SIX includes all mortgage notes of UBS register

SIX Securities Services announced Thursday that UBS found its first customer for its new management service mortgage notes registry for credit institutions based on Terravis platform. L `entity will become the Swiss Exchange during June` s interface between the large bank and notary and land registry offices, the statement said.

This service will allow UBS `s` exploit full potential of trade: lower costs, faster processing, harmonization of processes for paper and electronic and standardized handling regardless of cantonal special media, the group said.

Terravis developed by SIX is a portal to information about the `Land Registry in Switzerland. Since January 2012, Terravis also enables electronic transactions between the land registry offices, notaries and banks.

The group adds `s ready to accommodate for other customers, which should ultimately make Terravis a platform for centralized processing of mortgages and land registry.

The cantons of Thurgau, Uri, Glarus, Basel-Country, Ticino and Graubünden third are already connected.

Paris: A new session of increase was plausible

Wall Street wants to extend its bullish rally, continue to break records for number of sessions "in the green (and exceed the ratio of 90% in the month of February?).

U.S. indexes are deliberately ignoring the lackluster European markets: in mid-session, the Nasdaq (+0.35%) sprayed a record annual 2.830Pts (0.5% from its record high in October 2007) "S & P is 0.15% and crosses 1.331Pts (+100% in 23-month high of increase over an interval as short) and the Dow Jones returns to equilibrium 12.271Pts.

Paris closed slightly down after a session where volatility seems to have been put on "pause" from 11 am this morning the market has ignored a further weakening of the Euro which s' is pressed under $ 1.35 (at $ 1.3475), while Brent North Sea continues to rise in London and crossed the milestone of $ 103 (bad news for motorists and industry in general).

CAC40 scored since the opening a new zenith annual 4.130Pts but has fallen back all its initial gains (+0.7%) in less than half an hour before falling into the red shortly before the lunchtime.

The final score is exactly the same as at noon or at the opening of Wall Street: CAC40 fluctuations were strictly controlled between 4090 and 4110 for nearly six hours of quotations.
The optimism was based on a European stock began booming in Asia this week with a gain of 1.15% in Tokyo, Hong Kong 1.3%, 2.55% in China (which is betting on low inflation) +2.7% at Bombay and especially a surprising 4.7% in Seoul.

But Wall Street was quickly frozen around the equilibrium point and this has dampened bullish inclinations in Europe.
U.S. indices continue to post scores insignificance with the Dow Jones coward just 0.15% and S & P unchanged.

London fell by -0.3% Frankfurt but rose to as much (after setting a new record annual 7.400Pts or 207% in 23 months), the Euro Stoxx eroded by -0.2% EMMIC while Milan and Madrid (-0.25%).

In the absence of statistical significance, investors will be watching to Brussels, which will meet today and tomorrow the European finance ministers. There will be particular question of solutions to the crisis of sovereign debt, which turns out to be a recurring problem since the spring of 2010 ... but no compromise is expected before mid-March.

Regarding Egypt, Hosni Mubarak's departure was welcomed as it should be Friday by the markets. However the transition to a democratic regime looks delicate and it might be premature to consider the issue as resolved. The army (and its supreme council) has recently acquired the full powers and promises to honor the peace treaties in force.

Side values, in Paris, the 'financial' appear depressed in general, like AXA (-1.25%), Credit Agricole (-0.8%) and Sté Generale and BNP Paribas (-1, 48H 2% of results).

In contrast, Alcatel-Lucent continues its bull rally and s'envolaite to 3.6 before I slow down (+2.2% to 3.46 E).
Within the DRS, Belvedere jumped 10.9% after posting during the weekend sales 4th quarter 2010 up 12.9% (+8.4% at constant exchange) to 175.7 million euros.

Nexans climbed by 3.9 after the release of 2010 annual results above expectations, accompanied by more positive outlook 2011 ... same score for Rhodia (3.95%)

Thales wins 4.55% of its side, even if the group of high technologies has announced that its EBIT (ROC) should be close to a loss of 100 million euros in 2010, mainly due to charges and additional provisions recorded on the contracts and activities, which exceed 700 million euros.

Finally, Sanofi-Aventis gleans from 0.55 to 49.93 euros: the group was studying very carefully four acquisitions, including three U.S. and one in Israel in the field of ophthalmology, according to Les Echos du jour. If transactions are realized, the French could pay nearly one billion euros in total over the next three years, says the business daily.

Obama intends to invest 53 billion U.S. dollars 6 years building high-speed rail

U.S. Vice President Joe - Joe Biden (Joe Biden) on Tuesday said Barack - Obama (Barack Obama) president will ask Congress next week to approve a six-year plan, the total amount of 53 billion U.S. dollars of the content of the program is to build a national intercity high-speed rail network.

Biden said in a speech today in Philadelphia: "As a country, there are many areas that we can not afford the expense, of which one is the infrastructure." Barack Obama will be Feb. 14 to submit to Congress the budget for fiscal year 2012 program. Under this plan, the U.S. government will spend the first year of about $ 8,000,000,000 to develop or improve inter-city rail channel. Biden said that these channels will form the backbone of the national high-speed rail system.

The Intercity high-speed railway corridor will be divided into three categories, namely "core Express" (Core Express), "region" (Regional) Route and the "new" (Emerging) railway line. Among them, the "Core Express" train speed is 125 miles (201 kilometers) to 250 miles (402 km) or even higher, "regional" route of the train speed is 90 miles (145 km) to 125 miles, the "new" train the railway line up to 90 miles per hour.

Moody's: political risk or the credit quality of a shock in the Middle East

International rating agency Moody's Investors Service (Moodys) Monday (Jan. 31) that the growing risk of political events to the Middle East countries have a negative impact on credit quality.

Moody's said that although each country is unique, but in the long term the region are facing the same socio-economic challenges, the political unrest spread in the wider region the assumption is reasonable.

Moody's said that some countries with weak fiscal constitution will be more difficult to compromise to ease through the financial impact of public discontent.

Moody's said that at present the risk that political instability will continue to spread the impact of the country's financial and economic policies, and the fundamentals of a country constitute the structural impact of the credit.

Moody's sovereign credit rating on Monday to Egypt, from the original cut to Ba1 Ba2, and last week the sovereign credit rating from Baa2 Tunisia lowered to Baa3.

Close: data and mixed earnings reports Wall Street closed slightly higher

On Thursday U.S. stocks closed slightly higher, more volatile disk. Today announced earnings and economic data was mixed, so that is difficult to determine the direction of the broader market.
EDT at 4:00 p.m. on January 27, the Dow Jones industrial average rose 4.39 points to close at 11,989.83 points, or 0.04%; the Nasdaq composite index rose 15.70 points to close at 2,755.28 points, or 0.58%; the S & P 500 index rose 2.91 points to close at 1,299.54 points, or 0.22%.
Yesterday, the Dow intraday in the last 3 years the first time since breaking the psychological barrier of 12,000 points, but failed to hold the closing point. Since June 19, 2008, after the Dow closed at this point has never been the top.
S & P 500 index briefly broke the 1300 points intraday, the highest rising to 1,300.73 points, down soon. S & P 500 index last closed at 1300 points or more in the August 28, 2008.
Economic data side, the U.S. Department of Labor pre-report, as of January 22 when the weekly initial claims for unemployment benefits increased by 5.1 million to 45.4 million. News survey of economists by Dow Jones Newswires on average expect the figure will be 405,000.
American Real Estate Brokers Association (NAR) announced December sales of second-hand housing index of the chain signed up 2%, better than market expectations. Another data shows that the United States in December durable goods orders decreased by 2.5%, while the market is expected to grow by 1.4% in the figure.

Close: Obama U.S. stocks closed flat upcoming State of the Union

U.S. stocks ended flat on Tuesday. State of the Union President Obama will, long-rumored he may propose to freeze the federal budget.
EST at 16:00 on January 25, the Dow Jones Industrial Average fell 3.33 points to close at 11,977.19 points, down 0.03%; the Nasdaq composite index rose 1.70 points to close at 2,719.25 points, or 0.06%; the S & P 500 index rose 0.34 points to close at 1,291.18 points, or 0.03%.
Today, the lowest intraday Dow had dropped to 11,898.74 points.
Dow from 12,000 now only one step away. The Dow last closed above 12,000 points, in the June 19, 2008. On Monday the Dow rose 100 points, so some investors that the Dow approaching 12,000 at the time a correction is normal.
Federal Reserve two-day meeting from today's monetary policy meeting, U.S. President Barack Obama from 21:00 EDT (10:00 GMT Wednesday) began to publish State of the Union, investors have to remain vigilant. In addition, a number of Dow components reported to the company's fourth-quarter earnings and the decline in U.S. home prices shows the economic data also weighed on stocks.

Valuation of U.S. financial stocks to its lowest level in more than a year

Valuation of U.S. financial stocks have been falling, so far has dropped to the equivalent of a recent trend of financial crisis never happened rebound level.
According to data compiled by Bloomberg, S & P 500 Index constituent stocks in banks, insurance companies and asset management companies an average of 12.3 times earnings, close to the bull market since March 2009 the lowest level since the beginning. The data also show that the S & P 500 index's 10 stocks, financial stocks with low price-earnings ratio is in the second level, but according to analysts forecast a net profit of financial services companies will grow by 18%.
Pioneer Investment Company (Pioneer Investments) and the New York asset management company Gamco Investors Inc, said that while more than 50 years, the highest since the stock market rise has pushed the S & P 500 index higher than the Lehman Brothers collapse in September 2008 when the level, but the price-earnings ratio increase is not that the government stop providing stimulus measures after the rally in bank stocks may be declared an end.
At the same time, Oppenheimer Funds (OppenheimerFunds Inc) and so optimistic about the prospects for financial stocks, investment company, said that the economy is expected to grow 3 years means that financial stocks will increase, because the company profits and dividends will be growth.
Pioneer Investments in Boston, a fund manager John - Cary (John Carey), said: "To get investors to buy financial stocks which pay higher than average price-earnings ratio may also need some time. All of us are waiting for a signs that financial companies can not rely on government support and subsidies can be restored, the case of health. "Vanguard investment company manages about 2,500 billion dollars.
U.S. retail sales in the last year by the most significant since 1999 the annual growth rate, coupled with higher than expected industrial production, suggesting that the U.S. economic recovery process will be enhanced. According to Bloomberg News the average estimate of 67 economists, the U.S. Department of Commerce is scheduled for publication in the January 28 report will show that last year's fourth quarter GDP growth rate of 3.5% per annum.