Japanese Index Nikkei ended up on a higher note

Encouraged by financial shares when a report said that most major Asian banks may be exempt from planned new global rules and this news took the Japanese Nikkei to end up on a higher note. The Japanese equities surprisingly outperformed other markets such as the United States, Hong Kong and Shanghai as a relatively large stop-loss and options-related purchases from domestic and foreign players were triggered.
Ryosuke Okazaki, chief investment officer at ITC Investment Partners said: "Many players who bet the Nikkei would drop are being forced to buy back Japanese shares. It appears that even Japanese institutional investors are looking for chances to buy to meet their targets for October-December as they are believed to have kept their positions uncovered because domestic shares have underperformed for a while."
Japanese stock index Nikkei closed up 1.4 percent at 9,830.52.
German government bonds ended higher where as US Bond market remined lower

The US Treasury Market remained lower as the US sold $16 billion of the securities amid concern yields will continue to climb as the Federal Reserve focuses its purchases on shorter-maturity debt.The ten-year Treasury yield were down.
German government bonds ended higher as investors, concerned that some so-called peripheral nations such as Ireland will have to restructure their debt, sought refuge in the euro-regions safest assets.Steven Major, global head of fixed-income research at HSBC Holdings Plc in London said: Bunds are higher on safe-haven flows. Lagardes comments mentioned restructuring and thats another nail in the coffin. Theres still a big constituency of investors and traders who have not recognized until now that restructuring could happen.Ten-year german bonds were at 2.41 percent.
Europen Equities were dull due to the rise in interest rates

European equities looked dull as an interest rate rise in China unnerved investors and sent macro-sensitive commodity stocks tumbling, while gains in the euro zone periphery helped cap losses.

Commodity stocks are down and the equities are also gloomy..so I think we should be careful while thinking to invest in commodities across europe..

And also investors are concerned of higher interest rates in China, that would hit economic growth.
US Markets Dow Jones and Nasdaq Index ended on slippery note

Mergers and acquisitions kept the market afloat for most of the day.
Analysts said they expect M&A deals down the line will see buyers focusing on gaining access to international markets, a potential driver of growth for companies as the US economy recovers slowly.
Finally the US markets at Wall Street ended on slippery note as as there were concerns that the Federal Reserve may scale back its efforts to stimulate the economy muted optimism over two big takeover bids.
US treasury market and German Bund Market ended lower

The US Treasury Market remained lower amid increased criticism of the Federal Reserves plan to stimulate growth and concern that a swelling U.S. deficit will lead to higher borrowing costs.Brian Edmonds, head of interest rates at Cantor Fitzgerald LP in New York said: The article on the evaluation of U.S. ratings spooked the market a bit. It was an impetus for the last leg of the down trade, he said. Its not a ringing endorsement of the first couple of rounds of QE. There are a lot of worries out there.German 10-year bunds closed lower.
European Markets went down due to chinese banks raised reserve requirements

European Markets went down due to chinese banks raised reserve requirements. Jeremy Batstone-Carr, head of equities at Charles Stanley said: "The week has been dominated by euro zone peripheral debt concerns and I sense very few people want to hold onto positions over the weekend. The Chinese move had a negative impact on the miners, but the big one investors are watching for is what the Chinese will decide to do about their base rates. We will not get any further information of this until the next inflation data comes out."European equities like the FTSE , CAC and DAX fell on global growth fears after China raised bank reserve requirements and on investor concerns about Ireland's debt crisis.Miners fell in Europe.Banks, sensitive to changes on the macro environment featured among the worst performers.
US Bonds and German Bonds opened on a higher note

The US Treasury Market rose as the government sold $35 billion of five-year debt in the second of three note auctions this week totaling $99 billion amid sovereign-debt concern in Europe and conflict between North and South Korea. Ray Remy, head of fixed-income in New York at Daiwa Securities Group said: The big issue is concern over Ireland that may spread to Portugal and Spain. Normal investors in euro-land would decide to come into the US.
The ten-year Treasury yields dropped four basis points to 2.76 percent.
German 10-year bunds opened higher.
Euro gained initially and finally ended lower

The euro initially strengthened on the better-than-expected US data, but concerns about the euro zone debt crisis weighed later, sending the European single currency to end up lower.The US dollar fluctuated against key currencies as trading was thin on the eve of the US Thanksgiving holiday,when US fnancial markets will be closed.Brian Dolan, chief currency strategist at Forex.com in Bedminster, New Jersey said: "The driver is "still Irish and euro-zone concerns, and we will be talking about this well into 2011. The market will continue to expect Portugal to apply (for aid) and then it will come down to Spain."
European equities FTSE,CAC and DAX were down

European equities FTSE,CAC and DAX were down on persistent concern that the Portugal could become the next country in the euro zone to seek financial help, with banking stocks particularly hard hit. Heino Ruland, strategist at Ruland Research in Frankfurt said: "People are concerned about Portugal. If they don't find a solution to Portugal over the coming weekend, we will have a problem." Banks were among the heavy fallers. Mining companies were also on the back foot, pressured by falls in metals prices as the dollar rose across the board. Rising costs to protect southern European bonds from default and Chinas plans to cool its economy reduced investors appetite for shares and this took the German stocks like DAX straightly to end up lower.
Gold prices were seen on a steady note

Gold prices were seen on a steady note as the dollar hit a fresh two-month high versus the euro but remaining supported by concerns over euro zone debt levels. Many of the investors fear that Portugal may be the next country that struggles with its sovereign debt after Greece and Ireland were forced to seek bailouts from the European Union earlier this year.
Michael Widmer, an analyst at Bank of America-Merrill Lynch said: "Portugal is the next interesting (story). There were newspaper reports out there suggesting that authorities from the core countries are trying to put pressure on Portugal to apply for a bailout from the European rescue fund."

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