Suddenly the financial markets are saying a Greek exit from the euro is a big deal
After weeks of complacency—a deal will be negotiated!—the market is suddenly alive to the possibility that it won’t. The Greek government continues to refuse to surrender on what it calls its “red line” issues
Saturday Night Quarterback says, For the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...European Central Bank buys a few more days for Greek deal
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Japanese economy grew by 2.4% in first quarter
Japan’s economy grew at a 2.4% rate in the first quarter of 2015, the Japanese government reported today. That’s a very welcome continuation of the recovery from the recession that hit the country in the middle of 2014.
It’s dollar on today so the euro and oil are down but European stocks are up
Today the trade is “dollar on” after encouraging economic news from the U.S. housing sector and a drop in the euro after a very strangely timed speech by a member of the European Central Bank
Cash flight from Greek banks accelerates after Greek government promises never to touch Greeks’ bank accounts
The flight of cash from Greek banks may do what European politicians and the Greek government have been unwilling or unable to do: And that’s to say, Enough. It’s over.
Trick or Trend: Is there anyway to play the very clear current market trend?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Saturday Night Quarterback says, for the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Same old, same old: Dollar falls on negative U.S. economic news and takes European stocks with it
The week ended with the recent market pattern intact—and in command. Negative news on the U.S. economy pushed the dollar—and associated commodities such as oil lower. European markets retreated on fears that a stronger euro would reduce export growth.
Another week of crisis deadlines looms for Greece
I’ll excuse anyone who thinks this coming week won’t see the last act in the Greek debt crisis. But the country faces a daunting list of deadlines that could mark a final climax in the drama
Dollar bounces after 3-week decline, oil falls
The U.S. dollar is up today to end a decline that stretched back to April 14. In that period the Dollar Index (DXY) has dropped 4.2%