As expected-the G8 Summit was anticlimactic - and  produced nothing new.The eurozone had lots of issues last week: New French leader looks at growth, not austerity and Spain’s budget ...

The equity markets started the overnight session down 3% throughout the region. The continued ongoing Greek crisis along with the downgrade of Spanish banks all lead to the drop.The euro initially ...

Good Morning:A fairly quiet session-Especially in Europe due to the Ascension Day holiday.Spanish auction results helped raise 2.494 bln euros-but they had to pay up for the funds.April 2016 ...

Cable lost some steam after BOE’s King made comments that the UK recovery will be “slow and uncertain.”  With the UK financial sector exposed to the eurozone and their current ...

Germany had some positive news today-when German Q1 took the markets by surprise and rose .5% versus the .1% that was expected.It seems that better-than-expected exports along with ...

Good Morning:I see that the trend has stayed one sided since I was last in the USA- over 2 weeks ago.I have been across North America, Saudi Arabia,Qatar,Jordan with a quick stop in Egypt-to see our ...

Good Morning:The UK had some disappointing news this morning:UK Q1 GDP -.2%. Medium forecasts were for .1% So UK now in a  technical recession and cable collapses to  1.6090 from around ...

Good Morning:We awaken this morning to a quiet marketplace.Italy and Spain both had successful auctions-coming in at the top end of the range.Spain paid  more for it’s 3 month bill .634% ...

Risk-off as Germany’s April flash manufacturing PMI printed at 46.3 versus 49.0 that was forecasted.This was the largest contraction since July 2009.This report is somewhat of a shocker and not ...

Good Morning:Better than expected Spanish bond sales helped the euro.Spain sold 2 and 10 year bonds.  The 2 year yield will be 3.463% versus 3.495%.Spanish 10 year bonds yielded 5.743% versus ...