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Markets Update, 29 May

      Italian bank worries linger on Subdued holiday Markets onMonday Pound recovers some ground after polls´ hammering of Conservatives.   With markets in the U.K., U.S. and China all closed for public holidays, volumes were depressed across the board and most moves were muted. The pound posted the biggest gain among G-10 currencies,… Continue reading Markets Update, 29 May

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Markets Update, 24 April

      European stocks surge on  French elections 1st round outcome. Euro peaked to 5 months high S&P Futures up 1,2%   Relief where felt across markets as investors where full throttle on risk assets, from stocks to bonds and currencies on bets that the centrist ex banker ex economy minister will become France´s next president. Haven… Continue reading Markets Update, 24 April

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Markets Update, 18 April

    UK Pound recovers after May Announces General Election Markets Gain Volatility on U.K. Surprise, French Elections Chinese Stocks losses add more uncertainty    Global markets are feeling the pinch of volatility fueled by the uncertainty of the political and geopolitical scenarios that are undermining investors confidence. The UK prime minister May has recalled… Continue reading Markets Update, 18 April

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Daily from Wall Street, 10 April

          Today’s Markets In Asia, Japan +0.7%. Hong Kong flat. China -0.5%. India -0.2%. In Europe, at midday, London -0.2%. Paris -0.7%. Frankfurt -0.3%. Futures at 6:20, Dow +0.1%. S&P flat. Nasdaq +0.1%. Crude +0.7% to $52.63. Gold -0.2% to $1255.00. Ten-year Treasury Yield Flat at 2.37%   Economy/Politics Crude oil… Continue reading Daily from Wall Street, 10 April

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Shrinking the Fed’s balance sheet

            To help stabilize the financial system and promote economic recovery, starting in late 2008 the Federal Reserve purchased large quantities of financial assets, primarily Treasury securities and U.S. government-backed, mortgage-related securities. The policy of so-called quantitative easing (see here and here) expanded the Fed’s balance sheet from less than… Continue reading Shrinking the Fed’s balance sheet

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Markets News, Feb 22

  Spain Exports Hit Record as Crisis Pushes Firms Abroad Spanish exports hit a new high in 2016 as companies continued their international expansion triggered by an unprecedented economic crisis at home. Total exports jumped to a record 255 billion euros ($269 billion), marking the seventh year of expansion and narrowing the nation’s trade deficit… Continue reading Markets News, Feb 22

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Daily from Wall Street,Feb 22

      Dollar Higher Against Euro, Lower Vs Yen, FOMC Minutes Next Wall Street slips at the open as energy stocks drag US stocks were poised for a lower start and dipped at the open due to losses in the energy sector just after a day  where stocks climbed to fresh record highs. Investors… Continue reading Daily from Wall Street,Feb 22

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Juego Amañado

  Retrato de la Cleptocracia ( vision y explicación de la realidad a día de hoy …) A pesar de lo que se pueda leer en los medios de comunicación en España  estos días, no es todo pesimismo. Por lo menos para un segmento de la población, aunque bastante pequeño, la vida nunca ha sido mejor.… Continue reading Juego Amañado

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Markets Update , Feb 20

  Asian Shares flat on US Holiday European Stocks Gain  Unilever on Focus slumps after Kraft Withdrawal Pound stronger before Brexit debate France : Election Wide Open Bond Traders Betting on Euro-Breakup   The day is being held up by the aftermath of the Kraft takeover intent of Unilever and the withdrawal soon after the… Continue reading Markets Update , Feb 20

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Trump es una amenaza para todos: Ahora para la deuda soberana dice Fitch

    Apenas unos días después que el presidente del BCE, Mario Draghi -y otros lideres Europeos- sugirieran que la desregulación propuesta de Trump ” ha sembrado las semillas de la próxima crisis financiera”, cuando le dijo al Parlamento Europeo que “la última cosa que necesitamos en este momento es desregulación”, la idea de repetir las condiciones… Continue reading Trump es una amenaza para todos: Ahora para la deuda soberana dice Fitch