Opinion – Thursday 2 May 2019

The minutes after the release of the Federal Reserve’s interest-rate decision had all the looks of another dovish surprise from the world’s most important central bank. While the Fed left its benchmark lending rate unchanged, it dropped the interest paid on excess...

Opinion – Wednesday 1 May 2019

U.S. Equity Futures advanced after Apple Inc.’s upbeat forecast, with traders expecting lower than average volumes for global stocks today due to holiday closures in much of Asia and Europe. The New Zealand Dollar sank after hiring unexpectedly declined. Futures on...

Opinion – Tuesday 30 April 2019

U.S. stocks rose above their record high at the start of a week packed with data that will provide clues on global economic growth. Bonds fell. Financial companies led gains in the S&P 500 Index, while real-estate shares retreated. Benchmark...

Opinion – Monday 29 April 2019

U.S. economic growth accelerated in the first quarter on a big boost from inventories and trade that offset slowdowns in consumer and business spending, with President Donald Trump touting the report as much stronger than expected. Gross Domestic Product expanded at a...

Opinion – Friday 26 April 2019

Major U.S. stock Indices closed mixed as earnings reports sparked a rally in big technology companies and sent industrial shares lower. The US Dollar extended gains to a four-month high. While the tech-heavy Nasdaq 100 reached a record following strong results from...

Opinion – Thursday 25 April 2019

U.S. equities edged lower as investors assessed corporate earnings and economic data. Treasuries joined a global rally in sovereign bonds and the US Dollar extended its rally to a four-month high. The S&P 500 Index slumped 0.2 percent from Tuesday’s record close....

Opinion – Wednesday 24 April 2019

U.S. stock Indices closed at record highs on the back of better-than-forecast earnings while the US Dollar strengthened and Treasury yields dipped. The S&P 500 Index and the Nasdaq Composite marked new milestones as Twitter, Lockheed Martin and Hasbro climbed...

Opinion – Tuesday 23 April 2019

U.S. equities eked out a gain in light volume yesterday as investors prepared for a deluge of earnings news. Oil jumped after the White House said it will scrap waivers that allow the purchase of some Iranian crude. The S&P 500 Index rose 0.1 percent even as most...

Opinion – Thursday 18 April 2019

U.S. stocks fell to a one-week low as the drop in health-care providers extended amid concern about policy changes and the latest batch of corporate earnings did little to boost confidence in the economy. Treasuries edged higher. The S&P 500 Index closed at 2,900...

Opinion – Wednesday 17 April 2019

Most U.S. stocks rose as a group of high-profile earnings offered divergent clues on the strength of the American economy. The 10-year Treasury yield reached its highest level since the March Federal Reserve meeting. The S&P 500 eked out a gain, while the Nasdaq...

Opinion – Tuesday 16 April 2019

U.S. stocks halted a three-day advance mixed after disappointing results from Goldman Sachs Group Inc. and Citigroup Inc. dragged down bank shares. Crude slumped towards $63 a barrel in New York. The S&P 500 Index slipped from a six-month high as the U.S....

Opinion – Monday 15 April 2019

U.S. stocks rose amid solid bank earnings and a major deal in the energy sector, while Treasuries fell as Chinese data bolstered optimism in the global economy.The S&P 500 gained for a third straight week as it punched through the key 2,900 level for the first...

Opinion – Friday 12 April 2019

Theresa May tells Parliament she’s still trying to get a Brexit deal approved to avoid getting stuck in a long extension. She also hinted that a compromise on what trade ties with the bloc should look like after Brexit might be possible in talks with the opposition...

Opinion – Thursday 11 April 2019

Mario Draghi signalled that the European Central Bank expects to rely on long-term bank loans and tweaks to its negative interest-rate policy as a first defense if officials need to intensify their fight against the economic slowdown. The comments came as the ECB...