Market update: morning coffee brief

Market update: Asian markets are the mirror image of yesterday with all but Korea in positive territory in overnight trading. Volume was somewhat light going into next week’s event-packed week, starting with the Greece elections Sunday.

Asia Greece India

Morning coffee brief

Risk-on returned to Asian equities, commodities and the forex market on G8 talks wanting to keep the euro zone together. Markets are reacting to the G8 statement over the weekend by leaders “maintaining a firm commitment to implement fiscal consolidation” for Europe. 

China Commodities Europe Greece Market Updates

Morning coffee brief

The world’s largest economy has now taken it on the chin in the last 9 out of 10 sessions with global and emerging market following. The old saying “sell and go away in May” seems to have been the right call for those that did just that. For the rest of us a healthy diet of risk off assets appears to be the name of the game.

Europe Gold Greece Market Updates Strategy

Morning coffee brief

U.S. futures are pointing much lower in electronic trading this morning, as trader digest the fallout from JPMorgan’s $2 billion trading loss. The U.S. markets, along with India and other emerging markets, will be under pressure as they work through the slew of headlines over the weekend.

Banks China ETFs Europe Greece Market Updates