Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
Tue, Jan 26 2010, 08:31 GMT
A mixed bag of economic data last week has left market participants with much to mull over, while calling into question the strength—and even reality—of the ostensible economic recovery: PPI (0.2% in Dec. vs. 1.8% prior; Housing Starts (557K in Dec. vs. 580K prior; Initial Jobless [...]
The dollar and yen slide ahead of U.S. data
Mon, Jan 25 2010, 11:42 GMT
by ecPulse.com analysis team
The U.S. dollar and Japanese yen slipped today against majors ahead of the release of U.S. existing home sales for December amid tranquility in markets due to lack of important fundamentals from major economies. [...]
Thu, Jan 14 2010, 06:55 GMT
by ecPulse.com analysis team
Major currencies consolidated in today’s Asian session ahead of the ECB announce its rate decision, and Mr. Trichet’s conference. The world’s leading economy will release the retail sales reading for December and it may move the market, especially with forecasts saying that retail [...]
Thu, Jan 7 2010, 06:12 GMT
by ecPulse.com analysis team
The pound declined against the green currency in today’s Asian session ahead of the BOE rate decision that will be released later today. On the other hand, the dollar gained slightly against the Japanese yen after yesterday’s decline since the FOMC minutes yesterday [...]
NEW YORK – The new year could be brighter for luxury retailers, as improving
pave the way for a potential recovery, an analyst said Monday.
, Randal Konik of Jefferies & Co. said luxury retailers like Tiffany & Co. and
Salon, Cosmetics & Fragrance Inc. will be among those that could see improved business in [...]
Thu, Dec 31 2009, 20:19 GMT
Unfortunately, the markets have been lacking in excitement as of late. I do my best not to bore readers with irrelevant information and I hate that this newsletter has been so repetitive in recent weeks but I don’t control the news or the markets, I just call [...]
Overall trading remains weak ahead of the holidays…
Thu, Dec 24 2009, 17:53 GMT
by ecPulse.com analysis team
So far, overall trading and movements are volatile and calm ahead of the Christmas holidays as traders are already closing their positions, while the Federal currency gained slight momentum throughout the currencies market as the [...]
Currencies ahead of Holidays and U.S. data
Thu, Dec 24 2009, 13:16 GMT
by ecPulse.com analysis team
Ahead of the Christmas Holiday tomorrow, we see that there is low volume in markets as investors close their deals; while the Dollar Index, which usually measures strength of the dollar versus six major currencies, declined [...]
rose Wednesday following a report that global finance regulators will give lenders a decade or more to meet stricter capital rules.
In Europe, the
of leading British shares was up 33.19 points, or 0.6 percent, at 5,318.96 while
rose 72.11 points, or 1.2 percent, to 5,883.45. The CAC-40 in
was 34.40 points, or 0.9 percent, [...]
Stocks rise after data, ahead of Fed statement
NEW YORK (Reuters) – U.S. stocks rose on Wednesday after data showed consumer prices did not overheat in November, quelling inflation worries, while housing data pointed to sustained recovery ahead of a Federal Reserve statement on the condition of the U.S. economy.
Upbeat economic data and a [...]