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Jun 26, 12 •
5735 Views •
Market Reviews •
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A pair of manufacturing surveys were released today in the US. The Chicago National Activity Index for May showed that conditions had deteriorated somewhat, while the Dallas Fed’s manufacturing survey for June showed an improvement in conditions. After the...
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Jun 25, 12 •
5494 Views •
Market Reviews •
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On the global arena, key summit of the European Union (EU) is scheduled on 28 and 29 June 2012 to discuss the ongoing European debt crisis. At the upcoming EU summit, European officials may reportedly launch the long process of deeper integration within...
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Jun 22, 12 •
4522 Views •
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Asian markets are trading on a negative note today on the back of slowing US economic growth coupled with downgrade of world’s largest 15 banks by the Moody’s credit rating agency. The major banks include are Credit Suisse, Morgan Stanley, UBS AG and 12...
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Jun 21, 12 •
4463 Views •
Market Commentaries •
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Comments Off on Crude Oil Tumbles On Fed Statements
Disappointment with the Fed decision yesterday weights heavily on Crude Oil. Crude has dropped to 80.39 and looks to break under the 80 price level. Not only did the Fed only do the bear minimum yesterday, by extending Operation Twist, they revised growth...
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Jun 21, 12 •
4176 Views •
Market Reviews •
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Comments Off on Market Review June 21 2012
Asian markets are mixed this morning, over the disappointment of the Fed’s decision; markets had expected a larger stimulus package or new tools. US Fed opted to extend its Maturity Extension Program (Operation Twist) for another six months, but there...
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Jun 20, 12 •
4566 Views •
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Comments Off on Market Review June 20 2012
Markets in the US are excitedly anticipating today’s Fed meeting, hoping that some form of further monetary stimulus might be forthcoming. Investors are expecting some sort of monetary easing from the Feds. It will be a fairly quiet session in terms of...
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Jun 19, 12 •
4672 Views •
Market Reviews •
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The G20 leaders focused their response to Europe’s financial crisis on stabilizing the region’s banks, raising pressure on German Chancellor Angela Merkel to expand rescue measures as contagion engulfed Spain. American exporters from Dow Chemical Co. to...
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Jun 18, 12 •
4847 Views •
Market Reviews •
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This review is being written before the final release of elections throughout the world are tallied. Greece, France and Egypt are voting on Sunday and due to time differences and reporting times, the results remain up in the air so please keep a close eye on...
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Jun 15, 12 •
2775 Views •
Market Commentaries •
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Comments Off on Crude Oil after the OPEC meetings
During early Asian session, oil futures prices are trading above $84.50/bbl with gain of almost 0.90 percent from yesterday’s closing. Positive trend in oil prices is seen driven by both fundamental and economic stimulus in the market. That said, the lower...
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Jun 15, 12 •
4636 Views •
Market Reviews •
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Comments Off on Market Review June 15 2012
Equities and the euro were helped by reports that major central banks are poised to inject liquidity should the results of weekend elections in Greece unleash havoc on financial markets. The Asian equities are also trading positive due to the above reason....