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.
Global stocks Retreat Tech´s Dominance Questioned North Korea Scares Investors on Independence Day U.S. markets are closed for Independence Day. Global stocks were mostly lower Tuesday as a decline in shares of U.S. technology companies the previous day reverberated overseas. The Stoxx Europe 600 edged down 0.1% in afternoon trading, following steeper losses… Continue reading Daily Markets Update, 4 July
Wall St. opened higher as tech selloff alts. Euro rollercoaster : Draghi misinterpreted by Markets. Global Bond Markets Gyrate as Investors Decipher ECB’s Next Move. The euro steadied after erasing gains when European Central Bank officials suggested financial markets misinterpreted comments from Mario Draghi on the rise of inflation. U.S.… Continue reading Markets Update, 28 June
American equities edged higher in afternoon trading. Falling technology stocks capped gains on the Nasdaq. Italy to Spend $19 Billion to Bail Out Banks. Strains Emerge as China’s Dollar Debt Piles Up. Gains in rate-sensitive shares pushed the S&P 500 Index higher, while the Nasdaq 100 Index erased all of… Continue reading Market Update, 26 June
Fall in Oil Prices Weigh: European Stocks and U.S. Futures lower on Oil Price drop British Pound drops on S&P Rating Outlook. European stocks gave up gains as a slump in commodities including oil and copper dragged down miners and energy shares. Shares of drilling and oil service companies… Continue reading Daily Markets Update, 20 June
European Stocks head north after French Elections. Investors snapped up cut-price retail and tech stocks. European stocks gained ground in morning trading Monday, following Asian markets higher ahead of a busy week. The Stoxx Europe 600 index was up 0.6% in European late morning trading. U.S. equity futures followed, with the… Continue reading Daily Markets Update, 19 June