iPoint (iPoint.cz)
Czech markets  |  September 13, 2010 10:35:18

36th week in the markets: Leg of gas and reduced wave target: Overview of recommendations


No more gas on the floor, but still solid pace forward. This is how to characterize the 36th Week in global markets. At least when talking about the domestic market: benchmark against Prague last week voted essentially technical Telefónica decline after the closing date for the dividend. Let us, however, the markets, which determine the sentiment: Wall Street at 36 there was already a week plus fuel and managed to close just two of the three major indexes: Dow Jones fell by 0.2%. Another distinguishing feature was a very weak trading volume suggesting that investors are lost rather than that they felt the need naskakovat bull in the moving train. Western European markets fared much better and catalyst for the next step forward is Basel relief as regards the requirements on the banking system: 6% Tier 1 is a compromise, according to experts, the new rules willintroduced from 2013 ... Summary and overview of investment recommendations issued for SPAD titles last week, read on iPOINT

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