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The Week Ahead

WHAT TO LOOK FOR IN THE WEEK AHEAD
Week of July 25, 2010

Updated July 23, 2010 at 4ET

Stress test results are in--Yawn

The long-awaited results of the Eurozone banking sector stress tests were delivered on Friday and markets greeted them with a collective yawn. Earlier leaks led markets to conclude the adverse scenarios would not be especially stringent, causing most to discount the results. To  [...] Continue Reading


Week of July 18, 2010

Updated July 16, 2010 at 4ET

Risk rally stalls, more downside likely

Risk assets (stocks, commodities, JPY-crosses) started out the past week on solid gains, but ultimately failed to overcome key resistance levels. In stocks, the fact that 20 out of 23 US earnings reports beat expectations and shares could not advance should be  [...] Continue Reading


Week of July 11, 2010

Updated July 09, 2010 at 5ET

Risk markets rebound, but sentiment lacking conviction

After dropping to recent lows at the end June, risk assets have regained most of that lost ground, but there are some noteworthy differentiations that suggest caution and a lack of conviction continue to dominate. In terms of recoveries, the S&P  [...] Continue Reading


Week of July 4, 2010

Updated July 02, 2010 at 3ET

EUR bounces and the USD sags

The Euro came storming back in a massive wave of short covering on the first trading day of July and a day before US employment data was released. The ostensible basis for the rebound was the successful 3 month ECB refinancing operation  [...] Continue Reading


Week of June 27, 2010

Updated June 25, 2010 at 5ET

Dark clouds gathering on the horizon

US housing data in the past week revealed the extent of the artificial and temporary support provided to the US housing market by the home buyer tax credits. The data had been expected to show decent gains on a final flurry of  [...] Continue Reading


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Disclaimer: The information and opinions in this report are for general information use only and are not intended as an offer or solicitation with respect to the purchase or sale of any currency. All opinions and information contained in this report are subject to change without notice. This report has been prepared without regard to the specific investment objectives, financial situation and needs of any particular recipient. While the information contained herein was obtained from sources believed to be reliable, author does not guarantee its accuracy or completeness, nor does author assume any liability for any direct, indirect or consequential loss that may result from the reliance by any person upon any such information or opinions.

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