Global markets were most focused on U.S. Congress because the budget debate continues ahead of the Sept. 30th deadline (not to be confused with the debt ceiling debate that has a mid-to-late October deadline). U.S. …
Continue readingThailand
Stocks in Asia were mixed, with Japan staging an impressive turnaround, but China selling off 2%. European stocks opened green, but quickly turned red. SPX futures rallied to up 7 points just prior to the …
Continue reading
Stocks in Asia and Europe were mostly red, with markets most focused on the U.S. political gridlock. S&P 500 futures were down to a 1687 low overnight, a new 8 day low. Asian Equities Decline, …
Continue reading
Financial assets were relatively quiet in the overnight session. U.S. economic releases today include housing data at 9:00 am EDT, and the Richmond Manufacturing Index and Consumer Confidence at 10:00 EDT. Asian Equities Mostly Red …
Continue reading
The headliner of the weekend was Angela Merkel and the CDU’s convincing victory in the German elections. The result was widely expected. Merkel and CDU Win Election, But Fall Short of Majority – Though the CDU …
Continue reading
In an overnight session with many Asian equity markets closed, it’s not a surprise that SPX futures only moved in a 3 handle range overnight. India Surprise Hikes Rate to 7.50% from 7.25% – This was …
Continue reading
The Fed’s decision not to taper has global markets on fire overnight, following the afternoon move in the U.S. Asian Indices All Green, Led by Southeast Asia – Indonesia, Thailand, and India all saw their equity …
Continue reading
DELL ($18.20) Bio Here Event: DELL reports fiscal Q4 after the close tonight, the options market is implying about a 5.75% move following earnings, which is basically inline with the average over the last 8 …
Continue reading