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Eerie Calm Ahead of the Weekend

From marctomarket.com

Perhaps the dramatic volatility seen earlier this week has sapped the market's energy, and an eerie calm appears to be taking hold ahead of the weekend. Despite the strong showing by US equities yesterday, the spillover into the Asia Pacific was limited. Equity markets were mixed, Japan, Australia, Taiwan, and India among the strongest advancers, while China, Hong Kong, and South Korea slipped. Europe's Dow Jones Stoxx 600 was posting small gains to pare this week's minor net loss. US futures are narrowly mixed. The US 10-year yield is hovering around 1.63%, little changed on the week, while European are mostly ... (full story)

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  • Category: Fundamental Analysis