Posts Tagged ‘europe’
Weak Dow opening on mixed global markets?
Last week limped along as per our expectations but seems to have surprised quite a lot of traders. Once again, we hover dangerously around the 10.000 mark with weak reports coming in somewhat under projected results. On Monday Asia continued backtracking while European markets a couple of hours into trading are treading water around the [...]
Gold rush points to further economic weakness?
The Dow closed 1.5% down on Friday following a turbulent week with varying signals on the direction and effects of the Eurozone crisis packages. The week ended with more or less everything down apart from Gold that strengthened. The fact that Greece is not the only country in serious trouble started to sift through the [...]
World Economy – Ready for the Big Bang?
Asia and Europe continue to loose ground as the Euro zone economic troubles spread. Even Scandinavia is starting to unroll the red flags as Swedish finance minister Anders Borg declared that the effects of the Greek scandal are now being felt. On top of this, the speed at which the European community and IMF are [...]
