long term rating dropped a notch to A from A+ earlier outlook Stable Fitch affirmed them at AA-, outlook Stable NZDUSD showed little reaction and currently sits mid range for the session at 0.8373 after a small wobble on the … Continue reading
I had the headline earlier: S&P affirms NZ ratings at AA Now, from Fast FT (gated): New Zealand not fit for an upgrade – S&P S&P maintained its AA rating with a stable outlook on Tuesday. Moody’s rates the country … Continue reading
S&P affirms NZ ratings: Sees the New Zealand government continuing to improve fiscal performance New Zealand has fiscal, monetary policy flexibility New Zealand fiscal performance gradually improving S7P sees New Zealand net general government debt peaking at 24% of GDP … Continue reading
We’ve nicked a new high in the S&P of 1991.59 vs 1991.39 back in July and we are inches from party time. Whether it’s the data, Janet Yellen coming up or god knows what, the stock run is looking certain … Continue reading
S&P -2pts to 1979 Dow -20pts to 16896 Nasdaq -10pts to 4517 US 10 year yields 2.41% +1bp News from Argentina is said to be behind the early fall in stocks. The Argentinian government has said it will settle bonds … Continue reading
S&P +4pts to 1975 Dow +37pts to 16850 Nasdaq +7pts to 4515 US 10 year yields 2.37% -2bp We’re inching our way back towards the 1985 level and the 1991 highs.
S&P +10pts to 1965 Dow +96pts to 16759 Nasdaq +23pts to 4488 US 10 year yields 2.36% +2bp With the market seemingly not caring about what actually went on last Friday we’re seeing some early gains for stocks. Europe already … Continue reading
Here are the closing/current numbers across the US and more, including the changes on the week.
S&P +3pts to 1950 Dow +18pts to 16670 Nasdaq +6pts to 4440 US 10 year yields 2.39% -2bp While it’s pertinent to keep an eye on the yields around these levels remember that dollar moves in unison tend to lose … Continue reading
A couple of weeks ago I noted the similarity of the moves around the 1980′s to that of the moves back in March/April as we took on 1900. Looking at the chart today those similarities stand out even more. Back … Continue reading