Tag Archives: market updates

Morning coffee brief

Whatever positive sentiment Asian markets gained from U.S. markets ticking up and a possible resolution in the Greek political arena was quickly spooked when JPMorgan Chase (JPM, quote) disclosed a $2.0 billion loss on synthetic credit securities.

BRICs Europe Market Updates

Morning coffee brief

Traders continue to focus on the political and financial woes in the euro zone. The U.S. markets have now hit lows not seen for two months with the Dow establishing a six day losing streak not seen since last August. The Dow is dangerously close to printing the largest weekly decline this year!   

Commodities ETFs Europe Market Updates

Morning coffee brief

With most of the euro zone on holiday yesterday, traders around the world turned to the U.S. session for directional cues. U.S. stocks rallied on manufacturing data Tuesday morning and shrugged off the Chicago PMI and China’s disappointing PMI, only to finish well off the highs.   

Analysis Commodities ETFs Europe Strategy

Morning coffee brief

U.S. futures are pointing to a mixed open once again on what should be light trading day, with most European and Asian markets closed today. With light trading we find Europe is mixed with the FTSE in the green while the DAX, CAC 40, and SMI are solidly in the red.

Analysis Forex Market Updates Stocks

Morning coffee brief

Sorting through last week and overnight’s trading seems like a rerun TV show we’ve seen before, as traders sort through the euro zone issues, particularly Spain and Italy. Asian markets closed down, European markets are taking it in the chin while U.S. futures are suggesting another lower open. 

Commodities Europe Gold Market Updates Mexico Pharma