US US. stocks closed 0.1% higher yesterday, recovering from losses at the start of the session following North Korea’s firing of a missile over Japan. Despite no significant change in the US economic backdrop, investor concerns surrounding North Korea is translating into a weaker dollar and lower rate hike expectations. Yields on benchmark 10-year Treasuries fell to […]
US Equity markets began the week on a cautious note while the US dollar remained under pressure following the absence of monetary policy clues in Jackson Hole speeches last week. The S&P 500 finished broadly flat yesterday, with Healthcare and Technology the primary outperformers and Financials and Energy notable laggards. Oil prices fell 1.0% as […]
US US stocks had a moderately positive session on Friday following the highly anticipated Jackson Hole speeches from key central bank figures. The S&P 500 gained 0.2%, with Telecoms and Energy contributing the most gains. Oil prices moved higher as observants watched the progress of Storm Harvey towards Texas. Brent Crude settled 0.7% higher and […]
US US stocks and the dollar rebounded yesterday as an absence of further negative news from the Administration in Washington DC and a lull in tensions between the US and North Korea encouraged a more risk-on mood. The S&P 500 gained 1.0%, with Technology and Materials stocks providing the most gains. Energy stocks were also […]
US US stocks began the week on a cautious note, inching 0.1% higher, as participants continue to focus on political uncertainty in Washington and simmering tensions between the US and North Korea. The dollar remained under pressure yesterday, trading 0.5% lower against the euro to $1.1808 ahead of the Jackson Hole symposium on Thursday. Oil […]
US – US stocks closed 0.2% lower Friday, erasing intra-day gains into the close as US political risk continued to dominate. Steve Bannon, President Trump’s chief strategist, became the latest high-ranking official to leave the White House on Friday. – The standout fall in stocks for the session came from the retail sector, with […]
US US. stocks declined, falling 1.4%, as geopolitical tension between the U.S. and North Korea continued to sap global equity markets. In economic news, US inflation data will be released today. U.S. inflation has missed estimates for four months in a row, but July may have broken the streak. The market will be focused on […]
US US Stocks were unchanged yesterday as U.S. President Donald Trump heightened his rhetoric against North Korea to an unprecedented level. In currency news, the dollar was little changed, with the Swiss franc registering the best performance against the greenback as the increased geopolitical tension drove investors towards safe haven assets. The focus for the US remains the […]
US § US equities suffered losses yesterday, falling 0.2%, led by weakness in energy names. § Exploration & Production companies were the leading decliners amongst energy names following disappointment about declining volumes and also the mix between oil and natural gas. § In bond markets today the focus will be on key jobs data released […]