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

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

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