Archive for September, 2011

  • Monday October 3, 2011 – Japan Tankan Survey The Tankan is a forecast of the next quarter’s Large Manufacturer’s Index. The figure is a measure of future business expectations, providing...

    Weekly Trading Opportunities 09/29/11

    Monday October 3, 2011 – Japan Tankan Survey The Tankan is a forecast of the next quarter’s Large Manufacturer’s Index. The figure is a measure of future business expectations, providing...

    Continue Reading...

  • Market sentiment was mixed, as investors continue to remain somewhat optimistic that European policy makers are making headway towards mitigating the crisis.  As a result, the EUR/USD traded at session...

    Daily Market Review 09/28/11

    Market sentiment was mixed, as investors continue to remain somewhat optimistic that European policy makers are making headway towards mitigating the crisis.  As a result, the EUR/USD traded at session...

    Continue Reading...

  • Risk appetite continues to recover off the back of hopes that euro zone policy makers will soon begin to take bold measures to get ahead of the sovereign debt crisis. ...

    Daily Market Review 09/27/11

    Risk appetite continues to recover off the back of hopes that euro zone policy makers will soon begin to take bold measures to get ahead of the sovereign debt crisis. ...

    Continue Reading...

  • The European markets by the technical adjustments and fund repositioning following this weekend’s G20/IMF/World Bank meeting in Washington.  Despite the drop in Asian stocks overnight (MSCI Asia index down over...

    Daily Market Review 09/26/11

    The European markets by the technical adjustments and fund repositioning following this weekend’s G20/IMF/World Bank meeting in Washington.  Despite the drop in Asian stocks overnight (MSCI Asia index down over...

    Continue Reading...

  • Monday – September 26, 2011 – US New Home Sales (1400 GMT) New Home Sales r records sales of newly constructed residences in the United States . The figure is...

    Weekly Trading Opportunities 09/22/11

    Monday – September 26, 2011 – US New Home Sales (1400 GMT) New Home Sales r records sales of newly constructed residences in the United States . The figure is...

    Continue Reading...

  • Riskier assets were able to hold their ground as equities and commodities were hammered during the latter part of the week.  While the dollar gave back some of its gains,...

    Daily Market Review 09/23/11

    Riskier assets were able to hold their ground as equities and commodities were hammered during the latter part of the week.  While the dollar gave back some of its gains,...

    Continue Reading...

  • The Fed’s announcement failed to turn around market sentiment and the overnight rout in Asian equity markets gathered speed in Europe amid more signs of a global growth slowdown from...

    Daily Market Review 09/22/11

    The Fed’s announcement failed to turn around market sentiment and the overnight rout in Asian equity markets gathered speed in Europe amid more signs of a global growth slowdown from...

    Continue Reading...

  • The US dollar is broadly weaker against the majors after the  FOMC decision with rumors of the SNB moving the EUR/CHF floor to 1.25 limiting the upside against the euro...

    Daily Market Review 09/21/11

    The US dollar is broadly weaker against the majors after the  FOMC decision with rumors of the SNB moving the EUR/CHF floor to 1.25 limiting the upside against the euro...

    Continue Reading...

  • Trading was slow Tuesday and market averages were mixed. Some of the focus before the opening bell on Wall Street was on another round of disappointing Housing Starts data. Builders...

    Daily Market Review 09/20/11

    Trading was slow Tuesday and market averages were mixed. Some of the focus before the opening bell on Wall Street was on another round of disappointing Housing Starts data. Builders...

    Continue Reading...

  • US Stock market averages opened lower on worries about Europe and have failed to stage any meaningful rebound attempts through late-Monday. A 3 percent loss in France’s CAC 40 Index...

    Daily Market Review 09/19/11

    US Stock market averages opened lower on worries about Europe and have failed to stage any meaningful rebound attempts through late-Monday. A 3 percent loss in France’s CAC 40 Index...

    Continue Reading...

  • European markets extended this week’s rally (up for the fourth straight day) with the DAX returning back to levels not seen since the start of the month near 5600 as...

    Daily Market Review 09/16/11

    European markets extended this week’s rally (up for the fourth straight day) with the DAX returning back to levels not seen since the start of the month near 5600 as...

    Continue Reading...

  • Monday – September 19, 2011 – NABH Housing Index (1400 GMT) A timely gauge of home sales and expectations for future home building. Based on a small sample of homebuilders,...

    Weekly Trading Opportunities 09/15/11

    Monday – September 19, 2011 – NABH Housing Index (1400 GMT) A timely gauge of home sales and expectations for future home building. Based on a small sample of homebuilders,...

    Continue Reading...

  • Today’s announcement that the ECB has coordinated with the Fed to give unlimited US dollar access to European banks through year-end was taken positively by markets.  This agreement was something...

    Daily Market Review 09/15/11

    Today’s announcement that the ECB has coordinated with the Fed to give unlimited US dollar access to European banks through year-end was taken positively by markets.  This agreement was something...

    Continue Reading...

  • European equities reversed earlier losses after more supportive comments from EU politicians appeared to deflect the risk of a disorderly Greece default. Following the Franco-German conference call on Greece, French...

    Daily Market Review 09/14/11

    European equities reversed earlier losses after more supportive comments from EU politicians appeared to deflect the risk of a disorderly Greece default. Following the Franco-German conference call on Greece, French...

    Continue Reading...

  • Stock market averages held  gains with help from the tech sector Tuesday. Early trading was orderly after France’s CAC 40 Index added 1.4 percent and rebounded from a 4 percent...

    Daily Market Review 09/13/11

    Stock market averages held  gains with help from the tech sector Tuesday. Early trading was orderly after France’s CAC 40 Index added 1.4 percent and rebounded from a 4 percent...

    Continue Reading...

  • Global capital market conditions deteriorated further and the euro sank to a six-month low against the dollar at the start of the week amid fears that the euro zone crisis...

    Daily Market Review 09/12/11

    Global capital market conditions deteriorated further and the euro sank to a six-month low against the dollar at the start of the week amid fears that the euro zone crisis...

    Continue Reading...

  • Monday – September 12, 2011 – Australia Trade Balance (130 GMT) The trade balance figure is simply the difference between the amount of export and imports of Australian goods and...

    Weekly Trading Opportunities 09/09/11

    Monday – September 12, 2011 – Australia Trade Balance (130 GMT) The trade balance figure is simply the difference between the amount of export and imports of Australian goods and...

    Continue Reading...

  • A tumultuous market environment continues to support the US dollar. Equity markets remain pressured at the end of a tumultuous weak after the unchanged ECB and BoE decisions and the...

    Daily Market Review 09/09/11

    A tumultuous market environment continues to support the US dollar. Equity markets remain pressured at the end of a tumultuous weak after the unchanged ECB and BoE decisions and the...

    Continue Reading...

  • Global economic governance has taken over as the major force driving expectations for currency markets in a world of zero funding rates, weaker growth and higher financial volatility.   The...

    Daily Market Review 09/08/11

    Global economic governance has taken over as the major force driving expectations for currency markets in a world of zero funding rates, weaker growth and higher financial volatility.   The...

    Continue Reading...

  • European equities have rebounded, with the Euro Stoxx 50 interrupting a four-session slide that saw it lose 8% of its value since the start of the month. Germany’s constitutional court...

    Daily Market Review 09/07/11

    European equities have rebounded, with the Euro Stoxx 50 interrupting a four-session slide that saw it lose 8% of its value since the start of the month. Germany’s constitutional court...

    Continue Reading...

  • The currency markets continue to digest the news that the SNB has set a minimum EUR/CHF exchange at 1.20. This was indeed a bold move by the SNB in an...

    Daily Market Review 09/06/11

    The currency markets continue to digest the news that the SNB has set a minimum EUR/CHF exchange at 1.20. This was indeed a bold move by the SNB in an...

    Continue Reading...

  • The US dollar was up broadly at the beginning of the week as Friday’s disappointing US jobs report and escalating fears over the euro zone crisis.  European indices came into...

    Daily Market Review 09/05/11

    The US dollar was up broadly at the beginning of the week as Friday’s disappointing US jobs report and escalating fears over the euro zone crisis.  European indices came into...

    Continue Reading...

  • The Euro was under pressure as Greece and euro zone developments are taking a turn for the worse.  Greece’s meeting with the troika (ECB/IMF/EU) was reportedly called off, with the...

    Daily Market Review 09/02/11

    The Euro was under pressure as Greece and euro zone developments are taking a turn for the worse.  Greece’s meeting with the troika (ECB/IMF/EU) was reportedly called off, with the...

    Continue Reading...

  • Monday – September 5, 2011 – Eurozone Retail Sales (900 GMT) Retail Sales is the total value of goods and services sold each month at retail outlets. The report acts...

    Weekly Trading Opportunities 09/01/11

    Monday – September 5, 2011 – Eurozone Retail Sales (900 GMT) Retail Sales is the total value of goods and services sold each month at retail outlets. The report acts...

    Continue Reading...

  • The currency complex remains highly sensitive to the global risk environment and the signaling impulses from equity markets are set to become increasingly entrenched in a zero core market policy...

    Daily Market Review 09/01/11

    The currency complex remains highly sensitive to the global risk environment and the signaling impulses from equity markets are set to become increasingly entrenched in a zero core market policy...

    Continue Reading...

  • Stocks globally continued to rally, with Asian stocks advancing for a fifth day and European shares up for a third as the Fed minutes provided hopes of further policy actions. ...

    Daily Market Review 08/31/11

    Stocks globally continued to rally, with Asian stocks advancing for a fifth day and European shares up for a third as the Fed minutes provided hopes of further policy actions. ...

    Continue Reading...