S&P sees real GDP in the eurozone up 1.1% in 2014.
S&P -5pts to 1978 Dow -22pts to 17035 Nasdaq -4pts to 4421 US 10 year yields 2.50% -2bp Despite us highlighting the bank earnings there have been other of course and some have left a lot to be desired. SanDisk … Continue reading
And thus the stars aligned and the green light went on. S&P +9pts to 1983 Dow +50pts to 17111 Nasdaq +22pts to 4438 US 10 year yields 2.55% +1bp A big test will be whether stocks can maintain the gains … Continue reading
An $80bn deal for Rupert Murdoch to buy Time Warner has been rejected says CNBC. The deal in which Fox was said to offer $85 per share in cash and stock has seen the Time Warner share price naturally up … Continue reading
We’re 5 ticks off the historical highs after last weeks flush out and it shows yet again that this bull run isn’t going to give the dip buyers a glimmer of a bigger fall to buy into. It looks like … Continue reading
No surprise. Expect German net general government burden to gradually decline to closer to 65% of GDP in 2017 from 74% in 2013. They forecast the German economy will expand by 1.8% in 2014 and 2.0% in 2015.
S&P -9pts to 1968 Dow -89pts to 16934 Nasdaq -25pts to 4425 US 10 year yields 2.57% -4bp Stocks and bonds are leading the way for the dollar as it falls towards 101.50. 101.20 is the next support level to … Continue reading
The S&P is down 6 at 1979 with the DOW losing 63 to 17004. The Nasdaq is -11 to 4475. US 10 year yields have fallen towards 2.60% from 2.66% and it’s a similar picture further out in 30′s which … Continue reading
By and large Q1 earnings containing the ‘weather’ effect weren’t as bad as some people forecast. That should make Q2/H2 numbers super stellar shouldn’t it? Alcoa kick of the big boys tomorrow and if they, and the other major companies … Continue reading
S&P says Argentina foreign currency ratings placed on creditwatch negative following missed interest payment Affirmed ‘ccc+/c’ long- and short-term local currency sovereign credit ratings and ‘rabb+’ national scale rating Outlook on the long-term local currency rating for Argentina remains negative … Continue reading