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

Market Comment: March 22

By / March 22, 2012

Good morning, The slew of bad economic data released this morning is helping push markets down across the board, leaving everything lower but the US Dollar. Fourth-quarter GDP in Ireland unexpectedly fell 0.2%, well below the expected 1% gain.  Some market participants fear that this is the beginning of a series of bad news out… Read more

Market Comment: March 21

By / March 21, 2012

Good morning, The Bank of England voted unanimously to maintain interest rates at 0.50%; however, there was some indecision on whether to increase the stimulus/quantitative easing in the market, with the vote to keep it at the current £325bln coming in at 7-2. England released its latest budget this morning, which aims balance tax cuts… Read more

Market Comment: March 20

By / March 20, 2012

Good morning, Markets are in the red and the US dollar is stronger across the board following news of a Chinese slowdown.  Commodities and commodity currencies have taken a hit this morning following BHP Billiton and Rio Tinto reports that Chinese iron ore demand is softening.  An official report from the auto association says growth… Read more

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