Hickey and Walters (Bespoke) submit: The US Dollar Index has rallied 4% from its August 5th low, but for the last week the currency has been trying (with little success) to break above its 50-day moving average (DMA). Given that the S&P 500 is down 7% since the dollar made its August low, any break [...]
Andrew Wilkinson submits: The end of August is here and that may well mean that the battle lines are redrawn tomorrow. But for now it means that the Japanese yen remains higher against all 16 of its major trading partners and the dollar’s rebound continues as investors continue to fret over the health of the [...]
Andrew Wilkinson submits: Demand for Japanese bonds has driven a fifth consecutive monthly gain, while U.S. notes have performed the best since the end of 2008 when the economy went belly up. German yields are gouging out fresh lows almost daily as the summer starts to end. Yields have fallen so far that investors should [...]
Denis Gould submits: On the 19th of June this year the Peoples’ Bank of China created great excitement in the markets by announcing it would “proceed further with reform of the RMB exchange rate regime and increase the RMB exchange rate flexibility.” It mentioned that rather than focus on maintaining a rate against the US [...]
optionMONSTER submits: By Bryan McCormick US stock index futures are lower this morning after Asian markets fell markets sharply. European shares followed that trend lower, which helped pull US futures into negative territory. At current levels, the indexes have fallen to well-established support levels at the lows of the recent trading range. Those are 1760 [...]
Felix Salmon submits: Sam Mamudi has found a new way to slice mutual-fund data, and the results are very interesting: the flows aren’t just from domestic funds to international funds, as we can see from the monthly ICI data, but also from actively-managed mutual funds to index funds. Since the end of 2005, actively run [...]
Tom Lydon submits: It’s merger madness in the markets right now. And wouldn’t you know it? There’s an exchange traded fund to play it. Among the deals, would-be deals and not-deals-yet include: Complete Story »
ETF Database submits: After slumping to start the day, equity markets stayed in positive territory only to fall back after the FOMC minutes were released in the final hour of trading. While stocks may have finished the day where they started, bonds and commodities experienced a more volatile day with yields on government debt once [...]
Hickey and Walters (Bespoke) submit: August wasn’t a very good month for risky asset classes. Of the 58 key ETFs highlighted below, fixed income, gold, silver, the yen, utilities, and Hong Kong were the only ones in the green during the month. The S&P 500 tracking SPY ETF declined 4.50% in August, the Midcap 400 [...]
Tim Iacono submits: After seeing charts like this appear elsewhere on the internet for some time now, it seemed like a good idea to grab the data from the Investment Company Institute myself and whip up a chart, the one below being similar to one that Moody’s recently published. click to enlarge Complete Story »
