Thursday, March 25, 2010 U.S. stock indices are trading higher overnight as sovereign debt concerns eased a little over developments ahead of the European Union summit. Last night German Chancellor Angela Merkel said she would...
Read MoreA downgrade of Portugal’s credit rating broke the Euro sharply lower overnight, putting pressure on higher yielding stock equities, gold and crude oil. Shortly before the opening, these three major asset classes are...
Read MoreWednesday, March 24, 2010 A downgrade of Portugal’s credit rating broke the Euro sharply lower overnight, putting pressure on higher yielding stock equities, gold and crude oil. Shortly before the opening, these three...
Read MoreU.S. equity markets are trading flat this morning but could see downside pressure if investors decide to seek protection against a decline by demanding safety from higher yielding assets. Yesterday the markets showed how...
Read MoreTuesday, March 23, 2010 U.S. equity markets are trading flat this morning but could see downside pressure if investors decide to seek protection against a decline by demanding safety from higher yielding assets. Yesterday the...
Read MoreU.S. stock markets are expected to open lower this morning after overnight pressure. Stocks opened weaker in reaction to an interest rate hike in India. This is fueling speculation that a rate hike by China will be next. Fear...
Read MoreMonday, March 22, 2010 U.S. stock markets are expected to open lower this morning after overnight pressure. Stocks opened weaker in reaction to an interest rate hike in India. This is fueling speculation that a rate hike by...
Read MoreOnce again risk aversion is taking center stage as traders are buying the Dollar and shedding higher risk currencies. The main concern driving the Dollar higher overnight is Greece’s ability to obtain financial aid....
Read MoreFriday, March 19, 2010 Once again risk aversion is taking center stage as traders are buying the Dollar and shedding higher risk currencies. The main concern driving the Dollar higher overnight is Greece’s ability to...
Read MoreU.S. stock indices are trading flat overnight. Traders have largely ignored the weakness in the Euro over Greece concerns. This may mean that today’s menu of U.S. economic reports will have a bigger influence on stock...
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