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
S&P Futures Flat, Spain Rebounds, Nikkei Closes At 21 Year High. Spain PM Rajoy Begins Process that may Suspend Catalan Autonomy. World stock markets hit record highs as Catalonia independence crisis eases. European stocks drop after Japan’s Nikkei hits 21-year high. Spanish stock market has opened strongly, on relief that the Catalan… Continue reading Daily Markets Update, 11 October
Global Stocks Keep Climbing. Euro pressured by Tensions in Spain. Spain risk spreads keep widening. Spanish bonds, stocks under pressure. The euro slipped on Monday after police-marred-violence independence vote in Spain’s Catalonia region fueled anxiety over political risk in the euro zone. Stocks mostly started the month higher Monday even as escalating tensions around Catalonia… Continue reading Daily Markets Update, 2 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
Euro down as investors prepare for Germany coalition talks. European markets mixed German elections pose doubts ahead. Abe Announces Japan Snap Election Spain Government ramps up efforts to quash Catalonia referendum Global stock markets struggled to find direction Monday as investors digested German election results that secured Chancellor Angela Merkel a fourth term… Continue reading Daily Markets Update, 25 Sept
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.
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