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Morning Bell: Us Unemployment Claims Fell
Friday, Mai 24, 2013
The numbers that came out of the Eurozone today were slightly higher than expected. The the Flash services PMI was at 47.5, a three month high and better than economists expected, but still below the 50 mark that divides growth and contraction.
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Morning Bell: Bernanke Waits for More Positive News
Thursday, Mai 23, 2013
The Fed Chairman Ben Bernanke in his testimony on Wednesday said that the monetary policy backed by the Fed is helping the US economy to recover but more evidence need to be found before any action to slow the Feds current bond buying program.
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Morning Bell: FOMC Commentary
Wednesday, Mai 22, 2013
The latest in a series of EU Summits kicks off today with the topic of tax evasion and avoidance at the top of the agenda.
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Morning Bell: Balance Sheet Concerns
Tuesday, Mai 21, 2013
With many European countries observing a holiday yesterday, volume was exceedingly anemic, nearly 40% below the daily average.
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Morning Bell: CPI Growth Remains Anemic
Friday, Mai 17, 2013
Macro figures were largely disappointing, as annualized core CPI printed well below expectations, paving the way for further rate cuts in the imminent future should the situation continue to deteriorate across the Eurozone.
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Morning Bell: GDP Falters
Thursday, Mai 16, 2013
Yesterday’s data dump out of Europe accurately portrayed the growing slowdown evident around the Eurozone as only Slovakia was able to best growth predictions from economists.
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Morning Bell: Economies Stall Out
Tuesday, Mai 14, 2013
Lingering concerns in the French economy have led citizens to overwhelmingly reject the sovereignty of the EU as the economy deteriorates and threatens a triple-dip recession. Disillusionment with government policies and negative EU impact has seen President Francois Hollande become increasingly unpopular.
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Morning Bell: Unemployment Dips
Thursday, Mai 9, 2013
As traders prepare for the upcoming Bank of England interest rate decision, data flowing out of the Eurozone points to slow recovery, especially in the periphery.
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Morning Bell: China Exports Surprise
Wednesday, Mai 8, 2013
French industrial production fell deeper than expected yesterday while the Government’s efforts to balance the budget and tackle the rising deficit have proved ineffective.
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Morning Bell: “Sell in May and Go Away”
Tuesday, Mai 7, 2013
With the UK closed for a banking holiday, regional benchmarks and risk assets traded relatively subdued as the summer months rapidly approach. The major news out of the Eurozone came from Mario Draghi’s policy speech in which he elaborated on the recent ECB decision to cut rates.
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