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Germany’s ZEW Economic Sentiment almost unchanged

May 14, 2013 1:06 pm
The major economic sentiment indicator for Germany, announced earlier today, has remained at levels, slightly higher during May, compared to the previous month. ZEW Sentiment has increased hardly by 0.1 points to 36.4. This news comes as a surprise, as the economic data for Germany, released today, showed some positivity. It became clear, that the […] Read more

All eyes on Tesla Motors

May 14, 2013 9:18 am
Tesla is a well known maker of sporty battery operated vehicles and has been put on the spot regarding their first profit in their 10 year history since Tesla went public.The company reported its first quarter profit and their shares went up by 41% so far causing immense euphoria. Despite the companys profit some analysts […] Read more

“Sell in May and go away”

May 14, 2013 7:56 am
A popular quote on wallstreet reveals a time-proven strategy The US market as any, typically has cycles of strength and weakness. The summertime blues is one of them. Many investors advice to stay away from US market seasonal weaknesses but hiding behind bonds or just waiting is not an option for the most of shareholders. […] Read more

Australia’s Job Rate Is Well Above Expectations

May 12, 2013 6:43 pm
Australian employment blows past estimates taking AUD/USD above 1.0200 UK IP/MP beat Nikkei -0.66% Europe -0.60% Oil $96.15/bbl Gold $1469/oz. Europe and Asia: AUD Employment Change 50.1K vs. 11.5K AUD Unemployment Rate 5.5% vs. 5.6% AUD Full Time Employment Change JPY Leading Index 97.6% vs. 97.7% NZD Employment 1.7% vs 1.1% GBP BOE Rate Decision […] Read more