Stocks Hit New Record Highs Tech, bank stocks lift Wall Street Dollar Jumps On Senate Vote Japan on the best stock run strike ever. Euro slips as investors eye Spain. Catalonia Crisis reaching breaking point Catalan economy hit in muddling waters. Technology and bank stocks lifted Wall Street on Friday and investor… Continue reading Markets Update, 20 October
Dow crosses 23,000 The Euro declined for a fourth day, the longest streak since May UK inflation hits new five-and-a-half-year high The Dow Jones Industrial Average crept above 23000 for the first time Tuesday, buoyed by gains in shares of health-care companies. Just four weeks since The Dow crossed 22,000, but thanks to Goldman, Boeing,… Continue reading Markets Update, 17 October
Fed´s Janet Yellen : Rates will Raise Gradually despite Low Inflation Mystery Stocks Climb on Fed Outlook. Dollar strengthens, Gold , US Treasuries slip. Trump´s Tax Reform On The Radar Yellen: keeping interest rates low for too long could cause inflation to grow too rapidly and inflate new financial bubbles. The… Continue reading Markets Update, 27 Sep
Inflation Mystery at the Fed, but Hikes are coming in December. Banks shares boost by Fed Signals European bank shares jump U.S. stocks seen steady near record highs Bank of Japan keeps policy unchanged S&P rating Agency cuts China rating : Debt Growing Spanish Gov. Fearmongering: “Catalonia faces Impoverishment”. … Continue reading Daily Markets Update, 21 Sept.
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.
US Stocks Hit All-Time High Ahead of Fed Meeting Gold Tumbles Most Since July, Bitcoin Bounces Pound Falls on Carney Comments UK Interest Rates Likely to Rise Over Coming Months The Dow Jones hit an all-time high of 22,318 a few minutes after the open on Monday as investors… Continue reading Daily Markets Update, 18 September
Wall Street Indexes on new Record Highs. English Pound Soared, Yen Tumbled: North Korea Threat Ignored. BoE Keeps Key Interest rate unchanged. Oil trades near five-week high after reaching $50 a barrel. Stocks returned to record territory this week, with the S&P 500, Dow industrials and Nasdaq Composite notching fresh closing… Continue reading Markets Update, 15 September