decreased to its lowest level from 3 years, while the Japanese - Mitsui Financial Group, went to the other extreme and finished to higest growing. The companies Sony and Nintendo were hurt mo\stly from the negative news comming from USA, because the American market is most important for them. The largest mining company BHP Billiton lost from its shares' price, because of suddenly cheapen of the metals.
"With all uncertainty comming from USA, the ghost of credit srisis is comming back to the market", commented Japanese analyzer in front of Bloomberg. "I'm affraid that the Asian's markets for the first time will repeat the doings from January", continued he.
The shares of financial companies are reflecting mostly into the reginal indexes. Most hardly this felt MSCI, which decreased with 2.8%, to 139.93 points.
Labels: Financial News
posted by Zoritza Petrova @ 12:32 AM
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