07:58 am : [BRIEFING.COM] S&P futures vs fair value: +7.50. Nasdaq futures vs fair value: +20.00. Futures are near their best pre-market levels, currently up around 0.6%. The markets are setting up for the main event of the day as Federal Reserve Chairman Ben Bernanke will comment on monetary policy in a highly anticipated address from Jackson Hole, WY at 10:00 ET.
Overnight, Asian markets closed lower while European indices trade near their session highs. The Asian session saw weaker than expected Industrial Production out of Japan, which was attributed to sluggish demand in China and Europe. South Korea's Industrial Production reading saw similar results which added to the bearish sentiment. China's Vice Finance Minister hinted at room for policy adjustment and expressed confidence in future growth. Meanwhile, Goldman's chief China strategist believes the slowdown in Chinese stocks is likely to be short lived and expects a cyclical recovery in the back half of the year. China will post its PMI readings over the weekend.
European indices are drifting higher, though volumes are low. The data released was not particularly robust as German retail sales data showed a 1.0% year-over-year decrease, while an improvement of 0.4% was expected. Elsewhere, Eurozone Unemployment was in-line at 11.3% and Spain's 10-year yield has added 11 basis points, to 6.699%. At midday, Germany's DAX and France's CAC are up 1.3%, respectively, while UK's FTSE is higher by 0.6%.作者: aimei 时间: 2012-8-31 08:40
好像周五多是 bull ya
今天又是八月最后一天
Bang bang shooting high
放烟花 过节
(*^__^*) 嘻嘻…… 作者: 喜欢热闹 时间: 2012-8-31 08:51
With Ben Bernanke scheduled to speak at 10:00 ET, shares of major financials bear watching throughout the day. These stocks are very sensitive to stimulus talks as banks stand to gain the most from any potential easing measures. Bank of America (BAC 8.01, +0.10), Citigroup (C 30.00, +0.35), and JPMorgan Chase (JPM 37.24, +0.34) are all up near 1.0% in pre-market.作者: not4weak 时间: 2012-8-31 09:12
开盘就PAO了吧作者: aimei 时间: 2012-8-31 09:16
开盘就PAO了吧
not4weak 发表于 2012-8-31 09:12
yulp 作者: aimei 时间: 2012-8-31 09:19
The global equity markets endured a mixed overnight session. Asian stocks were mostly lower while Europe is making broad gains. Today's data was hardly inspiring as German retail sales data showed a 1.0% year-over-year decrease, while an improvement of 0.4% was expected. Elsewhere, Eurozone Unemployment was in-line at 11.3% and Spain's 10-year yield has added 11 basis points, to 6.702%.
European indices are drifting higher on low volume as weekend rumors make the rounds this morning. One report suggests Spain has approved the creation of a bank which would take over bad loans. In addition, the European Union plans to make the European Central Bank the sole authority in granting bank licenses.
Germany's DAX is up 1.4% as financials lead the way. Deutsche Bank is higher by 3.6% while Allianz and Commerzbank are up roughly 2.0%. With the vast majority of the index posting advances, chemical company K+S and industrial HeidelbergCement are down 0.7% and 0.2%, respectively.
France's CAC is higher by 1.5% as financials make biggest advances likely related to the banking license news. Credit Agricole is spiking 5.7% while Societe Generale is up 2.3%. Cie Generale d'Optique Essilor and Carrefour are down 0.6% each.
In the UK, the FTSE is adding 0.8% as miners rebound from recent weakness. Xstrata and Glencore International are posting gains of 3.3% each. Utility stocks are weaker with Centrica and National Grid both down near 0.5%.
The major Asian averages finished lower作者: not4weak 时间: 2012-8-31 09:20
