Market research firm Gartner predicts that by 2014 the global mobile application download market will reach 58 billion U.S. dollars.
Last year, the global applications for mobile users to pay a total of 52 billion U.S. dollars. Gartner expects mobile application downloads will reach 17.7 billion times, is 82 billion in 2010, more than double. In addition, as at the end of 2014, users around the world since 2008, the mobile application downloads will total more than 185 billion times.
Gartner noted that, while the average application downloads the user to maintain stability, but the popularity of tablet PCs will lead to more downloads. In addition, the rapid growth of mobile applications market, thanks in part to Nokia, RIM and other companies have introduced similar to Apple's App Store app store.
Mobile applications revenue not only from paid downloads, but also from application of the ads. Gartner predicts 2011 application download free mobile applications downloads will account for 81% of the total. And as people increasingly the new payment system, pay the amount of downloads will increase.
2011/1/31
Fed Survey: U.S. banking sector loans in 2011 significantly improved the quality of materials
Federal Reserve (FED) on Monday (January 31) released the results of a survey in 2011 will be the most optimistic mood for years one-year bank, the banking sector this year is expected to write down bad loans to businesses and consumers will be lower than in previous years.
The Fed survey showed that some U.S. and foreign banks continued to relax the terms of commercial and industrial loans, but they are such as consumer credit and mortgage lending standards and terms remained virtually unchanged.
The Fed said that industrial and commercial banks to relax loan terms because of increased competition among banks and the improving economic outlook.
The survey also showed that the banking sector to the delinquency and write-off rate in 2011 will improve was "significantly more optimistic. "
The Fed survey showed that some U.S. and foreign banks continued to relax the terms of commercial and industrial loans, but they are such as consumer credit and mortgage lending standards and terms remained virtually unchanged.
The Fed said that industrial and commercial banks to relax loan terms because of increased competition among banks and the improving economic outlook.
The survey also showed that the banking sector to the delinquency and write-off rate in 2011 will improve was "significantly more optimistic. "
Fed Survey: U.S. banking sector loans in 2011 significantly improved the quality of materials
Federal Reserve (FED) on Monday (January 31) released the results of a survey in 2011 will be the most optimistic mood for years one-year bank, the banking sector this year is expected to write down bad loans to businesses and consumers will be lower than in previous years.
The Fed survey showed that some U.S. and foreign banks continued to relax the terms of commercial and industrial loans, but they are such as consumer credit and mortgage lending standards and terms remained virtually unchanged.
The Fed said that industrial and commercial banks to relax loan terms because of increased competition among banks and the improving economic outlook.
The survey also showed that the banking sector to the delinquency and write-off rate in 2011 will improve was "significantly more optimistic. "
The Fed survey showed that some U.S. and foreign banks continued to relax the terms of commercial and industrial loans, but they are such as consumer credit and mortgage lending standards and terms remained virtually unchanged.
The Fed said that industrial and commercial banks to relax loan terms because of increased competition among banks and the improving economic outlook.
The survey also showed that the banking sector to the delinquency and write-off rate in 2011 will improve was "significantly more optimistic. "
2011/1/27
News: U.S. in November to sign off second-hand housing index than-expected 2% increase
American Real Estate Brokers Association (NAR) announced the signing in November of second-hand housing sales index up 2% qoq.
According to Bloomberg News survey of economists forecast an average drop of 0.5% qoq. October sales of second-hand housing index ring sign was an increase of 3.5%.
According to Bloomberg News survey of economists forecast an average drop of 0.5% qoq. October sales of second-hand housing index ring sign was an increase of 3.5%.
Continued maintenance of stability at the end of the Fed or small-scale "Exit"
Federal Reserve monetary policy meeting in 26 said in a statement after the regular decision-making, peacekeeping in the country will continue to benchmark interest rate from 0 to a record low of 0.25% unchanged, in order to further stimulate the U.S. economic recovery. In addition, plans will continue to promote the 600 billion U.S. dollars by bond purchase plan.
Analysts pointed out that can be seen from the statement, the job market downturn in the short term change in U.S. policy will not loose, but the U.S. economic recovery has been enhanced, quantitative easing policy has stimulated efforts to reduce even the possibility of early termination.
The Fed said in a statement, to keep the benchmark interest rate to 0.25% at 0 range unchanged. Since since March 2009, the Fed has been reiterated in a longer time to maintain interest rates at low levels.
Statement that the U.S. economy is recovering, but not enough to significantly improve the recovery rate of employment. In this regard, CITIC Securities International, said Hu Yifan macroeconomic researchers, such macro-economic environment prompted the Fed to maintain its expansionary monetary policy stance. The federal funds rate may be maintained in the longer period of time at very low levels, there will be no change this year.
As the Fed statement said, the high unemployment rate is still the reason for the Fed to maintain an accommodative policy. Although the U.S. unemployment rate in December compared with a significant reduction to 9.4%, but still a high level, and when the weekly number of initial claims for unemployment benefits still volatile. This means that the U.S. economy still needs a more robust recovery in order to bring the unemployment rate to achieve sustained, significant recovery.
Analysts pointed out that can be seen from the statement, the job market downturn in the short term change in U.S. policy will not loose, but the U.S. economic recovery has been enhanced, quantitative easing policy has stimulated efforts to reduce even the possibility of early termination.
The Fed said in a statement, to keep the benchmark interest rate to 0.25% at 0 range unchanged. Since since March 2009, the Fed has been reiterated in a longer time to maintain interest rates at low levels.
Statement that the U.S. economy is recovering, but not enough to significantly improve the recovery rate of employment. In this regard, CITIC Securities International, said Hu Yifan macroeconomic researchers, such macro-economic environment prompted the Fed to maintain its expansionary monetary policy stance. The federal funds rate may be maintained in the longer period of time at very low levels, there will be no change this year.
As the Fed statement said, the high unemployment rate is still the reason for the Fed to maintain an accommodative policy. Although the U.S. unemployment rate in December compared with a significant reduction to 9.4%, but still a high level, and when the weekly number of initial claims for unemployment benefits still volatile. This means that the U.S. economy still needs a more robust recovery in order to bring the unemployment rate to achieve sustained, significant recovery.
2011/1/25
New York stock market closed at 25, unchanged
Despite the poor earnings reports a new round of pressure, 25, New York Stock Exchange late in the round of the three major stock indexes are still driven by the rapid rebound in flat plate to close.
A number of Dow components reported results put pressure on the market, even though some of the company's performance than expected, but still can not make investors happy. One, 3M, American Express and Johnson & Johnson shares fell about 2%. Meanwhile, consumer confidence index released the same day up to 8-month highest level, the increase than economists had expected some support to the stock form. Market participants believe that this shows that while the housing market is still in an unstable state, but the conditions change for the better in the job market situation, the American public optimism about the economic outlook.
In addition, investors also concerned about the Fed's monetary policy-makers of today's two-day meeting held in the United States President Barack Obama starting from 21:00 EDT State of the Union. Investors remain highly concerned about this. New York stock markets closed, the Dow Jones 30 Industrial Average index over the previous trading day down 3.33 points to close at 11,977.19 points, down 0.03%. Standard & Poor's 500 index rose 0.34 points to close at 1291.18 points, or 0.03%. The Nasdaq composite index rose 1.70 points to close at 2719.25 points, or 0.06%.
A number of Dow components reported results put pressure on the market, even though some of the company's performance than expected, but still can not make investors happy. One, 3M, American Express and Johnson & Johnson shares fell about 2%. Meanwhile, consumer confidence index released the same day up to 8-month highest level, the increase than economists had expected some support to the stock form. Market participants believe that this shows that while the housing market is still in an unstable state, but the conditions change for the better in the job market situation, the American public optimism about the economic outlook.
In addition, investors also concerned about the Fed's monetary policy-makers of today's two-day meeting held in the United States President Barack Obama starting from 21:00 EDT State of the Union. Investors remain highly concerned about this. New York stock markets closed, the Dow Jones 30 Industrial Average index over the previous trading day down 3.33 points to close at 11,977.19 points, down 0.03%. Standard & Poor's 500 index rose 0.34 points to close at 1291.18 points, or 0.03%. The Nasdaq composite index rose 1.70 points to close at 2719.25 points, or 0.06%.
2011/1/24
Close: U.S. stocks rose in sight Dow 12,000
U.S. stocks ended higher on Monday, the Dow hit a two and a half high, and with the first time since 2008, approaching the 12,000 point mark. Investors this week will announce earnings and Obama optimistic State of the Union is expected to promote the stock market higher.
EST at 16:00 on January 24 (Beijing time at 5:00 on January 25), the Dow Jones industrial average rose 108.68 points to close at 11,980.52 points, or 0.92%; the Nasdaq composite index rose 28.01 points, to close at 2,717.55 points, or 1.04%; Standard & Poor's 500 index rose 7.49 points to close at 1,290.84 points, or 0.58%.
Monday's trading session the Dow rose to its highest at 11,982.94 points, hitting a 2-year and a half high.
Dow 30 stocks Intel (INTC) closed up, the chip maker announced a 15% dividend increase and stock repurchase plan approved by the size of its increase of 100 billion U.S. dollars.
Dow component, fast-food giant McDonald's (MCD) closed slightly higher. The company announced fourth-quarter net profit rose 2.1%, in line with market expectations. But investors at the end of this company same-store sales growth was slowing down. McDonald's December same-store sales increase of 2.6%, only about half of the increase in the previous two months.
Some investors believe the market rally on Monday, investors may be due to recent stock market declines are not much comfort.
Background of generally rising stock market on Monday is one of Barack Obama on Tuesday asked Congress State of the Union. According to informed sources, is expected to Barack Obama called on Congress in the State of the Union parties, "the common sacrifice (shared sacrifice)", urged the Republicans agreed to the terms of lowering corporate tax rates through a comprehensive reform of corporate tax bill.
Many large companies earnings exciting, market sentiment has become so passionate. GE announced last Friday, results in better than expected, shares in more than two years Monday for the first time breaking through the 20 U.S. dollars.
EST at 16:00 on January 24 (Beijing time at 5:00 on January 25), the Dow Jones industrial average rose 108.68 points to close at 11,980.52 points, or 0.92%; the Nasdaq composite index rose 28.01 points, to close at 2,717.55 points, or 1.04%; Standard & Poor's 500 index rose 7.49 points to close at 1,290.84 points, or 0.58%.
Monday's trading session the Dow rose to its highest at 11,982.94 points, hitting a 2-year and a half high.
Dow 30 stocks Intel (INTC) closed up, the chip maker announced a 15% dividend increase and stock repurchase plan approved by the size of its increase of 100 billion U.S. dollars.
Dow component, fast-food giant McDonald's (MCD) closed slightly higher. The company announced fourth-quarter net profit rose 2.1%, in line with market expectations. But investors at the end of this company same-store sales growth was slowing down. McDonald's December same-store sales increase of 2.6%, only about half of the increase in the previous two months.
Some investors believe the market rally on Monday, investors may be due to recent stock market declines are not much comfort.
Background of generally rising stock market on Monday is one of Barack Obama on Tuesday asked Congress State of the Union. According to informed sources, is expected to Barack Obama called on Congress in the State of the Union parties, "the common sacrifice (shared sacrifice)", urged the Republicans agreed to the terms of lowering corporate tax rates through a comprehensive reform of corporate tax bill.
Many large companies earnings exciting, market sentiment has become so passionate. GE announced last Friday, results in better than expected, shares in more than two years Monday for the first time breaking through the 20 U.S. dollars.
2011/1/20
Close: Stocks ended lower led by resources sector
U.S. stocks ended lower Thursday, led by resources sector. U.S. employment and real estate market data better than expected. China's tight monetary policy to raise the prospects for investors may be worried about.
EST at 16:00 on January 20, the Dow Jones Industrial Average fell 2.49 points to close at 11,822.80 points, down 0.02%; the Nasdaq composite index fell 21.07 points to close at 2,704.29 points, down 0.77%; the S & P 500 index fell 1.66 points to close at 1,280.26 points, down 0.02%.
Natural resources in the energy sector led by the broader market, consumer goods and utilities and other defensive stocks performed relatively well plates.
U.S. stocks on Thursday, together with the global market fell after China announced strong fourth-quarter GDP growth of 9.8%, raising fears of the Chinese government may adopt more stringent monetary policy to prevent the economy from overheating. This means that China's demand for energy and raw materials will decline, raw materials and energy sector it was generally fall.
In the market worried that China may continue to tighten policy, U.S. economic data released on Thursday are mostly positive. U.S. Department of Labor announced last week in pre-initial claims for unemployment benefits fell by 3.7 million to 40.4 million. The data market is expected to fall on average to 42 million.
EST at 16:00 on January 20, the Dow Jones Industrial Average fell 2.49 points to close at 11,822.80 points, down 0.02%; the Nasdaq composite index fell 21.07 points to close at 2,704.29 points, down 0.77%; the S & P 500 index fell 1.66 points to close at 1,280.26 points, down 0.02%.
Natural resources in the energy sector led by the broader market, consumer goods and utilities and other defensive stocks performed relatively well plates.
U.S. stocks on Thursday, together with the global market fell after China announced strong fourth-quarter GDP growth of 9.8%, raising fears of the Chinese government may adopt more stringent monetary policy to prevent the economy from overheating. This means that China's demand for energy and raw materials will decline, raw materials and energy sector it was generally fall.
In the market worried that China may continue to tighten policy, U.S. economic data released on Thursday are mostly positive. U.S. Department of Labor announced last week in pre-initial claims for unemployment benefits fell by 3.7 million to 40.4 million. The data market is expected to fall on average to 42 million.
2011/1/19
Late: the major indexes another new high of 30 months
U.S. stocks rose slightly late Tuesday, the market another 30 months high. Aerospace giant Boeing pushed the Dow higher. Citigroup disappointing earnings, Apple CEO Steve Jobs health concerns about the market, the two companies's shares lower.
EST at 15:13 on January 18, the Dow Jones industrial average rose 55.74 points to 11,843.12 points, or 0.47%; the Nasdaq composite index rose 6.18 points to 2,761.48 points, or 0.22%; the S & P 500 Index rose 1.11 points to 1,294.35 points, or 0.09%.
Today, its highest intraday Dow rose Zhang 11,858.78 points, a record high of 30 months.
Institutional investors market strategist at Stifel Nicolaus Elliott - Spa (Elliot Spar), said, "Today the stock market fell in Apple and Citigroup remained under pressure from rising, were still being made to do more strength."
Among the Dow 30 stocks, 20 stocks rose. Dow component Boeing (BA) rose 3%, or among the first Dow component. The company said the latest announcement, expected to begin shipping in the third quarter, the new Boeing 787 aircraft.
As of Friday, the Dow has closed higher for 7 weeks and closed at a new high since mid-2008. On Monday the U.S. financial markets closed for Martin Luther King Day.
EST at 15:13 on January 18, the Dow Jones industrial average rose 55.74 points to 11,843.12 points, or 0.47%; the Nasdaq composite index rose 6.18 points to 2,761.48 points, or 0.22%; the S & P 500 Index rose 1.11 points to 1,294.35 points, or 0.09%.
Today, its highest intraday Dow rose Zhang 11,858.78 points, a record high of 30 months.
Institutional investors market strategist at Stifel Nicolaus Elliott - Spa (Elliot Spar), said, "Today the stock market fell in Apple and Citigroup remained under pressure from rising, were still being made to do more strength."
Among the Dow 30 stocks, 20 stocks rose. Dow component Boeing (BA) rose 3%, or among the first Dow component. The company said the latest announcement, expected to begin shipping in the third quarter, the new Boeing 787 aircraft.
As of Friday, the Dow has closed higher for 7 weeks and closed at a new high since mid-2008. On Monday the U.S. financial markets closed for Martin Luther King Day.
Weaker dollar boosted gold closed up slightly
Boosted by the weaker dollar, the New York Mercantile Exchange gold futures closed up 18. Among them, the February gold futures contract rose $ 7.7, or 0.6%, to close at 1,368.2 U.S. dollars / ounce.
Russian Foreign Trade Bank (VTB Capital) analyst Andrey Kruychenkov said: "The Golden lack of drivers, flattening out of the dilemma is difficult to get rid of the current situation."
Andrey said this month, with the decline in the dollar gold, the reverse linkage between reduced.
But Andrey also pointed out that the data become more beautiful as the global economy, and for the 4 major U.S. company quarterly earnings expectations for the better, the upside of gold will hit the road or more resistance.
French bank (Societe Generale) analyst David Wilson said that for the price of gold, the ultimate decision power will be the U.S. monetary policy, if the Federal Reserve (Fed) to implement more quantitative easing, the gold will provide uplink support.
Russian Foreign Trade Bank (VTB Capital) analyst Andrey Kruychenkov said: "The Golden lack of drivers, flattening out of the dilemma is difficult to get rid of the current situation."
Andrey said this month, with the decline in the dollar gold, the reverse linkage between reduced.
But Andrey also pointed out that the data become more beautiful as the global economy, and for the 4 major U.S. company quarterly earnings expectations for the better, the upside of gold will hit the road or more resistance.
French bank (Societe Generale) analyst David Wilson said that for the price of gold, the ultimate decision power will be the U.S. monetary policy, if the Federal Reserve (Fed) to implement more quantitative easing, the gold will provide uplink support.
2011/1/15
Fed Governor Lake: sustained economic recovery or re-consider the purchase debt plan
Fed Governor, the Richmond Fed (Federal Reserve Bank of Richmond President) Main Xilai Ke (Jeffrey Lacker) Friday (14) said it expects to improve as the economy, the Fed will reconsider its bond purchase plan.
Lake said today, "Despite the improved economic outlook may not be enough to ensure the adjustment of the extent of our recent purchase plan, but I expect the next few months as the economic development of the situation, the Fed will be re-evaluated."
Lake argued that the Fed will face the challenges of quantitative easing revaluation on the grounds that with the improvement in economic growth, relative to the trend before the recession, the level of economic activity may not accurately reflect the needs of real interest rates increase.
He said the economy has turned into last summer's "weak points", he expects 2011 gross domestic product (GDP) growth rate will reach 3.5 to 4 percent or so. Active consumer spending, business investment strong and steady demand for U.S. exports should boost economic growth, while the housing market may be out of the trough.
Lake expected inflation rate in 2011 will reach 1.5 to 2% or so. He said that despite facing many difficulties ahead, the economy is still a long way to go.
Lake said today, "Despite the improved economic outlook may not be enough to ensure the adjustment of the extent of our recent purchase plan, but I expect the next few months as the economic development of the situation, the Fed will be re-evaluated."
Lake argued that the Fed will face the challenges of quantitative easing revaluation on the grounds that with the improvement in economic growth, relative to the trend before the recession, the level of economic activity may not accurately reflect the needs of real interest rates increase.
He said the economy has turned into last summer's "weak points", he expects 2011 gross domestic product (GDP) growth rate will reach 3.5 to 4 percent or so. Active consumer spending, business investment strong and steady demand for U.S. exports should boost economic growth, while the housing market may be out of the trough.
Lake expected inflation rate in 2011 will reach 1.5 to 2% or so. He said that despite facing many difficulties ahead, the economy is still a long way to go.
Close: broad based financial sector stocks at a 30-month high
Promoting broad based, the financial stocks, U.S. stocks on Friday closed at a new high of 30 months. JP Morgan Chase profit than expected U.S. industrial production and commercial sale of both improved and enhanced market confidence.
EST at 16:00 on January 14 (Beijing time at 5:00 on January 15th), the Dow Jones industrial average rose 55.48 points to close at 11,787.38 points, or 0.47%; the Nasdaq composite index rose 20.01 points, to close at 2,755.30 points, or 0.73%; Standard & Poor's 500 index rose 9.48 points to close at 1,293.24 points, or 0.74%.
Today, the highest intraday Dow climbed to 11,794.15 points, the highest since June 2008 intraday high. So far this week, the Dow has risen 0.9%, and the rally continued into the seventh consecutive week.
The Dow banking giant JP Morgan Chase (JPM) rose 1%. The company announced fourth-quarter profit rose 47%, exceeding analyst expectations, and expected future revenue growth, loan loss reserves substantially reduced.
Optimistic expectations by JP Morgan Chase Bank to promote the financial sector generally higher. Bank of America (BAC), PNC Financial Services (PNC), Morgan Stanley (MS) and Wells Fargo (WFC), etc. are all closed.
EST at 16:00 on January 14 (Beijing time at 5:00 on January 15th), the Dow Jones industrial average rose 55.48 points to close at 11,787.38 points, or 0.47%; the Nasdaq composite index rose 20.01 points, to close at 2,755.30 points, or 0.73%; Standard & Poor's 500 index rose 9.48 points to close at 1,293.24 points, or 0.74%.
Today, the highest intraday Dow climbed to 11,794.15 points, the highest since June 2008 intraday high. So far this week, the Dow has risen 0.9%, and the rally continued into the seventh consecutive week.
The Dow banking giant JP Morgan Chase (JPM) rose 1%. The company announced fourth-quarter profit rose 47%, exceeding analyst expectations, and expected future revenue growth, loan loss reserves substantially reduced.
Optimistic expectations by JP Morgan Chase Bank to promote the financial sector generally higher. Bank of America (BAC), PNC Financial Services (PNC), Morgan Stanley (MS) and Wells Fargo (WFC), etc. are all closed.
2011/1/13
Threat to the United States two bodies "downgrade"
S & P and Moody's on Thursday the two major international rating agencies have said that considering the current difficult financial situation of the United States does not rule out some time down in the future given the highest rating in the country.
Standard & Poor's said on Thursday that, given the recent deterioration in U.S. fiscal position, the agency adjusted the U.S. does not rule out the possibility of sovereign debt rating outlook. The U.S. Standard & Poor's Ratings in the list to enjoy the highest AAA sovereign debt rating outlook is stable.
Standard & Poor's Carol French business executives said the market took it for granted that the U.S. deficit problem in dealing with U.S. dollar will continue to enjoy the tremendous advantage, but this situation may change, S & P can not rule out future adjustments U.S. sovereignty the possibility of debt rating outlook. Carroll said the jobless recovery is the biggest threat facing the U.S. economy is one that no country's AAA rating is always exclusive.
Coincidentally, 13, also Moody's highest rating for the United States has warned. Sarah, a senior analyst at Moody's said that day, if the U.S. does not take measures to reverse the deterioration of fundamentals, then the next two years the United States was designated as the negative rating outlook will increase the likelihood, as a means likely to be negative degradation.
Standard & Poor's said on Thursday that, given the recent deterioration in U.S. fiscal position, the agency adjusted the U.S. does not rule out the possibility of sovereign debt rating outlook. The U.S. Standard & Poor's Ratings in the list to enjoy the highest AAA sovereign debt rating outlook is stable.
Standard & Poor's Carol French business executives said the market took it for granted that the U.S. deficit problem in dealing with U.S. dollar will continue to enjoy the tremendous advantage, but this situation may change, S & P can not rule out future adjustments U.S. sovereignty the possibility of debt rating outlook. Carroll said the jobless recovery is the biggest threat facing the U.S. economy is one that no country's AAA rating is always exclusive.
Coincidentally, 13, also Moody's highest rating for the United States has warned. Sarah, a senior analyst at Moody's said that day, if the U.S. does not take measures to reverse the deterioration of fundamentals, then the next two years the United States was designated as the negative rating outlook will increase the likelihood, as a means likely to be negative degradation.
Freddie Mac: 13 January to continue the week to lower mortgage rates
Federal Home Loan Mortgage Corporation 13, said that with bond yields fell, as January 13 the week to mortgage interest rates continue to fall.
In recent months, U.S. mortgage rates continued to fall and hit a record low was recorded because of the uncertainty of the U.S. economy led to falling bond yields, so mortgage rates fell under pressure. However, near the end of 2010, the United States began to rebound in mortgage rates to gradually rise. Mortgage rates typically follow the trend in bond yields, and prices move in the opposite.
Freddie Mac chief economist Bendict Swift pointed out that the recent release of the U.S. December employment report was weaker than expected, suggesting the recovery of the U.S. labor market remains weak, resulting in bond yields continued to fall.
As of Jan. 13 week, 30-year fixed-rate mortgage rate average 4.71%, lower than the previous week's 4.77% and 5.06% a year earlier. 15-year fixed-rate mortgage rates average 4.08%, lower than the previous week's 4.13% and 4.45% a year earlier.
In recent months, U.S. mortgage rates continued to fall and hit a record low was recorded because of the uncertainty of the U.S. economy led to falling bond yields, so mortgage rates fell under pressure. However, near the end of 2010, the United States began to rebound in mortgage rates to gradually rise. Mortgage rates typically follow the trend in bond yields, and prices move in the opposite.
Freddie Mac chief economist Bendict Swift pointed out that the recent release of the U.S. December employment report was weaker than expected, suggesting the recovery of the U.S. labor market remains weak, resulting in bond yields continued to fall.
As of Jan. 13 week, 30-year fixed-rate mortgage rate average 4.71%, lower than the previous week's 4.77% and 5.06% a year earlier. 15-year fixed-rate mortgage rates average 4.08%, lower than the previous week's 4.13% and 4.45% a year earlier.
2011/1/12
Portugal successful sale of bonds closed slightly higher on gold
New York Mercantile Exchange gold futures closed up 12. Among them, the February gold contract rose $ 1.5, or 0.1%, to close at 1,385.8 U.S. dollars / ounce.
Earlier, the Portuguese government bonds auction were due to good demand and market speculation may expand the scale of the EU assistance funds for hedging demand weakened, for, gold futures under pressure.
Richcomm Global Services senior analyst Pradeep Unni said: "As long as the euro zone is still in crisis, investors will take advantage of every kind into the market low, so the possibility is very small drop of gold, at least so in the quarter."
In addition, another analyst said, for not more about the European sovereign debt and U.S. economic growth, bad news, the gold may be difficult to replicate last year's strong performance.
Physical market, due to higher prices, lower demand in India. Physical gold demand in Asia is still very abundant, especially in China, the gold bars to reach 2 year high premium on Tuesday.
Earlier, the Portuguese government bonds auction were due to good demand and market speculation may expand the scale of the EU assistance funds for hedging demand weakened, for, gold futures under pressure.
Richcomm Global Services senior analyst Pradeep Unni said: "As long as the euro zone is still in crisis, investors will take advantage of every kind into the market low, so the possibility is very small drop of gold, at least so in the quarter."
In addition, another analyst said, for not more about the European sovereign debt and U.S. economic growth, bad news, the gold may be difficult to replicate last year's strong performance.
Physical market, due to higher prices, lower demand in India. Physical gold demand in Asia is still very abundant, especially in China, the gold bars to reach 2 year high premium on Tuesday.
Close: Bank shares led the gains U.S. stocks ended higher
U.S. stocks ended higher on Wednesday, all three major stock indexes hit multi-year intraday high. Bonds issued by the Government of Portugal and the success of some good news for the banking industry to promote the banking sector led the broader market. Situation the economy is the Fed Beige Book report that recovery in the job market situation is so optimistic investor sentiment.
EST at 16:00 on January 12, the Dow Jones industrial average rose 83.56 points to close at 11,755.44 points, or 0.72%; the Nasdaq composite index rose 20.50 points to close at 2,737.33 points, or 0.75%; the S & P 500 index rose 11.47 points to close at 1,285.95 points, or 0.90%.
Today, its highest intraday Dow rose to 11,782.23 points, at least two and a half high. S & P 500 index rose to its highest at 1,286.87 points, a new high for the two and a half years. The Nasdaq rose to its highest at 2,736.32 points, the highest intraday point since three years.
Wells Fargo (WFC) recommend that investors buy shares of large U.S. banks, to promote the banking sector generally higher as the promoter. Banking sector analysts believe that there compensatory growth market.
U.S. stocks higher on Wednesday, driven by external market opened higher. Portugal successful auction bonds, eased market concerns about euro zone sovereign debt crisis of emotions.
Economic News, U.S. Treasury Secretary Timothy - Geithner (Timothy Geithner), said the Chinese yuan is undervalued and the reliance on exports and other issues need to be addressed. Geithner is a visit to the U.S. next week, Chinese President Hu Jintao made the remarks before.
EST at 16:00 on January 12, the Dow Jones industrial average rose 83.56 points to close at 11,755.44 points, or 0.72%; the Nasdaq composite index rose 20.50 points to close at 2,737.33 points, or 0.75%; the S & P 500 index rose 11.47 points to close at 1,285.95 points, or 0.90%.
Today, its highest intraday Dow rose to 11,782.23 points, at least two and a half high. S & P 500 index rose to its highest at 1,286.87 points, a new high for the two and a half years. The Nasdaq rose to its highest at 2,736.32 points, the highest intraday point since three years.
Wells Fargo (WFC) recommend that investors buy shares of large U.S. banks, to promote the banking sector generally higher as the promoter. Banking sector analysts believe that there compensatory growth market.
U.S. stocks higher on Wednesday, driven by external market opened higher. Portugal successful auction bonds, eased market concerns about euro zone sovereign debt crisis of emotions.
Economic News, U.S. Treasury Secretary Timothy - Geithner (Timothy Geithner), said the Chinese yuan is undervalued and the reliance on exports and other issues need to be addressed. Geithner is a visit to the U.S. next week, Chinese President Hu Jintao made the remarks before.
2011/1/11
EIA is expected to increase crude oil closed at nearly one-week high
New York Mercantile Exchange, crude futures rose 11, which, in February crude oil futures rose 1.86 U.S. dollars, or 2.1%, at $ 91.11 / barrel to close at nearly a week to the highest level.
Dealers said that China and Japan has helped the euro zone debt crisis control situation, this music market tensions ease, and boosted buying of crude oil.
The dealer also pointed out that the International Energy Agency (EIA) is expected to increase on oil prices spurred oil futures also rose.
International Energy Agency said, raising the average price of crude oil in the first quarter of this year is expected to 92 U.S. dollars / barrel, after the expected value of 89 dollars / barrel, while oil prices expected to rise to 93 in 2011 U.S. dollars / barrel.
In addition, the agency predicted that by 2012, the average price of crude oil will rise to $ 98.
Dealers said that China and Japan has helped the euro zone debt crisis control situation, this music market tensions ease, and boosted buying of crude oil.
The dealer also pointed out that the International Energy Agency (EIA) is expected to increase on oil prices spurred oil futures also rose.
International Energy Agency said, raising the average price of crude oil in the first quarter of this year is expected to 92 U.S. dollars / barrel, after the expected value of 89 dollars / barrel, while oil prices expected to rise to 93 in 2011 U.S. dollars / barrel.
In addition, the agency predicted that by 2012, the average price of crude oil will rise to $ 98.
Close: Japan is ready to aid U.S. stocks closed higher in Europe
U.S. stocks ended higher Tuesday, but lower than the highest intraday point gain narrowed. Japan announced it would buy the European bond market, the news concerns the debt crisis of the euro zone slowed. A storm is approaching New York City, the first batch of companies reported mixed earnings reports, investors can not put a big bet on the market.
EDT at 16:00 on January 11 (Beijing time at 5:00 on January 12), the Dow Jones industrial average rose 34.36 points to close at 11,671.81 points, or 0.30%; the Nasdaq composite index rose 9.03 points, to close at 2,716.83 points, or 0.33%; Standard & Poor's 500 index rose 4.72 points to close at 1,274.47 points, or 0.37%.
Verizon Communications (VZ), AT & T (T) and other general decline in the Dow telecommunications stocks. Verizon Wireless previously announced that next month is expected to start selling the new version from iPhone 4 smart phone. This will end the 2007 Apple (AAPL) iPhone series phones since the launch of AT & T, the exclusive for this best-selling products to provide wireless network situation.
Dow component Sprint Nextel (S) fell. Analysts pointed out, Sprint Nextel losses, it will sell iPhone because of two major competitors to become victims.
U.S. stocks opened higher this morning, but rose in the afternoon and once narrowed down turn. Some market traders said the gains were narrowed because of a snowstorm is approaching, investors are afraid to cast a big bet on the market.
U.S. stocks opened higher on Tuesday, one of the reasons is the second consecutive day as the European Central Bank to take measures in financial pressure on the euro area to buy government-issued bonds, so investors and be inspired. Meanwhile, Japanese Finance Minister Ye Tian Jiayan (Yoshihiko Noda), said the Japanese government will be the first to buy the European Financial Stability Plan (EFSF) issued debt, and purchases of more than 20% of the total issued EFSF. Prior to the statement made in Japan, China has also announced the purchase of 4 to 5 billion euros Portugal bonds.
EDT at 16:00 on January 11 (Beijing time at 5:00 on January 12), the Dow Jones industrial average rose 34.36 points to close at 11,671.81 points, or 0.30%; the Nasdaq composite index rose 9.03 points, to close at 2,716.83 points, or 0.33%; Standard & Poor's 500 index rose 4.72 points to close at 1,274.47 points, or 0.37%.
Verizon Communications (VZ), AT & T (T) and other general decline in the Dow telecommunications stocks. Verizon Wireless previously announced that next month is expected to start selling the new version from iPhone 4 smart phone. This will end the 2007 Apple (AAPL) iPhone series phones since the launch of AT & T, the exclusive for this best-selling products to provide wireless network situation.
Dow component Sprint Nextel (S) fell. Analysts pointed out, Sprint Nextel losses, it will sell iPhone because of two major competitors to become victims.
U.S. stocks opened higher this morning, but rose in the afternoon and once narrowed down turn. Some market traders said the gains were narrowed because of a snowstorm is approaching, investors are afraid to cast a big bet on the market.
U.S. stocks opened higher on Tuesday, one of the reasons is the second consecutive day as the European Central Bank to take measures in financial pressure on the euro area to buy government-issued bonds, so investors and be inspired. Meanwhile, Japanese Finance Minister Ye Tian Jiayan (Yoshihiko Noda), said the Japanese government will be the first to buy the European Financial Stability Plan (EFSF) issued debt, and purchases of more than 20% of the total issued EFSF. Prior to the statement made in Japan, China has also announced the purchase of 4 to 5 billion euros Portugal bonds.
HSBC: the largest emerging economies in 2011, inflation worries
HSBC Bank (HSBC) on Monday (10) released the study shows that the 4th quarter of 2010, HSBC Emerging Markets Index (EMI) rose to 55.7, due to Eastern Europe , India and China
HSBC noted that studies have shown that emerging market growth accelerated in Q4, but the risk of inflation, and this is the biggest worry in 2011.
The bank said HSBC Emerging Markets Index for the first time the hidden inflationary pressures emerge, reflecting rising raw materials prices, the United States
HSBC said that emerging market index from a low of 54.2 last year, rose to 55.7 in Q4 last year, higher than the survey data of long-term average of 54.7; only the expansion rate is lower than the 4th quarter of 2009 and first half of 2010 to the level.
HSBC said that emerging market index rose, reflecting the manufacturing sector in 2010 and became more active in the last one quarter, while service sector growth has remained stable, both the expansion rate is almost the same.
HSBC Group chief economist Stephen King said that emerging market for manufacturing back to the temperature, to promote economic growth, the current tariff barriers to trade in emerging markets yet clear, there is a great global trade will be the scale of growth.
Debt worries drag on European stock markets were mixed to close in New York
Europe, as investors worried about the spread of sovereign debt crises plagued the market again, 10 New York
On the New York stock market opened lower in line with overseas markets overall, mainly because of reports that Portugal , France and Germany
Industry analysts have pointed out, Portugal , Spain and Italy were to sell bonds later this week, which is a severe test of market confidence, people are worried that once the problems of Spain and Italy
Nevertheless, the New York U.S. corporate earnings reporting season's curtain, investors optimistic about the overall performance of U.S.
2011/1/6
Close: Stocks mixed investor profit-taking
EDT at 4:00 p.m. on January 6, the Dow Jones Industrial Average fell 25.58 points to close at 11,697.31 points, down 0.22%; the Nasdaq composite index rose 7.69 points to close at 2,709.89 points, or 0.28%; the S & P 500 index fell 2.71 points to close at 1,273.85 points, down 0.21%.
Telecommunications sector and the retail sector are declining. Most department store retailer's same-store sales less than expected, leading to a general fall in stock prices. However, investors pointed out that by the end of December snowstorm bad weather could make some consumption activities Festival postponed to January.
EU proposed a deal with banking and investment business failures framework conditions, but faces in the future whether shareholders should bear part of the rescue operation expenditure. This news makes investors worried about the debt crisis of the euro zone sentiment once again rise.
Sovereign debt crisis of the euro zone dollar strengthened emotional concerns. Reduced market risk appetite, stocks rose in a row after the pressure.
U.S. Republicans facing a serious challenge Obama in the White House
Local 5, the opening of the new U.S. Congress. As the U.S. Republican Party official in the White House, Obama is also facing severe challenges.
Last November the U.S. Congress in the mid-term elections, Democrats lost the House majority, which means that the U.S.
Former House Republican leader John Boehner, Ohio Republican was elected Speaker of the House. Boehner said that government spending has been increasing, government debt will have a serious impact on the U.S.
It is learned that Republicans are sharpening, Obama's policy plans for new attacks. From 7 day, the House will proceed to discuss the abolition of Obama's health care reform bill. In addition, the Republicans will be to cut government spending and control the budget deficit on the offensive. Boehner intends to cut spending to 2008 levels, which means that during the remainder of this fiscal year the U.S.
Some analysts said that while the Democratic Party still has control of the Senate, but the unemployment rate and the government in the context of high deficits, the U.S.
Pacific Investment Management Company (PIMCO) Gross, co-chief investment officer, said increasing government spending could lead to rising U.S. inflation and a weaker dollar, as soon as possible if the U.S. government does not fulfill the commitment to cut government spending, the U.S. would lose "AAA" sovereign credit Rating. Investors should buy bonds and emerging market sovereign bonds.
2011/1/5
House Republicans took over control of the spending cuts will reduce the size of
Republican official on Wednesday to gain control of U.S. House of Representatives, the party in the midterm congressional elections in November last year, promised to slash government spending, and to victory in the general election, but Republicans are planning to reduce spending cuts plan Scale.
House Republican leader, Ohio Republican John - Boehner (John Boehner) said: "Government spending has been growing, the U.S. government debt will soon dwarf the overall size of the economy. We need more efforts and to make difficult The decision. "His remarks suggest that the Republicans may be with Barack - Obama (Barack Obama) government under the leadership of the Democratic Party to cooperate in order to avoid time in the next few months, into a debt crisis.
In the elections of parliament resumed today after the House of Representatives Speaker Boehner has been selected to take over the California Democrat Nancy - Nancy Pelosi (Nancy Pelosi) positions.
High unemployment and government budget deficits to reach 1.3 trillion, spurred by the Republican Congress last November's mid-term election victory, which gained control of the House of Representatives, while in the possession of the seats in the Senate Also increased, which means that the U.S. government will enter a new era of divided opinion within.
However, under the leadership of the Democratic Party, Obama still has control of the Senate, it can impose restrictions on the Republican agenda. Currently, the Republican president is planning to repeal the landmark health care reform bill and the bill for Wall Street, the implementation of suppression.
House Republican leader, Ohio Republican John - Boehner (John Boehner) said: "Government spending has been growing, the U.S. government debt will soon dwarf the overall size of the economy. We need more efforts and to make difficult The decision. "His remarks suggest that the Republicans may be with Barack - Obama (Barack Obama) government under the leadership of the Democratic Party to cooperate in order to avoid time in the next few months, into a debt crisis.
In the elections of parliament resumed today after the House of Representatives Speaker Boehner has been selected to take over the California Democrat Nancy - Nancy Pelosi (Nancy Pelosi) positions.
High unemployment and government budget deficits to reach 1.3 trillion, spurred by the Republican Congress last November's mid-term election victory, which gained control of the House of Representatives, while in the possession of the seats in the Senate Also increased, which means that the U.S. government will enter a new era of divided opinion within.
However, under the leadership of the Democratic Party, Obama still has control of the Senate, it can impose restrictions on the Republican agenda. Currently, the Republican president is planning to repeal the landmark health care reform bill and the bill for Wall Street, the implementation of suppression.
Positive jobs data boost stocks rose in New York
According to U.S. research company Automatic Data Processing (ADP) reported data, in December last year, the U.S. private sector to increase 297,000 jobs, nearly 3 times the market expected, but the data from the largest since 2000 monthly statistics increase. Unexpectedly large increase in employment data boosted investor on the 7th of December the upcoming employment report's confidence, so encouraged by the market sentiments.
Currently, economists widely expect the U.S. in December a total of 140,000 jobs added, while the overall unemployment rate fell to 9.8% from the previous 9.7%.
In addition, the Institute for Supply Management (ISM) report released the same day, the U.S. ISM services sector index in December was 57.1 points, also higher than analysts expected.
New York stock markets closed, the Dow Jones average of 30 industrial stock price index rose 31.71 points the previous trading day to close at 11,722.89 points, or 0.27%. Standard & Poor's 500 index rose 6.36 points to close at 1276.56 points, or 0.50%. The Nasdaq composite index rose 20.95 points to close at 2702.20 points, or 0.78%.
Currently, economists widely expect the U.S. in December a total of 140,000 jobs added, while the overall unemployment rate fell to 9.8% from the previous 9.7%.
In addition, the Institute for Supply Management (ISM) report released the same day, the U.S. ISM services sector index in December was 57.1 points, also higher than analysts expected.
New York stock markets closed, the Dow Jones average of 30 industrial stock price index rose 31.71 points the previous trading day to close at 11,722.89 points, or 0.27%. Standard & Poor's 500 index rose 6.36 points to close at 1276.56 points, or 0.50%. The Nasdaq composite index rose 20.95 points to close at 2702.20 points, or 0.78%.
2011/1/4
New York Stock Exchange on the 4th high consolidation
According to the U.S. Commerce Department's report, in November U.S. factory orders increased 0.7% qoq, while the market had expected that this data is the slight decline.
In addition, many car retailers, announced the day of last year's sales. Data show that GM, Ford and Chrysler last year, the three major U.S. automakers sales have both been more marked improvement. However, last year the U.S. auto industry is still at the bottom for nearly 30 years, the total sales volume is only better than the badly hit by the economic crisis in 2009.
Commodity prices fell sharply the day, resulting in greater pressure on the stock market. Among them, gold futures fell more than 3%, the biggest one-day drop for the past six months.
After midday, the New York Stock Exchange's main index's decline has narrowed, largely because the Federal Reserve released the same day the last monetary policy meeting showed that Fed officials believe that the U.S. economy appears not enough to let some improvements bond purchase plan on making any adjustments.
New York stock markets closed, the Dow Jones average of 30 industrial stock price index rose 20.43 points the previous trading day to close at 11,691.18 points, or 0.18%. Standard & Poor's 500-stock index fell 1.69 points to close at 1270.20 points, down 0.13%. The Nasdaq composite index fell 10.27 points to close at 2681.25 points, down 0.38%.
In addition, many car retailers, announced the day of last year's sales. Data show that GM, Ford and Chrysler last year, the three major U.S. automakers sales have both been more marked improvement. However, last year the U.S. auto industry is still at the bottom for nearly 30 years, the total sales volume is only better than the badly hit by the economic crisis in 2009.
Commodity prices fell sharply the day, resulting in greater pressure on the stock market. Among them, gold futures fell more than 3%, the biggest one-day drop for the past six months.
After midday, the New York Stock Exchange's main index's decline has narrowed, largely because the Federal Reserve released the same day the last monetary policy meeting showed that Fed officials believe that the U.S. economy appears not enough to let some improvements bond purchase plan on making any adjustments.
New York stock markets closed, the Dow Jones average of 30 industrial stock price index rose 20.43 points the previous trading day to close at 11,691.18 points, or 0.18%. Standard & Poor's 500-stock index fell 1.69 points to close at 1270.20 points, down 0.13%. The Nasdaq composite index fell 10.27 points to close at 2681.25 points, down 0.38%.
U.S. stocks ended mixed the Dow up 0.18%
U.S. stock market on January 4 was mixed by the close, the Dow Jones industrial average closed at 11,691.18 points, up 20.43 points, or 0.18%; the Nasdaq composite index closed at 2681.25 points, down 10.27 points, or 0.38%; the S & P 500 Index closed at 1270.2 points, up 1.67 points, or 0.13%.
Point of view from the disk, stocks closed down slightly less than stocks. In technology stocks, AMD rose 3.66%, the core into the semiconductor, HP, Verizon rose more than 2%; financial stocks, the NYSE Group rose 1.7%, JP Morgan Chase, American Express, MasterCard or more than 1%. Stocks in other industries, General Motors rose 2.27%, Coca-Cola fell 2.07%.
Point of view from the disk, stocks closed down slightly less than stocks. In technology stocks, AMD rose 3.66%, the core into the semiconductor, HP, Verizon rose more than 2%; financial stocks, the NYSE Group rose 1.7%, JP Morgan Chase, American Express, MasterCard or more than 1%. Stocks in other industries, General Motors rose 2.27%, Coca-Cola fell 2.07%.
2011/1/3
Favorable factors gathered gold closed up
The New York Mercantile Exchange, gold closed up 3. Among them, the February gold rose $ 1.5 to close at 1,422.9 U.S. dollars / ounce.
Widely believed that, despite record high international price of gold continuously refreshed, and there is a certain callback in the short-term pressure, but the medium and long term, many factors continue to support gold prices continue to climb.
Saxo Bank (Saxo Bank) analyst Ole Hansen believes that, given the market gold price surge expected to continue warming and rising momentum continued to increase, the price of gold is expected in the short term highs.
Richcomm Global Services, said Pradeep Unni, senior analyst, fundamental factors continue to push gold price, euro zone sovereign debt crises, and the medium-term inflation expectations macroeconomic uncertainties facing and so will support the gold price rise.
Widely believed that, despite record high international price of gold continuously refreshed, and there is a certain callback in the short-term pressure, but the medium and long term, many factors continue to support gold prices continue to climb.
Saxo Bank (Saxo Bank) analyst Ole Hansen believes that, given the market gold price surge expected to continue warming and rising momentum continued to increase, the price of gold is expected in the short term highs.
Richcomm Global Services, said Pradeep Unni, senior analyst, fundamental factors continue to push gold price, euro zone sovereign debt crises, and the medium-term inflation expectations macroeconomic uncertainties facing and so will support the gold price rise.
Close: U.S. stocks a good start the New Year two-year high
U.S. stocks ended higher on Monday, U.S. stocks gained the largest single-day rise since more than a month and a good start in the New Year ushered in the first trading day, the three major stock indexes were high in two years. Economic data show that the U.S. manufacturing sector expanded for the 17th consecutive month, boosted investor confidence in sustained economic recovery.
EST at 16:00 on January 3 (Beijing at 05:00 on January 4), the Dow Jones industrial average rose 93.09 points to close at 11,670.60 points, or 0.80%; the Nasdaq composite index rose 38.65 points, to close at 2,691.52 points, or 1.46%; Standard & Poor's 500 index rose 14.22 points to close at 1,271.86 points, or 1.13%.
Its highest intraday Dow up nearly 134 points, rose to 11,711.47 points, the highest since August 2008 a new high. The Nasdaq rose to its highest at 2704.86 points, the highest 3-year high. The highest S & P 500 index rose to 1,276.17 points, a two-year high. Crude oil futures prices have exceeded $ 92 maximum, also create a two-year high. Financial sector led the broader market.
Economic data side, the U.S. Institute for Supply Management (ISM) released in December of the ISM manufacturing index increased investor confidence. The index of new orders index rose to 56.6 from 11 to 60.9 in January, investors are excited.
U.S. Department of Commerce announced that construction spending in November rose 0.4% qoq, exceeding market expectations. According to Bloomberg News survey of economists on average expected for the ring was an increase of 0.1%. October construction spending ring which was an increase of 0.7%. The data show that U.S. construction spending the first three months of consecutive growth.
EST at 16:00 on January 3 (Beijing at 05:00 on January 4), the Dow Jones industrial average rose 93.09 points to close at 11,670.60 points, or 0.80%; the Nasdaq composite index rose 38.65 points, to close at 2,691.52 points, or 1.46%; Standard & Poor's 500 index rose 14.22 points to close at 1,271.86 points, or 1.13%.
Its highest intraday Dow up nearly 134 points, rose to 11,711.47 points, the highest since August 2008 a new high. The Nasdaq rose to its highest at 2704.86 points, the highest 3-year high. The highest S & P 500 index rose to 1,276.17 points, a two-year high. Crude oil futures prices have exceeded $ 92 maximum, also create a two-year high. Financial sector led the broader market.
Economic data side, the U.S. Institute for Supply Management (ISM) released in December of the ISM manufacturing index increased investor confidence. The index of new orders index rose to 56.6 from 11 to 60.9 in January, investors are excited.
U.S. Department of Commerce announced that construction spending in November rose 0.4% qoq, exceeding market expectations. According to Bloomberg News survey of economists on average expected for the ring was an increase of 0.1%. October construction spending ring which was an increase of 0.7%. The data show that U.S. construction spending the first three months of consecutive growth.
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