Opinion – Friday 22 November 2019

U.S. Equity Markets slid following losses in Europe and Asia as traders weighed conflicting signals about the outlook for a trade deal between Beijing and Washington. The S&P 500 Index fell for a third day, the longest losing streak in almost two months, but...

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...

Opinion – Wednesday 13 November 2019

U.S. Equity Markets edged higher as investors measured the likelihood of a partial trade deal between America and China. The US Dollar and Treasuries advanced. The S&P 500 eked out a gain after retreating from a record high as remarks by President Donald Trump...

Opinion – Tuesday 12 November 2019

U.S. Equity Markets fell amid concern that the U.S. and China are struggling to get an initial trade deal done.The S&P 500 dropped for first time in four sessions in trading nearly 20% below its average of the last 100 days. President Donald Trump’s tariff...

Opinion – Monday 11 November 2019

U.S. Equity Markets finished a week of duelling tariff headlines on a high note, as investors tried to anticipate the next moves in the trade war with China. Ten-year Treasury yields gained, while the US Dollar rose and West Texas crude held above $57 a barrel. The...

Opinion – Friday 8 November 2019

U.S. Equity Markets sputtered late in the session Thursday but still managed to close at a record high as traders were whipsawed by conflicting headlines on the progress of trade talks with China. Early reports that the U.S. and China were prepared to exchange tariff...

Opinion – Thursday 7 November 2019

U.S. Equity Markets drifted after reports that any signing of a partial trade deal with China won’t happen until at least December, deflating early-session gains. Treasuries rebounded after dropping for three days. The S&P 500 Index eked out a narrow advance...

Opinion – Wednesday 6 November 2019

U.S. Equity Markets hovered near record highs Tuesday before closing mostly lower as investors digested the latest earnings and economic data while awaiting more news about trade talks between America and China. Ten-year Treasury yields hit their highest since...

Opinion – Tuesday 5 November 2019

U.S. Equity benchmarks climbed to all-time highs, while Treasuries tumbled as trade optimism fuelled demand for risk assets. The Dow Jones Industrial Average climbed Monday to claim its first record since July. The S&P 500 and Nasdaq Indexes also hit new highs...