SYDNEY - The U.S. dollar hovered near six-month highs against a basket of major currencies early on Monday, holding onto solid gains made last week as investors turned bearish on the euro.
TOKYO - Japan's Nikkei average rose to six-month highs on Monday, and looked poised to test key resistance levels around 15,500 points, on hopes of continued improvement in corporate earnings.
- Goldman Sachs downgraded its global equities allocation to neutral on a short-term basis on Friday, even though the brokerage remains overweight stocks for the longer term.
- A trading suspension in the stock of little-known Cynk Technology, which mysteriously surged 20,000 percent before the halt, ends late on Thursday, but do not expect to see the stock trading again on Friday.
LONDON - Like so much in the investment world of late, it's what financial markets are not doing right now that is most intriguing.
* Indexes down: Dow 0.7 pct, S&P 0.5 pct, Nasdaq 0.5 pct (Updates to close)
PARIS, July 28 - Financial spreadbetters expected Britain's FTSE 100 to open 12 points higher, or up 0.2 percent, Germany's DAX to open 1 point higher, or up 0.01 percent, and France's CAC 40 to open 4 points higher, or up 0.1 percent. MAJOR EUROPEAN COMPANIES REPORTING : DIA Q2 GEA GROUP AG Q2 RECKITT BENCKISER GROUP PLC H1 TNT EXPRESS NV Q2 GALP ENERGIA
* Nikkei advances 0.5 pct, Topix up 0.4 pct * Expectations for domestic earnings lift market * Casino-related shares jump By Tomo Uetake TOKYO, July 28 - Japan's Nikkei average rose to six-month highs on Monday, and looked poised to test key resistance levels around 15,500 points, on hopes of continued improvement in corporate earnings. By the middday break, the benchmark Nikkei was up 0.5 percent at 15,530.29, its highest level since Jan. 23, reversing early losse
* BoCom leads bank gains on plans to seek more private investors