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Weak Housing Data Sends Dollar Reeling 24 Aug 2013 | 06:39 am
A dollar already wavering under the lack of definition of the stimulus program by the Federal Reserve took another hit on Friday with disappointing housing data. Existing home sales plunged 13.4 perce...
Federal Reserve Uneasiness Weighing On Markets 20 Aug 2013 | 07:11 pm
Uneasiness about Federal Reserve policy and about the succession plan have sent equity markets into a tailspin and currency markets into a state of high volatility. On Monday, US equities posted their...
US Equities Stalled, European Shares Brighter 17 Aug 2013 | 02:08 am
US markets absorbed more negative data on Friday and the DOW JONES recorded a second consecutive week of losses as European markets trembled but looked for a brighter future. European shares slid for ...
Germany And France Data Prompts Equities Growth 14 Aug 2013 | 11:24 pm
Good news from Germany and France lifted the euro zone out of a prolonged 18 month recession and broadly boosted European equity markets. Germany’s critical economy posted a 0.7 percent growth rate in...
US Equities, USD Sagging 9 Aug 2013 | 09:26 pm
US Equity markets looked to post solid losses on Friday as the USD gave ground to a stronger yen and a stronger euro. Trading is typically light in August and Friday was no exception but an emerging t...
Euro, US Recoveries Stalling Emerging Economies 7 Aug 2013 | 08:51 pm
The momentum behind the western European economic recovery and the US economy are taking a heavy toll on emerging economies and currencies. The trend is most visible in the rise of the blue-chip Euro ...
Employment Disappointment Shakes Markets 2 Aug 2013 | 11:33 pm
Disappointing numbers from the US labor Department’s non-farm payroll report unnerved investors and shook currency markets around the globe. The disappointment came along with some very positive data ...
Nervous Markets Await Fed and Employment 30 Jul 2013 | 09:13 pm
Nervous global markets anxiously await news from the US Federal Reserve and the new Labor Department unemployment data to be released on Friday. Improved data from Europe boosted European equity marke...
Euro, Dollar Strengthen 25 Jul 2013 | 05:40 am
The dollar drew support from a boost in manufacturing and strong housing gains to spike consumer confidence. Meanwhile, the euro posted surprisingly improved manufacturing as Germany recovered nicely ...
Microsoft, Google Miss The Mark 20 Jul 2013 | 12:22 am
As US equity markets turn their focus to earnings rather than government support, two of the biggest performers dampened the market with poor second quarter results. Microsoft and Google failed to me...
