Dominion Lending Centres Clearlease Reports European stocks slip after bin Laden killing

Dominion Lending Centres Clearlease Reports European stocks slip after bin Laden killing

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Europe’s main stock markets slid on Tuesday, as London traders returned from a four-day holiday weekend and euphoria faded over the killing of al-Qaeda leader Osama bin Laden, analysts said.

London’s benchmark FTSE 100 index fell 0.17 percent to 6,059.80 points in late morning deals, erasing earlier gains. The market was closed on Friday for Britain’s royal wedding, and on Monday for a regular bank holiday.

In Paris on Tuesday, the CAC 40 index retreated 0.75 percent to 4,077.02 points and Frankfurt’s DAX 30 dipped 0.92 percent to 7,458.22.

French and German shares had risen on Monday in reaction, as traders sought riskier assets and mulled the possible effects on reducing instability in the world, notably in the Middle East.

“Investors are in risk-averse mode after yesterday’s euphoric market reaction to the death of Osama bin Laden by US special forces,” said analyst Kathleen Brooks at trading site Forex.com.

“Today stocks are lower and currencies at the riskier end of the FX spectrum have come under pressure as investors remain on the side lines.”

In a dramatic announcement, the White House revealed on Sunday that US forces had killed the al-Qaeda chief behind the September 11, 2001 attacks, at his secret compound in Pakistan.

“Bin Laden’s death has no clear implications for markets in my view and I am not sure that his death necessarily means a reduction in risk premia despite initial knee-jerk reactions,” said VTB Capital economist Neil MacKinnon.

On Thursday, investor attention will return to interest rate decisions in the eurozone and Britain.

The European Central Bank is expected to keep its key interest rate at 1.25 percent, but may signal a further increase amid climbing prices in the 17-nation eurozone.

And the Bank of England was forecast to keep its key lending rate at a record low 0.50 percent amid flat economic growth.

Market watchers remain concerned that the eurozone debt crisis might threaten Spain, in the wake of bailouts for Greece and Ireland, and negotiations on a rescue for Portugal.

“Stock markets are looking a bit hung over this morning,” GFT analyst David Morrison said on Tuesday.

“Any relief attached to the death of bin Laden has disappeared, and instead we are looking for a fresh catalyst to drive the markets higher.

“Equities are struggling, as traders are forced to confront the debt problems faced by the eurozone,” he added.

In earlier trading on Tuesday, Asian stocks also enjoyed a mixed performance amid gloom over European debt after Wall Street failed to provide any inspiration despite an initial bounce on news that bin Laden was dead.

Sydney fell 0.84 percent and Seoul dropped 1.27 percent, while Hong Kong scraped into positive territory. Tokyo was closed for the first day of a three-day holiday.

Across the Atlantic on Monday, Wall Street slipped as investors focused on weakness in the economy, despite news of bin Laden’s slaying.

The Dow Jones Industrial Average retreated by a marginal 0.02 percent to finish at 12,807.36 points.

Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk

Dominion Lending Centres Clearlease Reports European stocks slip after bin Laden killing

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Europe’s main stock markets slid on Tuesday, as London traders returned from a four-day holiday weekend and euphoria faded over the killing of al-Qaeda leader Osama bin Laden, analysts said.

London’s benchmark FTSE 100 index fell 0.17 percent to 6,059.80 points in late morning deals, erasing earlier gains. The market was closed on Friday for Britain’s royal wedding, and on Monday for a regular bank holiday.

In Paris on Tuesday, the CAC 40 index retreated 0.75 percent to 4,077.02 points and Frankfurt’s DAX 30 dipped 0.92 percent to 7,458.22.

French and German shares had risen on Monday in reaction, as traders sought riskier assets and mulled the possible effects on reducing instability in the world, notably in the Middle East.

“Investors are in risk-averse mode after yesterday’s euphoric market reaction to the death of Osama bin Laden by US special forces,” said analyst Kathleen Brooks at trading site Forex.com.

“Today stocks are lower and currencies at the riskier end of the FX spectrum have come under pressure as investors remain on the side lines.”

In a dramatic announcement, the White House revealed on Sunday that US forces had killed the al-Qaeda chief behind the September 11, 2001 attacks, at his secret compound in Pakistan.

“Bin Laden’s death has no clear implications for markets in my view and I am not sure that his death necessarily means a reduction in risk premia despite initial knee-jerk reactions,” said VTB Capital economist Neil MacKinnon.

On Thursday, investor attention will return to interest rate decisions in the eurozone and Britain.

The European Central Bank is expected to keep its key interest rate at 1.25 percent, but may signal a further increase amid climbing prices in the 17-nation eurozone.

And the Bank of England was forecast to keep its key lending rate at a record low 0.50 percent amid flat economic growth.

Market watchers remain concerned that the eurozone debt crisis might threaten Spain, in the wake of bailouts for Greece and Ireland, and negotiations on a rescue for Portugal.

“Stock markets are looking a bit hung over this morning,” GFT analyst David Morrison said on Tuesday.

“Any relief attached to the death of bin Laden has disappeared, and instead we are looking for a fresh catalyst to drive the markets higher.

“Equities are struggling, as traders are forced to confront the debt problems faced by the eurozone,” he added.

In earlier trading on Tuesday, Asian stocks also enjoyed a mixed performance amid gloom over European debt after Wall Street failed to provide any inspiration despite an initial bounce on news that bin Laden was dead.

Sydney fell 0.84 percent and Seoul dropped 1.27 percent, while Hong Kong scraped into positive territory. Tokyo was closed for the first day of a three-day holiday.

Across the Atlantic on Monday, Wall Street slipped as investors focused on weakness in the economy, despite news of bin Laden’s slaying.

The Dow Jones Industrial Average retreated by a marginal 0.02 percent to finish at 12,807.36 points.

Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk

Dominion Lending Centres Clearlease Reports European stocks slip after bin Laden killing

VANCOUVER, BRITISH COLUMBIA – (May 3, 2011) Clearlease Reports Europe’s main stock markets slid on Tuesday, as London traders returned from a four-day holiday weekend and euphoria faded over the killing of al-Qaeda leader Osama bin Laden, analysts said.

London’s benchmark FTSE 100 index fell 0.17 percent to 6,059.80 points in late morning deals, erasing earlier gains. The market was closed on Friday for Britain’s royal wedding, and on Monday for a regular bank holiday.

In Paris on Tuesday, the CAC 40 index retreated 0.75 percent to 4,077.02 points and Frankfurt’s DAX 30 dipped 0.92 percent to 7,458.22.

French and German shares had risen on Monday in reaction, as traders sought riskier assets and mulled the possible effects on reducing instability in the world, notably in the Middle East.

“Investors are in risk-averse mode after yesterday’s euphoric market reaction to the death of Osama bin Laden by US special forces,” said analyst Kathleen Brooks at trading site Forex.com.

“Today stocks are lower and currencies at the riskier end of the FX spectrum have come under pressure as investors remain on the side lines.”

In a dramatic announcement, the White House revealed on Sunday that US forces had killed the al-Qaeda chief behind the September 11, 2001 attacks, at his secret compound in Pakistan.

“Bin Laden’s death has no clear implications for markets in my view and I am not sure that his death necessarily means a reduction in risk premia despite initial knee-jerk reactions,” said VTB Capital economist Neil MacKinnon.

On Thursday, investor attention will return to interest rate decisions in the eurozone and Britain.

The European Central Bank is expected to keep its key interest rate at 1.25 percent, but may signal a further increase amid climbing prices in the 17-nation eurozone.

And the Bank of England was forecast to keep its key lending rate at a record low 0.50 percent amid flat economic growth.

Market watchers remain concerned that the eurozone debt crisis might threaten Spain, in the wake of bailouts for Greece and Ireland, and negotiations on a rescue for Portugal.

“Stock markets are looking a bit hung over this morning,” GFT analyst David Morrison said on Tuesday.

“Any relief attached to the death of bin Laden has disappeared, and instead we are looking for a fresh catalyst to drive the markets higher.

“Equities are struggling, as traders are forced to confront the debt problems faced by the eurozone,” he added.

In earlier trading on Tuesday, Asian stocks also enjoyed a mixed performance amid gloom over European debt after Wall Street failed to provide any inspiration despite an initial bounce on news that bin Laden was dead.

Sydney fell 0.84 percent and Seoul dropped 1.27 percent, while Hong Kong scraped into positive territory. Tokyo was closed for the first day of a three-day holiday.

Across the Atlantic on Monday, Wall Street slipped as investors focused on weakness in the economy, despite news of bin Laden’s slaying.

The Dow Jones Industrial Average retreated by a marginal 0.02 percent to finish at 12,807.36 points.

Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk



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