ADR Market Review articles from July 2005

ADR Market Review archives from July 2005

By the numbers: week ended 1 July.(Illustration)
July 4, 2005... By the numbers: week ended 1 July Close Change YTD % S&P ADR Index 1264.6 1.6 -1.27% DJ Industrials 10303.44 5.60 -4.45% S&P 500 ...

Last week's top stories.
July 4, 2005... Monday European markets moved broadly lower, as oil prices hit record highs past US$60 a barrel, which sparked global economic concerns. Germany's IFO business sentiment improved in June from May. Tuesday Latin American issues...

Europe catches rate fever.(Market Talk)(interest rates)(Brief Article)
July 4, 2005... This week, both the European Central Bank and the Bank of England will meet to decide the fate of interest rates. Certain economic data and market pundits have recently indicated that rate cuts by both banks could be on the horizon. Rate-cut...

Selected country indices.(inflation market)(Brief Article)
July 4, 2005... Meanwhile, alongside a U.K. rate cut, pundits are also eyeing the ECB this week. Sweden's Riksbank recently shocked economists by reducing its short-term rate by half a percentage point, which quickly induced chatter the ECB could follow....

This week at a glance: week of 4 July-8 July.
July 4, 2005... Monday * EU: May Producer Price Index Tuesday * Germany: May Retail Sales * EU: May Retail Sales Wednesday * Japan: May Leading Indicators Thursday * EU: July ECB Rate Decision * U.K.: July BoE Rate...

Emerging market outlook largely upbeat.(Notes & Quotes)(petroleum industry)(Brief Article)
July 4, 2005... Some investors have been gaining confidence about emerging markets amid signs that emerging economies are continuing to grow at a rapid pace and are now less vulnerable to the threat of weaker global demand. "Economic growth is still...

Stock reform plan may pressure China's market.(Notes & Quotes)(Brief Article)
July 4, 2005... Recent indications that China may allow all of its listed companies to make their currently nontradable shares tradable could weigh on China's ailing equity market in the near term, according to some analysts. Shang Fulin, head of the China...

By the numbers: week ended 8 July.(commodities)(Illustration)
July 11, 2005... By the numbers: week ended 8 July Close Change YTD % S&P ADR Index 1273.1 8.5 -0.61% DJ Industrials 10449.14 145.70 -3.10% S&P 500 ...

Last week's top stories.
July 11, 2005... Monday Asian shares ended mixed. The Japanese market gained slightly, as yen weakness versus the U.S. dollar aided export-oriented firms. Hong Kong issues receded on worries local lenders might hike rates after the U.S. Federal Reserve...

Asia eyes second half.(Market Talk)(global economy)
July 11, 2005... Many economists are predicting a slowdown in earnings growth within the Asia-Pacific region for the rest of the year, which doesn't bode well for local market strength. Japan in particular may continue to falter, after the local stock market...

This week at a glance: week of 11 July-15 July.
July 11, 2005... Monday * Germany: June Consumer Price Index * U.K.: June Producer Price Index * U.K.: May Trade Balance Tuesday * France: May Trade Balance * U.K.: June Consumer Price Index Wednesday * Japan: May Industrial...

LatAm outlook remains bright.(Latin America)
July 11, 2005... Latin American funds continued to shine in the second quarter, outperforming most other regional funds, as investors were heartened by pleasing corporate earnings, particularly from Brazil, and a weaker dollar against Latin American currencies....

Optimism over Indian equities abounds.(Notes & Quotes)(Brief Article)
July 11, 2005... Some market watchers believe Indian stocks have more room to run even after hitting fresh record highs last week. ABN Amro's Paritosh Thakore, for one, says India's strong consumer demand, raising exports and growing capital investments will...

By the numbers: week ended 15 July.(Illustration)
July 18, 2005... By the numbers: week ended 15 July Close Change YTD % S&P ADR Index 1289.4 16.3 0.66% DJ Industrials 10640.83 191.69 -1.32% S&P 500 ...

Last week's top stories.(Brief Article)
July 18, 2005... Monday European markets hit fresh three-year highs, as crude oil prices retreated. Oil's recession strongly benefited chemical producers, airlines and auto firms. Tuesday Asian stocks were mixed, despite overnight gains on Wall...

International markets gain attraction.
July 18, 2005... With sluggish growth in the U.S., some investors are turning to the international equity markets for better returns. Pamela Holding, who oversees the US$700 million Putnam International Growth and Income fund, identified pockets of opportunity...

This week at a glance: week of 18 July-22 July.(Calendar)
July 18, 2005... Monday * No major economic indicators scheduled for release Tuesday * Japan: May Leading Indicators * EU: May Industrial Production * Germany: July ZEW Index Wednesday * EU: May Trade Balance Thursday *...

Positive sign for China's market.(Brief Article)
July 18, 2005... As part of a growing effort to revive China's ailing equity market, China announced last week that it will more than double the amount of money foreign investors can put in yuan-denominated stocks to US$10 billion. Foreign investors are...

Brazil's market weathers scandal for now.(Brief Article)
July 18, 2005... Over the past month, charges that President Luis Inacio Lula da Silva's Workers' Party (PT) orchestrated a scheme to pay legislators in exchange for support in Congress have led to the resignations of two of Lula's closest political associates,...

By the numbers: week ended 22 July.(Brief Article)(Illustration)
July 25, 2005... By the numbers: week ended 22 July Close Change YTD % S&P ADR Index 1296.5 7.1 1.22% DJ Industrials 10651.18 10.35 -1.22% S&P 500 ...

Last week's top stories.
July 25, 2005... Monday Asian markets finished higher; although, trading activity was light due to a holiday in Japan and a typhoon that forced the closure of Taiwan's market. The properties sector drove strength in Hong Kong. Tuesday European...

Impending elections could spark LatAm slowdown.(Market Talk)
July 25, 2005... Latin American markets, including Mexico and Brazil, have enjoyed hearty gains over the past three years. Within the past 12 months, the Morgan Stanley Capital International Emerging Markets Latin America index has rallied 56%, outpacing...

This week at a glance: week of 25 July-29 July.
July 25, 2005... Monday * Germany: July Consumer Price Index Tuesday * Germany: July Ifo Index Wednesday * No major economic indicators scheduled for release Thursday * Japan: June Retail Sales * Germany: July Unemployment...

Investor sentiment improves in Europe.(Notes & Quotes)(Brief Article)
July 25, 2005... European investors have grown more bullish on the equity market, according to a semiannual survey conducted for The Wall Street Journal by GfK Custom Research Worldwide in Brussels. The survey showed that Western European investors boosted...

Fund managers' global economic outlook brightens.(Notes & Quotes)(Brief Article)
July 25, 2005... Recent indications the U.S. economy is on solid footing have boosted global fund managers' optimism about the outlook for world economic growth, according to Merrill Lynch's July Global Fund Manager Survey. "It's no surprise we're seeing a...