Greece, China and the USA
On GreeceI spoke with someone from Athens yesterday. It's not a pretty picture.Issues related to subsistence have replaced the fervor for demonstrations. This may not last according to this ...
On GreeceI spoke with someone from Athens yesterday. It's not a pretty picture.Issues related to subsistence have replaced the fervor for demonstrations. This may not last according to this ...
Here is my weekly gasoline chart update from Department of Energy data with an overlay of West Texas Crude (WTIC). Gasoline prices at the pump -- both regular and premium -- rose one cent over the ...
US markets open strong NASDAQ up 0.64%, the S&P 500 up 0.36% and the DOW up 0.48%. Euro zone bond auctions boosted confidence pushing the Euro higher. Commodities rise most in two weeks, including...
China’s GDP growth in Q4 beat expectations and declined only slightly from 9.1% y/y to 8.9% y/y. Industrial production and retail sales were also better than expected in December, suggesting ...
Spanish bond auction solid; UK CPI sharply lower; German ZEW improved; Eurozone ZEW stronger. ECB deposits above half a trillion euro. Market turns to empire state manufacturing and Canadian ...
The Martin Luther King bank holiday in the US yesterday brought with it a very quiet and largely directionless market as investors and commentators digested the connotations of rating agency ...
In my travels to Madrid I made the following observations:Sarkozy was in Madrid last night and when questioned on French downgrade he said three times to three different journalist: 'I don't ...
The UK Inflation figures for December, released this morning, behaved almost impeccably, with just a minor disappointment being the slightly smaller than expected fall in year-on-year Retail Price ...
The Euro is Seeing PressureThe EUR/USD rose a bit in the Asian session. The market hit 1.2735. We might test the trend line resistance and then we could see a possible test of ...
We’ve seen this before: a cataclysmic event (read French or US sovereign credit downgrade) has virtually no impact on the market. Even the latest S&P downgrade - stripping the EFSF of its ...
After the heavy selloff of the Euro on Friday, triggered by the downgrade of nine Eurozone countries the common currency consolidated in tight range against the U.S. Dollar in the first day of the ...
Electronic goods store Dixons is the latest high street retailer to suffer from the consumer crunch during the pre-Christmas period.Its like-for-like sales for the three months leading up to 31 ...
Retail sales are set to soar by 3.5 percent in 2012 thanks to the Olympic Games and the Queen's Diamond Jubilee, a business improvement com-pany has predicted.London's West End retailers are ...
China's slew of economic data came in better than expected. This coupled with successful bill auctions by Spain, Greece and Belgium and a very strong German ZEW (-21 v -53.8) is rekindling the ...
Shares of hhgregg (HGG) fell off a cliff last week after the company reported preliminary numbers from its all-important holiday quarter that were below expectations. But is the company really only ...
Markets were pretty quiet yesterday with the US away for the Martin Luther King holiday. The main news came late from the Eurozone in the form of another downgrade by Standard and Poor's although it ...
Economic Data(CN) CHINA Q4 REAL GDP Q/Q: 2.0% V 2.3% PRIOR; Y/Y: 8.9% V 8.7%E (lowest since Q2 of 2009); 2011 GDP Y/Y: 9.2% V 10.4% IN 2010(CN) CHINA DEC INDUSTRIAL PRODUCTION Y/Y: 12.8% V 12.3%E ...
| SPX 500 Futures | 1663.95 | +15.95 | +0.97% | |||
| NQ 100 Futures | 3024.60 | +26.35 | +0.88% | |||
| US 30 | 15354.79 | +121.57 | +0.80% | |||
| DAX | 8398.00 | +28.13 | +0.34% | |||
| FTSE 100 | 6723.06 | +35.26 | +0.53% | |||
| Japan 225 | 15138.12 | +100.88 | +0.67% | |||
| US Dollar Index | 84.34 | +0.44 | +0.52% |
| Gold | 1357.75 | -29.15 | -2.10% | |||
| Silver | 22.190 | -0.469 | -2.07% | |||
| Copper | 3.316 | +0.021 | +0.64% | |||
| Crude Oil | 96.29 | 0 | 0% | |||
| Natural Gas | 4.059 | +0.127 | +3.23% | |||
| US Cotton No.2 | 86.34 | +0.32 | +0.37% | |||
| US Coffee C | 137.00 | -3.25 | -2.32% |
| Euro Bund | 145.16 | -0.04 | -0.03% | |||
| Euro BTP | 116.57 | +0.68 | +0.59% | |||
| Euro BOBL | 126.675 | +0.060 | +0.05% | |||
| UK Gilt | 117.69 | -0.35 | -0.30% | |||
| US 2 YR T-Note | 110.25 | -0.02 | -0.02% | |||
| US 10 YR T-Note | 131.84 | -0.50 | -0.38% | |||
| US 30 YR T-Bond | 143.89 | -1.29 | -0.89% |
| Central Banks | Interest Rates | Next Meeting | |||
|---|---|---|---|---|---|
| FED | 0.00%-0.25% | Jun 19, 2013 | |||
| ECB | 0.50% | Jun 06, 2013 | |||
| BOE | 0.50% | Jun 06, 2013 | |||
| SNB | 0.00% | Jun 20, 2013 | |||
| RBA | 2.75% | Jun 04, 2013 | |||
| BOC | 1.00% | May 29, 2013 | |||
| RBNZ | 2.50% | Jun 12, 2013 | |||
| BOJ | 0.10% | May 22, 2013 | |||