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This morning. 1000 thiss off morning but recovered to a loss of only 100 points at midday only to fall again into the close as margin calls forced traders to sell stocks. Take a look at the close of gold and oil as well. Oil has really bring the big story. You can see it bouncing around. 38. 26 per barrel. Following, falling, 42. 69 per barrel. Thats a huge drop in that is currently closed for trading. Gold futures, curiously unchanged or little changed. 1154. 60. You would think investors fleeing first theyve are havens would look to gold. That did not happen. You would think they would look to the dollar as well. That certainly did not happen. I think one of the most interesting stories of the day was the weakness in the dollar. The dollar index was down at one point 2. 5 . The biggest drop since march 2009. 1. 15 for the euro. Morning asg dip this many people were looking for liquidity and more likely, people expect the fed not to raise rates in september. Lets get more insight on t ....
Broadbrushating the market moves today. Down by over 1. 4 . Mixed fare for the currencies. Bond yields declining, gold rising today. The earnings season continues, shrinking returns from investments contributed to a 25 drop in secondquarter earnings. Still a beat underscoring the challenges of the new chief seeks to reverse three years of falling profit at the worlds biggest reinsurer. He has yet to outline how he plans to return to growth as catastrophe claims way on prices. Shares down 2. 5 today. Germanys biggest Renewable Energy generator underlying its 40th profit outlook, boosting investment as growth beats estimates. It will present an updated growth and Investment Strategy with fullyear results after decided to increase its dividend eont jan separated separated its conventional power plant business last year. The fourth best performer on the dax this period. Th ....