Moody’s Downgrades UK Outlook to Negative
November 11, 2019UNITED STATES US stocks closed at fresh records on Friday, edging up despite remarks by senior US government figures that the tariff rollbacks hadn’t yet been agreed. Senior US trade…
Aramco ups 5-year Dividend Forecast ahead of IPO
November 8, 2019UNITED STATES Fresh highs were recorded for US stocks on Thursday despite reports that there was internal opposition in the White House to plans for tariff rollbacks announced earlier in…
US, China Agree on Phased Tariff Rollback
November 7, 2019UNITED STATES US stocks closed mixed on Wednesday following days of notching record highs as reports surfaced that the Phase 1 US-China trade deal could be delayed until December added…
Aramco’s IPO Begins in Earnest
November 5, 2019UNITED STATES Better-than-expected corporate earnings added to the positive sentiment regarding the trade war to spur US stocks to record highs on Monday. 76% of 356 companies in the S&P…
US posts strong October jobs report
November 4, 2019UNITED STATES US stocks inked fresh records on Friday spurred by a better-than expected jobs report, outweighing the negative sentiment that came with manufacturing remaining in contraction territory. The US…
Ruble Bonds Have Record Rally in October
November 1, 2019UNITED STATES US stocks closed lower on Thursday as negative sentiment on the trade deal added to further evidence of manufacturing slowdown to weigh down stocks. Bloomberg reported that Chinese…
Fed Signals Pause in Easing after Latest Rate Cut
October 31, 2019UNITED STATES The Fed cut a quarter points off the benchmark rate on Wednesday to spur gains on US stocks with the S&P notching a record close. The S&P gained…
Commons Approves December 12 General Election
October 30, 2019UNITED STATES US stocks retreated on Tuesday as earnings misses in tech shares weighed down indices ahead of the Fed’s FOMC meeting on Wednesday. Google parent, Alphabet, missed earnings target…
S&P Closes at Record High Amid Trade Deal Optimism
October 29, 2019UNITED STATES US stocks opened the week on a high spurred by outperformance in corporate earnings and increased optimism over the completion of a Phase 1 trade deal between the…
Turkey makes another deep rate cut
October 25, 2019UNITED STATES US stocks closed mixed on Thursday following a flood of corporate earnings in what was the busiest day of the earnings season so far. The DOW was the…