The Traderszone Network

OpenTable soars Friday on news that it will sell itself to Priceline Group in a deal worth $2.6 billion while Intel rallies after raising its revenue guidance.
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FXStreet (Córdoba) – The UBS analyst team observes that the recent policy rate cut by the Mexican…

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Following last month’s drop and disappointing miss, University of Michigan Consumer Confidence just got even worse. Despite record high stock prices and near record high car purcahsing exuberance, consumer confidence tumbled for the 2nd month in a row (just when the pent-up demand of Q1 is supposed to kick in). This is the biggest miss of expectations since Dec 2012 and appears to confirm the lack of exuberance seen in the government’s survey data.

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Vibes and scribes from the front lines.

It’s been blowing away stocks so far this year as interest rates dropped. Does that mean now is the time to put your money in real estate?

Turmoil in Iraq shouldn’t cause a lasting spike in oil prices–unless it gets much worse.

Wall Street, by contrast, has experienced in the second quarter what might be better described as “a perfect calm.” Earlier this year, the dramatic decline of volatility and volume that drained revenue from Wall Street’s fixed-income, currency and commodities trading operations was somewhat offset by growth in equity sales and trading. Average daily trading volume in S&P 500 stocks since April 1, for example, is 29% below its five-year average and 17% below the first quarter.

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