What’s the Story?

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Marketwatch Consumer spending in the U.S. fell slightly in June and marked the second straight decline even though wages rose sharply, according to the latest government data. Spending fell less than … [Read more...]

Enis’s Macro Wrap – Still Waiting

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SPY closed basically unchanged yesterday, and this morning indicates another open near unchanged after another quiet overnight session as everyone waits for the all-important central bank releases on … [Read more...]

New Trade FXI – Hang Seng, Dude

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The Shanghai composite closed at a 3 year low last night.  At the lowest level since March 2009.  Multinational after multinational pointed out the weakness in Asia, and Chinese investors seem to … [Read more...]

What’s the Story?

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Marketwatch U.S. stock-index futures traded mostly lower Monday, with little fresh economic data in the immediate pipeline as investors await potential action by the European Central Bank and … [Read more...]

Enis’s Macro Wrap – Busy Week Ahead

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Overnight price action was relatively subdued after the fireworks on Thursday and Friday sent markets shooting higher: SPX futures traded in an overnight range of 5 points on low volume, trading … [Read more...]