Optimism About Interest Rates Contributes To Uptick On Wall Street

Stocks fluctuated over the course of the trading session on Tuesday before eventually ending the day modestly higher. With the uptick on the day, the Dow reached its best closing level in well over three months. The major averages finished the day well off their highs of the session but still in positive territory. The Dow crept up 83.51 points […]

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London Stock Exchange outage paralyses trading

The London Stock Exchange has been hit by its third system outage since October of this year The issue affected training in a large number of smaller stocks for around 30 minutes earlier this morning (December 5). Financial analysts have warned that the company’s credibility going forward due to the series of system outages happening in such quick succession. In […]

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German Consumer Confidence Rises In December

Consumer morale in Germany rose moderately in December amid the slowing inflation but sentiment stayed at a very low level signaling no signs of sustainable recovery, survey results published jointly by GfK and the Nuremberg Institute for Market Decisions, showed on Tuesday. The consumer confidence index rose to -27.8 in December from -28.3 in November. The reading was seen at […]

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Sooooo Many Mercedes-Benz Cars!

What do you get when you roll out 81 supremely beautiful Mercedes-Benz gadis in one go? The tenth edition of the Mumbai Mercedes-Benz Classic Car Rally. Sooooo many classic Mercedes-Benz cars all in one place! The rally must have been a sight to behold :(Sadly I could not be a part of it, but thanks to friends, colleagues and the […]

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Ten-Year Yield Rebounds From Three-Month Closing Low

Following the rally seen over the course of the previous session, treasuries showed a notable move back to the downside during trading on Monday. Bond prices came under pressure early in the session and remained firmly negative throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, climbed 6.2 basis points […]

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