WSJ All’s fairly quiet across Europe this morning, but European bond yields are still mostly drifting higher. Italy’s 10-year debt recently yielded 6.785%, compared with 1.892% for relatively safe German bunds. Interestingly, though, German bund …
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Seeking Alpha Today’s Markets: In Asia, Japan +0.5% to 8644. Hong Kong +0.2% to 19040. China -1.1% to 2361. India +2.2% to 16847. In Europe, at midday, London +1.5%. Paris +1.6%. Frankfurt +1.7%. Bloomberg Unemployment …
Continue readingWSJ Pre-Market Brief: Market tone: Stocks called higher following China’s rate cut, which boosts the euro against the dollar; Treasurys higher; Nymex crude up at $100.09; gold up 0.6% at $1,705.37. Overnight action: China cuts …
Continue readingFrom Reuters here are some quotes from Finance Ministers, IMF officials and such at the G20 meetings stating that what needs to be done is big bold action. (bold emphasis mine) ALEXANDRE TOMBINI, PRESIDENT OF …
Continue readingFrom Tyler Durden at ZeroHedge This is a good primer of what to expect in the next couple of weeks of the Euromess. Bookmark this page and go back to it on days when you’re …
Continue readingSeeking Alpha Today’s Markets In Asia, Japan +0.8% to 9679. Hong Kong +1.9% to 22172. China +2.2% to 2746. India +2.9% to 18241. In Europe, at midday, London +0.8%. Paris +1.0%. Frankfurt +0.9%. Futures at …
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