Market Analysis

MARKET OVERVIEW   2013-01-03 05:55 GMT Congress Passes Fiscal Cliff Deal – The Breakdown In a final hour maneuver, Congressional leaders brokered a deal that will allow the US economy to avert the Fiscal Cliff and alleviate pressure on the financial markets. The passage is being considered by some to be a victory for US […]

MARKET OVERVIEW   2013-01-02 04:07 GMT US House passes fiscal cliff bill After weeks of talks and negotiations, the House of Representatives has finally passed the fiscal cliff bill, with the ‘yea’ votes obtained surpassing the 217 threshold needed to approve the fiscal deal. The final vote count stood at 257-167 in favour of the

MARKET OVERVIEW   2012-12-31 07:14 GMT Time running short for ‘fiscal cliff’ deal Well, it looks like negotiations on Capitol Hill are still ongoing and far apart to avoid January’s “fiscal cliff”, as the House and Senate are to reconvene later today, the final day for Congress to craft a resolution prior to the deadline.

MARKET OVERVIEW   2012-12-27 14:17 GMT Fiscal cliff looms as US lawmakers play game of brinkmanship The “fiscal cliff” steadfastly approaches and it is a fair assumption that no one will come up with a deal in time to stop the country from careening off the edge. Nearly everyone involved claims they want to avoid

MARKET OVERVIEW   2012-12-24 09:54 GMT Fiscal Cliff talks remain deadlocked Negotiations between the Democrats and Republicans on deficit-cutting measures aimed at avoiding the so-called fiscal cliff fell apart last Friday, after House Speaker John Boehner failed to bring his ‘Plan B’ bill to a vote. US lawmakers have now just one week left to

MARKET OVERVIEW   2012-12-26 07:10 GMT Year In Preview: What Will 2013 Bring for the Euro? Another year has gone by and a lot has happened in the last twelve months, even as the European financial crisis continues to persist. But, taking a look at the next twelve months, and it’s easy to see that

MARKET OVERVIEW   2012-12-24 07:15 GMT Boehner’s ‘Plan B’ bill vote canceled News has hit the newswires that there will be no vote on ‘Plan B’ this evening due to lack of Republican support. Speaker John Boehner has pulled his own bill, and his office has just released a statement that says, in part: “The

MARKET OVERVIEW 2012-12-19 16:06 GMT All Eyes On Bank of Japan Following Abe Win Now that the Japanese lower house elections are over, trader focus is being placed on the Bank of Japan’s monetary policy decision – taking place over the next two days. This decision will be important one for the underlying currency, which

MARKET OVERVIEW 2012-12-18 23:04 GMT Standard & Poor’s upgrades Greece from selective default to B- outlook stable Two weeks later after credit agency Standar & Poor’s downgraded Greece to selective default, it has lifted again the rating to -B, two notches higher than expected back in December 05 when the initial downgrade took place, on

MARKET OVERVIEW 2012-12-17 16:40 GMT Fiscal Cliff Talks Thaw It seems that Republican stances are softening as the clock ticks down to the New Year, and the US approaches the activation of the Fiscal Cliff. In the newest round of discussions, Republican leaders led by House Speaker John Boehner have conceded to allowing a tax