Global Markets: Two-Minute Review Drill of Last Week

(Before It's News)

Global Markets Weekly 2 Minute Drill: Daily Recap and Market Movers: Calming Despite Data

by Cliff Wachtel, FX Empire

Most Global Stock Indexes, Risk Assets & Currencies, Bounce, Stabilize, On Optimism, Despite Poor China, US Data, ECB Inaction

Here’s a partial summary of the conclusions from the fxempire.com weekly analysts‘ meeting in which we share thoughts about what’s driving major global asset markets. The focus is on global stock indexes as these are the best barometer of overall risk appetite and what drives it, and thus of what’s moving forex, commodities, bond markets, etc.

Read more »

• The Keynsian Multiplier – Does it Exist?
• Reserve Bank of Australia Changes Policy
• Gasoline Prices Rise Less Than two Cent A Gallon
• The Bones of Civilization
• Corruption is Widespread Across Europe
• Infographic of the Day: Olympics – Warmest and Coolest Years on Record
• Obama Seeks to Legitimize Drone Strike Against U.S. Citizen
• Bank of Canada Worries About Disinflation
• General Equilibrium Effects Caused by California's Drought?
• Hypo bank in Austria needs to be liquidated/Foreign exchange probe extends to options/Barclay’s busted for stealing customer financial data/GLD…