Mohit Jayachandran is breathing a sigh of relief. The 30-year-old engineer with Fluor Daniel, a multinational engineering and project management company in Gurgaon, near India’s capital New Delhi, says he will be having a decent end-of-year vacation this time, after a long year.
Welcome to Thursday’s Morning Coffee Break – U.S. markets struggled the first 3 sessions of the week as its on pace for the largest weekly move in 4 months. However, in today’s pre-market U.S. futures are pointing to bounce higher at the open as traders approached not only end of the week but the end of the 3rd quarter.
Welcome to Tuesday’s Morning Coffee Break – U.S. futures are holding their own going into the Wednesday’s session amidst Asian and European markets solidly in the red. Both the Asian and European regions are selling off on concerns from yesterday’s U.S. session and comments from non-voting FMOC member, Charles Plosser comments that QE3 will not provide the stimulus that the Federal Reserve is looking to obtain. Market participants will get
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