by Joel Charalambakis | May 15, 2016 | Uncategorized, Weekly Market Update
Market Action Equities posted their third consecutive week of losses in the U.S. amid mixed data from corporate earnings and economic variables. The retail sector was in heavy focus as several major firms posted weak quarters while retail sales data on Friday was the...
by Joel Charalambakis | May 1, 2016 | Uncategorized, Weekly Market Update
Market Action The past week started positively for risk assets but turned sour on Thursday and Friday with markets reverting to their trends for the first six weeks of the year. Some disappointing earnings reports from leading names, including Apple, and chatter from...
by Joel Charalambakis | Apr 24, 2016 | Uncategorized, Weekly Market Update
Market Action Major U.S. indices hit their highest points since last July and set 2016 highs this week. Bond yields have also hit their highest mark in recent weeks, signaling renewed risk appetite in markets. The energy sector led this week on the back of rising...
by Joel Charalambakis | Apr 17, 2016 | Uncategorized, Weekly Market Update
Market Action European and Japanese shares led risk assets across the globe this week. Positive inflation data both in Britain and throughout the Euro area encouraged markets on the continent while Japan reiterated its readiness to intervene to prevent the Yen from...
by Joel Charalambakis | Apr 9, 2016 | Uncategorized, Weekly Market Update
Market Action Risk assets returned most of their gains from the past week as earnings season is set to pick up momentum. Analysts are estimating that earnings will fall 9% over last year’s level and hope that it marks a trough in the corporate sector. Safe havens...
by Joel Charalambakis | Apr 2, 2016 | Uncategorized, Weekly Market Update
Market Action Equities bounced back in the U.S. once again thanks to soft guidance from monetary authorities while the March jobs report came in slightly above expectations. Despite the renewed risk appetite, the defensive Utilities and Telecoms sectors continue to...