Interest Rates Stay Steady
March 21, 2019UNITED STATES The FOMC decided to keep the US interest rate steady during yesterday’s meeting, reflecting concerns over slowing economic growth. FOMC also signaled it won’t tighten the interest rates…
FOMC: Projections & Interest Rate Decisions
March 20, 2019UNITED STATES Following a start in the green for US equities the gains were cut back after Bloomberg reported the US-China trade talks may be in a worse state than…
Third Vote on the Brexit Deal
March 19, 2019UNITED STATES US stocks traded in the green on Monday, inching close to four-month highs. Dow Jones added 0.25%, S&P and Nasdaq were up 0.37% and 0.34% respectively. Investors are…
Deutsche Bank & Commerzbank in Talks
March 18, 2019UNITED STATES American stocks traded in the green despite Boeing stock slipping almost 15% since the 737 max incident. Dow Jones traded up 0.54%, Nasdaq and S&P gained 0.76% and…
UK parliament votes out no-deal Brexit
March 14, 2019USA US stocks traded in the green on Wednesday mainly due to signs of lower inflation. S&P gained 0.7%, as did Nasdaq, Dow Jones followed suit, up 0.6%. The yield…
Theresa May suffers a crushing defeat in the parliament…
March 13, 2019UNITED STATES The US stocks mostly traded higher on Tuesday, S&P gained 0.3%, Nasdaq added 0.4%. Only Dow weakened (-0.4%) as it was under pressure from a sell-off of Boeing…
Uncertainty ahead of Tuesday Brexit Vote
March 11, 2019UNITED STATES US macroeconomic data turned out worse than expected, as non-farm payrolls grew only by 20 000 compared to the 180 000 forecasts. US stocks traded in the red…
Markets Reaction on the ECB’s Announcement
March 8, 2019EUROPEAN UNION The comments from the ECB yesterday were even more dovish than expected. The bank proposed a new offer of cheap funding for the eurozone banks. The ECB president…
US Trade Deficit Rose to a 10-year High
March 7, 2019UNITED STATES US stocks traded in the red on Wednesday, Dow Jones and S&P were down 0.52% and 0.65% respectively, Nasdaq lost 0.93%. US trade deficit rose to a 10-year…
Greek Bonds being Auctioned Again
March 6, 2019UNITED STATES US stocks continued the Monday’s red trend, Dow Jones was down 0.05%, S&P and Nasdaq were down 0.11% and 0.02% respectively. The yield on 10Y UST slipped 2bps…