27/07/2014

All things considered.

Now about half of the SP500 companies has shown the results for Q2 and at the end of the week we got Amazon dropping 10 per cent and building companies falling on surprisingly bad new home sales compared to last year. During Saturday the Russian is accused of having shot with artillery into Ukraine and mobilised lots of troops and weapons to the border of the Russian speaking areas in Ukraine. The west does not seem to have anticipated that and the first news are a bit scary.

The bonds upside trends are loosing momentum and the EURO is close to a break below important 1.34. All these negative fundamentals could affect the markets from Monday opening.

No comments:

Post a Comment