Weekly Market Update
Market Action Argentina’s central bank shocked markets by raising interest rates to 40 percent on Friday. The peso moved nearly 5 percent higher to 21.17 against the dollar, but remains down 15 percent so far this year. Argentina’s treasury minister said the treasury...Weekly Market Update
Market Action Global equities were little changed on the week, recovering ground lost at midweek. The yield on the US 10-year Treasury note rose three basis points from last Friday, briefly topping 3% on Wednesday (the first time that threshold had been breached in...Weekly Market Update
Market Action Global equities rose modestly this week, boosted by broad strength in commodities and a strong start to earnings season. The blended earnings growth rate, which combines the S&P 500 companies that have reported results with estimates for those that...Weekly Market Update
Market Action Global equities climbed this week despite fluctuating sentiment about the prospects of a trade war between the US and China and heightened geopolitical tension over Syria. Oil prices rose to their highest levels since 2014. News regarding trade frictions...Weekly Market Update
Market Action This week has been challenging for investors as they struggle to grapple with the impact of trade threats and counter-threats between the US and China. China responded to the US tariff announcement on steel imports by announcing its own tariff of up to...Sign Up for Our Publications
