Close: positive earnings U.S. stocks closed higher with the data

U.S. stocks ended higher on Monday. Investors in the volatile situation in North Africa, to wait and see attitude. Exxon Mobil earnings and better than expected economic data boosted market sentiment.

EST at 16:00 on January 31st, the Dow Jones industrial average rose 68.23 points to close at 11,891.93 points, or 0.58%; the Nasdaq composite index rose 13.19 points to close at 2,700.08 points, or 0.49%; the S & P 500 index rose 9.78 points to close at 1,286.12 points, or 0.77%.

The Dow on Monday for the first time in four years to achieve the 1 month closing high on line, and harvest the best performance since 1997 in January. So far this month, the Dow has risen more than 2%. S & P 500 Index so far this year has risen by 2%, the Nasdaq rose 1%.

Chip giant Intel (INTC) closed flat, due to design flaws found in chipsets, Intel shares have been suspended from trading morning, then resumed. Intel also raised its revenue outlook as a whole.

Today morning the news of Intel's stock was suspended from trading stocks to go so soft. The chip giant reported that chipset design defects, thereby reducing the expected revenue to $ 300,000,000.

Oil giant Exxon Mobil (XOM) rose 2.1%. The company said its fourth-quarter profit rising oil prices increased by 53%, exceeding market expectations. Exxon Mobil earnings by the promotion of general rise in the energy sector.

31 international oil prices soared to record in September 2008 a new high

Federal Reserve (Fed) Chairman Ben Bernanke (Ben Bernanke) will be held Feb. 9 at the House Budget Committee (House Budget Committee) to testify, since the Republican-controlled House of Representatives for his first appearance since the House Budget Committee.

 Bernanke will be the week of Feb. 12 to attend the hearing, the Congressional Budget Office Director Al Elmendorf (Doug Elmendorf) will be 10 witnesses.

 House Budget Committee Chairman Paul. Ryan (Paul Ryan) will play a key role in the hearing, to fight on behalf of Republican control of federal government spending to achieve the purpose. The Budget Committee hearing on the subject will certainly be issues around the fiscal imbalance.

 Earlier, Bernanke in early January before the Senate Banking Committee (Senate Budget Committee) to testify.

"Financial Times": the next crisis will occur in emerging markets

As usual, I did not participate in any of a Davos forum. But I managed a few interesting people and discussed the global economy.
My feeling is that optimism has returned. Even "Dr. Doom" Roubini was also optimistic than ever. China and India at Davos to show a strong power, reveal a message - their time has come. It seems not many people have questioned China and India will continue to maintain high growth. Sentiment about the U.S. economy has also been significant changes. Some observers even in the discussion of contribution the U.S. economy will grow 3.5% in 2011. Most people believe that the federal government in the sale of bonds will not encounter too many difficulties. Even the panic about the euro area seems to have eased a lot. People seem to believe that defaults will not appear on this year.
At the same time, it is likely that they can find another party point of view, one of them to emphasize the economic uncertainty. Another perspective emphasizes the euro zone may be an unexpected breach of contract, breach of contract may be the Irish State, and breach of contract may occur in the country after the election. This may lead to market volatility and European banks rely on these markets. Another concern is that inflation and high-income countries are increasing the public debt.

Fed: M1 increased by 0.52% 1.63% M2

The Fed on Jan. 27 to the latest week, the money supply report showed a seasonally adjusted basis, as of January 17 the week of the M1 money supply increased 30.3 billion, to $ 1,853,000,000,000; M2 money supply increased 466 Billion, to $ 8,862,000,000,000.
3.Continued maintenance of stability at the end of the Fed or small-scale "Exit"
Federal Reserve monetary policy meeting in 26 said in a statement after the regular decision-making, peacekeeping in the country will continue to benchmark interest rate from 0 to a record low of 0.25% unchanged, in order to further stimulate the U.S. economic recovery. In addition, plans will continue to promote the 600 billion U.S. dollars by bond purchase plan.
Analysts pointed out that can be seen from the statement, the job market downturn in the short term change in U.S. policy will not loose, but the U.S. economic recovery has been enhanced, quantitative easing policy has stimulated efforts to reduce even the possibility of early termination.
The Fed said in a statement, to keep the benchmark interest rate to 0.25% at 0 range unchanged. Since since March 2009, the Fed has been reiterated in a longer time to maintain interest rates at low levels.
Statement that the U.S. economy is recovering, but not enough to significantly improve the recovery rate of employment. In this regard, CITIC Securities International, said Hu Yifan macroeconomic researchers, such macro-economic environment prompted the Fed to maintain its expansionary monetary policy stance. The federal funds rate may be maintained in the longer period of time at very low levels, there will be no change this year.
As the Fed statement said, the high unemployment rate is still the reason for the Fed to maintain an accommodative policy. Although the U.S. unemployment rate in December compared with a significant reduction to 9.4%, but still a high level, and when the weekly number of initial claims for unemployment benefits still volatile. This means that the U.S. economy still needs a more robust recovery in order to bring the unemployment rate to achieve sustained, significant recovery.

Differentiation trend of the three major U.S. stock index edged down 0.03% Dow

The three major U.S. stock index on January 25 is mixed, the Dow edged down 0.03%, Nasdaq, S & P was up. At the close, the Dow Jones industrial average closed at 11,977.19 points, down 3.33 points, or 0.03%; the Nasdaq composite index closed at 2719.25 points, up 1.70 points, or 0.06%; the S & P 500 index closed at 1291.18 points , up 0.34 points, or 0.03%.
From the disk point of view, technology stocks is mixed, Ericsson closed up 3.92%, Cisco, Intel, Google and other closing rose over 1%. Nokia, Texas Instruments closed down, Yahoo was down 0.44%, the company reported fourth quarter reported a net profit of 312 million, an increase of 104%. Most financial stocks weakened, Goldman Sachs, American Express, Bank of America fell more than 2%, CIGNA, Allstate and other close up.
Message level, the U.S. Conference Board on Tuesday announced that January's consumer confidence index was 60.6 points higher than the market expected. In addition, Standard & Poor's report, in November 2010 across the board decline in U.S. housing prices in major cities, the overall decline than expected.

Dow approaching 12,000-point mark

Although the company released the same day news was mixed, but the U.S. president as investors anticipated the forthcoming State of the Union optimistic about the stock market soaring 24 New York, the Dow Jones index close to 12,000 points and once again hit a closing high of more than two years.
There is no economic data released the day, investors are still concerned about the earnings of large enterprises. Dow stocks, the day of fast-food giant McDonald's announced fourth quarter net profit rose 2.1%, in line with market expectations. But the company's same-store sales growth slowed at the end there are signs that some investors disappointed.
At the same time, another Dow stocks, chip giant Intel Corp. announced the same day will increase dividends, repurchase stock and increase the intensity of stimulation of the company rose more than 2% of the entire tech sector strength.
In addition, investors Barack Obama for the upcoming State of the Union 25 released optimistic. There were indications that President Obama will call for bipartisan "common sacrifice" and reduce the corporate tax, the market believes that these initiatives will help the development of enterprises.
In addition, the market is earnings for the overall situation is still quite satisfactory. Data, earnings reports have been published in the 84 S & P 500 stocks, 73% of the companies outperformed Wall Street expectations.

Technology stocks led the declines across the board Thursday, three major U.S. stock indexes down

Although the economic data released the same day and the overall good performance of the company, but 20 still continued to New York the day before the stock market's downtrend, At the close, the three major indexes fell across the board.
Day morning, the Labor Department data released last week, the United States the number of initial claims for unemployment benefits fell sharply by 3.7 million, the total dropped to 40.4 million, fell far more than market expectations.
, The United States Association of Realtors announced that existing home sales in the United States in December 528 million, beating analysts expectations. However, existing home sales in the U.S. last year is still the worst year in 13 years that the U.S. housing market recovery is still some time away.
In addition, large companies of the United States will be based on the report, measures the United States the next 3 months to 6 months the economic situation in December leading economic indicators increased 1% qoq, better than market expectations.
Enterprise performance, the second-largest U.S. investment bank Morgan Stanley announced the same day reported a significant increase by the asset management business to promote, the company earnings in the fourth quarter rose 60%.
Nevertheless, on the New York stock market performance is weak, and the tech-heavy Nasdaq index is the second consecutive day in the three major stock indexes in the leading decliners. Some analysts have pointed out that the continuous rise in pre-market after the stock market correction expected in the investor base.

The three major U.S. stock indexes down the general decline in financial stocks

The three major U.S. stock indexes closed down on January 19. At the close, the Dow Jones Industrial Average index closed at 11,825.30 points, down 12.64 points, or 0.11%; the Nasdaq composite index closed at 2725.36 points, down 40.49 points, or 1.46%; Standard & Poor's 500 index closed at 1281.92 points, down 13.10 points, or 1.01%.

Read from the disk, more than technology stocks fell, Nokia fell 3.56%, down 2.84% Allegheny, Nvidia fell 2.71%, down 2.71% Alcatel-Lucent, Amazon, or 2.29%, Dell fell 2.27%, Texas Instruments or such decline among the top 1.99%. IBM rose 3.35%, up 0.70%, Verizon, Oracle rose 0.22% and other gainers. Financial stocks Pudie, REGIONS FINL down 5.56% or 4.69% Goldman Sachs, Bank of America fell 4.20%, AIG fell 4.04%, 3.48% Morgan Stanley and other drop down top.

News, Goldman Sachs fourth quarter revenue of $ 8,640,000,000 net, down 10%, net profit of 23.9 billion U.S. dollars, down 53%, $ 3.79 per diluted share; 2010 revenues of 39.16 billion U.S. dollars, net profit $ 8,350,000,000. $ 13.18 per diluted share, a year earlier to $ 22.13 per diluted share.

Paul Krugman: The absurd logic of the Republican Party

My wife and I are planning to share the meal out less expensive dinner, but House Speaker - John Boehner (John Boehner) was told that once we will need to pay the mortgage each month into account, no matter the meal how cheap it all would cost thousands of dollars.

Readers may feel confused, mortgages, eating out is how to increase the cost of it? Even if we stay at home, we still have to pay every month do not have the same amount of debt it? However, his views, Mr. Bona believer, and that the mortgage loan is part of the cost meals, saying otherwise the budget tricks.

Of course, Mr. Speaker did not actually plan our dinner make any recommendations, but he and his Republican colleagues and I recently had published a description of the situation is very similar to the absurd remarks, speech is not about dinner, but on health care reform . And those absurd remarks not because of the emergence of slip of the tongue, but through the performance charts and figures out of a clear position.

I believe that we witness a political something new. We can afford to take a look at last year's tax cuts, said the idea that we can avoid cutting any of the popular programs while balancing the budget, I observed that the Republicans seem to have lost interest in the fight against terrorism, and the attention to and arithmetic struggle, now, the Republican Party seems to have shifted to a larger project, namely, the struggle with the logic.

Close: Wall Street another boost Boeing to exert a new high of 30 months

U.S. stocks ended higher on Tuesday, the market another 30 months high. Aerospace giant Boeing pushed the Dow higher. Citigroup disappointing earnings, Apple CEO Steve Jobs health concerns about the market, the two companies's shares lower.

EST at 16:00 on January 18, the Dow Jones industrial average rose 50.55 points to close at 11,837.93 points, or 0.43%; the Nasdaq composite index rose 10.55 points to close at 2,765.85 points, or 0.38%; the S & P 500 index rose 1.78 points to close at 1,295.02 points, or 0.14%.

Today, its highest intraday Dow rose to 11,858.78 points, a record high of 30 months. As of Friday, the Dow has closed higher for 7 weeks and closed at a new high since mid-2008. On Monday the U.S. financial markets closed for Martin Luther King Day.

Dow component Boeing (BA) ended sharply higher, or among the first Dow component. The company said the latest announcement, expected to begin shipping in the third quarter, the new Boeing 787 aircraft.

Among S & P 500 index, natural resources and industrial sector performance excellence, communication sector performance is the worst.

iPod maker Apple (AAPL) was down due to sickness of the company CEO Steve Jobs may have aroused concern in the market. Apple will report earnings after the bell on Tuesday. Analysts worry that Jobs left Apple may adversely affect the company.

Bank shares push higher in New York Stocks

Chip giant Intel Corp. announced after the close reported a previous session, the fourth-quarter profit rose 48%, higher than analysts expected.
JP Morgan Chase's earnings announcement day, better-than Wall Street expected. Data show that the increase in operating income due to loan losses and reduced profitability in the fourth quarter rose 47%. At the same time, the company also said the company may be last year dividend increased to $ 1 per share, and may raise dividend again in the second quarter. Investors have speculated that a substantial performance increase as banks, major banks are starting dividend may, therefore, provides support for the entire banking sector.
New York stock markets closed, the Dow Jones 30 industrial stock index rose more than 55.48 points the previous trading day to close at 11,787.38 points, or 0.47%. Standard & Poor's 500 index rose 9.48 points to close at 1293.24 points, or 0.74%. The Nasdaq composite index rose 20.01 points to close at 2755.30 points, or 0.73%.

US-listed Chinese companies frequently in many types of agencies to short hunt

Listed within the basic and "profit" more than "background"do not miss deep SMEs, most SMEs bank financing basic and has nothing to do. Many small businesses can choose the ultimate backdoor listing overseas financing. According to incomplete statistics, the backdoor listing of domestic companies in overseas more than 600, despite the lack achieve the OTCBB as a springboard to a successful market position to the motherboard business, but most business with the idea of the actual financial effect of the gap, Deceived even intermediaries. Now, outside the backdoor of the corporate finance What are the risks and pitfalls facing? Successful Listing of the company is faced with the kind of problem?
 If you do not muddy the company (a company specializing in unusual and short stocks of U.S. companies) in a surprise attack and the U.S. Securities and Exchange Commission (SEC) investigation, I am afraid not many people know and have heard of Dalian RINO Environmental Engineering Technology Co., Ltd. (RINO. NASDAQ, hereinafter referred to as "RINO").
 From the Transfer to the Nasdaq delisting by SEC ordered to withdraw from the market, after less than a year and a half from the peak of the Green Snow fell to the bottom. Zou Dejun, CEO of the Green promise the end of 2010 China has become the most tragic of the entrepreneurs.

New York Stock Exchange edged down 13

Than-expected employment data by other factors, 13 New York stock market index fell slightly by the close, the three major stock indexes all fell less than 0.2%.

Day morning, the U.S. Labor Department data showed U.S. initial claims for unemployment benefits last week, the number of accidents increased by 3.5 million, the total rose to 44.5 million people, the highest level since the end of October, while analysts had expected that this Data will be a small decline. Affected by this, the three major New York stock market index opened lower.

Although market sentiment has been the impact of the weak jobs data, but not significant decline in stock that day. Following the successful issuance of the bonds, after Portugal, Spain and Italy the same day the auction of government bonds also gained the recognition of investors and further reduce the market for sovereign debt crisis of the European concerns, the U.S. stock market has played a supporting role.

At the same time, investors are waiting to be released late the same day the chip giant Intel's earnings, the results may affect the trend of technology stocks in the coming days.

New York stock markets closed, the Dow Jones 30 Industrial Average index over the previous trading day down 23.54 points to close at 11,731.90 points, down 0.20%. Standard & Poor's 500-stock index fell 2.20 points to close at 1283.76 points, down 0.17%. The Nasdaq composite index fell 2.04 points to close at 2735.29 points, down 0.07%.

Bernanke: U.S. economic growth this year of 3% -4% can be

Federal Reserve Chairman Ben Bernanke on Jan. 13 said the U.S. economy is good growth in 2011 is expected to achieve growth rate of 3% -4%.

 Bernanke believes that America's current economic growth is still insufficient to significantly reduce the high unemployment rate, but the acceleration of economic growth for the enterprises to improve business and sales performance is undoubtedly good news.

 13 U.S. Department of Labor data released showed U.S. wholesale prices in December 2010 rose by 1.1%, rising for the sixth consecutive month, showing the slow recovery of the U.S. price. Data show that in December 2010 the U.S. unemployment rate was 9.4%, compared to 9.8% in November last year, down 0.4 percentage points.

Than-expected drop in crude oil stocks in October 2008 to record high

Crude oil futures on Wednesday a two-year high, the Portuguese successfully issued bonds, the weak dollar and U.S. stocks fell more than expected last week, is the main reason for rising oil prices.

 February crude futures contract rose 75 cents, or 0.8%, to close at $ 91.86 a barrel, the highest since October 3, 2008 has been high.

 According to the U.S. Energy Department released data show that as of Jan. 7 in the week, commercial crude oil inventories were down 220 million barrels. According to the survey, analysts on average had expected crude stocks last week, the chain will be down 30 million barrels.

German Finance Minister: Europe is expected mid-term solutions to difficult labor debt crisis

German Finance Minister Schäuble (Wolfgang Schaeuble) Wednesday (12), said euro zone countries are working hard to medium-term euro zone debt crisis solution for integrated programs. However, he is expected at the next meeting of euro group agreed on the program will not, but it may reach an agreement at the next summit.

According to two sources said the euro zone governments are considering providing assistance to Portugal and take the bond repurchase, loan interest reduction assistance as well as excessive debt and other comprehensive programs to provide security to quell the sovereign debt crisis.

Eurozone finance ministers next week to the elements of the scheme discussed, but the German side of the argument too sensitive reasons, the final decision on the plan may be to the February 4 euro zone leaders held Summit to be taken.

EIA: U.S. oil demand in 2011 expected increase of 0.8%

U.S. Department of Energy (EIA) on Tuesday (11), said the agency expects U.S. oil demand in 2011 of 1929 barrels / day, compared with levels in 2010 increased by 16 million barrels / day, an increase of 0.8%.

Sustained economic recovery, the Government predicted that U.S. oil demand in 2012 will be a modest annual rate of less than 1% growth in U.S. oil demand growth in 2010 1.9% increase for the first time since 2005.

Outlook 2012, EIA expects crude oil demand will further increase by 17 million barrels / day to reach 1946 barrels / day, still lags behind the level of demand in 2008.

EIA, in its monthly short-term energy outlook report, said it expects first-quarter demand for crude oil in 1932 b / d over the same period increased by 50 million barrels / day, an increase of 2.7%. EIA in the December quarter oil demand growth forecast of 2.2%.

Good earnings slightly higher to promote the New York Stock Exchange

By the Japanese company announced strong earnings and the support of European bonds to buy, 11 New York stock market rebounded by the close, all three major indexes rose more than 0.3%.

Energy stocks led the gains in the market that day, mainly due to the Alaska oil pipeline shut down because of leaks led to the international oil prices, and promote related stocks prices higher.

In addition, Alcoa announced in the previous session after the close of the fourth quarter performance of the company, the results show a profit than analysts expected. Moreover, Alcoa also raised its full-year 2011 earnings expectations, and thus to a new round of corporate earnings season off to a good start to boost the stock market played a role in mood.

Meanwhile, the troubled New York Stock Exchange the day before the European sovereign debt crisis as Japan's commitment to European financial rescue fund to buy bonds issued eased, however, investors will still pay close attention to the Portuguese Treasury auctions 12 and The auction will be on the market confidence as a severe test.

On the data front, the day the U.S. Commerce Department report showed that U.S. wholesale inventories in November fell by 0.2% qoq, while wholesale sales increased by 1.9% qoq, indicating that companies generally optimistic about the market demand.

New York stock markets closed, the Dow Jones 30 industrial stock index rose more than 34.43 points the previous trading day to close at 11,671.88 points, or 0.30%. Standard & Poor's 500 index rose 4.73 points to close at 1274.48 points, or 0.37%. The Nasdaq composite index rose 9.03 points to close at 2716.83 points, or 0.33%.

The three major U.S. stock indexes were mixed the Dow fell 0.32%

U.S. stocks mixed on January 10. The Dow Jones industrial average closed at 11,637.50 points, down 37.31 points, or 0.32%; the Nasdaq composite index closed at 2707.80 points, up 4.63 points, or 0.17%; Standard & Poor's 500 Index closed at 1269.75 points, down 1.75 points, or 0.14% .

 From the disk, the majority of stocks fell, led by financial stocks. Financial shares in, AIG fell 6.190 percent, JP Morgan Chase, Morgan Stanley fell by 0.550%, 0.530%; technology stocks in, AMD rose 3.950 percent, Apple, Dell rose 1.880%, 0.250%. Stocks in other industries, General Motors fell 1.080 percent, down 0.650% Wal-Mart.

U.S. Federal Reserve will pay 78.4 billion profit of the Ministry of Finance

The Fed on Jan. 10 announced it will pay the U.S. Treasury a profit of about $ 78,400,000,000, which is the highest since the Fed was established, and well above the 2009 record of 47.4 billion U.S. dollars in the historical record.

 Since the financial crisis, in order to rescue financial markets and save the U.S. economy, the Fed bought a total of 1.4 trillion dollars of mortgage securities and debt, and $ 300,000,000,000 debt. Last November, the Federal Reserve once again issued bonds to buy 600 billion U.S. dollars plan, hoping to drive down mortgage and other loan interest rates, stimulate the stock market upward.

U.S. stocks were mixed the Dow fell 0.22%

U.S. stocks mixed on January 6, At the close, the Dow Jones Industrial Average index was at 11,697.30 points, down 25.58 points, or 0.22%; the Nasdaq composite index was at 2709.89 points, up 7.69 points, or 0.28%; standard Poor's 500 index was at 1273.85 points, down 2.71 points, or 0.21%.

 From the disk, the majority of stocks fell, led by financial stocks, technology stocks are more defensive. Financial stocks, the United States Triangle Bank fell 1.98% decline top, Goldman Sachs, AIG fell 1.03%, 0.82%; technology stocks, the rising 13.84% NVIDIA, Microsoft, Dell rose nearly 3%. Stocks in other industries, Boeing rose 1.96%, General Motors rose 2.18%.

The Pentagon announced that the next 5 years will save expenditure of $ 178,000,000,000

The Pentagon said Thursday that over the next 5 years to save 178 billion U.S. dollars in expenditures, but will a lot of money for other recycling projects. At the same time, the Pentagon bureaucracy will be cut the way through to help fill the budget deficit.

 U.S. Defense Secretary Robert - Gates (Robert Gates), said the Pentagon will be in part through the reduction of the number of U.S. military special way to achieve cost savings goals. He also announced that the Pentagon will reduce or cancel the weak performance of the weapons program, which includes 130 billion dollars in the Marine Corps landing craft, kind of landing craft from General Dynamics Corporation (General Dynamics Corp) (GD) design developed.

 The Pentagon's budget plan is ultimately controlled by Congress. Under the House of Representatives Armed Services Committee (Armed Services Committee) Chairman Howard - McKean (Howard McKeon) said: "I am unhappy ", and pointed out that the Pentagon plans a new scale of spending cuts than previously expected.

 Gates said the United States armed forces in the next 5 years to 100 billion U.S. dollars in spending cuts, the money will be diverted to other military projects. He said the Pentagon will be spending an additional reduction of 78 billion U.S. dollars to cover the budget deficit, of which 54 billion U.S. dollars will come from various departments within the Pentagon taken measures to cut spending and reduce from 2015 the number of troops.

Worries the U.S. economic recovery

The U.S. federal government debt investors worried about the market. December 2010 Congress passed tax cuts Obama administration, the U.S. national debt since the collapse of Lehman Brothers suffered the biggest sell-off, the incentive of investors lack confidence in the U.S. government deficit under control. Well-known international rating agency Moody's warned that if the U.S. government deficit and debt levels continued to rise significantly, will be considered in the next 12 to 18 months down the United States sovereign credit rating.

Followed by employment difficult to see improvement. Last November the U.S. unemployment rate rose to 9.8%, the Fed believe that the unemployment rate will remain high in 2011, the year the unemployment rate is still likely to exceed 9%. U.S. unemployment rate will remain in the 80 highest level since early. Since December 2007 the United States since the recession began, about 800 million people lost their jobs.

To make matters worse, the U.S. housing market may continue to slump. Analysts had predicted that in 2010 the U.S. housing market in a modest improvement, but now that the 2011 U.S. house prices will fall as much as 10%. David Wyss, chief economist at Standard & Poor's, said, thought the housing market hit bottom in 2010, but now looks "have to wait another year."

New York University economics professor Nouriel Roubini predicted early December last year, will now double-dip recession in the U.S. housing market, the problem will spread even to the "high end" market. He said the U.S. property market is definitely "is entering the second bottom", the banking industry may face a second wave of huge property losses.

Saddled with high debt, high unemployment, the real estate downturn that "two high and one low," the heavy burden the U.S. economy can hardly be optimistic about the prospects for recovery.

Quantitative easing U.S. economy, the scale of change has improved

According to minutes of the meeting released the same day, Federal Reserve policy makers believe that the recent U.S. economy continues to moderate growth, manufacturing, consumer credit and labor markets have improved, the market's confidence in the U.S. economic recovery has been enhanced, these positive signs with the Government's The new fiscal policy to stimulate the economy as a whole to support the U.S. economic recovery in 2011.

 However, the Fed also warned that the U.S. economy still faces some downside risks, including the real estate market is still in the doldrums, the price may still be lower, the unemployment rate will remain at a high level and so on. In addition, some state and local governments facing budget pressures, the debt crisis worsened in Europe may spillover U.S. financial and economic impact.

 Recently, the Federal Reserve started the second round of quantitative easing measures, attempts to U.S. Treasury yields stay low to stimulate economic growth. However, the recent U.S. bond yields rise. Some analysts said that even if the U.S. economy show signs of strength gradually, while inflation expectations and bond yields rising, the Fed will not change his mind. Nomura believes that if U.S. economic growth continued to accelerate, the Fed may slow the rate of bond purchases, but will not cut 600 billion U.S. dollars of the quantitative easing scale.

 On Friday, Fed Chairman Ben Bernanke will be in the Senate Budget Committee testimony on the economic outlook. Some market participants said that Bernanke may Reviews Recent economic data, and quantitative easing of the Fed explained. If Bernanke's speech show its concerns about rising U.S. yields, the dollar could fall sharply.

Economic data, strong rise in global stock markets good news

Institute for Supply Management data released on the 3rd, December 2010 index of U.S. manufacturing activity was 57 higher than the 56.6 the previous month, showed that U.S. manufacturing has expanded for 17 months straight. In addition, the U.S. Commerce Department figures released by the residential housing and government construction projects to promote growth, in November last year, U.S. construction spending increased 0.4% over the previous month, a record total of nearly 5 months since a new high.

Although the U.S. housing market downturn, but growth in construction spending and further that the U.S. economic recovery is gaining strength. Some analysts said the weak U.S. economy has come out first and do not stop when the state of the economy this year is expected to continue the upward trend appeared late last year, inflation pressures rise. Hatzius, chief economist at Goldman Sachs, said the United States this year, the Fed may no longer impose any economic stimulus measures, but in 2013 the Federal Reserve will not raise interest rates.

Improvement in economic data, but the struggling job market, investors worried about the U.S. economic recovery is sustainable. Last November's U.S. payrolls report disappointed investors no doubt, the market generally expected in December last year, the number of new jobs in the United States will likely return to a level close to 10 million people, the unemployment rate fell to 9.7%.

North America's largest recruitment website operators IOI will be up to Matt Ferguson, CEO, said, U.S. companies have entered the accelerated expansion of the state, the U.S. job market is expected to improve further on this basis.

Clear gains in oil prices better than expected global economic recovery

New Year around the world, the international oil prices in the last trading day of 2010 has broken through the 91 dollars / barrel, a record high the past two years, the annual increase of about 15%. From the trend analysis, the international oil price is likely to continue to rise and break through 100 U.S. dollars / barrel. Then, rising international oil prices recently foreshadowed what? Is under inflationary pressure on the Chinese economy and what impact will? These issues are worth considering.

From the present point of view, affect the changes in international oil prices the main factor is its property instead of the financial attributes of goods. The reason of the financial property of the international oil prices have weakened, because the first half of 2008 experienced a frenzied speculation in international oil prices, U.S. oil futures strengthened on speculation of financial regulation, to curb rampant speculation on Wall Street had an outstanding impact of commodities are greatly overshadowed by the financial attributes. In addition, the dollar "is up", making the U.S. dollar and international oil price fluctuations in commodity prices such as the occasion presented "trade-off" relationship or features become less obvious impact of this can be explained by fluctuations in international oil prices " financial attributes "Why would weaken.

Crude oil closed up after hitting a two-year high

First trading day of 2011, the New York Mercantile Exchange crude oil futures soared to a two-year high, subject to market conditions on the U.S. economic recovery, promote optimism, but later in the trading day price of oil gave up some gains.

February crude oil futures contract settled up 17 cents to $ 91.55 a barrel, or 0.2%. The contract had earlier hit an intraday high of $ 92.58 per barrel for October 2008 since the highest level.

ICE Brent crude settled up 9 cents to $ 94.84 a barrel, or 0.1%.

Investors generally believe that the U.S. economy in 2011 will show a long-awaited acceleration of growth, which makes the expected expansion in demand on energy to heat up.

This week traders will pay close attention to the U.S. Department of Energy is scheduled for 10:30 am EST on the 5th to the latest report on oil and fuel inventories. In addition, the American Petroleum Institute will also publish the 4, 4:30 pm Institute of own energy inventory data.

New York stock market a good start

Investors are increasingly optimistic about the economic outlook, the support, the New York Stock 3 in the first trading day of 2011 ushered in the opener, the three major indexes closed at the highest level in more than two years.

In 2010 just ended, despite the New York Stock Exchange under severe shock and many other factors, but the three major stock indexes end is still the second consecutive year a record double-digit growth. Especially towards the end, as the U.S. economy showing more signs of recovery, the stock market atmosphere, there was greater change in investor optimism driving the market sharply higher in December.

The same day, U.S. economic data further increasing the confidence of investors. According to the U.S. Institute for Supply Management (ISM) report, December ISM manufacturing index for the first 17 months of growth. Which to measure the index of new orders is a significant increase, which made investors excited.

In addition, the U.S. Commerce Department data showed U.S. construction spending in November increased the third consecutive month, the chain increased by 0.4%, exceeding market expectations. Meanwhile, the day a significant increase in commodity prices, the relevant shares constitute support. International oil prices more than two years for the first time intraday $ 92 a barrel, gold futures prices continued to rise slightly, while the international price of copper is hitting the highest level in more than two years.