US Session: Equities turn positive on better-than-expected earnings and housing starts data.





G10 Advancers and Decliners vs USD
JPY -0.19
EUR -0.24
CHF -0.48
GBP -0.55
The dollar appreciated in the early session against most majors following a brief return to risk aversion in financial markets. The EurUsd fell just 8pips to 1.41 and the UsdJpy rose 44pips to 94.2. The GbpUsd dropped 98pips to 1.63. Equity markets are slightly up in the U.S. in Europe with the Dow lower up by 35pts or .4% and the FTSE 100 up 26.91 or .62%. The yield curve saw some appreciation…

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  1. Read the Tract: “Plea for a New World Economic Order.”, which explains the nature and causes of economic depressions and proposes a plausible alternative solution.

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