ADR Market Review articles from August 2006

ADR Market Review archives from August 2006

By the numbers: week ended 4 August.
August 7, 2006... By the numbers: week ended 4 August Close Change YTD % S&P ADR Index 1577.7 0.7 11.11% DJ Industrials 11240.35 20.65 4.88% S&P...

Last week's top stories.(Calendar)
August 7, 2006... Monday European shares edged lower on the day on profit-taking following recent 10-week highs. U.S shares were also under pressure. Tuesday Profit-taking also negatively impacted Asian markets, despite some upbeat earnings from...

Market talk.
August 7, 2006... The Japanese recovery: land prices up, deflation down Last Monday, a milestone was quietly passed as Japanese overseas vehicle production passed domestic production for the first time. The country's twelve auto companies made 10.93 million...

Selected country indices.
August 7, 2006... An even larger source of uncertainty, though, is due to the fact that long-serving PM Junichiro Koizumi plans to resign this fall in accordance with the practices of his party. Despite a rocky beginning for the centerpiece of his economic...

This week at a glance: week of 7 August-11 August.(Calendar)
August 7, 2006... Monday * Japan: June Leading Indicator * U.K.: June Industrial Production Tuesday * Germany: June Trade Balance * Germany: June Industrial Production Wednesday * Germany: July Consumer Price Index Thursday...

Notes & quotes.
August 7, 2006... Rates still on the brain Ahead of the U.S. interest rate toss-up this week, the Bank of England last week pulled a surprise out of the bag and raised the cost of borrowing by 25 basis points to 4.75%--the first boost in nearly a year....

By the numbers: week ended 11 August.
August 14, 2006... By the numbers: week ended 11 August Close Change YTD % S&P ADR Index 1555.6 -22.1 9.56% DJ Industrials 11088.03 -152.32 3.46% S&P 500 ...

Last week's top stories.
August 14, 2006... Monday European markets dropped across the board as crude prices rose after a major oil company reported that it will shut down a key production site. Tuesday Asian markets ended higher as Japanese shares led a region-wide...

Bargain hunting among the BRICs.(Market Talk)
August 14, 2006... The latest rate hold by the U.S. Federal Reserve Bank has world markets pondering their next move. Last week's action was particularly worrisome for the export-dependent global economies, as a cooling U.S. economy could lead to consumers...

This week at a glance: week of 14 August-18 August.
August 14, 2006... Monday * U.K.: July Producer Price Index Tuesday * U.K.: July Consumer Price Index Wednesday * Japan: June Leading Indicator (rev) * U.K.: July Unemployment Thursday * U.K.: July Retail Sales * Europe:...

Indonesia cuts rates to focus on GDP.(Notes & Quotes)
August 14, 2006... In an attempt to stimulate the economy, Bank Indonesia cut benchmark rates by an expected half percentage point to 11.75% last week. This marked the deepest cut for Indonesia since May. According to a central bank statement, the rate cut is...

German private investors shy away from local equities.(Notes & Quotes)
August 14, 2006... The number of German private financers investing in local shares or equity mutual funds has plummeted by 900,000 so far this year, reaching the lowest level since 1999, as the stock market fell amid concerns of high inflation, rising interest...

By the numbers: week ended 18 August.
August 21, 2006... By the numbers: week ended 18 August Close Change YTD % S&P ADR Index 1604 48.4 12.97% DJ Industrials 11381.47 293.44 6.20% S&P 500 ...

Last week's top stories.
August 21, 2006... Monday European markets finished higher after oil prices fell by more than $1 a barrel and as U.K security measures cooled after the recent terrorism-related arrests. Tuesday Asian markets ended mixed as gains from Japanese...

Bolivia and Brazil: market philosophies clash.(Market Talk)
August 21, 2006... In the 2005 Bolivian Presidential election, one of the key issues was the Gas War, the controversy over previous governments having awarded lucrative contracts on Bolivia's vast natural gas fields to foreign companies in the 1990s. It was one...

This week at a glance: week of 21 August-25 August.
August 21, 2006... Monday * No major economic indicators scheduled for release Tuesday * Germany: August ZEW Index * Europe: June Industrial Orders * Germany: August Consumer Price Index Wednesday * Japan: July Trade Balance ...

Investors eye French growth.(Notes & Quotes)
August 21, 2006... France, the eurozone's second largest economy, reported its strongest economic growth since 2000, raising hopes for a recovery in industrial investment and a drop in the country's unemployment rate. According to advance figures from Insee,...

South Korea on the rebound.(Notes & Quotes)
August 21, 2006... Foreign investors fled South Korea's market earlier this year after concerns grew over rising interest rates around the world, a slowdown in the global economy, and weaker earnings for major Korean exporters. But some analysts now proclaim that...

By the numbers: week ended 25 August.
August 28, 2006... By the numbers: week ended 25 August Close Change YTD % S&P ADR Index 1587.7 -16.3 11.82% DJ Industrials 11284.05 -97.42 5.29% S&P 500 ...

Last week's top stories.
August 28, 2006... Monday European stocks ended mixed after the U.S. dollar depreciated, hurting exporters, and oil prices increased. Mining sectors advanced after M&A and buyback news boosted demand. Tuesday Asian stocks finished higher led by...

German confidence: fear for the future.(Market Talk)
August 28, 2006... By most measures, times should be good in Germany. Gross Domestic Product jumped 0.9% in the second quarter, the best quarterly growth in five years; the budget deficit is down; unemployment has dropped; the construction sector is recovering;...

This week at a glance: week of 28 August-1 September.
August 28, 2006... Monday * Germany: July Retail Sales Tuesday * Japan: July Unemployment * Italy: August Consumer Confidence Wednesday * Japan: July Retail Sales * Italy: August Consumer Price Index Thursday * Japan:...

China's surprise rate move.(Notes & Quotes)
August 28, 2006... China took some analysts--and the markets--by surprise when it recently lifted both the benchmark lending and deposit rates on August 18. The last rate hike took place on April 27, although, only the lending rates were elevated at that time....

India stocks back on track.(Notes & Quotes)
August 28, 2006... Mumbai's stock markets are experiencing a wave of investor enthusiasm, following a drop-off earlier this year. A strong local earnings season, coupled with the recent pause in U.S. interest rates, helped boost India's key share index by about...