Archive | June 18, 2007

Nikkei Advances 1%, Nears YTD, Multi-year High

* Nikkei 225 Stock Average: +178.03 (+0.99%) to 18,149.52; highest close since 2/27; ytd & multi-year set 2/26 * Nikkei 225 futures Osaka: +180 (+1.0%) to 18,200 * TOPIX: +15.45 (+0.87%) to 1,788.39; Advancers 1,236 x decliners 361 (unchanged 135); new highs 119 vs. new lows 6 * Jasdaq: +0.75 (+0.91%) to 83.21 * USD/JPY [...]

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Greenspan on Rising Treasury Yields and China Possibly Selling

This is so good we have to post it even though it was reported in the media a few days ago. By now everybody is talking about the rising yields of bonds and as a result mortgages — definitely not a positive development for an already weak U.S. real estate market perhaps induced and now [...]

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