Weekly Market Update

By: Laura Hochstetler | On: June 10, 2017 |

Weekly Market Update

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 |

Weekly Market Update

 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 |

Weekly Market Update

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 |

Weekly Market Update

 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 |

Weekly Market Update

 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 |

Weekly Market Update

 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 |

Weekly Market Update

 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 |

Weekly Market Update

 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 |

Weekly Market Update

 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 |

Weekly Market Update

 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 […]