by Rachel Poole | Dec 19, 2020 | Uncategorized, 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Happy Holidays from the BlackSummit team!Due to Christmas and the New Year, the Weekly Market Update will not be published on December 26th or January 2nd.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...
by Rachel Poole | Dec 12, 2020 | Uncategorized, 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...
by Rachel Poole | Dec 5, 2020 | Uncategorized, Weekly Market Update
Global Market News Global equities approach record-highsGlobal equities approached record-high territory this week on expectations of a fast rollout of several Covid-19 vaccines and the hopes that more fiscal stimulus is on its way soon. The yield on the US 10-year...
by Rachel Poole | Nov 21, 2020 | Uncategorized, Weekly Market Update
Global Market Update Global equities make slight gainsGlobal equities were slightly up this week, despite the fact that Dow Jones and S&P 500 closed down 0.73% and 0.68% respectively on Friday. The 10-year US Treasury Note yield fell 7 basis points to 0.83%, and...
by Rachel Poole | Nov 14, 2020 | Uncategorized, Weekly Market Update
Global Market News Global equities make gainsGlobal equities made gains this week after promising vaccine news hit the press. The S&P 500 rose more than 2% over the week and the US 10-year Treasury note rose 11 basis points to 0.89%. The price of a barrel of West...
by Rachel Poole | Nov 7, 2020 | Uncategorized, Weekly Market Update
Global Market News Global equities continue their fall Despite not having a final election result, volatility dropped this week and global equities made substantial gains. The Cboe Volatility Index (VIX) fell from 37 last week to 24 at market close. The yield on the...