{"id":54275,"date":"2008-05-27T07:47:27","date_gmt":"2008-05-26T21:47:27","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2008\/05\/27\/the-overnight-report-nothing-to-report\/"},"modified":"2008-05-27T07:47:27","modified_gmt":"2008-05-26T21:47:27","slug":"the-overnight-report-nothing-to-report","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2008\/05\/27\/the-overnight-report-nothing-to-report\/","title":{"rendered":"The Overnight Report: Nothing To Report"},"content":{"rendered":"<p>By Greg Peel<\/p>\n<p>It was on a day when the US was taking a public holiday in January when SocGen decided to sell out of the massive positions it didn&#8217;t realise it had &#8211; courtesy of its rogue. Fortunately nothing like that happened last night, and stock markets in Europe drifted slightly higher.<\/p>\n<p>However, shares of Swiss investment bank UBS fell 6% as the market noted the bank&#8217;s expectations of further losses due to exposures to non-US real estate. These were revealed in the prospectus for a US$7.8bn issue of new capital, released on Friday.<\/p>\n<p>With holidays in both the US and UK there was no trading session in stocks, metals or oil.<\/p>\n<p>Currencies continued to trade however, although the Aussie was little changed at US$0.9609. Gold rose US$3.90 to US$928.10\/oz.<\/p>\n<p>The SPI Overnight was up 4 points.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the US and UK closed, there were no major movements in Europe or elsewhere last night.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[84],"tags":[23,29,24,22,26],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/54275"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=54275"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/54275\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=54275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=54275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=54275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}