March 30, 2012

    Market Comment: March 30

    By / March 30, 2012

    Good morning, Although markets are regaining ground as we move towards the opening bell, comments from the Greek Prime Minister had international markets in the red overnight.  PM Papademos said Greece may need a third bailout package if the broad-based austerity measures demanded by the IMF (which they have already failed to meet) fall short… Read more

    Market Comment: March 29

    By / March 29, 2012

    Good morning, Markets are trading lower following weak US economic data and more chatter regarding the European debt crisis.  US Unemployment claims last week were revised wildly higher from 348K to 364K, proving how much of a fallacy the initial reports on jobless claims are.  This week’s unemployment claims also missed estimates, coming to print… Read more

    Market Comment: March 28

    By / March 28, 2012

    Good morning, The price of Crude Oil is soft this morning following reports that France has been in contact with the US and UK asking for a release of emergency oil reserves to help ease prices.  Crude Oil has fallen 1.7% following the report. The Pound Sterling has fallen nearly one-cent against the Loonie following… Read more

    Market Comment: March 27

    By / March 27, 2012

    Good morning, Just over one year later, markets in Japan have finally regained all of the ground lost due to last year’s massive earthquake and tsunami.  The Nikkei was able to recoup losses of as much as 20% aided by over $240 billion in new construction to rebuild as well as efforts from the Japanese… Read more

    Market Comment: March 23

    By / March 23, 2012

    Good morning, Markets are having a tough time shaking this risk-off theme as equities open in the red yet again; the Dow Jones has fallen every day this week while European markets post their largest weekly drop so far in 2012. It did not take long for Greece to return to headlines following the controversial… Read more

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