Market Update – 17th July 2020 - 17th July 2020
Following the bounce in markets that we saw on Wednesday, broader markets closed down yesterday (Thursday 16 July 2020). This pull back was partly driven by […]
Following the bounce in markets that we saw on Wednesday, broader markets closed down yesterday (Thursday 16 July 2020). This pull back was partly driven by […]
The positive sentiment in global equity markets continued to build yesterday after the Philadelphia Fed President, Patrick Harker, said the Fed’s 2% inflation target should be […]
This week’s equity market moves provide a perfect illustration of the tug-of-war that has dominated recently. Yesterday evening, US equity markets rebounded strongly from Monday’s late […]
After an initial positive start to the week, US equity markets gave up all its gains in the last hour of trading (8-9pm UK time): having […]
Yesterday’s (Thursday 9 July 2020) important data release was the weekly US jobless claims: both the initial and continuing claims not only continued to decline (to […]
In the UK this morning, the FTSE-100 has drifted lower, ahead of this afternoon’s important weekly US jobless claims data. As we write, the FTSE-100 is […]
There isn’t any particular negative news to justify yesterday’s (7 July 2020) and today’s global equity market weakness, other than news that Brazil’s President, Jair Bolsonaro, […]
Chinese equity markets continue to steal the show: having ended yesterday (Monday 6 July 2020) with an impressive gain of 5.67%, the CSI 300 index rose […]
It has been a very busy 24 hours for economic data, the biggest of which was the US non-farm payroll data for June. In short, the […]
The tug of war between an economic recovery versus a rise in coronavirus cases and geopolitical tensions continues to yo-yo equity markets. However, this morning the […]