Week’s News ( 26 Dec - 30 Dec)

This is the last week of 2011 and also week of Christmas impacts. Financial activity would be emerging in consumer indexes. Despite tough economic conditions tempting bargains would allure consumer to shop on this Christmas.  The uncertainty shadows are wandering in this week at end of year but signs of auto recovery of economic recession have begun to show their attitude. The markets are expected to focus on European crisis management.

The S&P 500 index bench mark needs to rise above 12257.64 to end in higher mode for this year. It appears to late to sell and to early to purchase in S&P 500 index.  Domestic economic indicators are going to improve slightly in USA; hurdle for these indicators would be European situation. The upside rally expectation is in positive mode as asset managers would push the market to end at a very least flat on this year. This rally will happen on light volume as there would be fewer participants but they will take advantage. It will be less volume in the market so there any exaggerated move can be viable. Positive node is there in labor market and there is a possibility that S&P/TSX composite index could end 2012 at the 13,000 level.

The corporate earning results are being finalized to announce yearly and quarterly statistics. The volatility of individual shares can be affected with the announcements of corporate earnings.

Markets are keeping a close eye on developments on Iran's crisis. Oil prices are expected to rise as U.S crude stockpiles are declining and a pressure is being built on Iran's nuclear program. Further sanctions are expected to be imposed on Iran the second largest supplier of OPEC. Oil once again is going to go up in international markets. Before this tension Oil was predicted to trade $80 to $90 a barrel. Oil price-rally is unavoidable as sanctions are being discussed.

More Articles:

More Articles:

1. Week’s News (Dec. 19– Dec. 23)
2. Week's News (Dec. 5- Dec. 9)
3. Week’s News (19 Dec - 23 DEC)
4. Week's News (Dec. 12-- Dec. 16)
5. Week's News (Nov. 28- Dec. 2)