Euro trading slightly lower today

Tuesday, 12 April 2011 12:09

Euro trading slightly lower today off the back of the market concerns that the ECB rate rise last week will hamper the efforts of Ireland, Portugal and Greece to contain debt, the euro has dropped from a 15 month high against the USD.

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US stocks have started the week with modest gains.

Monday, 11 April 2011 05:21

US stocks have started the week with modest gains. Dow +33.66, Nasdaq +4.74 S & P +3.22. The dollar has gained ground against the euro this morning as well.

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Overnight and weekly wrap up

Saturday, 9 April 2011 11:53

  Overnight in the US treasuries and stocks dropped lower as inflation expectations surged and the markets continue to believe the Fed will lag behind other central banks in raising rates. As of this writing the US government has finally reached an agreement and agreed to cuts totally almost 38 billion dollars, the largest cuts […]

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European stocks rose in early trade on Friday

Friday, 8 April 2011 10:58

European stocks rose in early trade on Friday, off the back of the European Central Bank’s decision to raise interest rates helped fuel optimism over the health of euro zone economy. The FTSE, DAX, CAC and IBEX were all up over 0.75% in early trading.

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Global markets are expecting an interest rate increase

Thursday, 7 April 2011 09:52

Global markets are expecting an interest rate increase Thursday from the European Central Bank, the question will be how much they will move and if more increases are planned in the coming months.

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