Saturday 24 March 2012

U.S.STOCK

U.S. stocks rose in light volume on Friday, buoyed by rising energy and basic materials shares, as the S&P 500 kept showing resilience even as it posted its second negative week so far this year. 

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ASIAN MARKET

Asia Pacific stocks closed mostly lower on last trading day of the week (Friday, March 23, 2012), as risk aversion selloff triggered across the region on mounting anxiety worsening global growth factors. Sentiment on risk assets hit bycontinued drop in China’s manufacturing sector that shrank for a fifth consecutive 


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U.S.TREASURIES

Benchmark yields were on track to fall 6 basis points for the week, retracing about 25 percent of last week’s spike, which was the biggest one-week rise since late June 2011. 


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NIKKEI

The Nikkei225 index lost 1.17%, registering first weekly fall in seven straight weeks, but remain 18.4% up year to date. 

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