Tech stocks led Wall Street higher on merger talks in the semiconductor space. Treasury yields fell on disappointing growth data. The dollar pared losses, but traded lower against a basket of currencies and gold fell. Oil slumped as traders weighed the impact of an Iranian nuclear deal on supplies. I will extend the analysis on
Today we are experiencing selling pressure and the market internals are showing more relative weakness than expected after yesterday opening. This confirms that traders are taking profits from equities and entering into bonds. News: Stock futures weakened during the pre-market trading session, leading to a lower open for the broader market. Investors, who have been
The Market liked the FED news and continue with the trend higher braking all-time high. Furthermore, European markets are also climbing higher as shown in the chart below. This trend my continue for the next weeks. The EUR/USD was not able to break 1.38 and now id heading to 1.36 looking for some support. Today
This copy is for your personal, non-commercial use only. Reproductions and distribution of this news story are strictly prohibited. Manager assets rise to record $62.4 trillion Published: July 9, 2013 Worldwide money managers’ total assets under management reached a record $62.4 trillion in 2012, surpassing the $57.2 trillion set in 2007 before the 2008-2009 financial
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