World Stock Market rally continues

Date October 12, 2007

World stock markets continued their post sub prime housing crisis rally and extended their gains. Most of the asian stock markets are at an alltime high. Bullion markets are doing well, with Gold and Platinum hitting all time highs, on the back of a weak dollar. The US stock markets were up today after WALMART came out with excellent results. The US labor market is doing well and this affected the sentiments in the american bond markets, since analysts feel FED might cut the benchmark rates in its forthcoming meeting.

Category Posted in US Stock Market, World Stock Markets