Keep the Printers Working

Published by Filipe R. Costa on Fri, 15/06/2012 - 11:44
money printing

Market commentary for June 14: Investors are nervous and anxious, not being able to decide between going long and short. The equity market seems like a yo-yo and things will get worse over the weekend with a never ending Greek tragedy.

Get The Money Out Of Here

Published by Filipe R. Costa on Wed, 13/06/2012 - 12:04
greek deposit withdrawals

Market commentary for June 12: Investors continue to fight to find a direction to follow. When everything seems to be ok, there’s always something to destroy it. Yesterday Fitch was in the spotlight after downgrading 18 Spanish banks.

Can the Euro Save the Euro?

Published by Filipe R. Costa on Mon, 11/06/2012 - 13:19
euro 2012

Market commentary for June 8: The situation in the Euro zone is deteriorating and Spain had to ask for help last Saturday to save its banks. At the worst of the times for the currency, it is time to at least get some fun from the Euro 2012 championship that kicked off last Friday.

Not Even China Can Save Us

Published by Filipe R. Costa on Fri, 08/06/2012 - 11:39
spain and eu

Market commentary for June 7: Although the Chinese cut interest rates in a surprise move to save the world, investors were not convinced for long and markets closed erasing early gains.

The Queen Jubilee

Published by Filipe R. Costa on Wed, 06/06/2012 - 12:51
queen jubilee

Market commentary for June 5: The British are back to work after an extended week end to mark the Queen’s diamond jubilee. Liquidity is expected to return to normal levels now.

US Economy Is Not Strong Enough

Published by Filipe R. Costa on Mon, 04/06/2012 - 17:09
obama turn around

Market commentary for June 1: The boost that led equities higher since the end of 2011 has just ended. The Dow turned negative and is currently yielding -0.81% this year. The odds for a third round of intervention from the FED are increasing and spread betting traders should have that in mind.

Soft Data Overshadows Markets

Published by Filipe R. Costa on Fri, 01/06/2012 - 11:03
scary shadow

Market commentary for May 31: US main indices closed higher Wednesday after an intense fight during the session. Economic data has been weak lately and the situation in Europe is deteriorating very quickly. Safe heavens continue to look the best bet.

Investors Willing To Pay Germany To Keep Their Money Safe

Published by Filipe R. Costa on Thu, 31/05/2012 - 17:17

Market commentary for May 30: The risk aversion is so high that investors are currently buying two-year bonds from Germany at a zero yield. At this pace, they will pay to hold German debt, in the near future.

Facebook, A Disaster

Published by Filipe R. Costa on Wed, 30/05/2012 - 16:55
facebook ipo hype

Market commentary for May 29: Markets closed higher after investors returned from the US Memorial Day but volatility picked up again and was not without fight that the bulls won the battle.

Uninteresting European Market Session

Published by Filipe R. Costa on Tue, 29/05/2012 - 15:43
bored investor

Market commentary for May 28: US markets were closed yesterday causing liquidity to drop in Europe. The FTSE ended almost flat and the Dax slightly higher.