By Musabbir Mazhar US equities has seen a sell-off in the market last week and many are delving into the thought that the market has just started its long awaited downward spiral- I don’t think so. P/E multiples have grown surely but if you compare them to the time after the crises – when US financial […]
Tag Archives: PMI

CAD dollar weaker; market update: 2nd Jan 2014
By Musabbir Mazhar The CAD/USD exchange rate was at 0.9384, up 9 basis points – The currency pair was stable at the close on Thursday. As the number for initial US jobless claims for the week ending December 27 dropped by 2000 to 339,000 – the demand for the US dollar strengthened. China’s manufacturing data […]
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