Last week the PMI releases delivered on their highly anticipated comeback. It started with Manufacturing Purchasing Managers’ Indices showing mostly positive figures around the Eurozone. These included Italy, with a print of 51.4 versus the anticipated 50.8 and Germany with…
- Bank of America24.7166-0.1434 - -0.5768%
- Apple Inc.156.03-2.70 - -1.70%
- All Ordinaries5769.70-2.70 - -0.05%
- S&P/ASX 200 5709.10-4.50 - -0.08%
- Google Inc.931.655+9.845 - +1.068%
- EUR vs GBP0.8835
- USD vs GBP0.7363
- USD vs EUR0.8333
- USD vs JPY111.4100
- AUD vs USD0.8069
- WP Stock Ticker
Tag: euro
When rumors appear brighter than the news!
EUR/USD trading last week was subject to breaking events from both sides of the Atlantic. New York Fed President Dudley, who is considered a member of the dovish set among FOMC members, expressed his hope that the U.S. economy had…
Positive indications from the east!
From east, it’s seems we will be getting some good news, the Japanese economy and Chinese economy optimism is growing… The Fed’s statement from Wednesday insinuated that tapering could be around the corner, while the Bank of Japan policy board statement,…
Cyprus grabs financial markets attention…
Cyprus Publishing the details of Cyprus bailout plan last week led to an increase at the financial markets risk premium. The increase seems to be fueled by Europe’s financial ministers decision that a substantial portion of the bailout plan will include…
Economic data from Europe and China
Europe: Eurozone economic data point to the contraction of the European GDP in the fourth quarter. A third consecutive monthly decline was recorded in the volume of industrial production in the Eurozone, the German economy contracted by 0.5% in the…
EU Improvement is Not Reflected in Markets Yet
The improvement in Europe’s financial markets has not yet been reflected in the real economy. Economic data regarding the Eurozone continues pointing to the recession prevailing in the continent, and expectation surveys indicate the further contraction expected. However, the deterioration…
Will hurricane Sandy affect the USD?
Residents and businesses in the Northeastern US are still slowly trying to return to normalcy. Power and public transport were out for days for millions in New York City and surrounding areas. Internet and mobile service has been erratic due…
Where is the USD going in Q3?
We are entering the heart of Q3, so this is a good time to review the USD’s prospect for the rest of the summer. The ongoing situation in the EZ is suspected to have major influence on the currency’s…
The second half of 2012: Bullish vs. Bearish Forces
As we enter the second half of the year, here is a quick rundown on how the bullish and bearish forces align. Bullish forces Persistent optimism: the prevailing belief that the consequences of failure so dire that leaders…
Top prior week market movers included…
To make it simple and short! Monday: Greek elections results. Markets reacted negatively. Greece‘s unstable, unpredictable coalition is unlikely to last, risking another Greek crisis and default threat in the coming months. Tuesday and Wednesday: Hope and disappointment after ECB…
