Bloomberg U.S. stock futures fell, indicating the Standard & Poor’s 500 Index will trim its biggest weekly gain in 2012, as commodities tumbled and disappointing economic data in Europe added to concern about a global …
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WSJ The euro fell against the dollar and the yen as worries about Spain and poor euro-zone activity data weighed on the common currency. The single currency sank around a cent against the dollar to …
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 readingIn case you haven’t noticed, I like to look at metrics, indicators, and charts that are not as widely watched by other market participants. Like my post on Spain last week, today I am going …
Continue readingWSJ European markets pared some losses but remained broadly lower as Spain’s banking crisis intensified. The Stoxx Europe 600 index was down 0.6%, but had been down 1.5% earlier in the session. Spanish banks are …
Continue readingI generally try to avoid joining the media frenzy around a particular market topic because the media tends to distract me from the “real” story in many cases. Today I am making an exception. The …
Continue readingReuters Stock index futures rose on Tuesday, indicating a rally in equities may continue after their first weekly gain since April, on hopes China may unleash more spending measures and Greek election polls pointed to …
Continue readingBloomberg U.S. equity-index futures rose before Facebook Inc. starts trading and as Group of Eight leaders prepared to meet to discuss Europe’s debt crisis. Global stocks headed for the worst week in six months and …
Continue readingTrade Update May 17th, 2012 at 10:45am: Since buying this May 129/125/121 Put Fly for .56 about a month ago, the FXE is down about 3%. For a currency that is a decent sized move. Now with about …
Continue readingTrade Update May 15th, 2012 at 10:03am: Since buying this May 129/125/121 Put Fly for .56 about a month ago, the FXE is down about 2.4%, which doesn’t seem like a lot, but for a …
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