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.
Euro Stronger on Draghi´s Tapering comments. Dollar Tumbles to lowest since Jan 2015. Mexico earthquake sparks Tsunami warning; Korea risks linger. Treasuries yield touches new low for 2017 Gold rises further to touch highest level since August European stock indices slip The dollar is losing ground against both the yen and euro as a… Continue reading Markets Daily, 8 September
U.S. Stocks Open Higher despite North Korea And Hurricanes Global Stocks Follow U.S. Lower as Fears Grip Investors. Sell off in financials continues to take toll on European bourses. Financial stocks under pressure as sovereign debt yields stay at lows Gold, yen and franc up as cautious trade continues. Stocks… Continue reading Daily Markets Update, 6 September
Business Surveys Boost Euro, Bond Yields. Stock Rally Fizzles After Trump Speech. Trumps above all Wants his Wall. “If we have to close down our government, we’re building that wall,” Trump told thousands of supporters gathered in Phoenix for a campaign-style rally. “One way or the other, we’re going to get… Continue reading Daily Markets Update, 23 August
Wall Street edged lower led by technology and financials European shares risk-off moves continue. Yellen Draghi: inflation remains inexplicably low. Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi will be among the officials addressing this year’s installment of the annual conference hosted by the Kansas City Fed. The… Continue reading Markets Update, 21 August
Strong earnings and higher commodities : Global Shares Advance. Europe tracks Asia on Earnings and promising economic data. Dow Set To Open Above 22,000 Dollar edged up slightly from 14-month lows EURUSD at $ 1.1818. Equity markets gained on strong corporate earnings and higher commodity prices. Asian equities traded higher across the… Continue reading Daily Markets Update, 1 August
Global Markets Rebound ending a Volatile Week Commodities and WS help Global stocks inch higher European Shares follow Wall Street higher. Just a few days after the biggest rout in US stocks in many months and after Brazil stock market triggered all alarms and a circuit braker halted the market when losses wiped… Continue reading Daily Markets Watch, 19 May