financial news
Financial News for the Week of December 9, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Domestic data took a backseat to this week’s developments out of Europe with major political developments in Italy early in the week. On Thursday, the ECB revealed a reduction to its monthly asset purchases…
Financial News for the Week of December 2, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Bonds sold off for the fourth consecutive week, while equity markets are set to decline for the first time since the U.S. elections. Investors have likely engaged in some profit taking in advance of next week’s…
Financial News for the Week of November 25, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK U.S. stock markets continued to rise, with all three major indices reaching record highs. Economic data on the domestic front was generally constructive, with a number of indicators surprising to the upside.…
Financial News for the Week of November 18, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK The Trumpflation trade continued this week with emerging markets and bonds selling off, as money piled into U.S. equities. The U.S. dollar remained well supported this week, with domestic economic data…
Financial News for the Week of October 28, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK The odds of a rate increase in December have continued to climb higher this week, rising to about 75% from 67.5% a week ago and 54% last month. Expectations were buoyed by hawkish Fedspeak and solid domestic…
Financial News for the Week of October 21, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Stocks are poised to finish the week in positive territory for the first time in a month, helped by a good start to earnings season which suggests the U.S. profit recession is likely coming to an end. U.S. data…
Financial News for the Week of October 14, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK After last week’s ‘Goldilocks’ jobs report, the positive data stream continued for the U.S. economy, with retail spending in September rising by the most in three months. Taken together, both reports provide…
Financial News for the Week of October 7, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK While attention is focused on Hurricane Matthew, at least there was some good news from the U.S. economy. Both ISM sentiment indices pointed to greater confidence in September for manufacturing and services. A…
Financial News for the Week of September 30, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK Concerns over German banks and a surprise production cut announcement by OPEC provided some volatility to financial markets this week. Economic data was mixed this week. Second quarter real GDP was revised up…
Financial News for the Week of September 23, 2016
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK The Bank of Japan announced two new policy measures this week, aiming to target the interest rate on the longer-end of the curve at zero, and pledging to let inflation overshoot the target – effectively…