Financial News for the Week of August 26, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Economic data this week were supportive of the narrative of ongoing improvement in activity. Despite a slight downward revision to estimated real GDP growth in the second quarter (1.1% from 1.2%), the details…
Financial News for the Week of August 19, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK The week offered plenty of data to gauge the strength of the global economic recovery, with the generally dovish rhetoric from major central banks, including the Fed, supporting global equities which also got a…
Financial News for the Week of August 12, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK U.S. stock markets reached new highs this week, with the S&P 500, Dow, and Nasdaq all breaking records, but the economic data has been disappointing. Retail sales data for July suggests a slow start to…
Financial News for the Week of June 24, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Markets were on tenterhooks all week in anticipation of the British referendum, with anxiety turning to panic overnight as Britain, in a historic vote, decided to leave the European Union (EU). Central banks…
Financial News for the Week of June 10, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Sparse economic data this week has left market participants dwelling on last Friday’s very weak jobs report. Chair Yellen’s speech on Monday did not reiterate the previously used phrase that the FOMC is…