May Day

Holidays and Relief

May 1, 2017

Numerous markets including most of Continental Europe, China, Mexico, South Africa, Brazil, Hong Kong, Singapore and Ukraine were closed today for May Day. Britain is observing its early May bank holiday as well. Investors are mostly relieved that the U.S. Congress struck a $1.1 trillion spending authorization deal over the weekend to avert a government […] More

Waiting for the FOMC Statement and Some U.S. Data

May 1, 2013

Many markets around the world are closed today for Beltane and May Day celebrations.  These include China, Germany, France, Italy, Greece, Portugal, Spain, South Korea, India, Singapore, Thailand, Malaysia, Sri Lanka, Vietnam, the Philippines, Hong Kong and Taiwan. The Federal Open Market Committee will release a statement at 14:00 EDT (18:00 GMT).  No press conference […] More