Yield on US Treasuries Slides
May 24, 2019UNITED STATES US stocks shed over 1% as they continued their trend in the red. The DOW shed 1.11%, the NASDAQ was 1.58% down while the S&P closed 1.19% lower.…
Theresa May Loses House of Commons Leader
May 23, 2019UNITED STATES US stocks slid back in the red with the DOW -0.39%, the NASDAQ -0.45% and the S&P -0.28%. Minutes for the Federal Open Market Committee’s latest meeting indicated…
Russia Oil Sales to the US
May 22, 2019UNITED STATES US stocks finally bucked the trend and closed in the green in the wake of the temporary relief for networks that use Huawei equipment. The DOW was up…
Reprieve for Huawei Ban
May 21, 2019UNITED STATES US stocks continued their downward trend as investors had concerns over how the Huawei ban would affect US companies. Tech-heavy NASDAQ led the slide at -1.46% with the…
Labour walks out on Brexit talks
May 20, 2019UNITED STATES U.S. stocks closed the week in the red with the NASDAQ making the greatest losses at -1.04%. The DOW and S&P closed 0.38% and 0.58% down respectively. The…
Theresa May to Set Resignation Roadmap
May 17, 2019UNITED STATES US stocks rose for a third day running recording gains of 0.84% for the DOW, 0.97% for the NASDAQ and 0.89% for the S&P. Strong earnings from Cisco…
Record Russian bond auction
May 16, 2019UNITED STATES US stocks closed in the green as the market largely welcomed President Trump’s decision to give Japan and the EU 180 days to agree to a deal that…
Turkey out of recession?
May 15, 2019UNITED STATES US stocks rebounded yesterday as fears of an extreme escalation of a trade war somewhat subdues with President Trump downplaying the unease calling it a “little squabble”. The…
China Announcing Plans
May 14, 2019UNITED STATES U.S. stocks sank to their lowest levels in months after China retaliated with higher tariffs on a variety of American goods. The DOW and the S&P had their worst day…
Two Oil Tankers Came under Attack
May 13, 2019UNITED STATES Trade talks between the U.S. and China ended without resolution last week resulting in President Trump continuing his Twitter offensive warning China that it “would be wise” on…