When it comes to stocks, America is the big loser this year. The S&P 500 (^GSPC) is up just 1.6 percent through Thursday’s close, making it the worst among major market indexes for 2015. In Asia, India’s BSE Sensex is up 5 percent, Japan’s Nikkei (CBOE:.NKXQ) has risen 14 percent and Hong Kong’s Hang Seng Read More
As European equity markets closed out last week with their biggest weekly fall of the year, an eventful first quarter is coming to a close. Keep in mind that while BofA Merrill Lynch notes that U.S. equity funds suffered $ 44 billion in outflows so far this year compared to last year-making it the worst Read More
The European Central Bank couldn’t have made making money in European stocks any easier. Germany’s Dax Index (^GDAXI) is at a record and the Stoxx Europe 600 (STXX) is up 16% this year, powered by what has been months of QE transparency heading into the $ 60B+ a month bond buying program which began this Read More
LONDON (Reuters) – The euro pulled out of its recent dive and the dollar eased off the accelerator pedal on Thursday, as markets took a breather after a week of breakneck moves in the world’s two biggest currencies. The pause by the dollar gave some respite to emerging markets as well as oil and commodities Read More
By Jonathan Gould MUNICH (Reuters) – German insurer Allianz (ALVG.DE) raised its dividend by less than expected after earnings in its core property and casualty insurance businesses lagged and asset management stalled following client defections at its U.S. unit Pimco. Shares in Europe’s largest insurer fell more than 3 percent on Thursday and were the Read More
LONDON (Reuters) – The euro started 2015 with another downward lurch, hitting a 4-1/2 year low against the dollar on clear indications that the European Central Bank will soon embark on outright money-printing. Yields on government bonds issued by the euro zone’s heavily indebted southern member states – which the bank would be expected to Read More
