CCB in the market with a $15B shopping Bag Dealmakers are happy of course and US bank stocks jumped 3-5% on yesterday’s news that China’s no. 3 by assets and no. 1 by growth, China Construction Bank is looking for…
CCB in the market with a $15B shopping Bag Dealmakers are happy of course and US bank stocks jumped 3-5% on yesterday’s news that China’s no. 3 by assets and no. 1 by growth, China Construction Bank is looking for…
Politically incorrect, rhymes and trading dings, bells and sing song rompers in 10 Downing Street, the year of the Queen, the year of the Dragon and the year of those proverbial needle in a haystack issue (Re)elections. The world would…
The Consumer Credit report for June yesterday (G.19) pointed to an expected decreasein revolver by more than 5% annual rate holding at May levels as retail slumped in June and in July on a curt withdraal by US Consumers from…
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,…
Deutsche Bank’s myriad investigations that started this quarter coincided ith a more moderate but equally urgent delveraging of its Market Risk and Credit Risk books and trading revenues fortunately fell only 35% but profits were down 63% Trader Anshu Jain’s team(DB:US)…
The House price Index starts the boot on the housing recovery that has lasted a minor 20% uptick at the bottom of the cycle(Its a much repeated chart and there is another 50% in most urban indices to catch up…
Asia took USD Treasury yields south to another all time low as McDonalds’ reported below par result and Beijing reeled under flash floods that cost the airport 800 cancelled flights and a lot of deaths. The Euro went under the…
An expected miss from an honestly deflated Wall Street and no exceptional reports except the hope for Windows 8 from Microsoft while Google carries on in online advertising, is hardly the recipe for a perfect day. However evenif this is…
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…
A mid day comeback on Wall Street is only too common this month as Europe scares but small islands of data that disappoint are covered by more qualitative improvements and despite some dud fireorks, the markets are keen to make…
| INDU | 0.00 | ||
| NASDAQ | 3462.61 | ||
| S&P 500 | 1667.47 | ||
| AMZN | 269.90 | ||
| AAPL | 433.26 | ||
| GS | 158.18 | ||
| BAC | 13.43 | ||
| JPM | 52.30 | ||
| UAL | 34.75 | ||
| MCD | 101.54 | ||
| KO | 42.97 | ||
| DIS | 66.58 | ||
| DB | 48.45 | ||
| HBC | 57.77 | ||
| PEK | 34.61 | ||
| BRK.B | 0.00 |