Premier Partners Group: The US greenback fell in early trade Tuesday against all major currencies, after John Boehner and President Obama disagreed on a way forward regarding US debt Monday. The US dollar fell more than 0.6% against a basket of major currencies, with the Euro and Australian dollar benefiting the most, both gaining around 0.7%.

Premier Partners Group: Markets in Asia were mostly up Tuesday, after President Obama admitted that little progress had been made in talks on the US debt ceiling. Hong Kong and Australia indices led the way, bot rising nearly 1.0%, with the Nikkei up 0.5%.

Premier Partners Group: Trading volumes across the US indices during July have so far been the lowest in over three years. So far for July this year, trading volumes are down by 22% for the same period in 2010, and if the pattern continues, it will be the lowest volume since December 2007. Investors confidence appears to be taking a hit, with the numerous debt issues worldwide affecting volumes.

Premier Partners Group: Markets in Asia were all down slightly in early trade Monday, after no agreement was reached over the weekend in talks on the US debt ceiling. August 2nd is the deadline for agreement, but talks over the weekend proved fruitless, with real concerns building of a US downgrade. The Nikkei and the Hang Seng both fell around 0.8%, slightly up from the daily lows.