openPR Logo
Press release

Platinum Account Group: Upswings on Commodities and Stocks Set for Bull Markets

02-22-2012 06:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Platinum Account Group

This year, as the Greek leaders negotiated conditions of a second aid package, commodities have extended the longest rally and the stocks worldwide rose with the MSCI All-Country World Index set to enter a bull market.

Platinum Account Group witnessed the MSCI index jumping 0.4 percent in New York, approaching gains to more than 20 percent from its closing low on October 4. The Standard & Poor’s 500 Index had a slight change. The S&P GSCI Index of commodities went high for a fourth straight day, attaining a six-month high.

As banks and mining companies rallied, the Stoxx Europe 600 Index has reached its first gain in three days which jumped to 0.2 percent. The Portugal PSI 20 Index rose 2.7 percent for the biggest gain among 24 global developed markets. Before the government auctions $24 billion of the securities, the output on the 10-year US Treasury climbed one basis point to 0.92 percent, which is the second of three auctions this week with a total of $72 billion.

Platinum Account Group predicts the MSCI Emerging Markets Index is headed for its highest close since August 4 when it climbed to 1.2 percent. Taiwan's Taiex Index advanced 2.1 percent and the Shanghai Composite Index jumped 2.4 percent. For the first day this week, Russia's Micex Index advanced 0.2 percent, as UBS AG upgraded the country's equities to overweight.

Platinum Account Group is a privately-owned company that offers you the highest quality of advice and financial service in the industry. We assist knowledgeable and discerning investors who seek the highest return on their investment. We are a wholly independent company and our contribution and service for our client’s wealth management and financial planning purposes is not restricted to particular funds or investment products we may want to implement.

PLATINUM ACCOUNT GROUP
2 Floor Street West, Toronto, ON ,Canada, M4W 3E2
Phone: 1-877-225-3882
Fax: 1-877-353-8910
Todd Smith

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Platinum Account Group: Upswings on Commodities and Stocks Set for Bull Markets here

News-ID: 211649 • Views: 849

More Releases from Platinum Account Group

Platinum Account Group’s Forecast on the Global Biotechnology Market
Platinum Account Group can see that the healthcare and biotechnology remained the least affected sector from the recent global economic recession. Something like this is very impressive because the global economic recession has affected almost all the industries around the world. In fact, several of the major biotech companies quickly overcame and kicked back from the recessionary impact, and post positive gains. Biotech research growth in pharmaceutical operations, agriculture environmental
Platinum Account Group excited about Apple’s TV Business Plan
Excitement recently flew through the office of Prosumis upon knowing of Apple Inc’s (AAPL) plan to branch out into the TV business that causes a big move into display manufacturing. On March 23, Taiwan’s Hon Hai Group agreed to invest 133 billion yen, equivalent to $1.6 billion USD, in Sharp Corporation LTD (SHCAY). Sharp is a Japanese company that is a major producer of thin film transistor liquid crystal displays
Platinum Account Group’s Forecast on the Global Biotechnology Market
Platinum Account Group can see that the healthcare and biotechnology remained the least affected sector from the recent global economic recession. Something like this is very impressive because the global economic recession has affected almost all the industries around the world. In fact, several of the major biotech companies quickly overcame and kicked back from the recessionary impact, and post positive gains. Biotech research growth in pharmaceutical operations, agriculture environmental
Platinum Account Group’s Outlook on Annual Copper Prices
Last year, Platinum Account Group witnessed the negative performance of copper in the market. In the first half of 2011, prices of copper traded in a small range between $4 per pound and $4.4 per pound and even worse in August where the price has dropped almost $1 per pound. However, there is positive outlook for copper this year. Copper is now completely linked to the Chinese growth story. Platinum

All 5 Releases


More Releases for MSCI

Sustainability Market Next Big Thing | Major Giants CSRHub, RobecoSAM, MSCI, Ara …
The Sustainability - The Most Important Theme for 2020 - Thematic Market study is a perfect mix of qualitative and quantitative information and to get better understanding on how stats relates to growth, market sizing and share, the study is started with market overview and further detailed commentary is showcased on changing market dynamics that includes Influencing trends by regions, growth drivers, long term opportunities and short term challenges that
Fixed Income Analytics Market to Observe Strong Development by 2020 to 2027 Worl …
Fixed income analysis is the valuation of fixed income or debt securities, and the analysis of their interest rate risk, credit risk, and likely price behavior in hedging portfolios. The analyst might conclude to buy, sell, hold, hedge or stay out of the particular security. Global Fixed Income Analytics Market Industry 2027 is an analytical research report that delves into the dynamics of the global industry. It presents an executive-level
Major ETFs and USDX are available in Libertex
Major ETFs and USDX are available in Libertex Libertex trading platform adds 11 new contracts for difference (CFDs). Now one can trade major exchange-traded funds (ETF) and the dollar index USDX using Libertex cutting edge trading platform. The contracts for the following ETFs are available in Libertex: • SPDR S&P 500 ETF Trust • iShares Latin America 40 ETF • iShares MSCI Mexico ETF • iShares MSCI Brazil ETF • iShares Core U.S. Aggregate Bond ETF • iShares
China - Index Without A Shares Would “Make No Sense”
The exact components of the MSCI Inc. index are due to be announced soon, and a Chinese official has said that if the index excludes yuan-dominated A shares it would “make no sense.” Paris, France, July 19, 2016 -- “We believe that the MSCI will eventually include A shares. It is an absolute certainty, it’s just a matter of time,” said Qi Bin, head of the China Securities Regulatory Commission international
Platinum Account Group Sees Global Emerging Market Rally Continuing
During 2012 Platinum Account Group expects that global emerging market equities will continue to rally furthered by huge liquidity conditions. Early in the year, most of the gains are due to lower inflation and falling interest rates in emerging markets. The gain this January was the best first month of the year having the 11.2% rise in MSCI Global Emerging Markets Index, and also having the first January gain of any
"Alternative Alternatives" investment funds gained 1.92% in April, +2.38% YTD
Opalesque Ltd., a leading provider of online information services to the alternative investment industry, announced the results of the Opalesque A SQUARE ('alternative-alternatives') indices covering the performance of niche alternative investment funds. The indices are calculated based on the net performance of 608 single- and multi-manager funds currently listed in 21 categories in the Opalesque Solutions A SQUARE Fund Database (http://www.opalesquesolutions.com/asquare). The Opalesque A SQUARE Index posted its strongest month so