SG Cowen

Featured Topics

• Commodities

  

  Dan Gramza: Markets react to the Fed

  Here's what we're looking for in the wake of the June 19 Fed effect on the markets.

• Financials

  

  Stock market chops recent gains; intermediate negative looms

  All major indexes reversed downward in the mid-afternoon, closing sharply lower.

• Forex

  

  Dollar gains most in 2 months as Bernanke signals bond-buy taper

  The dollar rallied the most in two months versus the euro as Federal Reserve Chairman Ben S. Bernanke said the central bank could reduce its bond-buying this year and end it next year if economic improvement continues.

• Regulations

  

  ABM AMRO ordered to pay $1 million for seg fund deficiencies

  CFTC orders ABN AMRO Clearing Chicago LLC to pay $1 million to settle charges of segregated and secured fund deficiencies, a minimum net capital violation, books and records violation, and supervision failures.

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