Weekly Market Update

Global Market News Global equities riseGlobal equities rose this week. The yield on the US 10-year Treasury note increased 3 basis points to 1.20% while oil prices continued to rise. The price of a barrel of West Texas Intermediate crude oil increased nearly 5%,...

Weekly Market Update

Global Market News Global equities rallyGlobal equities rallied this week after dropping more than 3% last week. The yield on the US 10-year Treasury note rose to 1.17% while oil prices soared. The price of a barrel of West Texas Intermediate crude oil jumped more...

Weekly Market Update

Global Market News Global equities down on the weekGlobal equities were down on the week despite President-Elect Joe Biden’s proposal of another Covid-19 relief package. The yield on the US 10-year Treasury note changed little on the week, ending at 1.09%. The...

Weekly Market Update

Global Market News Global equities continue their riseOverlooking the chaotic events in Washington D.C. this week, global equities made gains. The yield on the 10-year US Treasury note rose above 1.00% for the first time since the beginning of 2020, ending the week at...

Weekly Market Update

Happy Holidays from the BlackSummit team!Due to Christmas and the New Year, the Weekly Market Update will not be published on December 26th or January 2nd. Global Market News Global equities reach record levelsGlobal equities reached record levels this week as...

Weekly Market Update

Global Market News Global equities fall on the weekAfter entering record-high territory last week, global equities fell this week as global Covid-19 cases continued to rise sharply. The yield on the 10-year US Treasury note dropped to 0.89% from 0.96% last week while...