Well,today their are lots of market changes including this week to put some sunshine on it. I am not going to get very technical analysis on all the dynamic global shifts. I am going to just make this report more simplified since I still have other issues today to deal with finding solutions. This week seen many brief bright spots in how the markets have reacted based on stock,bonds trading performance. So,I'll start with the beginning of the week and finish with today's data on global markets. We started the week with a dollar levels above the neckline against both European currency and slightly lower preforms on Canada and Asian markets. This means that with this trend it's going to usually continue the rest of the week which is what happened on end of closing bell on Wall Street today Friday. We next started the beginning of the week with serious scepticism about crude oil prices which have been steadily slipping. So,this has a chilling global effects on both global prices and combined with increased amount of supply. This is a market driving factor in financial markets view of stay or bailout in global investments. The second factor is global GDP which has posted a meager gain of 3.6 points available average on charts. The third thing is global trade which has seen some serious volatility this week,it's origin is actually on a chart a lot on longer term projected positive gain usually 6 months. The fourth factor is both energy and technology sectors which have seen this week under performance. Stocks have lost all the gains in the beginning of the week to close out on Friday bell mostly available average of 24 points on American markets, Looking at overseas markets the difference is more profound with Canada down average 40 points.European markets posted improved gains with average 15 points. Asian markets declined available average 80 points over this week period. Real Estate posted small gains in new home construction meanwhile the opposite effect happened in decline in new homes sales. So here we are Friday with the markets on Wall Street showing weak performance barely able to get above the belt. My prediction is this is going to continue into next week from beginning to about Thursday afternoon when we will see some exciting news about corporate profits. The other news is that OPEC will make a change in global supplies and prices will change to something better. I think the last thing we will see is a new Federal Bank report on economic health which will provide some interesting development in the markets.
This is how I see things for the close of this week for my market research and analysis. Have a great weekend everyone.
Hon. H.E. UN Secretary General
HM King Scotland
John F Norton Jr.
