Investing Abroad - Key Is Total Return
Marc Chandler - Seeking Alpha - Fri Feb 13, 6:00PM CST
The S&P 500 edged to a new intra-session high on lucky, Friday the 13th. However, it has lagged behind many of the other DM equity markets. When investing in own currency, total return is straight forward. It is the capital appreciation (or...
VT: 62.05 (+0.39), ACWI: 60.44 (+0.38), DGT: 70.87 (+0.53), ONEF: 35.99 (-0.22), FXY: 81.87 (+0.09), FXB: 151.21 (+0.01), FXC: 79.78 (+0.19), FXE: 112.16 (-0.15)
Sizing Up The Next Moves In The Market
Market Anthropology - Seeking Alpha - Fri Feb 13, 10:28AM CST
Like any major move, the crash in crude oil was propelled by more than just one condition. Speculative positioning, production, demand - they all played a supporting role. And although the circumstances that led to its precipitous decline can be...
USO: 19.62 (+0.44), SPY: 209.78 (+0.86), OIL: 12.01 (+0.34), SHY: 84.64 (unch), FXE: 112.16 (-0.15), UDN: 22.76 (+0.03), SST: 30.16 (-0.01), TLT: 128.19 (-1.33), UUP: 24.91 (-0.01)
European Real Money Investors Holding On To Euro Area Bonds
ValueWalk - Seeking Alpha - Fri Feb 13, 9:54AM CST
By Michael Ide Single currency European investors haven't pulled out of euro area bonds, but they have reduced their exposure to the EU periphery As the standoff between Greece and its creditors continues, real money European investors have...
ADRU: 23.27 (+0.13), VGK: 54.96 (+0.18), FEZ: 38.50 (+0.17), DBEU: 28.01 (+0.11), FEEU: 111.93 (+1.22), EURL: 33.01 (+0.29), FIEU: 115.69 (+1.37), EZU: 38.29 (+0.09), FEP: 31.22 (+0.12), FEUZ: 32.37 (+0.11), EU: 20.54 (-0.08), IEUR: 45.70 (+0.01), UPV: 47.14 (+0.37), FEU: 35.83 (+0.27), HEDJ: 61.99 (+0.12), EPV: 56.50 (-0.44), SBEU: 25.60 (+0.47), IEV: 44.50 (+0.15), DBEZ: 27.78 (+0.08), ESTX: 46.67 (+1.43), FXE: 112.16 (-0.15), HEZU: 27.28 (+0.10)
Italy Set To Outperform Spain
Marc Chandler - Seeking Alpha - Fri Feb 13, 8:44AM CST
We have consistently argued that many market participants are repeating the mistakes of 2010-2011 when they thought Greece would leave the monetary union either on its own accord or as a result of it being pushed out. Again now, the political...
EWI: 14.44 (+0.05), EWP: 34.41 (+0.42), FXE: 112.16 (-0.15)
News Stream Spurs Profit-Taking By Dollar Bulls
Marc Chandler - Seeking Alpha - Fri Feb 13, 6:54AM CST
What a difference a week makes. Last week's US employment data had put the dollar bulls back into control. Developments over the last 24-48 hours have seen the reins slip from their hands. Three developments in particular have spurred the bout of...
FXA: 77.69 (+0.23), FXB: 151.21 (+0.01), FXE: 112.16 (-0.15), UUP: 24.91 (-0.01)
What The German Economy Is Saying About The Euro
Andrew Sachais - at Seeking Alpha - Fri Feb 13, 3:38AM CST
FXE: 112.16 (-0.15)
Brussels And Minsk: Tales Of Two Cities
Enzio von Pfeil - at Seeking Alpha - Fri Feb 13, 2:14AM CST
Brussels: plus ca la meme chose. Current negotiations between Greece and the Troika are just a game of chicken: who will clear the road first? We think: the Greeks. Fin. Min. Varoufakis is a smart guy, having taught game theory at over three...
XAR: 114.56 (+0.79), FEZ: 38.50 (+0.17), ITA: 121.07 (+0.83), PPA: 36.56 (+0.32), FXE: 112.16 (-0.15), ERO: 43.16 (unch), FEU: 35.83 (+0.27)
Federal Reserve Exit Strategy: Number 10
John M. Mason - at Seeking Alpha - Fri Feb 13, 12:24AM CST
SPY: 209.78 (+0.86), QQQ: 106.91 (+0.91), DIA: 180.34 (+0.50), IWM: 121.53 (+0.72), FXE: 112.16 (-0.15), UUP: 24.91 (-0.01)
How The Euro Will Perform In The Short- And Long-Term
Timothy Woods - at Seeking Alpha - Thu Feb 12, 12:47PM CST
FXE: 112.16 (-0.15)
Still Fishing For The Bottom
Marc Chandler - Seeking Alpha - Thu Feb 12, 8:45AM CST
All that is solid is melting into the air, or that's how it feels since several central banks in Europe have adopted negative policy rates. Sweden's Riksbank became the latest with today's move (-10 bp). The President of the Swiss National Bank...
FXE: 112.16 (-0.15)
Markets Oddly Calm On Greece: Russia, China, Even USA And Saudis Still In Play
Mercenary Trader - Seeking Alpha - Thu Feb 12, 7:09AM CST
"What we want is a deal. But if there is no deal… and if we see that Germany is rigid and wants to blow apart Europe, then we have the obligation to go to Plan B… Plan B is to get another funding source. It could be the United...
SPY: 209.78 (+0.86), QQQ: 106.91 (+0.91), IEV: 44.50 (+0.15), GREK: 13.65 (+0.66), GLD: 117.98 (+0.64), DIA: 180.34 (+0.50), IWM: 121.53 (+0.72), FXE: 112.16 (-0.15)
Bank of England suggests earlier start to rate hikes
Seeking Alpha - at Seeking Alpha - Thu Feb 12, 6:29AM CST
DXPS: 26.48 (+0.18), FKU: 41.59 (-0.16), EWU: 18.91 (+0.09), FXB: 151.21 (+0.01), DBUK: 25.22 (+0.01), FXE: 112.16 (-0.15), QGBR: 56.81 (+0.24), EWUS: 38.93 (-0.11), GBB: 40.88 (-0.07)
Ceasefire With Russia, No Deal On Greece
Marc Chandler - Seeking Alpha - Thu Feb 12, 6:18AM CST
A ceasefire in the Ukraine appears to have been reached, and despite some confusion late yesterday, no compromise has been struck over the new Greek government's demand that it is recognized that the previous agreements are not working. However,...
FXA: 77.69 (+0.23), FXB: 151.21 (+0.01), FXY: 81.87 (+0.09), FXE: 112.16 (-0.15), UUP: 24.91 (-0.01), FXS: 118.19 (+0.68), EWJ: 11.93 (+0.14)
Weak Euro Hurts U.S. Companies, Good For The EU
Wall Street Daily - Seeking Alpha - Thu Feb 12, 5:46AM CST
By Karim Rahemtulla Cheap gas prices might be creating some extra wiggle room in your wallet. But that's likely not the case for your portfolio, especially if you invest in a lot of multinational corporations. You see, the collapsed price of...
ULE: 17.62 (-0.02), URR: 19.48 (+0.08), DXGE: 29.14 (+0.01), FXE: 112.16 (-0.15), EUO: 24.16 (+0.03), EUFX: 42.41 (+0.07), ERO: 43.16 (unch), DRR: 55.92 (-0.18)
Still A Good Time To Avoid Shorting The Euro
Dr. Duru - at Seeking Alpha - Thu Feb 12, 1:41AM CST
ULE: 17.62 (-0.02), URR: 19.48 (+0.08), FXE: 112.16 (-0.15), EUO: 24.16 (+0.03), EUFX: 42.41 (+0.07), ERO: 43.16 (unch), DRR: 55.92 (-0.18)
Just How Sick Is The EU?
Hale Stewart - Seeking Alpha - Thu Feb 12, 12:48AM CST
For what seems like forever (which, in reality is actually a few years) I have been extremely bearish on the EU. There are several reasons for this: their continued obsession with austerity despite the clear proof it doesn't work, the inability to...
FXE: 112.16 (-0.15), ERO: 43.16 (unch)
Perfect Storm for Stocks - Video Blog
Kevin Cook - Zacks Investment Research - Wed Feb 11, 2:19PM CST
How a vicious feedback loop with earnings, interest rates, and the dollar could spark a bigger correction.
SPY: 209.78 (+0.86), QQQ: 106.91 (+0.91), FXE: 112.16 (-0.15), IWM: 121.53 (+0.72), TLT: 128.19 (-1.33)
Denmark Is Not Switzerland
Marc Chandler - Seeking Alpha - Wed Feb 11, 7:25AM CST
In order to help deflect some pressure, Denmark had suspended the issuance of long-term debt. This has the effect of driving down interest rates further. It is misleading to suggest this is a form of quantitative easing, which means increasing the...
FXE: 112.16 (-0.15), FXF: 104.56 (-0.56)
German Greek Standoff Dulls Forex
Dean Popplewell - Seeking Alpha - Wed Feb 11, 6:39AM CST
By Dean Popplewell It’s not much of a surprise to see the various asset classes treading water this morning as investors await on a couple of crunch meetings on the future of financial aid to Greece. The Greek drama continues to unfold as...
FXA: 77.69 (+0.23), FXB: 151.21 (+0.01), FXY: 81.87 (+0.09), FXC: 79.78 (+0.19), FXE: 112.16 (-0.15), FXF: 104.56 (-0.56), UDN: 22.76 (+0.03), UUP: 24.91 (-0.01)
European Brinkmanship Means No Deal Today Or Tomorrow
Marc Chandler - Seeking Alpha - Wed Feb 11, 5:40AM CST
The Eurogroup meeting today and the heads of state meeting tomorrow cannot resolve the standoff with Greece. The logic of each side demands negotiating until the very last minute as the only way to ensure that the most is achieved. Of course, the...
FXC: 79.78 (+0.19), FXE: 112.16 (-0.15), UUP: 24.91 (-0.01)