[at Reuters] – * Claims for jobless benefit fall * Chicago PMI beats forecasts * S&P gains 9 pct in September, almost 12 pct in quarter
Energy Stocks: Energy stocks punctuate a bullish quarter
September - 30 - 2010
[at MarketWatch] – Lower weekly jobless claims and higher crude oil stoke gains in energy stocks, capping what s been a strong third quarter for the sector.
European Market Update
September - 30 - 2010
Euro shrugged off peripheral debt concerns and continues its rally against the greenback at 1.3666 currently boosted by encouraging German data. The bad news over Anglo Irish costs, the majority stake of Irish govt in Allied Irish bank and the downgrade of Spain by Moodys had been largely priced in
European Market Update
September - 30 - 2010
Euro shrugged off peripheral debt concerns and continues its rally against the greenback at 1.3666 currently boosted by encouraging German data. The bad news over Anglo Irish costs, the majority stake of Irish govt in Allied Irish bank and the downgrade of Spain by Moodys had been largely priced in
Euro Area: Irish Debt to Peak Above 120% of GDP
September - 30 - 2010
Ireland’s central bank has put a EUR29.3bn (18% of GDP) price on bailing out Anglo Irish Bank in a base-case scenario, and EUR34bn (21% of GDP) under a worst-case scenario. These are huge numbers, but pretty much in line with expectations. S&P had estimated that losses could reach EUR35bn. But
Euro Area: Irish Debt to Peak Above 120% of GDP
September - 30 - 2010
Ireland’s central bank has put a EUR29.3bn (18% of GDP) price on bailing out Anglo Irish Bank in a base-case scenario, and EUR34bn (21% of GDP) under a worst-case scenario. These are huge numbers, but pretty much in line with expectations. S&P had estimated that losses could reach EUR35bn. But
EUR/CHF Elliott Wave Analysis
September - 30 - 2010
Euro’s rebound after early fall to 1.2765 suggests a temporary low (wave (5) has possibly formed there and consolidation with mild upside bias would be seen, however, a daily close above 1.3390-3400 is needed to confirm and bring retracement of early downtrend in wave (iv) for gain to 1.3500
EUR/CHF Elliott Wave Analysis
September - 30 - 2010
Euro’s rebound after early fall to 1.2765 suggests a temporary low (wave (5) has possibly formed there and consolidation with mild upside bias would be seen, however, a daily close above 1.3390-3400 is needed to confirm and bring retracement of early downtrend in wave (iv) for gain to 1.3500