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May 24, 12 •
5594 Views •
Market Commentaries •
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Comments Off on Crude Oil During The Asian Session
During the early Asian session, crude oil futures prices are trading above $90.45/bbl with a gain of more than 40 cents on the Globex electronic platform. This may be a slight pull back on expectation of China will accelerate efforts to spur growth after the...
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May 24, 12 •
5232 Views •
Market Reviews •
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Comments Off on Market Review May 24 2012
US markets displayed a notable move to the downside in morning trading on Wednesday due to continued worries about the financial situation in Europe, which came as European leaders held a closely watched summit in Brussels. However, stocks staged a...
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May 23, 12 •
5473 Views •
Market Reviews •
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Comments Off on Market Review May 23 2012
Concerns over Greece’s exit from the Euro Zone have come to the surface again and this has deteriorated risk appetite among investors. Although the Group of Eight (G8) leaders affirmed Greece’s status in the Euro Zone, former Greek Prime Minister Lucas...
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May 22, 12 •
3222 Views •
Market Commentaries •
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Comments Off on Gold And Crude Oil Review
Gold witnessed a mixed movement in yesterday’s trade and eventually closed in the red. Prices on the Comex June contract slipped 0.2 percent to $1588/oz despite dollar weakness and increased risk appetite. Movement in gold on Monday shows that investors...
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May 22, 12 •
7248 Views •
Market Reviews •
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Comments Off on Market Review May 22 2012
In the last session all leading American indices like Dow Jones Industrial Average, NASDAQ index and the S&P 500 (SPX) ended in green. Dow was up by 1.09% and closed at 12504; S&P 500 was gained by 1.60% at 1316. European indices ended mixed. FTSE was...
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May 21, 12 •
7380 Views •
Market Reviews •
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Comments Off on Market Review May 21 2012
While there are significant forms of data risk in European economies this week, the prime market risk will continue to be represented by Greek worries. To that effect, following this weekend’s G8 meeting at Camp David, expect the risk of more detailed...
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May 18, 12 •
4507 Views •
Market Reviews •
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Comments Off on Market Review May 18 2012
Asian markets are down on mounting uncertainty among Spanish banks and political havoc in Greece. Additionally, unfavorable economic data from the US also led to rise in risk aversion in the global markets. Moody’s Investors Service downgraded debt ratings...
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May 17, 12 •
4208 Views •
Market Reviews •
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Comments Off on Market Review May 17 2012
Following a positive start, U.S. stocks closed in the red for a fourth straight session on Wednesday, as investors weighed strong U.S. economic data against ongoing uncertainty about Greece’s political situation. The Dow Jones industrial average fell 33...
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May 16, 12 •
4111 Views •
Market Reviews •
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Comments Off on Market Review May 16 2012
Markets traded with a negative bias again, with equities falling, the USD rallying, and commodities selling off. Bonds were fairly flat after yesterday’s rally. The Greek political parties have failed to form a coalition government and it seems as though...
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May 15, 12 •
3091 Views •
Market Commentaries •
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Comments Off on Negative Market Sentiment Grows
As the week starts, commodity markets continue to remain in despair and lingering in the broader weakness. Continuing political unrest in Greece, concerns over Spain’s banking sector and news of US bank giant JP Morgan’s $2bn losses reignited weak...
