Traders start out the week with the U.S. dollar broadly lower against the major currency pairs. The moves comes on the hope the U.S. policymakers can reach a deal before the fiscal cliff deadline which in turn pushed sentiment toward risk appetite assets and away from the safety of the U.S. dollar.
A portion of this post was published also in the public section Traders start out the week with the U.S. dollar broadly lower against the major currency pairs. The moves comes on the hope the U.S. policymakers can reach a deal before the fiscal cliff deadline which in turn pushed sentiment toward risk appetite assets and away from the safety of the U.S. dollar.
Welcome to today’s Morning Coffee Break – U.S. markets are coming off a beaten up week with last week Friday the only trading session to see all 3 index in the green. The Dow Jones Industrial Average loss more than 1,000 points last week with 5 out 6 days to the downside.
Welcome to Monday’s Morning Coffee Break – U.S. futures are suggesting a positive open this morning after Friday’s sharpest one day drop in nearly four months. Market participants will be starting the week off with no economic data releases putting the focus on earnings and U.S. politics. Headlines in the Euro Zone will have a stronger impact on U.S. markets as well.
Welcome to Friday’s Morning Coffee Break – U.S. equity futures are suggesting lower open on final session of the week, weak Google (GOOG, quote) results dampened investor expectations for the remaining earnings season, especially those names in the tech sector.
Welcome to Tuesday’s Morning Coffee Break – U.S. futures are hanging in this morning as the market participants prepare for a slew of earnings results from the likes of Coca Cola (KO, quote), Mattel (MAT, quote) and Intel (INTC, quote) as well as a busy economic calendar today.
Welcome to Monday’s Morning Coffee Break – U.S. markets this week start off behind the eight ball as markets come off their largest weekly losses in 4 months. Market participants find themselves about to embark into the fast lane of earnings season with the S&P 500 at a low point not seen since last month on the September 4. The tech heavy NASDAQ is worse off sitting on a low
Welcome to Thursday’s Morning Coffee Break – As we count down the final two sessions of the week U.S. indexes are on pace for the largest weekly drop since week ending on June 1st. Will bulls be able to muster the first daily gain this week for S&P 500 and NASDAQ?
Welcome to Wednesday’s Morning Coffee Break – U.S. market participants sold Tuesday’s session making it the largest one day drop since August 23 it’s also the last time the Dow Jones index has seen a 1% drop in 6 years. The NASDAQ has not seen this large of loss since June 25.
Welcome to Tuesday’s Morning Coffee Break – Happy anniversary Mr. Market! Today 5 years ago marks the closing highs for both the Dow Jones and S&P 500 indexes. It also marks the start of the downward move during the subsequent financial crisis.
