Tag Archives: greece

Morning Update  -  17/02/10

Markets are looking to a strong open on the back of positive comments from Greece’s finance minister, strong earnings from financials in Europe and a jump in US housing starts.

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Weekly Commentary – Some Stability  -  16/02/10

Markets have been showing some strong signs of improvement over the past week or so. Earnings continue to come in rather healthy and maybe, just maybe the financial markets are becoming desensitized to the problems in Greece.

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Morning Update  -  16/02/10

Morning update is a little early today due to another meeting. Things were up nicely earlier but lately futures have been losing ground. Strong bank results from Europe have helped.

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Morning Update  -  12/02/10

China and poor Eurozone economic growth are the bad news sources today. Helping a little is stronger than expected retail sales in the US but we are still looking at a lower open.

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Morning Update  -  11/02/10

Today is a good news day. Positive developments out of Europe regarding Greece. Positive economic data on employment. And again lots more upgrades than downgrades.

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Morning Update  -  09/02/10

Markets look to be opening strong on the back of speculation of a European deal to help Greece. Everything is higher, except the US dollar.

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Morning Update  -  08/02/10

Markets are rather calm this morning, but I’m sure that won’t last long with lots of earnings data. Earnings season is over half done in the US and just getting started in Canada. Plus it is Monday, and markets have tended to move higher on Mondays during the past few months.

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Market Selloff Buying Opportunity?  -  04/02/10

Yikes, bad markets today. But with this kind of ratio of down to up volume (almost 20 to 1 for the NYSE), we could expect a bounce in the coming days.

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Morning Update  -  04/02/10

Market concerns over deficits have become all the rage in Europe and more Americans filed initial jobless claims last week than expected. Big economic data tomorrow, but today looks like a down open.

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Morning Update  -  03/02/10

Markets are slipping a little this morning on some weak earnings and commodity prices that were higher are now moving lower as well. UBS upgraded a swath of material stocks yesterday including Inmet, Lundin and Eldorado.

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