Fed Strikes Hawkish Tone as it Cuts Rate
September 19, 2019UNITED STATES US stocks closed only modestly higher save the NASDAQ which shed 0.11%. The DOW and the S&P closed 0.13% and 0.03% respectively. Treasury yields rose after the decision…
Brent Posts Highest Ever Surge Following Attacks on Saudi…
September 16, 2019UNITED STATES The DOW eked out an eighth-straight gain on Friday as US-China tensions eased and central banks released stimulus measures. The DOW closed just in the green at 0.14%…
ECB delivers fresh stimulus package
September 13, 2019USA US stocks closed in the green on Thursday with the DOW notably marking its longest winning streak in over a year following a softening of US-China trade aggressions coupled…
US and China Suspend Tariffs Ahead of October Meeting
September 12, 2019UNITED STATES US stocks closed higher on Wednesday on a day that saw the DOW and S&P move closer to their all-time highs. The DOW moved within 0.8% of its…
Germany sticks to balanced budget for 2020
September 11, 2019UNITED STATES US stocks closed at session highs on Tuesday as a late rally in cyclical stocks dwarfed a sell-off in tech shares. Tech shares took a hit following the…
Boris Loses General Election Vote
September 10, 2019UNITED STATES The DOW logged a fourth successive gain on Monday but was the only bright spark on a day that did not have major market-moving news. The DOW was…
US August Labour Figures Weaker than Expected
September 9, 2019UNITED STATES US stocks closed mixed on Friday taking cue from jobs data released on Friday which drew mixed sentiment on Friday. August labour figures grew 130,000 against an expected…
Strong US Payroll Data and Positive Trade War News
September 6, 2019UNITED STATES Yesterday was an eventful day in the bond markets as it marked a major set back in. We saw a yield spike in European rates with Italy leading…
Rates Rallied Too Much?
September 5, 2019ASIA Asian stock markets were in the green today, heading for their biggest 2 day gain since June on the back of the development in the US-China trade talks. The…
The PM Johnson was Defeated in Parliament Yesterday
September 4, 2019UNITED STATES US stocks fell together with the T yields yesterday the US ISM manufacturing data surprised the market with the worse than expected data (down 2.1 pts to 49.1…