An interesting session - FTSE +1.9%, DAX +1.7%, - due to lack of negative news, so oversold markets bounced. However, S&P -0.2% and the Dow flat as US failed to hold onto the bounce despite promising home sales figures.
5/23/2013 | Download File (1.25 MB) - right click to download
We should recover slightly from yesterday's -2% tumble, Nikkei -7% due to an unofficial purchasing managers index from China. FTSE and DAX fell more than 2% but the US shrugged it off: Dow -0.1%, S&P -0.3%
5/22/2013 | Download File (1.42 MB) - right click to download
We'll be down; down in US, up in EU - FTSE +0.5%, DAX +0.7%, Dow -0.5%, S&P -0.8% - FOMC minutes highlighted that the recovery may be slowing and Bernanke saying they are open to changing the QE rate, EU markets didn't see the late fall in US.
5/21/2013 | Download File (0.95 MB) - right click to download
We may start down despite US rise (FTSE +0.7%, DAX +0.2%, Dow +0.3%, S&P +0.2%) due to St Louis Fed's chief James Bullard supporting quantitative easing.
5/19/2013 | Download File (1.53 MB) - right click to download
US consumer cofidence index highest since July 2007 - pre-GFC - Dow +0.8, S&P +1%, FTSE +0.5%, DAX +0.3%
5/16/2013 | Download File (1.13 MB) - right click to download
We'll start flat. Europe did nothing but US fell: Dow -0.3%, S&P -0.5% as jobless claims rose and housing starts fell 16%.
