Daily Market News & Reports
Thank you for choosing DeCarley Trading. We are proud to offer the DeCarley Perspective as an informational guide to our clients and subscribers. We hope that you walk away from the newsletter with a better understanding of market fundamentals, as well as technical and seasonal factors. **There is substantial risk of loss in trading futures and options. **Past performance is not indicative of...
The golden rule shortly signed... ...What about the "activity" side? Portugal under stress The new Treaty on Stability, Coordination and Governance in the Economic and Monetary Union is circulating in a quasi-definitive version, although an arrangement still has to be found on the procedure for referring cases to the European Court of Justice. After the treaty is signed, probably in March, it will...
The last day of the trading week which has been dominated by news about the Greek debt swap deal is virtually devoid of any new information on the matter. Despite every day declarations made by various officials that the PSI agreement is very close to being finalized, doubts are growing over whether it will happen in the nearest future. The meeting of the Eurogroup planned for Monday, February...
Outlook: Payrolls and nothing but payrolls will dominate the first few hours of NY action today. But even a good number that promotes risk appetite is not really "good." The Economix blog at the NYT notes that while the US economy has grown for 10 quarters, the share going to wages and salaries has fallen from 57.6¢ on the dollar for the past 50 years to 44¢ in Q3 2011. "If you include workers...
