Typical Thanksgiving Day Holiday

In terms of volumes and liquidity left us trading very tight ranges yesterday and with tradition dictating an early close today in the US equity markets and with a lot of the rest of the workforce extending the holiday into the weekend, we are destined for another quiet one. There is also very little data [...]

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November 28, 2008  Tags: , , , ,   Posted in: Uncategorized  No Comments

Iran worries continue to push up Oil Prices

Oil hit 6 month highs yesterday as the developing news story of the week, the capture of 15 British Sailors by Iran, continues to threaten supply. The price of Light Sweet Crude rose to $66 per barrel and Brent Crude to $67 per barrel. Iran is the world’s 4th largest exporter of oil and although [...]

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March 30, 2007  Tags: , ,   Posted in: Uncategorized  No Comments

Loan calculators consider UK growth

Interest rates in the UK strengthened on expectations that an inflation report released today will show consumer price in the U.K. held near the highest in 10 years last month. The U.K. currency cancelled out a three-day losing run against the euro following strong data released in the UK yesterday morning, most notable of all [...]

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February 13, 2007  Tags: , , ,   Posted in: Uncategorized  No Comments