US US equity markets, led by Healthcare, Energy and Materials stocks, rose to fresh record highs yesterday, as the S&P 500 gained 0.5%. The US dollar rebounded off 10-month lows against a basket of peers as the euro traded lower ahead of the ECB meeting today. The dollar is trading at $1.152 having been as […]
bii-global-investment-outlook-midyear-2017
US The US dollar slid to a 10-month low against a basket of currencies yesterday as the failure of Republicans to push through healthcare reform cast doubts over the likelihood of the Trump administration’s infrastructure and tax reform agendas. The S&P 500 was little changed for the session, however, remaining within touching distance of Friday’s […]
US The S&P 500 closed fractionally lower yesterday, broadly holding Friday’s record highs. Basic Materials stocks were the primary outperformer for the session, buoyed by strong gains in metal prices following upbeat Q2 Chinese GDP growth figures. The dollar traded marginally lower against the euro, extending recent weakness post the disappointing inflation data. It was […]
US The S&P 500 closed at a fresh record high Friday, advancing 0.5%, despite a 0.5% decline for Financials and soft consumer inflation and retail sales data. Real Estate and Technology stocks were the biggest outperformers for the session, gaining 1.1% and 0.9% respectively. Financials underperformed the broader market as investors were left underwhelmed by […]
Market Headlines US US equities rose within touching distance of record highs amid renewed optimism that the Federal Reserve would maintain a gradual path of policy normalisation, while the dollar steadied and US treasuries gave back some of the previous sessions gains. Oil prices rose for a fourth consecutive session, with Brent closing up 1.4% […]
Market Headlines US US equity and Treasury prices rose (yields fell) as markets digested dovish comments from Fed Chair Janet Yellen yesterday. The S&P 500 closed 0.7% higher, with Technology and Real Estate contributing the most gains. The Federal Reserve chair said US policymakers were watching inflation very closely given its failure to pick up […]
US Fresh concerns about the Trump campaign’s involvement with Russia during last year’s presidential election helped fuel a brief bout of selling on Wall Street that took the S&P 500 down as much as 0.6 per cent intra-day. However, the US equity market benchmark settled just 0.1% softer by the close of trading, as strength […]
US Equity markets in the US finished last week on the front foot. The S&P 500 closed 0.6% higher on Friday following the broadly positive employment report, with tech stocks leading gainers. Friday’s employment report highlighted strong employment growth in the US last month (222k jobs added in the month versus expectations of 178k). However, […]