Khuram Chaudhry
Khuram Chaudhry
environment markets policy response
In that environment, markets could retest lows, but if we get the policy response then we'll get more of a rally.
concern cuts data deflation economic interest rate since turn unlikely
If there are no interest rate cuts before the end of the year, the concern will be that we are going down the deflation road, since economic data is unlikely to turn up of its own accord,
data economic extent generally grow growing indicate line profits recovery slight strong troubled
There has been a slight softening in the economic data. Profits generally grow in line with the cycle, so if the economic data is growing sideways, or is not as strong as it was, then to what extent does that indicate (a) troubled recovery in profits?.
bad likely meet midst numbers quite reporting scope season
We are in the midst of the third-quarter reporting season and it's quite likely the numbers will meet expectations or be below, so there is still scope for bad news.
bad continue emerge european likely news regard seen
We've seen a lot of bad news emerge from the U.S., ... and it's likely to continue with regard to European companies.
bit cautious continued data economy exactly greenspan hear improvement interest investors shown signs suffering until
There is a little bit of uncertainty about what exactly Mr. Greenspan will say today. Investors want to hear about interest rates. Yes, the economy has shown some signs of suffering recently, but that's countered by other data indicating continued improvement overall. Investors are cautious until they hear more from Greenspan today.
coming corporate data dollar early economic european focus helping higher numbers positive pulled stocks tech translate weak
I think the focus in the U.S. is on economic data coming out -- things like U.S. import prices. You find a weak dollar will translate into higher import prices. In corporate news, Cisco's numbers could have a positive impact, it was helping some of the European tech stocks early ... but European bourses have pulled back a bit.
closely consumer effect factor high oil prices related results retail watching
Retail results will also be closely watched. One other factor we're watching related to oil is the effect the high prices could have on consumer spending.
bank cut england europe european good interest japan joined markets moved news rates time turnaround
Markets in Europe moved down after a turnaround in the U.S. markets. The good news was that the Bank of England cut interest rates at the same time other European bourses and the Bank of Japan joined in.
few market past sector seen stock today weeks
Today has been different from the past few weeks as we have seen real capitulation in the market as every stock and every sector is down.
crude cyclical data economic hard help iraq lift numbers oil services showing trigger
We have to see hard numbers on economic data showing there is some lift in the manufacturing and services sectors. The other trigger is very much Iraq -- if crude oil comes off significantly that should help the cyclical stocks.
decision downward driver expected eyes fed france german happens later main seen today
All eyes are on the Fed's decision expected later today (Wednesday). We've seen some downward pressure, especially on some of the telecom names, particularly France Telecom, and in also on some German stocks. But the main driver has been what happens with the Fed decision today,
airlines defensive hit interest markets quite renewed saw
The markets are still very defensive in tone. Airlines are still being hit quite sharply. But we saw some renewed interest in some of the telecommunication names.
appears closely continue dominant market oil prices remain respect watching
The market has been watching oil prices very closely and there appears to be a near-term reprieve. Oil will continue to remain a dominant story with respect to the market.