Analyst View, Impact of Global Events - Research Report on China Mobile Ltd. (ADR) and NTT DoCoMo, Inc. (ADR)
October 04 2011 - 9:00AM
Marketwired
Today, www.WorldStreetFundamentals.com released its industry report
highlighting China Mobile Ltd. (ADR) (NYSE: CHL) and NTT DoCoMo,
Inc. (ADR) (NYSE: DCM). Full fundamental and technical analysis is
available at
www.WorldStreetFundamentals.com/Reports.php?id=CHL+DCM.
Short-term outlooks within US and global economies continue to
adjust downward, as US Treasury yields touched their lowest levels
in over 65 years. International Monetary Fund downgraded estimates
for US growth by 1.0% this year, down from 2.5%. 'Significant
downside risks' to the US economy were confirmed by the Federal
Reserve pressured by 'strains in global financial markets.'
As the US dollar trades above an eight-month high against the
Euro, it highlights a deepening of the Eurozone sovereign debt
crisis -- furthered by continued policy inaction from European
governments. We expect continued volatility until economic data
stabilizes and we see decisive policy action to deal with the
Eurozone debt crisis.
Our members are preparing for a turn in tides. Currently, the
Credit Suisse Risk Appetite Indicator is at a 30-year low. For the
past three occurrences, this level has acted as a leading indicator
of large stock market rallies 18 months following.
World Street Fundamentals has highlighted China Mobile Ltd.
(ADR) for its current position within the technology industry.
China Mobile Limited provides a range of mobile telecommunications
services in 31 provinces, autonomous regions and
directly-administered municipalities in the People's Republic of
China, as well as in the Hong Kong Special Administrative Region of
the People's Republic of China. As of March 31, 2011, its total
number of customers was approximately 600.8 million. The entire
report on China Mobile Ltd. (ADR) (NYSE: CHL) is available here:
www.WorldStreetFundamentals.com/Report.php?id=CHL.
World Street has featured NTT DoCoMo, Inc. (ADR) for its
development within the technology industry. NTT DOCOMO, INC. is a
Japan-base company mainly engaged in the mobile communication
business. The company operates in two business segments. The entire
report on NTT DoCoMo, Inc. (ADR) (NYSE: DCM) is available here:
www.WorldStreetFundamentals.com/Report.php?id=DCM.
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www.WorldStreetFundamentals.com
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