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| | | Stop right there. If you believe that last night's reversal of fortune on Wall Street was really, truly because of "improved data on the US housing market" as the Australian Financial Review puts it or "as Home Data Tempers Economic Concern," as per ... |
| | | | This may be the one we've all been waiting for - the 'crisis moment' that pushes the region that shares a single currency into a unified course of action. Equity markets dropped big time overnight from New York to Rio and old London town - and of course ... |
| | | | "Just once can't we figure out what we keep doing wrong Why we never last for very long What are we doing wrong Just once can't we find a way to finally make it right." -- James Ingram "Just Once" It's a brand new week folks. Yet somehow, why does it ... |
| | | | A day late and a penny short. Had the stumble in equity and commodity markets and the grim indicators released overnight happened while the Federal Open Market Committee was still in session, Big Ben would have announced something beyond extending the ... |
| | | | As surely as night follows day, an up day on Wall Street followed the previous one's down. Over the past seven trading days, the S&P 500 displayed this classic sawtooth pattern. Here are the stats - and the rationales as headlined: 06 June: Up 2.3% ... |
| | | | Up and down it goes, where it ends nobody knows. Wall Street was down again last night, after being up the previous day and down the day before. This sawtooth trading pattern hardly comes as a surprise given the great uncertainty over the outcome of ... |
| | | | The Australian market looks set to open lower following falls on Wall Street overnight and a mixed performance on European bourses after disappointing US retail sales data and concern remaining over the euro zone. At 0813 AEST on Thursday, the June ... |
| | | | May's over. It's done, dusted, it's obituary is written and save for the diehard bulls - and perhaps, Warren (of the "be greedy when others are fearful" fame), best forgotten. Just our luck 'ey Virginia, the euro tragedy did a replay last month, giving ... |
| | | | Shiver me timbers! If you ever doubted that the markets see what they want to see and hear what they want to hear, the equity markets' performance over the past 24 hours will make a believer out of ya'll. Forget Europe, China's coming to the rescue. ... |
| | | | As eurozone tensions remain high, the ongoing political and economic turmoil is causing a "flight-to-quality", according to Robert Mead, PIMCO's head of portfolio management in Australia. Ratings agency Moody's said it had maintained France's top rating ... |
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