International Markets

U.S Dollar Hanging Tough For Now

September 21: Five things the markets are talking about The Fed’s decision to leave the benchmark interest rate unchanged was entirely anticipated yesterday, but their ‘hawkish’ forecast for where rates will be at the end of the year caught some of the market by surprise. As expected, the Fe ...

Sterling and Kiwi dollar forge ahead of Dot Plot release

Wednesday September 19: Five things the markets are talking about Global equities remain unsettled, sovereign bonds trade mixed and G10 (ex-sterling) currencies are mostly drifting ahead of today’s Federal Reserve’s rate decision and press conference. Along with the market strongly anticipating ...

CAC Subdued, Markets Eye German Election

The CAC index has ticked higher in the Wednesday session. Currently, the index is at 5,244.70, up 0.13% on the day. On the release front, it’s a quiet day, with no eurozone or French indicators on the schedule. On Thursday, ECB President Mario Draghi will deliver remarks at the European Systemic ...

DAX Edges Higher as All Eyes on Fed Rate Statement

The DAX index has posted small gains in the Wednesday session. Currently, the DAX is trading at 12,581.50, up 0.18% on the day. On the release front, there are no major eurozone indicators on the schedule. German PPI remained unchanged at 0.2%, edging above the forecast of 0.1%. In the US, the Fede ...

Tech Talk for Wednesday September 20th 2017

  Observations More U.S. companies are reducing third quarter sales and earnings guidance at least partially due to Hurricanes Harvey and Irma! Bed Bath & Beyond plunged $3.88 to $23.15and FedEx fell $5.91 to $210.09 after the close yesterday after lowering guidance related to hurricanes. Look for ...

CAC Subdued as Eurozone Posts Mixed Data

The CAC index is almost unchanged in the Tuesday session. Currently, the index is at 5,236.80, up 0.15% on the day. On the release front, eurozone numbers were a mixed bag. The eurozone’s current account surplus jumped to EUR 25.1 billion, easily beating the forecast of EUR 22.3 billion. Eurozone ...

DAX Yawns as German ZEW Beats Expectations

The DAX index has edged higher in the Tuesday session. Currently, the DAX is trading at 12,543.00, down 0.11% on the day. On the release front,  German ZEW Economic Sentiment climbed to 17.0 points, crushing the forecast of 12.3 points. Eurozone ZEW Economic Sentiment improved to 31.7, but fell s ...

PVS.PR.F Soft on Modest Volume

Partners Value Split Corp. has announced (although not yet on their website; maybe not ever on their website, since the lazy turds haven’t even published the new issue announcement yet): the completion of its previously announced issue of 6,000,000 Class AA Preferred Shares, Series 8 (the “Ser ...

India Poised to Drive Third Wave of Asian Growth

India is poised to emerge as an economic superpower, driven in part by its young population, while China and the Asian Tigers age rapidly, according to Deloitte LLP.The number of people aged 65 and over in Asia will climb from 365 million today to more than half a billion in 2027, accounting ...

How Will Yellen Be Judged in Years Ahead?

Janet Yellen, the first woman to chair the Federal Reserve, may be entering the final stretch of a tenure defined by her deft navigation of the U.S. economy and the first steps toward exiting crisis-era policies that kept interest rates near zero for the better part of a decade.President Donald Tr ...