Offshore Investment

Crude prices lift stocks
US markets were up at the end of last week helped by rising oil prices and good earnings reports. Record crude prices also helped drive European bourses forward. Upward movement is likely on both sides of the Atlantic with new year highs possible in Europe.
Tuesday, October 30 - 2007 at 17:11 |

Retail sales data boosts US markets
US markets closed up week-on-week, supported by better than expected September retail sales data. European exchanges rose last week on the back of concerns over the US economy's impact on markets. Technically, the bullish sentiment should remain on both sides of the Atlantic.
Monday, October 15 - 2007 at 14:16 |

Record highs for Dow Jones and S&P500
Better than expected economic data helped US markets gain week-on-week, with the Dow Jones and S&P500 posting new record highs on Friday. European bourses were also up, while the euro consolidated most of the week before rebounding on Friday. From a technical point of view, US markets are expected to continue their upward momentum, while Europe should also remain bullish.
Monday, October 08 - 2007 at 13:20 |

Nasdaq posts new year high
US markets enjoyed another positive week, with the Nasdaq posting a new year high. Lower than expected economic data could prompt the Fed to make another interest rate cut. In Europe, with the euro hitting a new record high, markets were generally flat. Upward movement should continue on both sides of the Atlantic.
Monday, October 01 - 2007 at 13:28 |

Fed cut provides lift to US stocks
The Federal Reserve's interest rate cut helped US markets continue their upward momentum and economists hope the move will restore confidence. European bourses were in line with the US although the financial sector still draws scrutiny due to the troubles affecting the Northern Rock. US indexes are near their highs for the year and will need to break above them to continue the upward momentum, while in Europe a strong euro could erode bullish sentiments.
Monday, September 24 - 2007 at 13:20 |

Fed rate cut speculation boosts stocks
US markets rebounded last week, boosted by speculation that the Fed's upcoming interest rate cut, alongside good consumer spending, will help the economy overcome the current housing crisis. European markets were also up despite Friday's report that the UK's Northern Rock had sought emergency lending from the Bank of England, raising fears the credit crisis is hurting financial institutions. Volatility and cautiousness are the dominant theme in all markets this week.
Monday, September 17 - 2007 at 13:21 |

Job data drags down US, European bourses
US markets declined at the end of the week due to disappointing August employment figures, which suggested the housing crisis could spread to the rest of the economy. European markets were also dragged down by the data. Technically, markets on both sides of the Atlantic are set for further corrections.
Monday, September 10 - 2007 at 13:34 |

US President helps boost markets
US markets made gains last week as it appeared that the subprime mortgage crisis wouldn't have a further detrimental effect on the country's economy. European markets rose at the end of the week following the US President's confirmation that action will be taken to overcome the subprime issue. Technically, further upward movement is expected in both US and European bourses.
Monday, September 03 - 2007 at 14:21 |