It was another record-breaking day in financial markets yesterday as US indices and precious metals again notched up fresh all-time highs. The S&P notched up another record close and Silver joined in the party in precious metals as it joined Gold in hitting a new high. US data came in stronger than expected and stocks…
US Stocks pulled back in trading yesterday as investors looked ahead to fresh data and evaluate the longer-term impact of China’s stimulus package. The dollar gained strongly to push up off annual lows and treasury yields jumped higher. Oil prices suffered as supply concerns out of Libya eased, but, yet again Gold rallied to another…
Global markets rallied again in trading yesterday as China announcement a huge stimulus package. US Stocks took advantage with Chinese sensitive tech stocks leading the way, Nvidia notably jumping 4%. The Dow and the S&P again notched up record highs. US treasury yields slipped, and the dollar took a big hit, now trading close to…
US Stock Markets had a mixed day on Friday, but remained trading near recent record levels, with the Dow once again notching up a fresh closing high. Treasury yields drifted lower after comments from Fed members, but the dollar gained back a small amount of its recent lost ground. Oil prices drifted lower after recent…
US Stock markets experienced a mixed day just a few short trading sessions ahead of the key Fed rate call, markets are pricing in a 50-basis point cut more strongly again, with expectation of the bigger cut now sitting at 59%. The Dow hit a record high, whilst tech stocks weighed on the Nasdaq. The…
Markets kicked into action yesterday after investors assessed potential rate cuts from the Federal Reserve next week as US PPI data came in slightly above expectations. US Stock indices charged higher, and Gold hit another all-time high. Tech stocks again led the way with the Nasdaq adding another 1% by the close of trading. Treasuries…
Key US Core CPI data came in slightly above expectations yesterday pushing expectations for a Fed cut of 50 basis points off the table. Stocks initially dipped but recovered strongly in afternoon trading. Both the dollar and treasury yields remained steady, pushing slightly higher on the day and Oil pulled back off recent lows, whilst…
US Stock markets experienced a mixed day ahead of the twin key events of CPI and the first presidential debate between Kamala Harris and Donald Trump. The Nasdaq and S&P gained ground whilst the Dow fell off, whilst yields and the dollar trod water near recent levels. Demand concerns continued to weigh on Oil with…
US Stock markets shook off recent losses to climb again yesterday as investors looked ahead to key inflation data tomorrow with the Dow leading the charge to gain 1.2% on the day. Treasury yields had a mixed day in choppy markets whilst the dollar pushed higher in line with expectations of a smaller rate cut. …
