Archive for May 24th, 2013

New Overnight Developments Abroad - Daily Update

Markets Less Fearful than Yesterday

May 24, 2013

The week is ending with somewhat less anxiety than Thursday, helped by Better-than-projected German IFO business climate in May. Better-than-expected German consumer confidence and French business sentiment. Soothing remarks from Japanese officials and ECB Pdt Draghi. The ability of U.S. stocks to close down only slightly on Thursday. Nonetheless, equities are mostly lower in the […] More