Opinion – Thursday 18 July 2019

U.S. Equity Markets fell as investors assessed mixed corporate earnings amid concern over the U.S.-China trade spat. Treasuries rallied. Industrials led the S&P 500 Index below 3,000, with CSX Corp. plunging 10% after a weakened sales forecast stoked fears of a...

Opinion – Wednesday 17 July 2019

U.S. Equity Markets fell from a record high as President Donald Trump said he could impose more tariffs on China, reminding investors that the trade spat remains unresolved. Treasuries dropped and the US Dollar rose. The S&P 500 Index halted a five-day rally,...

Opinion – Tuesday 16 July 2019

A technology rally drove U.S Equities to fresh records at the start of a busy week for corporate earnings, economic data and Federal Reserve speakers. Treasuries climbed. Gains in tech outweighed losses in energy and financial companies in the S&P 500 Index. The...

Opinion – Monday 15 July 2019

U.S. Equities closed at a record high for a second straight day, and recorded a second consecutive weekly advance, as investors remained cautiously optimistic about prospects for easier monetary policy, despite a bigger-than-projected rise in a key inflation measure....

Opinion – Friday 12 July 2019

U.S. Equities rallied late to close at a record high, while Treasuries retreated after the latest American inflation reading came in hotter than anticipated. The US Dollar dropped for a second day and Gold slipped. The S&P 500 gained for a straight third day...

Opinion – Thursday 11 July 2019

U.S. Equities rose toward all-time highs, Gold rallied and the US Dollar fell as comments by Jerome Powell cemented market bets for an Interest Rrate cut this month. Treasuries were mixed. Equities that had slumped since Friday’s strong jobs report rallied back to...

Opinion – Wednesday 10 July 2019

U.S. Equities closed a whisker higher after treading water for most of the session as markets braced for an onslaught of central bank news this week. The US Dollar strengthened to its highest level since mid-June and Treasuries slipped. The S&P 500 Index perked...

Opinion – Tuesday 9 July 2019

U.S. Equities fell as investors took a cautious approach to a week full of central bank activity. Treasuries edged lower and Gold retreated. The S&P 500 slipped for a second day after Friday’s blow-out Jobs Report altered market calculus for Federal Reserve rate...

Opinion – Monday 8 July 2019

U.S. Equities fell from all-time highs, Treasuries tumbled and the US Dollar rallied after a strong jobs report clouded the Federal Reserve’s Interest Rate plans. Gold retreated. The S&P 500 Index fell in thin post-holiday trading to pare a weekly advance to...

Opinion – Friday 5 July 2019

U.S. stock futures and European shares edged higher yesterday in a lack luster session marked by thin trading volumes thanks to the American holiday. Brazilian stocks surged and the Real gained as a congressional committee voted to advance the pension-reform bill....

Opinion – Thursday 4 July 2019

Major U.S. Indexes rose to all-time highs in thin trading ahead of the Four of July holiday helped by the rally in global bonds as investors weighed the prospect of more dovish appointees to two of the world’s major central banks. The Dow Jones Industrial Average...

Opinion – Wednesday 3 July 2019

European Union leaders last night broke a three-day summit deadlock by unexpectedly nominating Germany’s defence minister as the next European Commission president. Ursula von der Leyen, a centre-right minister and the first woman in Germany to serve in the defence...

Opinion – Tuesday 2 July 2019

U.S. stocks rallied to all-time highs after a trade truce with China, though finished well off highs of the day as measures of manufacturing activity showed growth slowing in the world’s largest economy. Treasuries fell with Gold. The S&P 500 ended at a record...

Opinion – Monday 1 July 2019

Stocks in Asia climbed along with U.S. Equity Futures and the yuan after the American and Chinese presidents reached a truce in the trade war and agreed to resume talks. Treasuries, Gold and the Japanese Yen declined. Futures on the S&P 500 rose 0.9% and the...