Markets Trade Flat in Early Trade

[manishds 10]

The Global Markets gives out mixed clues this morning. U.S. stocks fell after a downgrade of Greece halted an early rally and the Standard & Poor’s 500 Index failed to hold above levels monitored by traders who base investment decisions on charts. European stocks advanced for a fourth day to a one-month high as a report showed the regions industrial production increased more than forecast in April. This morning Asian stocks fell for the first time in four days after a cut to Greece’s credit rating renewed concern that Europe’s debt crisis will hinder a global economic recovery and sap demand for resources. In commodities, Crude oil traded near $75 a barrel, reversing earlier losses, on expectations for higher economic growth in the U.S., the world’s largest energy user. Gold, little changed, may advance as a Greece’s credit rating was slashed, raising concerns the global economic recovery may slow and boosting demand for the precious metal as a means of protecting wealth. Copper dropped for the first time in six days, snapping its longest rally in more than five months, on concern that Europe’s debt crisis...

 

To read full market analysis you can refer to:

http://www.dsij.in/tabId/376/itemId/...rly-Trade.aspx'>http://www.dsij.in/tabId/376/itemId/...rly-Trade.aspx

 

Source: Dalal Street Investment Journal

http://www.dsij.in

[Marnie Jazmyn 10]

The government plays a major role in the money market, acting both as a lender and borrower and often using its position to influence the money supply and interest rates according to its monetary policy. The U.S. money market covers financial instruments ranging from bills of exchange and government securities to funds from clearinghouses and certificates of deposit.