This week in global finance, U.S. stock markets dropped at the end of a tepid week on expectations of a slow increase to interest rates from the Fed, marking a lull in the S&P 500’s march to record highs this year. Oil posted a steady recovery over the last week, supported by a weak US […]
This week in macroeconomics saw a drop in the US dollar index on the basis of poor economic performance in the second quarter, a middling US stock market as tech companies compensating for flops in the oil industry, and the beginning of the Bank of Japan’s purchase of exchange traded funds to support their economy. […]
This week in the global economy, Wall Street takes the spotlight in finance performance with a fourth consecutive week of gains, led by positive reports in corporate earnings. After digesting the news of Brexit, stock markets in the US, Europe and Japan are trading with more stability and the central banks of each respective economy […]
This week in global finance, the US stock market posted its third consecutive week of gains as retail growth outdid expectations and the Chinese economy reported unexpected growth this quarter. Despite poor performance from major US banks, equities, indices and commodities all managed to trend higher this week. For coffee specifically, the US dollar marked […]
This week in international economics defined markets with further concern for a global economic slowdown. Opinions can be found on both sides of the fence with some economists seeing a potential recession amidst Brexit turmoil, limited European growth and reduced Asian output, while others claim that deceleration is a normal result of the labor market […]
This week in global finance, US markets posted a cautious recovery from the Brexit downturn with equities, indices and commodities showing gains at the end of trading today after news that the Bank of England could cut interest rates. US payroll reports will be issued next week and markets will look to the Fed for […]
This week’s events in global finance were rendered meaningless by the British referendum to leave the European Union. British voters’ decision to exit the EU sent shock-waves throughout financial markets, causing commodities, indices and stocks to plunge, and striking a blow to the value of the pound and the euro as well. Final implications for […]
The last two weeks in macroeconomics revealed a more vulnerable financial configuration as new hires and home sales in the US dropped, the Federal Reserve stayed its hand from increasing interest rates after publishing a reduced forecast for economic growth and the Dow Jones, Nasdaq and S&P 500 indices all ended lower. The UK referendum […]
C Market: Support the Resistance This week in macroeconomics, the US Labor Department reported the smallest gain in non-farm payrolls, a key indicator of economic well-being. Considering the overall slowdown in the American economy in the first quarter as evidenced by reported downturns in retail and manufacturing output, the payroll report simply adds to the […]
C Market: Spring Back, Smack Down by Kevin Morales This week in global finance the US Federal Reserve stated that it perceived economic growth to be on track as home sales rose and hiring improved, renewing its commitment to raising interest rates. The dollar continues to firm up, nearing parity with euro and causing tension […]
