Offshore Investment
- European markets rose across the board driven by sharp gains in the basic resources, insurance and technology sectors. The earnings season is accelerating in Europe. Technically, this week looks set to for a resumption of the rise with new highs for the year in sight.
- Monday, February 20 - 2006 at 13:35 |
- The earnings season is nearly over and with the next Fed's meeting on March 28 the risk is that the current flat consolidation continues until then. Investors are concerned new Chairman Ben Bernanke could be too aggressive in fighting inflation.
- Monday, February 13 - 2006 at 14:16 |
- US markets fell last week driven by mixed earnings reports, concern about higher inflation and therefore more rate hikes. Oil prices traded higher as tension with Venezuela and Iran mounted. The Dow Jones, S&P 500 and Nasdaq 100 broke below their 20D & 50D MAs which could entail further downside this week.
- Monday, February 06 - 2006 at 13:28 |
- US markets bounced last week driven by better than expected corporate earnings and anticipation of an end to the rate hike cycle by the Fed as the US economy slowed more than expected during the 4Q (1.1% growth vs 2.8% expected).
- Monday, January 30 - 2006 at 13:21 |
- US markets closed lower week on week as the earnings season had a weak start, oil prices passed the $68 mark and investors took their profit ahead of the FOMC meeting on January 31. General Electric and Intel were among the heavy weights that reported disappointing results.
- Monday, January 23 - 2006 at 15:55 |
- US markets rose moderately after a strong start for the year. December core PPI rose just 0.1%, easing concern about inflation risk. The nuclear situation in Iran pressured investors and oil prices traded on the upside.
- Monday, January 16 - 2006 at 13:58 |
- All indices broke above recent highs calling for a new up leg. On the Dow Jones, the next resistance levels stand at 11000 and 11200. On the Nasdaq 100 the next resistance are at 1750 and 1800.
- Monday, January 09 - 2006 at 16:47 |
- The major event last week was the inversion of the yield curve which often precedes a slow down of the economy. The busiest day for economic data will be Friday with December employment data. Technically, the US indices are set for a continuation of their short term consolidation.
- Monday, January 02 - 2006 at 14:10 |
Internaxx Disclaimer:
This content in this section was prepared by the research department of MeesPierson and Fortis Global Markets. This document does not constitute financial advice. If you require such advice, you should seek appropriate professional advice.
Internaxx accepts no responsibility for the content of in this section.
Web Feeds