Weekly Market Update
Market Action China’s economy accelerated its growth rate in Q2 to 6.9%, with consumer spending, factory output and investment all posting strong figures. Retail sales were also at their strongest level in over a year. While critiques of China’s data are valid,...Weekly Market Update
Market Action The Bank of Canada raised interest rates for the first time since 2010 this week from 0.5% to 0.75%. The tighter policy comes amidst upward revisions to forecasts for the country’s economic growth. The move will likely slow the country’s booming housing...Weekly Market Update
Market Action The U.S. economy added 222,000 in the month of June according to Friday’s employment report, which included an upward revision of to May’s report as well. While the number of jobs created easily surpassed expectations wages continue to diverge from the...Weekly Market Update
Market Action The Federal Reserve approved the capital plans of the 34 largest financial institutions in the U.S. The plans were the second half of the central bank’s annual stress test. The passing mark resulted in record increases in dividends and buybacks for some...Weekly Market Update
Market Action Healthcare stocks posted one of their strongest weeks of the year and now represent the second best performing group in 2017 so far. The rise coincides with release of the Senate’s healthcare bill, deemed to be more favorable to a number of industries...Sign Up for Our Publications
