Fears that the five-year Greek financial crisis will culminate in debt default and exit from the euro have intensified as Athens hardened its rhetoric against its creditors and insisted it would miss a payment to the International Monetary Fund unless it received debt relief.With just 48 hours to go before a meeting of eurozone finance ministers, seen as the last […]
The S&P 500 (SPX) has seen its fair share of ups and downs in the first half of June, but the overall direction lacks conviction. Or is that changing? Like, real soon. This week kicks off with some noise due to failed weekend talks to rescue Greece. Just a little volatility primer before attention turns to the midweek Federal Reserve […]
TOKYO (AP) — Asian stocks markets sagged Tuesday as global jitters mounted over whether Greece and its creditors can reach a bailout agreement.KEEPING SCORE: Japan’s Nikkei 225 dipped 0.6 percent to 20,260.00 and South Korea’s Kospi lost 1.2 percent to 2,017.05. Hong Kong’s Hang Seng fell 0.5 percent to 26,738.76. Other Asian benchmarks, including Taiwan and Singapore, were also lower.GREECE […]
Stock Market Failed Rally?Stock-Markets / Stock Markets 2015Jun 15, 2015 – 02:26 PM GMTBy: Andre_GratianCurrent Position of the MarketSPX: Long-term trend – Bull MarketIntermediate trend – Waiting for confirmation that the ending triangle is complete.Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of […]
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 […]
Stock Market Caution as Greek Crisis Reaches EndgameStock-Markets / Stock Markets 2015Jun 14, 2015 – 04:27 PM GMTBy: Christopher_QuigleyEuropean markets were on a roller coaster ride last week as rumor and counter rumor about a Greek deal with the European Central Bank circulated and affected sentiment. When news hit Friday that the IMF team had left for Washington the DAX […]
Benchmarks ended Tuesday’s choppy trading session almost unchanged, with the Dow Jones Transportation Average nearing correction territory. The transportation index took a beating mostly due to a drop in airline stocks. The Nasdaq finished in negative territory dragged down by decline in biotech stocks, but the S&P 500 ended in the green boosted by gains in consumer staples and financial […]
Benchmarks ended the first trading day of the week in the red, dragged down by declines in technology stocks. Drop in airline stocks also weighed on the broader markets. The lack of progress related to Greece’s debt deal with its creditors also dented investor sentiment. Meanwhile, Friday’s upbeat jobs data continued to intensify concerns about rate hike as early as […]
Wikimedia CommonsStock investors are expected to tread carefully next week, as speculation about the timing of a US Federal Reserve interest rate hike adds to concerns about valuations.Since hitting record levels two weeks ago, the US stock market has struggled for direction, and investors said the next several sessions might prove no better. A run of better-than-expected economic figures failed […]
Benchmarks ended in the red on Thursday as a decline in jobless claims raised concerns about rate hike sooner than later. Meanwhile, IMF urged Fed not to hike rates until next year provided there is a clear indication of a pick up in wages and inflation rate. IMF also trimmed growth forecast on U.S economy, which added to investor concern. […]
