“The major markets overseas - Europe, Japan and Asia - have fairly solid underlying momentum. Japan is certainly improving and Europe is more like the Queen Elizabeth slowly turning around.”
“It leaves the underlying momentum strong.”
“Share prices fell partly on profit-taking and partly because of a seasonal factors but underlying market sentiment remains positive.”
“Derivative instruments were bystanders, ... They may well have intensified the losses in underlying markets, but they were scarcely the major players.”
“We still have the underlying deficit issue, which the market is still focusing on. We're going up through $1.22 over the next couple weeks.”
“There are reports of solid underlying demand for 30-year bonds from pension funds and insurance companies.”
“Yet, with the underlying sentiment toward the dollar being shaky at the moment, the trade report could shift market attention to deficit problems in the US and spark some dollar selling.”
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