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Foreign Markets

World markets surged forward on Thursday following Wall Street’s gains. Investor’s breathed a sigh of relief with Fed remarks that the worst of the recession may be over. Overnight in Asia, Hong Kong’s Hang Seng rose 564.04 points, or 3.8 %, to 15,520.99. After being closed for a holiday, the Nikkei 225 stock average gained 334.49 points, or 3.9 %, to 8828.26.

In Europe, the FTSE 100 index of leading British shares was up 63.15 points, or 1.5 %, at 4,252.74 while Germany’s DAX rose 89.66 points, or 1.9 %, to 4,794.22. The CAC-40 in France was 47.76 points, or 1.5 %, higher at 3,164.70.

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Foreign Markets

Overnight, stocks finished higher in Asia after recovering from losses stemming from concern over the financial sector. The Nikkei 225 average closed up 119.71 points, or 1.4 %, to 8,847.01. Hong Kong’s Hang Seng was up 2.3 % at 15,214.46, and South Korea’s Kospi added 0.9 % to 1368.80.

Markets in Europe were mixed and relatively calm following trading in Asia. The FTSE 100 index of leading British shares was up 22.87 points, or 0.6 %, at 4,053.53, while France’s CAC-40 rose 5.53 points, or 0.2 %, 3,030.77. Germany’s DAX was 8.74 points, or 0.2 %, lower at 4,585.68.

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Today’s guest is John Bougearel of Financial Futures Analysis and author of Riding the Storm Out. John is going to give us a detailed look into Treasuries and whats driving them. Enjoy and be sure to let us know what you think. Read the rest of this entry »

Foreign Markets

Markets got off to a great start Thursday when the Japanese government announced that the stimulus package they are trying to attain is greater than originally announced; totaling some 3% of the country’s GDP. Japan’s Nikkei 225 stock average added 321.05 points, or 3.7 %, to 8,916.06 for its highest close in three months, while Hong Kong’s Hang Seng climbed 426.55, or 3 %, to 14,901.41.

With the Bank of England holding interest rates at their current 50 basis point level, the FTSE 100 index of leading British shares was up 24.17 points, or 0.6 %, at 3,949.69, while Germany’s DAX rose 50.44 points, or 1.2 %, to 4,408.36. France’s CAC-40 was 17.28 points, or 0.6 %, higher at 2,938.34.

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Foreign Markets

Global markets rose on Thursday following the positive economic data for the U.S. economy and the resulting up day on Wall Street. Japan’s Nikkei 225 stock average rose 156.34 points, or 1.8 %, to 8,636.33, and South Korea’s Kospi climbed 1.2 % to 1,243.80. Hong Kong’s Hang Seng index gained 486.87 points, or 3.6 %, to 14,108.98. In Europe, Britain’s FTSE 100 rose 0.2 % to 3,908.98, Germany’s DAX rose 0.6 % to 4,248.76, and France’s CAC-40 edged up 1 point to 2,894.21.

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