Archive | July 6, 2007

Derivatives and Forex Food For Thought

By on July 6, 2007 in General

A WSJ AsiaLinks email alert contained the following figures, explaining briefly where the action is: Over the past six years, global futures trading on the world’s exchanges has grown nearly 30% a year, expanding the total derivatives market to about $500 trillion — four times the value of all publicly traded stocks and bonds. As [...]

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Nikkei Down 0.4%, Snaps Six Session Streak

By on July 6, 2007 in Market Summary

* Nikkei 225 Stock Average: -80.54 (-0.4%) to 18,140.94, down on profit-taking, higher bond yields, ahead of U.S. employment data release * Nikkei 225 futures Osaka: -90 (-0.5%) to 18,150, Singapore (SGX) 18,160, Chicago (CME) 7/5 — 18,235 * TOPIX: -8.49 (-0.5%) to 1,779.67; Advancers 390 x decliners 1,203 (unchanged 138), New highs 31 x [...]

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