A day that made nobody any wiser. In Europe Mario Draghi was talking about deflation risk and in the US Ben Bernanke was talking about short-term inflation risk. The FOMC meeting just confirmed their September easing actions, but nothing else was to be expected this close to the election in 2 weeks. At the end[…]

Markets had a huge sell off today due to more disappointing earnings data and worries of a slowing global economy. Markets all over the board closed with major losses and two exceptions again were the US Dollar and the VIX index. There is concern that QE3 didn’t do anything to boost the US economy and[…]

The markets were very mixed today with the European Markets closing negative and the US markets making a last minute rebound and closing positive in the end. There was a lot of pressure today due to weak earnings performance from the US, but at the end Apple saved the day. Commodities were negative throughout the[…]

An absolute killer day on the markets and some investors might have thought to celebrate the 25th anniversary of Black Monday with a nice sell off 🙂 Jokes aside, the US markets had a major down correction, which was based on multiple missed earnings and failed aid for Spain at the EU summit. This market[…]

Interesting day and as expected the markets closed in the red towards the end. The European markets are still somewhat in a positive mindset that something magical will happen at the EU summit and therefor the markets were up, but Europe will get a reality check fairly soon. The big story today was Google and[…]

Still a green day, but the bull run slowed down dramatically in the equity markets. Gold and Oil closed unchanged, but the white precious metals made a big jump with Palladium (+2.03%) leading the pack. Also the base metals had a good gain with Lead (+1.64%) and Nickel (+1.59%) leading the group. On other big news,[…]

Today its green figures all over the board, with the European markets being very bullish on speculation that Spain may seek aid, which also led the Euro to new highs. The US markets continued its bull run, fueled by the very positive US industrial production numbers and good news on the corporate earnings front. Citigroup’s[…]

Interesting markets today and last Friday. Friday the markets were having a big sell off on all sides. Today the equity markets recovered on some hopeful news, but a lot of commodities and precious metals were taking a nosedive and continued there sell off from last Friday. It is somehow interesting that the equity markets[…]