Month: May 2012

US Data Misses

US Data Misses

Market Comment Equity markets are calm this morning after selling off nearly 1.5% yesterday. Risk aversion continues to be evident in credit markets; 10-year US Treasury yields are under 1.6%, ...
China Says No To Stimulus

China Says No To Stimulus

Market Comment The US Dollar is back on the rise following China’s announcement that they have no plan to introduce a stimulus package to spur economic growth. As a result; ...
Catalonia Joins the Fray

Catalonia Joins the Fray

Market Comment The Canadian dollar is again trading at its weakest level for 2012 against the USD as European risks and the need for more than a temporary solution weigh ...
European Contagion

European Contagion

Market Comment Markets have gained slightly overnight as investors seem content to continue the yo-yo action we have had as of late. Equity futures are positive while Crude and Gold ...