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 […]
By: Joel Charalambakis | On: May 21, 2017 |
Market Action The Euro hit its highest level in several months this week as the dollar fell for over five consecutive days. German elections that point to Merkel being reelected, […]
By: Joel Charalambakis | On: May 14, 2017 |
Market Action The U.S. and China stuck an agreement on a 10 point trade package on Friday centered around good and services such as beef, poultry, natural gas, financial services […]
By: Joel Charalambakis | On: May 6, 2017 |
Market Action The April employment report came in much stronger than expectations. The unemployment rate fell to 4.4%, a post-crisis low on the heels of 211,000 jobs created in April. […]
By: Joel Charalambakis | On: April 30, 2017 |
Market Action After France’s election equity markets took off across the globe, approaching recent highs. The Euro reached a five-month high after the results of France’s election and the […]
By: Joel Charalambakis | On: April 23, 2017 |
Market Action French bond yields and spreads to benchmark German bonds narrowed throughout the course of the week as the nation heads to the polls. The race is a tight […]
By: Joel Charalambakis | On: April 15, 2017 |
Market Action The dollar fell against a number of currencies on Thursday, particularly the Yen and Yuan, as President Trump declared China to not be a currency manipulator and that […]
By: Joel Charalambakis | On: April 9, 2017 |
Market Action Minutes of the Federal Reserve’s March meeting were released this week and portions of their content caught markets by surprise. There was wide agreement among board members that […]