By: Joel Charalambakis | On: July 29, 2017 |
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. […]
By: Joel Charalambakis | On: July 23, 2017 |
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 […]
By: Joel Charalambakis | On: July 15, 2017 |
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 […]
By: Joel Charalambakis | On: July 9, 2017 |
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 […]
By: Joel Charalambakis | On: July 1, 2017 |
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 […]
By: Joel Charalambakis | On: June 24, 2017 |
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 […]
By: Laura Hochstetler | On: June 17, 2017 |
Market Action World shares steadied on Friday after selling in the tech sector triggered their biggest fall in over a month, while the yen slid to a two-week low as […]
By: Laura Hochstetler | On: June 10, 2017 |
Market Actions The British pound plunged to a seven-week low on Friday after Thursday’s snap election that cost Prime Minister Theresa May’s Conservative Party its majority in Parliament. Global equity […]
By: Joel Charalambakis | On: June 4, 2017 |
Market Action The U.S. unemployment rate sank to its lowest level in 16 years after the May jobs report. The report says roughly 50,000 fewer jobs were created than the […]
By: Joel Charalambakis | On: May 28, 2017 |
Market Action Moody’s lowered China’s credit rating by two notches this week citing surging liabilities and weakening financial strength within the country. The move marks the first rating downgrade of […]