MorningWord 7/8/13: As Enis mentioned earlier in his MacroWrap (here), Q2 earnings season really doesn’t get kicked off in earnest until Friday morning when we get results from JPM and WFC. Despite AA’s earnings tonight, …
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In the last couple months, markets have moved much more overnight than during U.S. hours. While volatility in our markets has been higher than normal, it has been nothing compared to what most other global …
Continue readingA crucial week for markets lies ahead, as the market battles the 200 day moving average in the SPX index for only the second time this year. But with quiet markets overnight (Asia and Europe …
Continue readingNYT Finance Minister Vitor Gaspar of Portugal said Monday that gross domestic product was expected to grow next year by 0.2 percent, down from the 0.6 percent growth it estimated in late April. He also …
Continue readingEuropean markets are quite weak. There are concerns again about Italy and Spain as Italian unions organize against Monti’s liberalization measures and Chinese concerns continue to linger in the background. This week’s price action finally …
Continue readingCNBC U.S. stock index futures pointed to a slightly lower open on Wall Street on Friday as investors took profits on Thursday’s gains fueled by mostly positive economic data. Brent crude futures have backed off …
Continue readingHere’s the important parts of the S&P release. In bold is the issue we’ve been incessantly talking about here at Risk Reversal for the past few months. (via WSJ) We have lowered the long-term ratings …
Continue readingAs of 9AM the S&P futures are up 1% on a whole host of news this am that is being perceived fairly positively as we head into some important data on jobs tomorrow and earnings …
Continue readingSeeking Alpha Today’s Markets In Asia, Japan +1.1% to 10082. Hong Kong -1.0% to 22518. China -0.2% to 2810. India -0.1% to 18727. In Europe, at midday, London -0.6%. Paris -0.5%. Frankfurt -0.1%. Futures at …
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