Posts Tagged ‘day’
Forex Exchange Morning Report
Large bounce in risk sentiment. US equities (S&P500) are currently 3.0% higher following a day of news conducive to risk seeking. The earlier solid outcomes for Australian GDP and Chinese manufacturing set the starting tone for the European and US sessions, partly explaining the modest effect the weak US (ADP)
US Housing Weakness Accelerates
U.S. Dollar Trading (USD) had a volatile trading day with USD strength on the back of risk aversion in Europe reversed as US housing data weakened further. July Existing Home Sales fell 27% as the effect of the removal of the housing credit continues to be felt. In US stocks,
USD/CAD Rises as Canadian Inflation Eases
The dollar rose for a second day on Friday. The strengthening dollar is essentially a monetary-policy tightening, increasing the risk of a double-dip US recession and deflationary pressures. The S&P 500 fell 3.94 to 1,071.69, registering a second straight weekly fall. The USD/JPY gained modestly today but edged down for
Stocks end slightly down ahead of GDP report
Stocks ended an erratic day with a modest loss Thursday as investors tried to reconcile another batch of conflicting economic signals.
Business - Investing - Commodities and Futures - Futures - Advisory Services
Forex Exchange Morning Report
Risk appetite fell on Friday, US data trumping continued decent company earnings. US equities began the decline during the European afternoon, and accelerated to -2.9% after a steep plunge in the US consumer sentiment survey to the lowest level in a year. Following the previous day's disappointments in the NY
Forex Exchange Morning Report
Risk appetite modestly improved by the close of trading in NY on Friday. The S&P500 index ground slightly higher, but on low volume, to be up 0.7% on the day, the banks' sub-index up 2.1%. Commodities were generally fi rmer, the CRB index up 0.4%. A reported increase in demand



