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Tag Archives | S&P500

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Morning Stocks: Reversal of Fortune Puts the Bear Camp Back in Control

Global equity markets were mixed overnight in the wake of a Chinese currency devaluation. Surprisingly the biggest losers were European market measures with Asian equities clearly under moderate pressure. Not surprisingly Chinese shares were higher along with Russian shares following the 2% devaluation of the Chinese currency. US stocks were moderately weaker with the Chinese […]

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Chart-595

Stocks: Marginally higher ahead ECB meeting, with focus on Greek debt situation and US data flow.

Global equity markets traded in a mixed fashion overnight, with a level of weakness in Asia and modest early morning gains in Europe and the US. The Japanese Nikkei edged marginally lower off a bounce in the Yen, as well as profit-taking after recent gains. China’s Shanghai Composite finished fractionally lower despite improvement in the […]

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