U.S. stock futures point to modest gains
December 8, 2021Stocks were steady after Tuesday’s rally as investors weighed concerns about the omicron variant, while China policies helped buffer against fallout from mounting property debt distress. The Dow Jones Industrial Average…
Brazil inflation to top 5% upper band: economist survey
December 7, 2021US stocks kicked off the week in the green as the market largely shook off omicron concerns from the previous week. The DOW led gains, up 1.87% while the S&P…
Markets end lower on Omicron worries
December 6, 2021Wall Street’s major indexes closed lower on Friday, with the Nasdaq leading the declines as investors bet that a strong jobs report would not slow the Federal Reserve’s withdrawal of…
US stocks volatility soars on the pandemic news
December 3, 2021Stocks jumped, continuing a tumultuous week for markets driven by uncertainty about the potential impact of the Omicron variant on public health and the economy. The S&P 500 gained 1.42%…
Stocks falter on Omicron variant concerns
December 2, 2021Wall Street’s major averages fell more than 1% on Wednesday after a morning rally faded as investor angst about the latest coronavirus variant soared with the first U.S. case confirmation…
Ghana budget finally passes with a scale-back of the…
December 1, 2021US stocks fell back in the red on Tuesday, erasing Monday’s rebound as contrasting news on the efficacy of current vaccines against the omicron COVID variant filtered through. Adding to…
Markets recover as investors reassess Omicron variant damage
November 29, 2021Markets have traded higher this Monday, unwinding some of Friday’s losses, as investors reassess the potential economic damage of the newly discovered Omicron Covid variant. The new coronavirus variant has…
With US markets closed for thanksgiving holiday focus is…
November 25, 2021A tech shares bounce moved European equities higher on Thursday following similar moves in US and Asia. Strong data in the US yesterday, which is combined with elevated inflation could…
Benin requests new IMF-supported program
November 24, 2021Stocks were mixed Wednesday and Treasury yields declined as traders weighed economic risks from tighter monetary policy while awaiting key U.S. data as well as the latest Federal Reserve minutes. A climb…
Lira freefall continues as Erdogan digs in on rate…
November 23, 2021US stocks closed mostly lower on Monday with stocks giving up gains that followed Powell’s confirmation by President Biden to continue as Fed Chair. The NASDAQ led losses, down 1.26%…