Articles by Commerzbank
Australian Stock Market Report – Morning October 14, 2014
October 14 2014 10:21 AM
In Chinese economic data released yesterday, the trade surplus narrowed from US$49.83 billion to US$31.0 billion in September with exports up 15.3% on a year ago with imports up 7%.
Australian Stock Market Report – Morning August 13, 2014
August 13 2014 9:20 AM
In European economic news, Germany ZEW economic sentiment index fell from 27.1 to 8.6 - the lowest level in 18 months and well below expectations. The ZEW current conditions index fell from 61.80 to 55.5. No surprise that the weakness was driven by the escalation of tensions between Russia and the West. News reports suggest a growing number of the 6,200 German firms active in Russia are warning about a hit to their business. The survey was based on 222 analysts and investors, and conducted betwe...
Australian Stock Market Report – Morning July 9, 2014
July 09 2014 9:21 AM
In US economic data, consumer credit rose by $19.6 billion in May - in line with expectations. US Minneapolis Fed President Kocherlakota (voter, dove) spoke overnight, saying that the improvement in the unemployment rate overstates the degree of healing in the labour market. In addition he stated that it was more likely inflation would come in below the Fed´s 2% target over the next year than above it.
Australian Stock Market Report – Morning 1/21/14
January 21 2014 9:36 AM
European shares edged lower in thin trade on Monday. A surprising quarterly loss by Deutsche Bank prompted investors to cash in recent gains on banking stocks. Deutsche Bank fell by 5.4% after a drop in fixed income trading revenues restructuring costs, and also warning about a challenging 2014. Credit Suisse fell 2.5% and Commerzbank lost 4.5%. The STOXX 600 Banking index lost 1% but was still up 5.5% so far this year. The FTSEurofirst 300 index fell by 0.1% with the UK FTSE up by 0.1% and the ...
Global Markets Overview - 16 April 2013
April 16 2013 11:34 AM
U.S. stocks suffered steep declines Monday as a plunge in prices for gold and other commodities unnerved investors. Worse-than-expected data on Chinese and U.S. economic growth fueled the selloff, which began during Asian hours and spread around the globe.
Global Markets Overview - 15 April 2013
April 15 2013 10:34 AM
U.S. stocks traded in negative territory for most of the day Friday before paring losses late in the session to end off lows. The Dow Jones Industrial Average finished nearly flat, losing 0.08 point to 14865.06, far off the day's low of 14790.57.
German Exports Increase 1.4% in January Topping Analysts’ Estimates
March 13 2013 3:12 PM
According to figures released on the 11th of March, German exports increased more than initially expected, exceeding analysts' estimates. Official data showed that also German imports surged significantly. After all, the German economy saw some positive signs after a contraction in the fourth quarter of 2012.
Global Markets Overview - 7 February 2013
February 07 2013 11:48 AM
U.S stocks pulled back as the energy and technology sectors struggled. The Dow Jones Industrial Average declined 31 points, or 0.2%, to 13949 Wednesday afternoon, after sliding as many as 66 points in the opening minutes of trading.
Global Markets Overview - 25 January 2013
January 25 2013 10:33 AM
A broad rally in major indexes lost steam Thursday afternoon, as a disappointing earnings report from Apple weighed on technology shares. The Dow Jones Industrial Average rose 19 points, or 0.1%, to 13798. The Standard & Poor's 500-stock index lost three points, or 0.2%, to 1491.
Global Markets Overview - 28 December 2012
December 28 2012 11:48 AM
Financial and materials shares led U.S. stocks lower as the Senate's top Democrat warned a budget deal looks unlikely and a reading on consumer confidence tumbled. The Dow Jones Industrial Average dropped 131 points, or 1%, to 12984 in mid-afternoon trading, dipping below 13000 for the first time since Dec. 5.
Global Markets Overview - 30 November 2012
November 30 2012 1:20 PM
After statements from lawmakers sent stocks into a brief tailspin, stock trading settled down with benchmarks solidly in positive ground by mid-afternoon Thursday.
Global Markets Overview - 20 November 2012
November 20 2012 12:25 PM
The Dow Jones Industrial Average staged a triple-digit advance Monday, as investors rooted for signs of a compromise in Washington on the impending fiscal cliff. The Dow industrials climbed 160 points, or 1.3%, to 12748 in afternoon trading. Friday, it had risen 46 points to snap a four-session losing streak, although the blue-chip benchmark has lost ground for four consecutive weeks
Global Markets Overview - 19 November 2012
November 19 2012 11:30 AM
Stocks posted their biggest daily gain Friday since the U.S. presidential election, after lawmakers said budget talks with the White House were "constructive." The Dow Jones Industrial Average rose 45.93 points, or 0.4%, to 12588.31, reversing a morning slide of as much as 71 points.
Global Markets Overview - 12 November 2012
November 12 2012 10:03 AM
Blue-chip stocks ended flat after a seesaw trading day Friday but were lower for the week, as investors hit the brakes on the selloff that followed the presidential election and turned their attention to the outlook for fiscal negotiations. The Dow Jones Industrial Average closed 4.07 points higher, less than 0.1%, to 12815.39, but posted its biggest weekly loss since the week ended Oct. 12.
Global Markets Overview -10/02/2012
October 02 2012 11:15 AM
Stocks Monday started the fourth quarter mostly higher after a report showed an unexpected expansion in September U.S. factory activity. The Dow Jones Industrial Average climbed 77.98 points, or 0.6%, to 13515.11, following its biggest weekly loss since the week ended June 1. The blue-chip benchmark trimmed gains heading into Monday's close, after climbing as much as 161 points earlier in the day.
Global Markets Overview - 09/20/2012
September 20 2012 11:21 AM
U.S. stocks eked out slight gains Wednesday, supported by strength in the housing sector, as energy stocks dragged the market lower with oil futures tumbling. The Dow Jones Industrial Average (DJI) closed up 13.32 points, or 0.1^*1, at 13,577.96, led by shares of Walt Disney Co. (DIS) and Home Depot Inc. (HD).
Global Markets Overview - 08/21/2012
August 21 2012 11:30 AM
U.S. STOCK MARKETS U.S. stocks took a pause Monday, with the Dow industrials ticking down for the first in three sessions, as telecommunications and consumer-discretionary shares fell. The Dow Jones Industrial Average gave up 3.56 points, or less than 0.1%, to 13271.64. The blue-chip benchmark had capped its sixth-straight weekly advance on Friday, putting it within striking distance of multi-year highs.
Global Markets Overview - 08/13/2012
August 13 2012 10:32 AM
Stocks rallied into Friday's close, with the S&P 500 capping its longest streak of gains since late 2010, as investors shrugged off an unexpected drop in China's trade surplus. The Dow Jones Industrial average rose 42.76 points, or 0.3%, to 13207.95
Global Markets Overview - 08/10/2012
August 10 2012 11:30 AM
Stocks closed little changed, with the S&P 500 ending slightly higher in mixed trading for its fifth straight gain, the longest streak since March. The Standard & Poor's 500-stock index added 0.58 point, or less than 0.1%, to 1402.80. The Dow Jones Industrial Average declined 10.45 points, or 0.1%, to 13165.19, and the Nasdaq Composite Index added 7.39 points, or 0.25%, to 3018.64.
Global Markets Overview - 07/13/2012
July 13 2012 10:50 AM
The S&P 500 fell Thursday, extending the longest slump for the broader market in nearly two months as investors weighed concerns about corporate earnings and a global economic slowdown. The Standard & Poor's 500-stock index dropped 6.69 points, or 0.5%, to 1334.76. Technology and financial shares led declines, while defensive sectors such as healthcare and utilities rose.