Archive for December, 2011

  • US markets ended 2011 in the red as buying interest dragged on stocks. For the year, the Dow Industrials ended in the black, choking up a 5.5% gain, while the...

    Daily Market Review 12/30/11

    US markets ended 2011 in the red as buying interest dragged on stocks. For the year, the Dow Industrials ended in the black, choking up a 5.5% gain, while the...

    Continue Reading...

  • The US dollar was lower against the Euro which continues to drive global capital markets. The euro initially extended Wednesday’s losses in Asia, falling to $1.2866, the lowest level since...

    Daily Market Review 12/29/11

    The US dollar was lower against the Euro which continues to drive global capital markets. The euro initially extended Wednesday’s losses in Asia, falling to $1.2866, the lowest level since...

    Continue Reading...

  • The dollar was stronger against most of the majors despite Italy’s refinancing costs dropping in Wednesday bill auction and zero coupon auctions. The yield on six month bills dropped to...

    Daily Market Review 12/28/11

    The dollar was stronger against most of the majors despite Italy’s refinancing costs dropping in Wednesday bill auction and zero coupon auctions. The yield on six month bills dropped to...

    Continue Reading...

  • The US dollar was mixed against the majors trading in very narrow ranges as thin market conditions prevail with markets in the UK, Canada, Hong Kong Australia, and New Zealand...

    Daily Market Review 12/27/11

    The US dollar was mixed against the majors trading in very narrow ranges as thin market conditions prevail with markets in the UK, Canada, Hong Kong Australia, and New Zealand...

    Continue Reading...

  • The US markets were the key drivers over the past week as better than expected economic numbers kept investor sentiment solid. In Europe, France Q3 GDP growth was revised down...

    Daily Market Review 12/23/11

    The US markets were the key drivers over the past week as better than expected economic numbers kept investor sentiment solid. In Europe, France Q3 GDP growth was revised down...

    Continue Reading...

  • US dollar was mixed vs. majors as riskier assets performed better on Thursday. After being unable to extend its rally Wednesday, the euro has traded heavily but is finding some...

    Daily Market Review 12/22/11

    US dollar was mixed vs. majors as riskier assets performed better on Thursday. After being unable to extend its rally Wednesday, the euro has traded heavily but is finding some...

    Continue Reading...

  • • Monday December 25, 2011 – Christmas • Tuesday December 26, 2011 – Japan Unemployment (2330 GMT) The unemployment rate and employment change are carefully monitored as a gauge of...

    Weekly Trading Opportunities 12/22/11

    • Monday December 25, 2011 – Christmas • Tuesday December 26, 2011 – Japan Unemployment (2330 GMT) The unemployment rate and employment change are carefully monitored as a gauge of...

    Continue Reading...

  • Markets were on the defensive with peripheral yields rising and equity investors cashing in some of Tuesday solid gains. Better than expected housing data in the US was offset by...

    Daily Market Review 12/21/11

    Markets were on the defensive with peripheral yields rising and equity investors cashing in some of Tuesday solid gains. Better than expected housing data in the US was offset by...

    Continue Reading...

  • The dollar is softer vs. majors Tuesday as the euro zone news stream improves. Concerns about Europe remain high, but German data was solid. German IFO was stronger than expected...

    Daily Market Review 12/20/11

    The dollar is softer vs. majors Tuesday as the euro zone news stream improves. Concerns about Europe remain high, but German data was solid. German IFO was stronger than expected...

    Continue Reading...

  • US dollar was stronger and equity markets were under pressure as euro zone news remains negative. Comments by ECB chief Draghi show a central bank that is differing itself from...

    Daily Market Review 12/19/11

    US dollar was stronger and equity markets were under pressure as euro zone news remains negative. Comments by ECB chief Draghi show a central bank that is differing itself from...

    Continue Reading...

  • On the last trading day of the week, the dollar was broadly weaker as the market remains more upbeat after Thursday’s positive news developments carried overnight through the Asian session....

    Daily Market Review 12/16/11

    On the last trading day of the week, the dollar was broadly weaker as the market remains more upbeat after Thursday’s positive news developments carried overnight through the Asian session....

    Continue Reading...

  • The dollar was slightly stronger against most major currency, as some riskier assets were able to rebound after this week slide. Commodity prices remained under pressure as investors continued to...

    Daily Market Review 12/15/11

    The dollar was slightly stronger against most major currency, as some riskier assets were able to rebound after this week slide. Commodity prices remained under pressure as investors continued to...

    Continue Reading...

  • • Monday – December 19, 2011 – Euro zone Construction (1000 GMT) Construction output is a measure of construction activity in the Euro Zone. Increased construction suggests a growing economy...

    Weekly Trading Opportunities 12/15/11

    • Monday – December 19, 2011 – Euro zone Construction (1000 GMT) Construction output is a measure of construction activity in the Euro Zone. Increased construction suggests a growing economy...

    Continue Reading...

  • The dollars was strong for most of Wednesday’s trading session putting pressure on commodities and stock bourses. Gold prices were hammered moving below $1,600 as the Euro pushed lower through...

    Daily Market Review 12/14/11

    The dollars was strong for most of Wednesday’s trading session putting pressure on commodities and stock bourses. Gold prices were hammered moving below $1,600 as the Euro pushed lower through...

    Continue Reading...

  • The dollar maintained a supportive tone throughout most of the trading session as European issues remained in the headlines. This combined with a solid German ZEW and worse than expected...

    Daily Market Review 12/13/11

    The dollar maintained a supportive tone throughout most of the trading session as European issues remained in the headlines. This combined with a solid German ZEW and worse than expected...

    Continue Reading...

  • Last week’s action in the capital markets was driven by euro zone policy makers, is now being absorbed by investors and a defensive posture has been taken as resolution was...

    Daily Market Review 12/12/11

    Last week’s action in the capital markets was driven by euro zone policy makers, is now being absorbed by investors and a defensive posture has been taken as resolution was...

    Continue Reading...

  • The current storm has passed, and investors eased a sigh of relief, pushing stocks higher and riskier assets higher in price.  Thursday evening through Friday morning, EU officials met and...

    Daily Market Review 12/09/11

    The current storm has passed, and investors eased a sigh of relief, pushing stocks higher and riskier assets higher in price.  Thursday evening through Friday morning, EU officials met and...

    Continue Reading...

  • • Monday December 12, 2011 – Japan Consumer Confidence (500 GMT) Consumer confidence is a measure of sentiment concerning the Japanese economy. The figure is derived from a survey that...

    Weekly Trading Opportunities 12/09/11

    • Monday December 12, 2011 – Japan Consumer Confidence (500 GMT) Consumer confidence is a measure of sentiment concerning the Japanese economy. The figure is derived from a survey that...

    Continue Reading...

  • Price action remains size ways, with the dollar trading mixed and equity markets edging lower. The euro was hurt by German official saying that Germany is more pessimistic about the...

    Daily Market Review 12/07/11

    Price action remains size ways, with the dollar trading mixed and equity markets edging lower. The euro was hurt by German official saying that Germany is more pessimistic about the...

    Continue Reading...

  • Riskier assets consolidated as investors continue to monitor the developments leading to potential fiscal unity in Europe. Monday’s warning by S&P credit rating agency, placing 15 European countries on negative...

    Daily Market Review 12/06/11

    Riskier assets consolidated as investors continue to monitor the developments leading to potential fiscal unity in Europe. Monday’s warning by S&P credit rating agency, placing 15 European countries on negative...

    Continue Reading...

  • Riskier assets showed positive performance on the back of announcement early in the US session that showed Germany and France had agreed on a format toward fiscal unity that they...

    Daily Market Review 12/05/11

    Riskier assets showed positive performance on the back of announcement early in the US session that showed Germany and France had agreed on a format toward fiscal unity that they...

    Continue Reading...

  • The dollar is trading on an easier footing as risk appetite continued to improve into and after the US employment report.  Government yields in Italy, Spain and Greece are all...

    Daily Market Review 12/02/11

    The dollar is trading on an easier footing as risk appetite continued to improve into and after the US employment report.  Government yields in Italy, Spain and Greece are all...

    Continue Reading...

  •   • Monday December 5, 2011 – EU Retail Sales (1000 GMT) Retail Sales is the total value of goods and services sold each month at retail outlets within the...

    Weekly Trading Opportunities 12/01/11

      • Monday December 5, 2011 – EU Retail Sales (1000 GMT) Retail Sales is the total value of goods and services sold each month at retail outlets within the...

    Continue Reading...

  • Riskier assets consolidated Wednesday’s gains, which followed coordinated moves by major central banks to ease tension in global funding, together with a PBoC reserve ratio cut, and stronger than expected...

    Daily Market Review 12/01/11

    Riskier assets consolidated Wednesday’s gains, which followed coordinated moves by major central banks to ease tension in global funding, together with a PBoC reserve ratio cut, and stronger than expected...

    Continue Reading...

  • Riskier assets surged higher as central banks shored up European banks by reducing the interest rates on US dollar swaps purchased by European banks. The Dow Jones Industrials rallied almost...

    Daily Market Review 11/30/11

    Riskier assets surged higher as central banks shored up European banks by reducing the interest rates on US dollar swaps purchased by European banks. The Dow Jones Industrials rallied almost...

    Continue Reading...