Some smart investors in Tokyo again injected a small dose of sanity into the absurd euphoria across all markets all over the globe. Record Low Yields 10-year German bund yield touched 0.42%, a record low. Japan’s 10-year yield fell to 0.155%, a record low. In the U. S., 10-year Treasury yield has fallen to
Stocks weaken, dollar gains amid Fed hike talk Stocks around the world sold off on Thursday, while the U.S. dollar gained, pressuring oil and other commodities, as investors absorbed the possibility that the U.S. Federal Reserve will raise interest rates in the near term. Oil prices sharply pared losses as supply worries offset the drag
Shares climb as firmer Chinese yuan eases deflation fears We have a shortened week this week due to President’s Day but it will be a busy week. We have Option Expiration this week which always makes things volatile. Economic reports will be light this week for the United States except for Wednesday. Wednesday has
Overnight Shanghai plunged another 5.9%. Now the Shanghai has plunged 32% since mid-June. On the other hand, Greece promised to implement pension and tax reforms as early as next week as the first step to securing a three-year rescue loan to cover debt obligations, according to a letter requesting the funding from European partners on Wednesday.
Here are the update from today: Greece will not pay IMF on Tuesday: Govt official All 10 S&P sectors in the red; deepen losses in afternoon CBOE Volatility index .VIX spikes. Went short volatility Jan 2016. Euro STOXX 50 index – biggest one-day fall since 2011. Tens of thousands rally against bailout ahead of referendum