Monday, February 18, 2008

Monday - Global view

US stock markets are closed today due to the Presidents' Day holiday. Nevertheless, the rest of the world's markets are open for business, and that being the case, I had some interesting links and stories to share with you.

First off, I'm reminded, by the comments in our recent, "Features of the week" post, of two noteworthy weekly roundup posts that you may want to check out.

Kent at The Financial Philosopher offers up the latest edition of his "Weekend Wisdom" series, while Prieur du Plessis at Investment Postcards weighs in with a week-in-review of the financial markets in, "Words from the (investment) wise...". You'll find a lot of market data and investment analysis here; be sure to check out that Jeremy Grantham interview in Barron's that Prieur has linked to in his post.

And now, on to the stories of the day. We've got a few articles for you which will offer a view of what's happening in the global financial markets, and clue us in on what to expect in the days and weeks ahead. Stocks, commodities, Sovereign wealth funds: you name it, we've got it all right here.

"The great Indian stock market tumble".

"Platinum trades above $2,1000 an ounce in London".

"Copper rises to four-month high in London".

"Stocks rise in Europe, Latin America; Credit Suisse, Vale climb".

Sovereign wealth funds: al-Thani of Qatar Investment Authority speaks to Bloomberg about his nation's investments in European and US financial shares, and new investments in Finland and Malaysia.

Fintag on the UK's move to nationalize Northern Rock.

"Asian markets finish mixed".

"Africa sees bull stock market in recent years".

That's all for now. Tune in tomorrow for more on the markets, and later this week we'll be taking a look at the factors that could push the US stock market higher or lower in the weeks and months ahead. See you then.