US Session: Equities turn positive on better-than-expected earnings and housing starts data.
July 17th, 2009 • Related • Filed Under
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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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Comment by Shalom P. Hamou on 18 July 2009:
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.