Weekly Market Update

Market Action Global equities showed a solid advance on the week, helping push the major US benchmarks back into positive territory for the year to date. Crude oil prices reached their highest levels since December 2014. President Trump withdrew the US from the 2015...

Weekly Market Update

Market Action Global equities were little changed on the week, recovering ground lost at midweek. The yield on the US 10-year Treasury note rose three basis points from last Friday, briefly topping 3% on Wednesday (the first time that threshold had been breached in...

Weekly Market Update

Market Action Global equities rose modestly this week, boosted by broad strength in commodities and a strong start to earnings season. The blended earnings growth rate, which combines the S&P 500 companies that have reported results with estimates for those that...

Weekly Market Update

Market Action Global equities climbed this week despite fluctuating sentiment about the prospects of a trade war between the US and China and heightened geopolitical tension over Syria. Oil prices rose to their highest levels since 2014. News regarding trade frictions...

Weekly Market Update

Market Action China’s yuan-denominated crude-oil futures surged on their debut Monday. Beijing hopes the new market will eventually give the country an oil benchmark to rival WTI in the U.S. and Brent Crude in Europe. China is the world’s biggest importer of oil after...