You are currently browsing the SereneLoi.com weblog archives for the day Friday, November 27th, 2009.

Market Brief – 27Nov – Asian

Dubai Concerns Continue To Weigh On Risk Appetite
The slump in equities continues today as further details of Dubai World’s debt burden come to the fore; dragging risk sentiment lower across asset classes. Asian indices are down 3-5% across the board and US equity futures point to an equally unsavoury open after yesterday’s public holiday. The [...]

Market Brief – 26Nov – US

High Beta Currencies Follow Equity Markets Lower
Despite a meager data schedule, the FX markets have experienced relatively large moves over the course of the day as the unwind of positions ahead of year end were exaggerated by thin liquidity conditions. Equities are sharply lower across Europe and Latin America, and even gold has sold-off markedly [...]