by Rachel Poole | Apr 18, 2020 | Uncategorized, Weekly Market Update
Global Market News Global equities make gainsGlobal equities made gains this week despite grim economic data reports. However, the yield on the US 10-year Treasury note dropped 11 basis points to 0.62%. The price of a barrel of West Texas Intermediate crude oil fell...
by Rachel Poole | Apr 11, 2020 | Uncategorized, Weekly Market Update
Market Action Global equities performed higher on the week as many hope the coronavirus pandemic is reaching its peak. The yield on the US 10-year Treasury note rose to 0.73%. On the other hand, the price of a barrel of West Texas Intermediate crude oil continued to...
by Rachel Poole | Apr 4, 2020 | Uncategorized, Weekly Market Update
Market Action Global equities were lower on the week and US Treasuries continued their fall. The US 10-year Treasury note fell 0.18% to 0.58%. The oil sector had a bit of a rally causing the price of a barrel of West Texas Intermediate crude oil to rise $5.50 to $27....
by Rachel Poole | Mar 28, 2020 | Uncategorized, Weekly Market Update
Market Action Global equities rallied a bit this week as we had a few days of gains in the markets. However, markets continued to decline on Friday and many experts believe we are still in for major decreases as the COVID-19 crisis rages on. The yield on the 10-year...
by Rachel Poole | Mar 21, 2020 | Uncategorized, Weekly Market Update
Global equities continued their decline this week amid the continuation of the COVID-19 global health crisis. Volatility remained extremely high, reaching 85 on Wednesday before dropping back down to 63 on Friday. The yield on the US-Treasury note rose 0.16% to 1.08%...
by Rachel Poole | Mar 14, 2020 | Uncategorized, Weekly Market Update
Market Action Global equities were dramatically lower on the week, officially entering bear territory for the first time in 11 years. On Thursday, the S&P 500 suffered its largest one-day percentage drop since 1987 while Europe suffered is largest one-day drop on...