2010年12月2日星期四

Positive economic data support the stock market continued to rise in New York

The U.S. announced a series of relevant data again shows that the U.S. economic recovery is sustained, the same day the New York stock market continued strong gains by the close, the three major indexes rose about 1%.
National Association of Realtors data released the same day morning, in October signed the U.S. existing home sales index increased by 10.4% qoq. This increase is not only far exceeded market expectations, it is the data since 2001 the largest increase since statistics, so the market has played a significant supporting role. Investors hope that the economic crisis hit by the real estate market can really the path of recovery.
At the same time, preliminary investigations revealed that the strong U.S. retail sales in November increased by 6%, which not only confirms the year-end shopping season again, a good start the momentum, but also to investors, and one month after the sale of the Christmas holidays With a further look.
In addition, the U.S. Department of Labor also released on the same day for the first time jobless claims data, the situation is not pessimistic. Although initial claims for unemployment benefits last week, the number of people affected by seasonal factors, rose more than expected, but more representative of the four-week moving average long-term trend has continued to decline to two-year low, which is the job market is a positive signal.
External news, the European Central Bank said on that day will continue in 2011 the current liquidity contingency plans, though the bank did not announce a more specific stimulus, but the market investors believe the ECB will significantly increase the size of government bonds to buy, those debt-ridden in order to provide financial support to countries.

More:

Frankfurt suffer for the ECB, but ended at a record level (1.32%)


MID-SESSION TO WALL STREET - Increase sales with promises


France: home loans at 3.22%, the lowest level since 1945


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