Intraday Market Thoughts
Archived IMT (2009.07.17)
by
Jul 17, 2009 10:11
European bourses once again attempt in replicating Wall Streets Thursday rally after the Nikkei-225 delivered a more reserved 0.5% gain. The late Wall St rally was attributed to remarks by NYU Prof. Roubini saying the worst in the US economy was over only for Roubini to issue a statement indicating he was taken out of context and he still didnt see growth before end of 2009. The hotel bombings in Jakarta have prompted USD off its lows, further dragging EUR and GBP from their highs after the failure of $1.42 and $1.65 respectively. CIT continues to weigh on the markets. USDJPY resistance at 94.40 still stands. Earnings from Ciitigroup, BoA and GE all due today.
Latest IMTs
-
Deflationary Bitcoin صلابة بيتكوين
by Ashraf Laidi | Apr 24, 2024 11:20
-
Of Gold Extensions مقياس إمتدادات الذهب
by Ashraf Laidi | Apr 15, 2024 16:38
-
Bitcoin performance & Miners Prehalving
by Ashraf Laidi | Apr 9, 2024 17:07
-
English Translation to Arabic Interview
by Ashraf Laidi | Apr 7, 2024 21:01
-
فشل الفدرالي في إقناع الأسواق
by Ashraf Laidi | Apr 6, 2024 14:17