BREXIT .. or EXIT ..?!

  The pound has already dropped more than 2 percent versus each of its Group-of-10 peers in 2016 as an uneven economic recovery and waning prospects of an interest-rate increase add to concern the nation will quit the world’s largest single market. The slide has accelerated since Prime Minister David Cameron announced the date of the … More BREXIT .. or EXIT ..?!


  HSBC Holdings  posted an unexpected fourth-quarter loss, its first since at least 2009, as revenue dropped and loans to oil and gas companies drove a jump in impairment charges. The shares fell as much as 5.4 percent as Europe’s largest bank reported a pretax loss of $858 million. Excluding one-time items such as a $773 … More HSBC HOLDING . .


  Current rate – 1.10617    (%change)  – (-0.59%) Day range – 1.1055  /  1.1135 As we seen on the chart above EUR/USD  is sliding slightly down from 78.40% fib level to 50.00% fib level with barely break in the recent level which is the 50% fib as we said, meanwhile there we can located … More EUR/USD ; DAILY CHART

Dollar strength vs Euro inflation signs . .

    The dollar edged higher against the euro Friday after U.S. core consumer prices recorded the largest monthly gain since August 2011.U.S. core prices, a measure of inflation that excludes food and energy, jumped 0.3%, driven by rising medical care and housing costs.    EUR/USD ; DAILY CHART  The shared currency has steadily declined … More Dollar strength vs Euro inflation signs . .

Friday session brief . .

QUICK OUTLOOK ON THE US MARKET’S, BEFORE THE FRIDAY BELL..   US Economy  The combination of a strong dollar and cheaper oil has suppressed inflation across much of the economy. Gasoline prices at the pump have dropped 24 percent over the past year to a national average of $1.72 a gallon. At the same time, … More Friday session brief . .

European market brief . .

    European stocks gained, U.S. index futures rebounded and oil rose as investors looked past concerns over global growth that sent shares and currencies lower in Asia. Equity markets in Europe advanced for a second day this week as companies including Credit Agricole SA and Schneider Electric SE reported better-than-estimated results. Treasuries and the yen pared … More European market brief . .

Oil talks.., money walks.

Shares in Europe were little changed after Qatar Energy Minister Mohammad bin Saleh al-Sada said the ministers agreed to freeze production. Chinese shares rallied the most in three months as data showed new credit surged to a record in January. Standard & Poor’s 500 Index futures climbed 1.6 percent, while U.S. Treasuries led declines in government … More Oil talks.., money walks.