German Business Sentiment Takes a Turn for Worse
January 28, 2020UNITED STATES US stocks closed sharply lower on Monday as markets continued to reel from the continued spread of the coronavirus. The death toll continues to mount as cases of…
Salvini’s League Party Defeated in Italy’s Emilia-Romagna Vote
January 27, 2020UNITED STATES Concerns over the spread of the coronavirus outweighed strong earnings reports to send US stocks lower on Friday. With cases of infection having been confirmed in France as…
Oil Spikes as Iran Attacks US Bases in Iraq
January 8, 2020UNITED STATES US-Iran tensions came to the fore on Tuesday to send stocks lower despite favourable economic reports. Energy names were the biggest drags on indices as oil companies evacuated…
Stocks Rise Amid Little Escalation in US-Iran Tensions
January 7, 2020UNITED STATES US stocks brushed off the tensions in the Middle East to close higher on Monday in the process posting their biggest intraday comeback in 3 months. Stocks had…
Markets little moved as Trump is impeached in House…
December 19, 2019UNITED STATES US stocks closed mixed on Wednesday as a boost in investor sentiment following the trade deal tailed off. President Trump was meanwhile impeached in the Democrat-led House over…
Slowing in UK Manufacturing Raises Recession Fears
December 17, 2019UNITED STATES The upbeat mood following the conclusion of the Phase 1 deal spurred US stocks to close higher on Monday, notching fresh records in the process. US Trade Representative…
Phase 1 US-China Deal Agreed
December 16, 2019UNITED STATES US stocks closed slightly higher on Friday, albeit off intraday highs, as officials on both sides of the Pacific announced a Phase 1 US-China trade deal. While the…
Tories Resoundingly Win in UK General Election
December 13, 2019UNITED STATES Us stocks closed at fresh records amid signals that the Phase 1 deal may be very close. President Trump tweeted that the US was getting “very close” to…
Fed Should be the Main as it Directs Markets
December 12, 2019UNITED STATES US stocks closed in the green on Wednesday to end a run of losses following a rather dovish Fed FOMC meeting. Fed Chair Jerome Powell signaled that only…
Aramco valued at $1.7 Trillion in record IPO
December 6, 2019UNITED STATES US stocks closed just higher on Thursday as optimism on the trade war outweighed the slide earlier in the day. The trade deficit also fell 7.6% in October…