US US. stocks fell, declining 0.8%, ending a six-day rally, as tensions with North Korea mounted and another Atlantic hurricane threatened to make US landfall. In line with the move in stocks, U.S. 10 year Treasury yields fell amid lingering unease over North Korean plans for a ballistic missile launch, while Hurricane Irma threatened a region already […]
US US markets were closed yesterday for the Labour Day holiday. The S&P 500 rose 1.4% overall last week after gaining 0.2% on Friday. News surrounding the North Korea nuclear test over the weekend is likely to weigh on US stocks today. Europe European equities fell yesterday after a North Korea nuclear test on […]
US US Stocks gained 0.2% on Friday while Treasury yields rose leading to bond price declines. The moves followed a weaker than expected August payrolls report, a labour market measure that investors look to for an indication on Fed Policy direction. In other economic releases on Friday, U.S. factory releases reflected the fastest pace of […]
US US stocks closed higher for a fifth consecutive session yesterday, gaining 0.6%, with Healthcare the standout performer. The dollar oscillated between gains and losses yesterday as US Treasury Secretary Steven Mnuchin said a weaker currency is “somewhat better” for trade. Mnuchin also said that the Administration has a “very detailed” tax reform plan, adding […]
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 […]