Swedbank Market overview: December 14th – December 20th, 2009

Last week favoured safer investments as debt concerns in Europe continued, weighing on equities all around the world. Though European and Japanese equity market managed to end the week in positive territory, US equities fell as Citigroup announced the stock offering dilutive for the existing shareholders. U.S. dollar and main government bonds drifted higher as investors sought safer investments. Emerging markets equities (except Russia) lost ground. Gold dropped for a third week. ... Read more...