To set the morning in context, PMIs at Spain and Italy dropped as PMIs at UK, France and Germany hit a new low at near 45 in all three Continental majors. Manufacturing PMI rolls like moss going up the hill,…
To set the morning in context, PMIs at Spain and Italy dropped as PMIs at UK, France and Germany hit a new low at near 45 in all three Continental majors. Manufacturing PMI rolls like moss going up the hill,…
Retail sales are down 0.5% for June 12, the most disappointing but probably putting faith back in the multiple reports of retail same store sales that dot the landscape after the ingratuitous jump in sales data in May. However for…
As it happens 2 times out of 3 , the sharp finish by JP Morgan to its climactic loss announcements of June 2012 was a resounding success in moving the Dow 150 points on its closing day of the week,…
Italy added 0.8% in Production on Month though still 6.9% down on year while France revised its may data downward to sho a net 3% degrowth on year and the British 1.2% growth in production on month could not stop…
Monte De Paschi de Siena is getting new state aid from Mario Monti’s government of upto EUR 3.5 B to make a pitstop as it was marked by EBA in the recent stress tests for a EUR 3.27 B shortfall.…
Though Italian one year BOT on auction landed a cut off yield closer to 4% than the last 2.3% yield, the inflation thru the Eurozone more or less remained unchanged with a 1.9% for Germany and 3.2% for Italy overshadowing…
Ofcourse there will be much lower trading in Global markets as this is the 4th of July week bang in the midweek crowding out business events from the calendar. A raft of PMI manufacturing Data, ISM manufacturing data and Factory…
The Global Economy should have roiled hen Monday began with saddening aannouncements from S&P and moodys’ in Spain. as many as 16 Spanish banks were downgraded following the contraction in the Spanish economy ( of 0.3% – no less! )…
The morning stream of data knocked the winds out of the Europe watchers but sentiment still improved on basis of yesterday’s scare turning out to be a non starter. UK, the most promising Common market, unfettered by the Euro also…
| INDU | 0.00 | ||
| NASDAQ | 3498.965 | ||
| S&P 500 | 1655.35 | ||
| AMZN | 262.96 | ||
| AAPL | 441.354 | ||
| GS | 159.34 | ||
| BAC | 13.31 | ||
| JPM | 53.63 | ||
| UAL | 33.24 | ||
| MCD | 101.74 | ||
| KO | 42.25 | ||
| DIS | 65.57 | ||
| DB | 46.91 | ||
| HBC | 57.26 | ||
| PFE | 29.30 | ||
| BRK.B | 0.00 |