IMF weights for BRICs are rising this year to the Top 10 contributors as Eurozone trade surpluses and economic capacities tread declines with the finality of a two decade long restructuring. Trade surplus for the Eurozone was down 60% from…
IMF weights for BRICs are rising this year to the Top 10 contributors as Eurozone trade surpluses and economic capacities tread declines with the finality of a two decade long restructuring. Trade surplus for the Eurozone was down 60% from…
Euro looks ripe for a run to 1.25 levels from 1.2710 right now as the markets begin the final hour to lap to the critical FOMC meeting where QE is sanctioned or hinted at in a way palatable to the…
Greek elections set a few tumblers right but the numbers on the Spanish 10 Y bond yields put the spinning banks firmly into the centre of the whirlpool, European Banks losing billions in Market Cap led by Bankia, down another…
A preponderence of Euro Citizens saved Greece by the bell but left democracy in the lurch as the pro Euro New Democracy landed 129 out of 130 required in the 300 member Greek parliament. The ultimate winners get 50 extra…
Trade Balance data from Italy dropped $0.7B to a few millions in deficit as the Export markets in EU have held on month but are down 5% for the year from previous April. Imports fell 9.3% on year but were…
Germany’s protestations have shifted to the threat of a “fiscal union” with as many terms and conditions as possible on the budgets of member countries and frequent inspections and veto powers to European (German?) administrators, points to the simple facts…
S&P’s latest analysis note suggest Greece indeed has a one in three chance of leaving the union as almost commonplace but hitherto largely ignored data hich has yet been important for academics and highlighted by us this year for its…
Though the Fed Balance sheet data announcement is still an hour away as I start writing this piece today, it is the inevitable updates on size this week from both sides of the pond. The Eurosystem is up to EUR…
With jobless claims coming down from a new 400,000 watermark in April and Existing home sales up 10% on last year being good data enough to not upset any further calculations of GDP growth and US vitality in the next…
If you don’t understand the headlines of the daily morning report this week, you and I could be excused as the flux int he situation of march and April has apparently turned a lot of heads and most with no…
| INDU | 0.00 | ||
| NASDAQ | 3498.965 | ||
| S&P 500 | 1650.51 | ||
| AMZN | 261.80 | ||
| AAPL | 442.14 | ||
| GS | 157.41 | ||
| BAC | 13.21 | ||
| JPM | 53.35 | ||
| UAL | 34.36 | ||
| MCD | 101.03 | ||
| KO | 41.93 | ||
| DIS | 65.23 | ||
| DB | 46.70 | ||
| HBC | 56.26 | ||
| BRK.B | 0.00 | ||
| KRS | 38.09 |