Wall Street Greek

Editor's Picks | Energy | Market Outlook | Gold | Real Estate | Stocks | Politics
Wall Street, Greek

The Wall Street Greek blog is the sexy & syndicated financial securities markets publication of former Senior Equity Analyst Markos N. Kaminis. Our stock market blog reaches reputable publishers & private networks and is an unbiased, independent Wall Street research resource on the economy, stocks, gold & currency, energy & oil, real estate and more. Wall Street & Greece should be as honest, dependable and passionate as The Greek.


Seeking Alpha

Friday, March 06, 2015

How the ECB Economic Forecast Clears the Path for U.S. Markets

The key to the U.S. market Thursday emanated from overseas, and I believe helps to clear a path for U.S. stocks to rise moving forward. The European Central Bank (ECB) meeting in Nicosia, Cyprus, the world’s last divided city, offered a key tidbit from its highly publicized activities. The ECB’s economic forecast is critical to the U.S. market because of the interrelation between the dollar and euro and the U.S. Fed’s interest in it. The news was good for Europe, but how does that translate into American English? See the full report here. Article interests SPDR S&P 500 (NYSE: SPY), PowerShares QQQ (Nasdaq: QQQ), iShares Europe (NYSE: IEV), iShares Germany (NYSE: EWG), Global X FTSE Greece 20 (NYSE: GREK).

DISCLOSURE: Kaminis is long SPY and GREK. Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.

Flyers

Labels: , , , ,

free email financial newsletter Bookmark and Share

0 Comments:

Post a Comment

<< Home