Monday, 31 May 2010

Market brief 31/5

1 câu này là đủ:

“There was no bad news over the weekend,” said Eduardo Favrin, who oversees about $2.5 billion in stocks as head of equities for HSBC Global Asset Management’s Brazil unit in Sao Paulo. “The absence of the American market really dries out the liquidity in other markets.”

Stocks Rise in Europe, Canada as Oil Gains; Spanish Bonds Drop

“Over the next one-two months a relatively resilient economic and profit outlook should push riskier assets up,” Jan Loeys, a London-based strategist at JPMorgan Chase & Co., wrote in a report e-mailed today. “Confidence surveys remain strong and lower interest rates, oil prices and a cheaper euro are providing positive feedback from the market correction.”

Good, this guy is very good of summarising good news.

Err, How about Greece or Spain?

1/ Spanish government bonds fell after Fitch Ratings stripped the nation of its AAA rating. => This news has already been expected and discounted mostly.

2/ Hy Lạp: don't tell me what to do (although I need money from you!)

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