GBR Market Wrap: Halftime Reports and Happy Fourth!

Market Wrap Logo


In this Week’s Issue: July 1, 2011

Weekly Snapshot
• Euro area seasonally-adjusted unemployment rate was 9.9% in May (Eurostat)
• Purchasing managers’ indexes in Asia and Europe at multi-month lows (Reuters)
• Japan’s Tankan survey shows sentiment worsened sharply after quake (WSJ)
• U.S. corn futures have suffered their steepest fall in 15 years (FT)
• The Fed ended its $600 billion bond-buying program (QE2) on June 30th (Reuters)
• The European Central Bank signaled rate hikes as inflation stays high (Reuters)
• Euro area inflation is estimated at 2.7% in June 2011 (Eurostat)
• BofA to pay $8.5bn to settle claims over mortgage-backed securities (WSJ)
• Greece passed an unpopular austerity plan critical to avoiding a debt default (Reuters)
• Christine Lagarde was named the new head of the International Monetary Fund (AP)

Market Barometers

stock market 7-1-11FX chart 7-1-11


Halftime Reports
Time flies they say.  Yes, the first half of 2011 is already over.  This calls for a mini-review of how the markets faired during the first six months of this year.  Please find the charts below indicating the performance of the major stock markets as well as the returns of the major currencies and commodities. It has been an interesting and choppy first half so far.  The curious investor’s mind is waiting to see what’s next…

StocksH13FXH13

Recommended Read/Audio
Here’s an interesting take on the inflation debate. Please consider: Recalculating the Consumer Price Index by David Gura.

Listen to this podcast.

Best wishes for a wonderful 4th of July week-end!


Clemens Kownatzki, MBA is an adjunct professor of financial risk management at the Graziadio School of Business and Management, as well as the founder and CEO of FX Investment Strategies, a Registered Investment Advisor. In addition to running his investment advisory firm, he is a contributing author at SeekingAlpha.com and BusinessInsider.com. He also authored the book, Money Music 101, available on Amazon and Kindle, in addition to publishing the popular investment blog www.fxinvestmentstrategies.com along with a weekly newsletter.Disclaimer

Neither the information nor any opinion contained in this communication constitutes a solicitation or offer by us to buy or to sell any securities, futures, options or other financial instruments or to provide any investment advice or service. Each decision by you to do any investment transactions and each decision whether a particular investment is appropriate or proper for you is an independent decision to be taken by you. In no event should the content of this communication be construed as an express or an implied promise, guarantee or implication by or from us that you will profit or that losses can or will be limited in any manner whatsoever. Past results are no indication of future performance. Please note that there is no requirement and no commitment to make any payments to FX Investment Strategies LLC in order to access our published information be it via email or via website publication. All information is publicly available without any required monetary consideration.  Any payments or donations made by you are deemed to be voluntary and cannot be considered as payments for investment advice given to you.

Author of the article
Clemens Kownatzki, MBA
Clemens Kownatzki, MBA
More from The GBR Blog
A Blog on Blogging!

A Blog on Blogging!

Best Blog Practices Timely: The more relevant your topic to current events, the more hits you will receive. Valuable: Entries should promote knowledge, add insight, and provide valuable links to your readers. Concise: Every blog entry doesn’t need to be a 600-word essay. You can post photos, videos, links, PDFs, or anything that you think … Continued