US data showing the number of Americans filing new claims for unemployment benefits rose less than expected last week added to the positive tone in equity markets. It came a day before...
90 seconds at 9 am:Global stocks rally (news with Bernard Hickey)
US stocks up 0.5% Best start since 1987 Bank of America profit Good jobs data European stocks up 1-2% French, Italian bonds Yields fall after Good bond auctions Spanish 10 yr bond 5.4% ECB's LTRO working Stabilising banks, bonds Commerzbank bank reassures China loosens policy More bank lending Big and small businesses Brazil cuts key rate Australian jobs down 29300 Jobs fell 100 in all 2011 Worst jobs year in 20 yrs RBA rate cut expected NZ$ still over 80 USc Off peak despite stocks Prices fell in Dec qtr OCR on hold till late 2012
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