Opinion – Tuesday 2 June 2020

U.S. Equity Markets rose as investors focused on signs of economic recovery amid further tension with China, lackluster virus drug-test results and spreading protests over the killing of George Floyd, an unarmed black man, by police. The US Dollar slumped. The...

Opinion – Friday 29 May 2020

U.S. Equity Markets erased gains and ended lower after President Donald Trump said he would hold a press conference today to discuss China, potentially stoking tensions between the world’s two largest economies. The S&P 500 lost an advance of more than 1% on...

Opinion – Thursday 28 May 2020

U.S. Equity Markets advanced for a third day on rising optimism the pandemic’s damage to the economy has peaked. Treasuries rose and Oil slipped. The S&P 500 climbed to an 11-week high, holding above 3,000 points and its average price for the past 200 days,...

Opinion – Wednesday 27 May 2020

U.S. Equity Markets rose, but closed sharply off their highs after Bloomberg News reported that the Trump administration is considering sanctions on Chinese officials, threatening to escalate tensions between the world’s two largest economies. The S&P 500 ended...

Opinion – Tuesday 26 May 2020

U.S. and European Equity Futures rose with Asian stocks Tuesday despite escalating geopolitical risks, with Japan leading gains as the world’s third-largest economy reopened. Treasuries dipped in early European trading after the three-day U.S. weekend, while the US...

Opinion – Monday 25 May 2020

U.S. Equity Markets rallied into the close of trading after whipsawing investors during a volatile week that featured optimism over the reopening of the economy and a renewal of trade tensions. The US Dollar strengthened and Oil snapped a six-day winning streak. The...

Opinion – Friday 22 May 2020

U.S. Equity Markets fell as rising Trade tensions between America and China added to concern about the pace of recovery from the Coronavirus pandemic. Crude Oil rebounded from an earlier swoon and Gold declined. The S&P 500 declined 0.8%, with signs mounting that...

Opinion – Thursday 21 May 2020

Equity Markets climbed to more than 10-week highs as investors focused on signs the American economy will continue to reopen, while U.S. Central Bankers acknowledged the severity of the Coronavirus pandemic when they met last month. Crude oil rallied for a fifth day....

Opinion – Wednesday 20 May 2020

U.S. Equity Markets fell for the first time in four sessions after reports circulated that Moderna Inc.’s vaccine study, which was credited in part for Monday’s rally, did not produce enough critical data to assess its success. Crude oil and Treasuries gained. The...

Opinion – Tuesday 19 May 2020

U.S. Equity Markets surged the most in almost six weeks after promising early results for an experimental vaccine sparked speculation economies could snap back quickly. Crude oil advanced and yields on Treasuries rose. The S&P 500 surged 3.2% after Moderna Inc....

Opinion – Monday 18 May 2020

U.S. Equity Markets ended the week higher, as traders looked past Trade jitters and weak economic data. Treasuries fell. Oil jumped. The S&P 500 erased losses, but still posted its worst week since March 20 — just before the gauge started a torrid...

Opinion – Friday 15 May 2020

U.S. Equity Markets rebounded as a rally in beaten-down industries outweighed pessimism over bleak economic data and trade tensions. In a very volatile session, banks led gains in the S&P 500 as Wells Fargo, JPMorgan and Bank of America jumped at least 4%. Energy...

Opinion – Thursday 14 May 2020

U.S. Equity Markets slumped to a three-week low after Jerome Powell warned economic risks from the virus are significant and tensions with China flared. Treasuries and the US Dollar advanced. The S&P 500 briefly fell below 2,800 — a level that has provided...

Opinion – Wednesday 13 May 2020

Equity Markets tumbled after a U.S. health official warned against a premature reopening of the economy and as traders assessed a dire outlook from Federal Reserve regional chiefs. Treasuries and the US Dollar climbed. The S&P 500 extended losses as Anthony...