Weekly Market Update

Market Action Global equities rebounded this week, spurred by calmer emerging markets and modest hopes that US-China talks will defuse growing trade tensions. The yield on the US 10-year Treasury note extended its rise to 3%, up 18 basis points from two weeks ago. The...

Weekly Market Update

Market Action Global equity prices slipped on the week amid ongoing emerging market concerns. The yield on the 10-year US Treasury note rose 12 basis points to 2.94% as US labor data showed an uptick in wages. The price of a barrel of WTI crude oil slipped to $67.20 a...

Weekly Market Update

Market Action The S&P 500, Nasdaq 100 and Russell 2000 indices all hit new record highs this week. The yield on the US 10-year Treasury note edged up 2 basis points to 2.84% while the price of a barrel of WTI crude rose 1.57% to $69.80 a barrel. Emerging markets...

Weekly Market Update

Market Action On Wednesday, the US stock market set a record for the longest-ever bull market (9 years, 5 months, 13 days) in spite of fresh political developments signaling new uncertainty over US President Trump’s leadership. The latest leg of the S&P bull...

Weekly Market Update

Market Action It was a good week for US stocks as the Dow and the S&P 500 saw major gains on Thursday. US government debt yields fell this week amidst fears surrounding emerging markets. European markets edged slightly lower on the week, with Asian markets closing...

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...