Weekly Market Update

Market Action The major stock markets finished Friday on a negative note, adding to their losses for the second consecutive week of broad market declines attributed to geopolitical concerns (North Korea last week) and tremors within the White House (this past week)....

Weekly Market Update

 Market Action The Dow Jones Industrial Average ended the week at a fresh record, buoyed by a jobs report that showed employers continued hiring at a healthy rate in July. The United States Bureau of Labor Statistics reported on Friday that U.S. employers added a...

Weekly Market Update

 Market Action Spanish GDP accelerated at its fastest rate in two years during the past quarter. Spain’s economy grew over 3% over the past year according to recent data released. The accelerated growth and continued fiscal consolidation led to S&P and Fitch both...

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...