European, stocks Decline dragged by Financials Dollar Declines The pound slipped as Brexit Negotiations round Approach Bank shares lag in Europe and Asia, tracking declines in government bond yields and mixed corporate results. Moves in global stock markets were muted Wednesday, with investors largely focused on a handful of corporate results… Continue reading Daily Markets Update, 8 November
DOW Futures above 23K. Stocks in Euro Area hit 22 week High. Spain Ibex dragged by Political Tension. Euro slips, Dollar pushes Higher. The euro headed for its longest period decline in a year ( 5 days down or -0.93%) as the Stoxx Europe 600 rose amid political tensions over… Continue reading Daily Markets Update, 18 October
Dollar and Treasury yields climb after US jobs report Wall Street lower at opening bell European stocks look to eurozone periphery. jobs data points to rate hike The number of workers on U.S. payrolls declined last month for the first time since 2010, reflecting major disruptions from the latest Hurricanes, Labor Department… Continue reading Markets Update, 6 October
Stocks mixed as bonds, Oil climb. Dollar slips, Pound jumps on higher retail sales. Fed meeting expectation for Fed’s plans to unwind its balance sheet. Today the Fed will officially announce the starting point to unwind its balance sheet. while keeping rates unchanged, perhaps hiking again in December (market odds at 56%), while revising its economic… Continue reading Daily Markets Overview, 20 Sept.
Dollar drops to lowest in 10 months amid health care bill doubts Euro Surges against Dollar, highest since May 2016 China Stocks lower on regulation and support Concerns Gold hits Highest in 2 weeks as dollar drops. Stocks in Europe and Asia under pressure Stocks in Europe and Asia were… Continue reading Daily Markets Update, 18 July
Stock Markets Rise After Dovish Yellen Comments. Treasuries rallied after Testimony European and Global Stocks Rise. Equity markets edged higher in Europe on Thursday, following another record U.S. market close driven by dovish comments from Janet Yellen. The hawkish tone and global bond rout unleashed by central bankers at the Sintra… Continue reading Daily Markets Update, 13 July
Global Stocks Rise on optimism over solid jobs data German 10-year Bund yield comes off 18-month high European equities rise Euro steady fails to hold $1.14 Brent crude resumes slide Gold extends slide under March lows Wall Street stocks closed on a high note on Friday, with the S&P 500 posting its best… Continue reading Markets Update, 10 July