The Mole says he mainly trades currencies but, as the markets are so closely related, he keeps a close eye on stocks and Oil too.
US stocks trimmed their triple digit losses in the final hour of trading Thursday led by Apple
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US stocks trimmed their triple digit losses in the final hour of trading Thursday led by Apple
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It doesn’t take much to spook investors on the first day back in school. After a stonking ISM number that 2 months ago would have been worth a triple digit gain, we end up the day off 2%
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A limp trading day yesterday ended with US equities unchanged. Despite more green shootery
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Stateside Bernanke gets an encore, the Case-Shiller shows house prices were up MoM, consumer confidence soared 6.7 points through the 50 level and yet stocks
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Equities tried to kick on from Friday’s post housing/Bernanke rally. However, whilst stocks rose in Europe, the early rally in the US
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C’est la Vie! The surge in existing home sales to the highest level since August 2007 and the steady gain in single-family starts show a clear upturn in activity driven partly
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A real pick and mix day US data wise yesterday with initial jobless claims unexpectedly rising again, the Philadelphia Fed
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The market seems to be treating the slump in Chinese equities as a healthy correction which is almost officially sanctioned, rather than symptomatic of something more sinister
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Yesterday’s retail earnings (Home Depot, Target etc) all beat expectations, helping the Dow Jones claw back almost half Monday’s losses in very weak volume
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What a shocker! No, not the last test match, but my July call on stockmarkets.The past month has seen enough green shoots to give Alan Titchmarsh wet dreams.
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