Market Update

Today its green figures all over the board, with the European markets being very bullish on speculation that Spain may seek aid, which also led the Euro to new highs. The US markets continued its bull run, fueled by the very positive US industrial production numbers and good news on the corporate earnings front.

Citigroup’s board decision to replace the CEO Vikram Pandit with Michael Corbat has dominated the headlines.

Most commodities and precious metals rebounded on the their big losses of the previous two days, but most equity markets still outperformed them.

Tomorrow might be an interesting day, since the markets are in need for some profit taking but can also continue the bull-run based on more good earning news.

Tonight we can concentrate on the second US Presidential Debate, which hopefully will be more exciting than the first one, until than you can take a look at some of the following links:

Geef een antwoord

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *