First Minute – Lets appreciates the indices
1. The market recovered quite well for the emerging and Asia economies after the steep drop in May. Most indices are overall still in the red for the whole of 2010.
2. Japan is one of the worst performer in 2010 with the political uncertainties lingering. US did quite badly and yield -8.5% in 2010 as well.
3. Emerging Markets, Hong Kong and Russia indices lost more than 6% in 2010 as well.
4. Gold and oil prices rose slightly. Gold price is near to all time high and Oil price is 13% below end April price.
5. Vix Index rose 7.7% in June which reflect the continual uncertainties
6. Baltic Dry Index dropped very significantly to 2406. It is something worth monitoring as it may reflects the demand of shipping raw material across the globe.
Second Minute – Double Dip Reccession? Read more...
First Minute – Lets appreciates the indices
1. The market recovered quite well for the emerging and Asia economies after the steep drop in May. Most indices are overall still in the red for the whole of 2010.
2. Japan is one of the worst performer in 2010 with the political uncertainties lingering. US did quite badly and yield -8.5% in 2010 as well.
3. Emerging Markets, Hong Kong and Russia indices lost more than 6% in 2010 as well.
4. Gold and oil prices rose slightly. Gold price is near to all time high and Oil price is 13% below end April price.
5. Vix Index rose 7.7% in June which reflect the continual uncertainties
6. Baltic Dry Index dropped very significantly to 2406. It is something worth monitoring as it may reflects the demand of shipping raw material across the globe.
Second Minute – Double Dip Reccession? Read more...
