Will Lower Oil Prices Spur Economic Activity?
A slow summer day, mixed earnings for two symbolic companies, and dropping oil prices present a mixed bag for a sluggish global economy.
A slow summer day, mixed earnings for two symbolic companies, and dropping oil prices present a mixed bag for a sluggish global economy.
Traders shrug at the deal struck between the European Union and Greek Parliament but turn their attention to ECB president Mario Draghi.
Hopefully, U.S. traders are not really focusing on Chinese markets. Why optimism over Greece in Europe is growing also is unclear.
Regardless of what happens in Europe, we can expect one outcome on Monday.
The rhetoric out of Greece suggests the crisis could be resolved as early as next week.
This data-dependent board of governors will do nothing until evidence slaps it in the face.
Minor consumer splurge in May drives first strong numbers in many months.
The German bond market led the way on Wednesday as the 10-year note closed the day at 0.85%.
Global stock markets are having a sympathetic reaction to the Shanghai Composite.
The markets are trading quietly as the Fed takes a wait-and-see approach on raising interest rates.

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Will Lower Oil Prices Spur Economic Activity?