February 26, 2015

Morning Comment

Next week kicks off the start of the ECB’s Quantitative Easing program.  Draghi has promised this for months and the fateful day is about on us.  And markets know what to do with QE support from the central bank - rally...

Closing Comment

European equities held onto their early rally today with a strong showing at the close.  This enthusiasm did not sustain itself in U.S. equities, but we hung in there.  The Dow and S&P experienced small losses but the NASDAQ had a nice day with a gain of 0.42% as it continues its quest to post a new high...

Full Commentary

CertificatesMaturity DateRate
60 Days04/27/20150.16%
90 Days05/27/20150.20%
1 Year02/26/20160.42%
1.5 Years08/24/20160.64%
2 Years02/27/20170.84%
Overnight Loan0.89%
Demand Loan1.42%

View All Rates