The Yen was up due to rising fears of the Euro, making for more costly exports in Japan.
The Hang Seng lost under .5% today with Land holding companies dragging the index down. China
overseas land and Investment LTD lost 4.25% and China Resources Land LTD lost over 2.5%.
The FTSEurofirst 300 is managing to stay afloat so far, ahead of US Employment data, being propped up
by the energy and banking sectors. Bank stocks are up .6% after 4 straight session losses.
The German retail sales rose .6% compared to an estimated .2% and the jobless rate fell to a 20 year low
of 6.7% from 7%.
Broadcasting companies News Corp, Disney, CBS and Comcast will be among the stocks to take a look at
today as they go to court to stop an internet television startup alleging the provider, Aereo, copy’s and
retransmits their programming.
Commodities are starting out similar to yesterday with crude, gold and silver all trading positive and
natural gas in the red this morning.
Contributer Chris Rygh is currently pursuing his MBA in Wisconsin and has a passion for the Market.
Comments can be directed to ryghcw19@uww.edu