Equipment Leasing News: European Markets Shaken As S&P Downgrades U.S. Debt

Equipment Leasing News: European Markets Shaken As S and P Downgrades U.S. Debt

VANCOUVER, BC (August 8, 2011) Dominion Lending Centres Clearlease Reports The European markets are notably lower in afternoon trading Monday, as markets across the globe fell in response to Standard and Poor’s downgrading of the U.S. credit rating. The ratings agency cut U.S. sovereign credit rating by one notch to ‘AA+’ from ‘AAA’ with a negative outlook, taking into account the political risks and increasing debt-burden. Crude is falling, while safe-haven gold is gaining strength.

Meanwhile, the European Central Bank said it would implement its securities markets program, primarily aimed at purchasing Italian and Spanish bonds in a bid to bring down the mounting yields on these bonds. The group of seven industrial powers also have pledged coordinated action to ensure liquidity and to support financial market functioning.

The Euro Stoxx 50 index of eurozone bluechip stocks is losing 1.10 percent, while the Stoxx Europe 50 index, which includes some major U.K. companies, is declining 1.60 percent.

The German DAX is declining 2.50 percent and the French CAC 40 is falling 1.36 percent. UK’s FTSE 100 is dropping 1.92 percent and Switzerland’s SMI is losing 3.52 percent.

Among the DAX components, ThyssenKrupp is plunging 7.3 percent. Cheuvreux reduced the steel giant to “Outperform” from “Selected List.”

BMW is falling 6.8 percent. Volkswagen, Daimler and truckmaker MAN are losing between 6.8 percent and 4.2 percent. Morgan Stanley cut its price target for the three carmakers.

Commerzbank is declining 6.6 percent and Deutsche Bank is dropping 3.7 percent.

Outside the main index, Hannover Re is dropping 4.1 percent. The reinsurer said its first-half profit declined due to major losses in the first quarter, but maintained its full-year earnings target.

Peugeot and Renault are falling 7.65 percent and 6.85 percent, respectively, in Paris. Merrill Lynch cut its price target on both carmakers.

Technip is declining 7.2 percent and Total is sliding 1.2 percent. Airbus maker EADS is falling 6.2 percent.

Lenders Natixis, Societe Generale and Credit Agricole are losing between 4.3 percent and 1.2 percent.

Miner Rio Tinto is falling 3.1 percent. The miner and Japanese trading firm Mitsubishi Corp. made a joint offer to acquire the remaining shares of Australia-based Coal & Allied Industries Ltd. that they do not already own for A$122 per share in cash.

Anglo American and Antofagasta are losing 3.4 percent and 3.3 percent, respectively. BHP Billiton is down 2.3 percent.

Fresnillo is rising 4 percent and Randgold Resources is adding 3.9 percent, as precious metal prices surged.

Lloyds Banking is adding 4.8 percent. Royal Bank of Scotland is gaining 2.8 percent.

In economic news, Eurozone investor confidence deteriorated notably in August after improving in July. The sentix investor sentiment index, an indicator of confidence around 900 investors, fell to minus 13.5 from 5.3 points in July. Economists had expected the index to fall to just 4 points.

Meanwhile, Switzerland’s unemployment rate remained stable in July, data from the State Secretariat for Economic Affairs showed. The seasonally adjusted jobless rate came in at 3 percent, in line with expectations and unchanged from June.

Across Asia/Pacific, major markets closed notably lower. Australia’s All Ordinaries lost 2.71 percent, China’s Shanghai Composite Index retreated 3.8 percent, Hong Kong’s Hang Seng declined 2.17 percent and Japan’s Nikkei 225 dropped 2.18 percent.

In the U.S., futures point to a lower open on Wall Street. In the previous session, the major averages showed big swings back and forth across the unchanged line, eventually ending the session mixed. While the Dow rose 0.5 percent, the Nasdaq fell 0.9 percent and the S&P 500 edged down 0.1 percent.

In the commodity space, crude for September delivery is sliding $2.93 to $83.95 per barrel, while December gold is rising $57.5 to $1709.3 a troy ounce.

Some of the Business Equipment Dominion Lending Centres Clearlease Finance include:

Equipment Types: Backhoe, Skid Steer, Excavator, Telehandler, Loader, Mulcher, Skidder, Trailers, Used Equipment – All Types, Wood Chippers

Dominion Lending Centres Clearlease are specialists in; lease, equipment leasing, leasing, lease equipment, equipment lease Canada, equipment financing, financing, leasing companies, leases, equipment leases, lease financing, equipment lease finance, business financing, lease new, lease used, commercial equipment lease, business finance, business lease, truck lease, truck financing, auto financing, commercial vehicle lease, business financing specialist, leasing services Vancouver, BC, alberta, lease canada, bobcat, skid steer, excavator, loader, heavy equipment.

For more information please visit us at: http://clearlease.com/contact.html

Clearlease Equipment Lease Financing, Commercial Financing Mortgage Refinance Mortgage Auto Lease, Vendor Program – Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Video Link: http://youtu.be/fROP17iUSEg

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 Alexander Pidgeon and Rene Pidgeon. Vancouver Commercial Lending,North Vancouver Commercial Lending,West Vancouver Commercial Lending,Surrey Commercial Lending,Richmond Commercial Lending,Delta Commercial Lending,Langley Commercial Lending,Coquitlam Commercial Lending,BC Commercial Lending,Private Commercial Lending

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: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Dominion Lending Centres Clearlease are specialists in

lease, equipment leasing, leasing, lease equipment, equipment lease Canada, equipment financing, financing, leasing companies, leases, equipment leases, lease financing, equipment lease finance, business financing, lease new, lease used, commercial equipment lease, business finance, business lease, truck lease, truck financing, auto financing, commercial vehicle lease, business financing specialist, leasing services Vancouver, BC, Alberta, lease canada, bobcat, skid steer, excavator, loader, heavy equipment,Leasing Services vancouver,British columbia,Lease Canada, Agricultural Equipment Leasing, Business Computers Leasing, Construction, Dry Cleaning Equipment Leasing, Fitness Equipment Leasing, Forestry Equipment Leasing, Industrial Equipment Leasing, Medical ,Metalworking Equipment Leasing Office Equipment Leasing,Oil & Gas Equipment Leasing,Printing Equipment Leasing Restaurant Equipment Leasing,Self Storage Equipment Leasing,Software Equipment Leasing Telecommunications Equipment Leasing,Used Equipment Leasing,Wholesale Reatil Equipment Leasing, Commercial Equipment Leasing,Industrial Equipment Leasing,Manufacturing Equipment Leasing, Commercial Solar Panel Financing, Equipment Leasing Canada, Farm Equipment Leasing,Forklift Leasing,Medical Equipment Leasing, Computer Equipment Leasing,Entertainment Equipment Leasing, Green Manufacturing Equipment Leasing,Equipment Vendor Leasing, Vendor Finance,Vendor Equipment Leasing Programs,Business Finance,Commercial Leasing,Equipment Lease Calculator,Equipment Leasing Quote, Renewable Energy Equipment Leasing,Business Equipment Lease,Mortgage Information,Credit Line,Residential Mortgage, Commercial Lending,Commercial Mortgage,Commercial Mortgage Lending, Refinance,Sale Leaseback, DLC Clearlease,Using a Mortgage Profesional,Benefits,Cost,Home Purchase,Buying a Home, Home Purchase calculators,Current Mortgage Rates,How to Apply for a Mortgage, Refinance your Current Mortgage,Mortgage Renewal,Home Equity,Mortgage Life Insurance, Commercial Mortgage Financing,Canada,BC,ALTA,British Columbia,Alberta, Vancouver, BC Lower Mainland, Mortgage Broker,Rates,Calculator,Dominion Lending Centres,Clearlease, Mortgage Financing,BC Home Mortgages,Best Mortgage Rates,Financial Services,First Time Home Buyer, Refinance,ALTA Home Mortgages,West Vancouver,North Vancouver,Downtown,Metro Vancouver,Lower Mainland, Yaletown,Coal Harbour,Equipment Leasing Calculator,Free Mortgage Calculators, Refinance Bad Credit,refinance with bad credit, bad credit mortgage refinance Vancouver,Mortgage Brokers Bad Credit BC, mortgage brokers bad credit, best mortgage rates, canada mortgages,canada mortgage,lowest rate, mortgages canada,lowest mortgage rates,canadian mortgages,canada mortgage rates,best canadian mortgages

Construction Equipment Leasing Company, Machinery, Manufacturing, Medical Equipment Leasing,commercial equipment leasing, equipment leasing for businesses, equipment finance, capital equipment leasing, business financing, business leasing, financing equipment, leasing equipment, capital equipment leasing business, financing business leasing, equipment leasing for businesses, debt consolidation, project development, working capital, financing on presently owned equipment, sale leaseback, equipment leasing company, construction equipment financing, machinery equipment financing , manufacturing equipment financing, medical equipment financing, technology equipment financing, transportation equipment financing, construction equipment leasing, machinery equipment leasing, manufacturing equipment leasing, medical equipment leasing, technology equipment leasing, transportation, aircraft equipment leasing, aircraft equipment financing, vendor financing, leasing company, commercial loans, equipment collateral, sale lease-back, leaseback, commercial equipment leasing, equipment leasing for businesses, equipment finance, capital equipment leasing, business financing, business leasing, financing equipment, leasing equipment, capital equipment leasing business, financing business leasing, equipment leasing for businesses, debt consolidation, project development, working capital

Alberta, Airdrie, Brooks, Calgary, Camrose, Cold Lake, Edmonton, Fort Saskatchewan, Grande Prairie, Lacombe, Leduc, Lethbridge, Lloydminster, Saskatchewan, Medicine Hat, Red Deer, Spruce Grove, St. Albert, Wetaskiwin, British Columbia, Abbotsford, Armstrong, Burnaby, Campbell River, Castlegar, Chilliwack, Colwood, Coquitlam, Courtenay, Cranbrook, Dawson Creek, Duncan, Enderby, Fernie, Fort St. John, Grand Forks, Greenwood, Kamloops, Kelowna, Kimberley, Kitimat, Langford, Langley, Merritt, Nanaimo, Nelson, New Westminster, Metro Vancouver, North Vancouver, Parksville, Penticton, Pitt Meadows, Port Albern, Port Coquitlam, Vancouver, Port Moody, Powell River, Prince George, Prince Rupert, Quesnel, Revelstoke, Richmond, Vancouver, Rossland, Salmon Arm, Surrey, Terrace, Trail, Vancouver, Vernon, Victoria, White Rock, Williams Lake, Manitoba, Brandon, Dauphin, Flin Flon, Portage la Prairie, Selkirk, Steinbach, Thompson, Winkler, Winnipeg, New Brunswick, Bathurst, Campbellton, Dieppe, Edmundston, Fredericton, Brunswick, Miramichi, Moncton, Saint John, Barrie, Belleville, Brampton, Brant, Brantford, Brockville, Burlington, Cambridge, Clarence-Rockland, Cornwall, Dryden, Elliot Lake, Greater Sudbury, Guelph, Haldimand, Hamilton, Kawartha Lakes, Kenora, Kingston, Kitchener, London, Mississauga, Niagara Falls, Norfolk County, North Bay, Orillia, Oshawa, Ottawa, Owen Sound, Pembroke, Peterborough, Pickering, Prince Edward, Port Colborne, Niagara, Quinte West, Sarnia, Sault Ste. Marie, St. Catharines, St. Thomas, Stratford, Temiskaming Shores, Thorold, Thunder, Timmins, Toronto, Vaughan, Waterloo, Welland, Horseshoe, Windsor, Woodstock, Quebec, Acton Vale, Alma, Amos, Amqui, L’Ancienne-Lorette, Asbestos, L’Assomption, Baie-Comeau, Côte-Nord, Baie-d’Urfé, Baie-Saint-Paul, Barkmere, Beaconsfield, Beauceville, Beauharnois, Beauharnois-Salaberry, Beaupré, Beaupré, , Bécancour, Bedford, Belleterre, Belœil, Berthierville, Blainville, Bois-des-Filion, Boisbriand, Blainville, Bonaventure, Boucherville, Brome Lake (Lac-Brome), Bromont, Brossard, Brownsburg-Chatham, Cabano, Candiac, Cap-Chat, Cap-Santé, Carignan, Carleton-sur-Mer, Causapscal, Chambly, Chandler, Chapais, Charlemagne, Châteauguay, Château-Richer, Chibougamau, Clermont, Charlevoix-Est, Coaticook, Contrecoeur, Cookshire-Eaton, Côte-Saint-Luc, Cowansville, Danville, Daveluyville, Dégelis, Delson, Desbiens, Deux-Montagnes, Disraeli, Dolbeau-Mistassini, Dollard-des-Ormeaux, Donnacona, Dorval, Drummondville, Dunham, Duparquet, East Angus, L’Épiphanie, Estérel, Farnham, Fermont, Forestville, Fossambault-sur-le-Lac, Gaspé, Gatineau, Gracefield, Granby, Grande-Rivière, Hampstead, Hudson, Huntingdon, Laurent, L’Île-Cadieux, L’Île-Dorval, L’Île-Perrot, Joliette, Kingsey Falls, Kirkland, Lac-Delage, Lac-Mégantic, Lac-Saint-Joseph, Lac-Sergent, Lachute, Laval, Lavaltrie, Lebel-sur-Quévillon, Léry, Lévis, Longueuil, Lorraine, Louiseville, Macamic, Magog, Malartic, Maniwaki, Marieville, Mascouche, Matagami, Matane, Madeleine, Mercier, Montérégie, Métabetchouan–Lac-à-la-Croix, Métis-sur-Mer, Mirabel, Mont-Joli, Mont-Laurier, Mont-Saint-Hilaire, Mont-Tremblant, Montmagny, Montreal, Montréal-Est, Montreal West, Mount Royal, Murdochville, Neuville, Nationale, New Richmond, Nicolet, Nicolet-Yamaska, Normandin, Notre-Dame-de-l’Île-Perrot, Notre-Dame-des-Prairies, Notre-Dame-du-Lac, Otterburn Park, Paspébiac, Percé, Pincourt, Plessisville, La Pocatière, Pohénégamook, Pointe-Claire, Pont-Rouge, Port-Cartier, Portneuf, La Prairie, Princeville, Prévost, Quebec City, Repentigny, Richelieu, Richmond, Rimouski, Rivière-du-Loup, Rivière-Rouge, Roberval, Rosemère , Rouyn-Noranda, Saguenay, Sainte-Adèle, Sainte-Agathe-des-Monts, Sainte-Anne-de-Beaupré, Sainte-Anne-de-Bellevue, Sainte-Anne-des-Monts, Sainte-Anne-des-Plaines, Saint-Augustin-de-Desmaures, Saint-Basile, Saint-Basile-le-Grand, Saint-Bruno-de-Montarville, Sainte-Catherine, Sainte-Catherine-de-la-Jacques-Cartier, Saint-Césaire, Saint-Constant, Saint-Eustache, Saint-Félicien, Saint-Gabriel, Saint-Georges, Saint-Hyacinthe, Saint-Jean-sur-Richelieu, Saint-Jérôme, Saint-Joseph-de-Beauce, Saint-Joseph-de-Sorel, Sainte-Julie, Saint-Lambert, Saint-Lazare, Saint-Lin-Laurentides, Saint-Marc-des-Carrières, Sainte-Marguerite-du-Lac-Masson, Sainte-Marie, Sainte-Marthe-sur-le-Lac, Saint-Ours, Saint-Pamphile, Saint-Pascal, Saint-Pie, Saint-Raymond, Saint-Rémi, Saint-Sauveur, Sainte-Thérèse, Saint-Tite, Salaberry-de-Valleyfield, La Sarre, Schefferville, Scotstown, Senneterre, Sept-Îles, Shawinigan, Sherbrooke, Sorel-Tracy, Stanstead, Sutton, Témiscaming, Terrebonne, Thetford Mines, Thurso, Trois-Rivières, La Tuque , Val-d’Or, Valcourt, Varennes, Vaudreuil-Dorion, Victoriaville, Ville-Marie, Warwick, Waterloo, Waterville, Westmount, Windsor, Saskatchewan, Estevan, Flin Flon, Humboldt, Lloydminster, Martensville, Meadow Lake, Melfort, Melville, Moose Jaw, North Battleford, Prince Albert , Regina, Saskatchewan, Saskatoon, Swift Current, Weyburn, Yorkton

( Video Link: http://youtu.be/fROP17iUSEg )

Tags: No tags

Comments are closed.