By: Joel Charalambakis | On: July 29, 2017 |

Weekly Market Update

 Market Action Spanish GDP accelerated at its fastest rate in two years during the past quarter. Spain’s economy grew over 3% over the past year according to recent data released. […]

By: Joel Charalambakis | On: July 23, 2017 |

Weekly Market Update

 Market Action China’s economy accelerated its growth rate in Q2 to 6.9%, with consumer spending, factory output and investment all posting strong figures. Retail sales were also at their strongest […]

By: Joel Charalambakis | On: July 15, 2017 |

Weekly Market Update

 Market Action The Bank of Canada raised interest rates for the first time since 2010 this week from 0.5% to 0.75%. The tighter policy comes amidst upward revisions to forecasts […]

By: Joel Charalambakis | On: July 9, 2017 |

Weekly Market Update

 Market Action The U.S. economy added 222,000 in the month of June according to Friday’s employment report, which included an upward revision of to May’s report as well. While the […]

By: Joel Charalambakis | On: July 1, 2017 |

Weekly Market Update

 Market Action The Federal Reserve approved the capital plans of the 34 largest financial institutions in the U.S. The plans were the second half of the central bank’s annual stress […]

By: Joel Charalambakis | On: June 24, 2017 |

Weekly Market Update

 Market Action Healthcare stocks posted one of their strongest weeks of the year and now represent the second best performing group in 2017 so far. The rise coincides with release […]

By: Joel Charalambakis | On: June 4, 2017 |

Weekly Market Update

 Market Action The U.S. unemployment rate sank to its lowest level in 16 years after the May jobs report. The report says roughly 50,000 fewer jobs were created than the […]

By: Joel Charalambakis | On: May 28, 2017 |

Weekly Market Update

Market Action Moody’s lowered China’s credit rating by two notches this week citing surging liabilities and weakening financial strength within the country. The move marks the first rating downgrade of […]

By: Joel Charalambakis | On: May 21, 2017 |

Weekly Market Update

 Market Action The Euro hit its highest level in several months this week as the dollar fell for over five consecutive days. German elections that point to Merkel being reelected, […]

By: Joel Charalambakis | On: May 14, 2017 |

Weekly Market Update

 Market Action The U.S. and China stuck an agreement on a 10 point trade package on Friday centered around good and services such as beef, poultry, natural gas, financial services […]