Contact us

Company Name:
Lishui Huanqiu Bearing Trading Co., Ltd.

Company Address:
No.11 Shiting Road, Shuige Industrial Zone,Lishui, Zhejiang,China
Contact Person: William

Email: admin@tradebearings.com
Homepage: www.asiabearings.com
Bearing B2B: www.tradebearings.com

email

 

Home > News >

Markets rise as Alcoa sees stronger demand

Global stock markets rose on Wednesday after the fourth quarter earnings season is a good beginning higher demand in the United States in 2013 aluminium giant American aluminum company prediction.
The global economic weakness aluminum demand is hurt, but the United States aluminum company this year is expected to demand grew by 7%, slightly better than the 6% growth in 2012. Due to the aluminum company provide so many important industry, investors studies the overall economic health and the direction of clues.
"Regional market mainly is the aluminum company set the tone early in Asia more solid," stern said, mother killed in Melbourne IG Markets market review. "The United States aluminum company's performance is generally considered to be the leader of the global economy and the fact that aluminum giant forecast, in 2013 the higher requirements for investors comfort."
European stock markets rose slightly in the morning session. British rich 100 index rose 0.3% to 6073.32 point, French CAC - index rose nearly 0.1%, to 3707.28.
German DAX index flat, offer 7699.18 after official figures show that industrial production growth lower than expected November. 0.2% of the increase is not enough to offset the previous month fell 2%, means that the German economy output may decline in the fourth quarter.
, "Capital economy (Capital Economics) European chief economist Jonathan lowe, Paul ince said," these Numbers provide further strong evidence that the euro zone economic weakness has spread to the core.
Investors are looking forward to the European central bank monetary policy meeting on Thursday is weak economic outlook may be in the next few months to cut interest rates by the clues.
On Wall Street, the stock market appeared led income. The dow Jones industrial average futures rose 0.1% to 13278 S&P 500 index futures rose 0.1% to 1452.60. The American market was closed, Alcoa company announced the result.
In Asia, Hong Kong's hang seng index rose 0.5% to 23218.47 last trading day after the downturn, emotional help in mainland China, Chinese stock market gains.
"In China's stability help. In Hong Kong, dun seasonable securities vice President Jackson Wong said:" we have taken a lot of clues, from China and Asia.
Japan's nikkei 225 index is low on strengthening yen, but reversal of course, as the dollar currency decline. The benchmark in Tokyo rose 0.7%, to close at 10578.57 point.
Australia's S&P/ASX 200 index rose 0.4% to 4708.10. South Korea Kopsi 0.3%, to close at 1991.20. Benchmark Singapore, Taiwan, Thailand, the Philippines rise. Drop in Indonesia and Malaysia. Mainland China concept stock go up drop mutual now.
The main stock index to rise sharply, last week, the United States congress passed a bill, in order to avoid the government to cut spending and raise taxes, are referred to as financial cliff combination. The deal, however, is still incomplete, since then, the transaction has been cautious attitude. The politician's another time in two months will be faced with more agree to cut back on spending.
On the commodity market, February delivery benchmark crude oil contract on the New York mercantile exchange electronic dish in trading down 11 cents to $93.04 a barrel.



Other News:
Markets rise as Alcoa sees stronger demand
Eli Lilly settles Mass. pregnancy drug-cancer case
Hollande details plan to put French state on diet
Microwave keeps bread mold at bay
Indonesia to add photo warnings to cigarette packs
World stocks rise as Alcoa sees stronger demand
German exports down 3.4 percent in November
Google's Schmidt urges Internet openness in NKorea