Opinion – Thursday 21 November 2019

The S&P 500 Index posted its biggest loss in a month after a report that Washington and Beijing are unlikely to reach a trade deal this year. The US  Dollar rose and oil jumped. Telecom companies and automakers led losses on the gauge after Reuters said that a...

Opinion – Wednesday 20 November 2019

The Nasdaq Composite climbed to a fresh record on the back of gains in mega-cap tech companies even as the Dow Jones Industrial Average sank following disappointing reports from retailers. Gains in Facebook, Broadcom and Tesla lifted the Nasdaq while Home Depot was...

Opinion – Tuesday 19 November 2019

U.S. Equity Markets edged higher to fresh records as investors looked for signs of progress in U.S.-China trade negotiations. The US Dollar again weakened and Treasury yields dipped. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite all fluctuated...

Opinion – Monday 18 November 2019

US Equity Markets rose to all-time highs and Treasuries edged lower after an American official hinted that the U.S. and China are close to locking down a partial trade deal. The US Dollar declined. The S&P 500 reached another record and gained for the sixth week...

Opinion – Friday 15 November 2019

U.S. Stock Indexes were mixed and bonds advanced as the risk rally stalled below all-time highs amid mixed economic data and mounting concern over a partial trade deal. The Japanese Yen gained along with gold. The S&P 500 eked out its third gain in a row, but...

Opinion – Thursday 14 November 2019

Federal Reserve Chairman Jerome Powell stuck to his view that interest rates are probably on hold after three straight reductions, while signalling that the U.S. central bank could resume cutting if the growth outlook falters. “We see the current stance of monetary...