Weekly Market Update

Market Action Global equities edged lower on the week, weighed down by contagion fears emanating from an intensifying Turkish currency crisis. The yield on the US 10-year note fell in reaction to the situation, slipping to 2.87% from 2.97% a week ago. The price of a...

Weekly Market Update

Market Action The major US stock market benchmarks closed slightly positive for the week, while ex-US equities declined modestly on the week. The yield of the benchmark 10-year Treasury note was little changed for the week, ending at 2.95% after having stalled near 3%...

Weekly Market Update

Market Action Global equities advanced on the week, underpinned by signs that trade tensions between the United States and the European Union are easing, generally solid earnings reports and upbeat economic growth data from the US. The yield on the US 10-year Treasury...

Weekly Market Update

Market Action US stock markets were relatively unchanged for the week despite continued fears of a trade war, with the Dow ending +0.2%. The S&P 500 rose by less than 0.1% and the Nasdaq declined by less than 0.1%. European stocks turned lower on Friday, as the...

Weekly Market Update

Market Action Global equities rose on the week despite elevated trade tensions, with US stocks ending the week less than 3% below all-time highs reached in January while Japanese stocks posted their best weekly gain in the past six months. Although the trade picture...

Weekly Market Update

Market Action German Chancellor Angela Merkel agreed to set up border holding camps for asylum seekers in a deal that could stave off a collapse of her government but puts her legacy of welcoming refugees and preserving open borders on the line. She now faces problems...