A commentary on global markets, economics and finance
Monday, September 10, 2012
Today's Major Market Move: Cypriot Stock Market Gains 17% in a Single Day
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Being the hardest hit economy in the EU and having seen the biggest decline in benchmark equity index in recent times, Cyprus comes up quite...
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Saturday, September 8, 2012
Today's Major Market Move: Belizean Dollar Weakens 4.2% Against US Dollar for the Week
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The Belizean Dollar, which is officially pegged to the US Dollar at 2:1 , had in fact been gradually strengthening over the course of 2012. ...
Sunday, September 2, 2012
Today's Major Market Move: Hungarian Forint Strengthens 7% Against US Dollar Year to Date
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It's been a volatile year for the Hungarian Forint as well as for the currencies of many of the "fringe" EU countries ( look h...
Friday, August 31, 2012
Today's Major Market Move: Cocoa Futures Gain Close to 9% for the Week
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It's been an up week for most commodities with 22 out of the 27 front month commodity futures that we track in positive territory. The t...
Wednesday, August 29, 2012
Today's Major Market Move: Cypriot Stocks Down 21% Month to Date
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While the rest of Europe appears to be stabilizing (at least as far as the stock markets are concerned), Cyprus remains the odd man out...
Monday, August 27, 2012
Today's Major Market Move: OJ Furtures Decline 3.5% in Today's Session
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It was rough day in the commodities complex today (at least for the longs) with 22 out of 29 front month commodity futures contracts in nega...
Saturday, August 25, 2012
Today's Major Market Move: Egyptian Stock Market Up 44% for the Year
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The Egyptian stock market continues to digest the prospects for growth in Mubarak-less future, the sentiment over the last two months has be...
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