Benchmarks ended the last trading day of the week in the red following a deadlock between Greece and its creditors over the country’s bailout program. Positive consumer sentiment data also raised anxiety about a possible hike in interest rates sooner than later. For the week, the S&P 500 and the Dow ended in the green, while the Nasdaq finished in […]
Benchmarks ended slightly lower after a slump in utility stocks offset rise in energy shares. While high-dividend utility stocks took a beating due to rise in bond yields, energy shares gained as weaker dollar pushed oil prices higher. The euro strengthened against the dollar on upbeat Eurozone inflation data. Moreover, encouraging news on Greece’s debt crisis boosted the single currency.For […]
Stock Market Bears Get Slaughtered Despite Greece Counting Down to Grexit Financial ArmageddonStock-Markets / Stock Markets 2015Apr 20, 2015 – 04:36 PM GMTBy: Nadeem_WalayatFriday’s stock market plunge gave great hope to the bears who had been cocka-doodle-dooing all weekend that the top was once more in and that the bear market had finally definitely begun this time, only to find […]
Published: Saturday, April 4, 2015 at 5:30 a.m.
Last Modified: Saturday, April 4, 2015 at 9:27 a.m.
With the nation’s equities markets roiling with volatility these days, some investors are getting nervous. Fueling those concerns are the prospect of an increase in interest rates, sluggish gross domestic product growth and global concerns from the Eurozone to the Middle East. But the view […]
Dear Reader,My forecasts for the foreign exchange markets are almost coming true. USD/YEN is already above 120 and EUR/USD is close to 1.05.I still expect US stock markets to sell off in 2015 nearly 20% from the current levels measured by the main indices. Tech and biotech stocks should fall 30% from the current levels. US nonpublic and some public […]
Benchmarks ended in the red on Friday after fresh concerns about Greece’s debt negotiations offset encouraging job report. Meanwhile, rise in possibility of rate hike in mid-2015 due to improving labor market conditions dented investor sentiment. However, markets ended the week in positive territory despite Friday’s losses.For a look at the issues currently facing the markets, make sure to read […]
Benchmarks ended in the red on Friday after fresh concerns about Greece’s debt negotiations offset encouraging job report. Meanwhile, rise in possibility of rate hike in mid-2015 due to improving labor market conditions dented investor sentiment. However, markets ended the week in positive territory despite Friday’s losses.For a look at the issues currently facing the markets, make sure to read […]
Benchmarks gained for the third-straight session on speculation that ECB might provide more stimulus measures to boost the Eurozone economy. The European Central Bank’s (ECB) executive board has proposed a bond-buying program of about 50 billion euros per month in order to combat concerns over deflation in the Eurozone. ECB is expected to unveil a large-scale bond-buying program on Thursday […]
Benchmarks added significant gains yesterday banking on a rebound in oil prices and better-than-expected private sector jobs report. Fed minutes’ assurance that the central bank will be “patient” before hiking interest rates added to the bullish sentiment. Possibility of additional stimulus measures in the Eurozone and subdued fears about Greece exiting the European Union also boosted markets.For a look at […]
Earnings are arguably the most important driver of stock prices. So its a bit jarring to see stock prices and earnings diverge in the European equity markets.There’s a lot going on in Europe.The European economy is flagging. In the second quarter, GDP growth in the Eurozone was an anemic 0.1%, while inflation remains at a tepid 0.4% pace.This has created […]
