Daily Market Review 05/17/12

18 May 2012

The capital markets have experience a one way flow over the past 5 trading sessions with riskier assets experiencing liquidation on the treat of slower growth and a Greek default. With the exception of the Facebook IPO, there is little for investors to become excited about.

Developments in the euro zone should remain the major driver for capital...

Euro and Aussie Feel the Pressure

17 May 2012

Though the Euro clawed higher, it remains vulnerable as fears of a Greek exit grow on the backs of news that some Greek banks are experiencing a funding crisis....

Binary Options Daily Analysis – Asia Plunges on Greece and China Fears

17 May 2012

Equities
Asian markets tanked on Wednesday, as the political deadlock in Greece escalated fears that Greece may exit the euro zone. Fears of a slowdown in China added to the anxiety, as data showed loan growth stalled in the first half of May. The Shanghai Composite fell 1.2%, and the Hang Seng plunged 3.2%, as Chinese banks dropped sharply....

Fed Talks – Is It Beggar Thy Neighbor

17 May 2012

The FOMC minutes for the 24-25 April meeting were released yesterday and the markets focused on some small changes in the language of the minutes the biggest thing to note has been that several members on the FOMC have voted that further easing may be needed should the economy falter but no clues where given to the likely triggers of further QE....

Daily Market Review 05/15/12

16 May 2012

Riskier assets consolidated after losing ground for nearly 6 straight trading sessions. Energy prices continued to weigh on equities, driving down drillers and integrated oil companies. EU GDP surprised analysts by avoiding a recession while US Retail Sales were in line with expectations.

Euro-zone GDP was unchanged from the previous quarter,...

Binary Options Daily Analysis – Fear Continue to Rise as Greece Fails to Form a Government

16 May 2012

Equities
Asian markets dropped on Tuesday, as fears of a Greek exit from the euro escalated. The Nikkei lost .8% to 9901, the ASX 200 fell .7%, and the Kospi shed .8%. China’s Shanghai Composite eased .3% to 2375, while the Hang Seng rallied .8%, snapping a 7-day losing streak.

European indexes extended their losses, as banking shares tumbled...

Daily Market Review 05/16/12

17 May 2012

Riskier assets consolidated as there was little new information to drive the capital markets. The US FOMC minutes where released to the public showing that more Fed members might be in favor of additional easing.

Central bank officials overall thought the economic outlook was still on a path of moderate economic growth. While Fed officials have...

Greek Mess Sends Euro to 4 Month Low

16 May 2012

In Asian trading, the Euro wallowed near to a 4-month low versus the U.S. Dollar, but traders expect a continued downtrend following the stalemate in Greek politics which will usher in a new election, certainly, but moreover, the increasing risk of a Greek exit from the Eurozone....

Aussie on the Back Foot – More Rate Cuts to Come?

16 May 2012

With Australian consumer confidence still not showing signs of any real bounce coming in at 0.8% compared to the previous month of -1.6%. At the May RBA meeting the central bank cut interest rates by 50bps which surprised the market as expectation was only for 25bps cut.

According to target rate probabilities it is being implied that markets are...