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Cyprus downgraded to “JUNK” by Fitch
On Monday Fitch Ratings downgraded the Republic of Cyprus to BB+ junk status with negative outlook. Fitch downgraded the long-term foreign and local currency Issuer Default Rating (IDRs) to BB+ from B… more →
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Cyprus downgraded to “JUNK” by Fitch
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wrote 11 months ago: On Monday Fitch Ratings downgraded the Republic of Cyprus to BB+ junk status with negative outlook. … more →
Spain makes official request for banks aid
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wrote 11 months ago: On Monday Spain finally formalized its aid request to prop-up its ailing banks. Spain made the offi … more →
Oil down in Asia
wrote 11 months ago: SINGAPORE: Oil prices fell in Asian trade Thursday on rising US crude stockpiles as traders lamented … more →
Swiss ZEW Expectations Slump in June
wrote 11 months ago: Credit Suisse ZEW Switzerland Expectations of Economic growth slumped heavily in June as the outlook … more →
Asian markets rise on Greece and France
wrote 11 months ago: Australia’s S&P/ASX 200, Japan’s Nikkei Stock Average and South Korea’s Kospi rose by 1.90%, 1.8 … more →
EUR/USD targets 1.2825/69 - Commerzbank
wrote 11 months ago: Commerzbank analysts expect a deeper retracement to 1.2825/69 (May-21 high and 55-day MA) after havi … more →
EUR/USD above 1.27 after Greek election
wrote 11 months ago: EUR/USD is last at 1.2707, bouncing from trading session lows at 1.2672 during Hong-Kong open, after … more →
Chinese home prices fall in more than half of the cities
wrote 11 months ago: The Chinese housing sector witnessed a drop in home prices in a record 54 of 70 cities in May; as de … more →
Greece votes for euro! Pro-bailout parties lead
wrote 11 months ago: It is a sigh of relief indeed. After an exhausting six-week tension in markets over an imminent euro … more →
Fundamental and Technical Analysis for: S&P 500 Futures
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wrote 11 months ago: The market focus is surely on Europe and on the next chapter with the Greek elections due on Sunday, … more →
Crude Oil Technical Outlook
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wrote 11 months ago: Crude Oil Technical Outlook Nymex Crude Oil (CL) No change in the near term bearish outlook in crud … more →
Silver Technical Outlook
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wrote 11 months ago: Silver Technical Outlook Comex Silver (SI) Silver continues to engage in choppy sideway trading. Bu … more →
Gold Technical Outlook
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wrote 11 months ago: Gold Technical Outlook Comex Gold (GC) Gold continues to recover today but the near term outlook re … more →
Sentiment Ruined by Moody's Downgrade, Weak US Data and Upcoming Greek Election
wrote 11 months ago: Investors turned cautious ahead of the Greek election. Sentiment was dampened further as Mood … more →
Danske Bank - Focus today on Italian bonds auction and OPEC meeting
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wrote 11 months ago: The Italian government will auction up to EUR4.5bn of government bonds today. The auctioned bonds ha … more →
AUD/USD drifting off with the EUR/USD
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wrote 11 months ago: Soggy start in Europe with AUD heading back down towards Asian lows of 0.9928. Strong bids are now … more →
German FDP’s Fricke: Greek euro future is ‘their decision’ – Bloomberg TV
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wrote 11 months ago: Greek contagion is biggest issue Greece bank contagion possible to stop Bank run not likely if Greek … more →
Forex: AUD/USD retracing early gains
wrote 11 months ago: The Aussie dollar has retraced almost all previous gains as the greenback is gathering pace on Thurs … more →
Moody's cuts Spain to one notch above junk
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wrote 11 months ago: Moody’s Investors Service has joined Egan Jones and has downgraded “Spain’s govern … more →
