Weekly Market Update
Market Action China’s yuan-denominated crude-oil futures surged on their debut Monday. Beijing hopes the new market will eventually give the country an oil benchmark to rival WTI in the U.S. and Brent Crude in Europe. China is the world’s biggest importer of oil after...Weekly Market Update
Market Action Stocks globally suffered steep losses for the week against a turbulent geopolitical backdrop including growing trade frictions between the United States and China. The declines took most of the indexes back into negative territory for the year to date....Weekly Market Update
Market Action Stocks moved lower on the week as volatility remained elevated. Last Friday marked the nine-year anniversary of the current bull market for U.S. stocks, which have logged more than 108 months without posting a decline of 20% that marks a retreat into...Weekly Market Update
Market Action President Trump signed an executive order imposing tough tariffs on imported steel and aluminium. This decision has been met with resistance by many within the Republican party as well as foreign governments, including some of America’s closest...Weekly Market Update
Market Action Markets declined broadly last week, marking the first monthly loss for the U.S. stock market since October 2016. Volatility remained high with four of the five trading days during the week exceeding a 1% move. US president Donald Trump said Thursday that...Sign Up for Our Publications
