29th May 2020
Yesterday’s (28 May 2020) economic data was very encouraging with clear green shoots of a post-lockdown recovery.
28th May 2020
Global equity markets continued to rise yesterday (27 May 2020) as economic reopenings, stimulus measures and optimism about efforts to find a treatment and vaccine for the coronavirus outweighed the simmering geopolitical tensions between the US and China.
27th May 2020
US equity markets opened up strongly yesterday (26 May 2020) and at one point the Dow Jones traded above 25,000 for the first time since 10 March 2020, while the S&P 500 index crossed the 3,000 level for the first time since 5 March 2020
22nd May 2020
Yesterday’s (21 May 2020) US initial jobless claims data came in at 2.44m for the week ending Saturday 16 May 2020.
21st May 2020
US equity markets yesterday reversed Tuesday’s (19 May 2020) late sell-off, with the Dow Jones ending the day up 369 points, or 1.52%, while the broader S&P 500 index climbed 1.67%, after the Fed released minutes from its last monetary policy meeting (28-29 April 2020).