The Daily

October, 25th 2016 Daily Market Commentary   ECONOMIC NEWS     Asian stocks climbed after U.S. economic data generated optimism about the health of the world’s largest economy, while Japan’s Topix index rose as the yen weakened against the dollar. European stocks were little changed after a rally in commodity producers was tempered by losses [...]

October, 24th 2016 Daily Market Commentary   ECONOMIC NEWS   European shares headed for a three-week high as banks surged and Royal Philips NV reported higher earnings. The earnings season is gathering steam, with more than 100 Stoxx 600 companies scheduled to report this week. Asian stocks climbed as Shanghai equities rallied to a nine-month high and investors braced [...]

October, 21st 2016 Daily Market Commentary   ECONOMIC NEWS The dollar rose, reaching the strongest level against the euro since March, on speculation U.S. monetary policy will diverge from stimulus measures in Europe and Asia. The euro fell to its lowest level since March after Mario Draghi signaled Thursday quantitative easing won’t come to an “abrupt” end. Commodities: Metals: [...]

October, 20th 2016 Daily Market Commentary   ECONOMIC NEWS Brazil’s central bank cut its benchmark interest rate for the first time in four years, cautioning that the extent and pace of the easing cycle will depend on further progress on economic reforms and inflation. ECB decided to leave rates unchanged Commodities: Metals: Gold: 1269.90 (+$0.67, [...]

October, 19th 2016 Daily Market Commentary   ECONOMIC NEWS European stocks retreated after their biggest gain in a month, with earnings reports taking a back seat as investors await tomorrow’s European Central Bank meeting for possible updates on the direction of monetary policy. Commodities: Metals: Gold: 1269.92 (+$7.42, +0.59%), Silver: 17.72 (+$0.10, +0.57%); Copper: 2.1005 [...]

October, 18th 2016 Daily Market Commentary   ECONOMIC NEWS China’s yuan erased early gains to trade near a six-year low amid concern that a potential Federal Reserve interest-rate increase will pressure the currency lower. The pound advanced versus the dollar, halting a two-day decline, as a report showed annual consumer prices rose last month at the fastest pace in [...]

October, 17th 2016 Daily Market Commentary   ECONOMIC NEWS European stocks fell for the fourth time in five days amid renewed concern about the health of the global economy and speculation about central-bank policy. The world’s biggest central banks are bulking up their balance sheets this year at the fastest pace since 2011’s European debt crisis to [...]

October, 14th 2016 Daily Market Commentary   ECONOMIC NEWS   The U.S. 10-year yield is higher by 3 basis points at 1.77% The European Central Bank is starting to price itself out of the corporate-bond market as yields plumb such lows that some notes are no longer eligible for its purchase program. ECB President Mario Draghi’s unprecedented buying [...]

October, 13th 2016 Daily Market Commentary   ECONOMIC NEWS Renewed worries about the health of the global economy, spurred by an unexpected decline in Chinese exports, sent European stocks lower for a third day. U.S. index futures fell after an unexpected drop in Chinese exports revived concerns about the global economy as the Federal Reserve [...]

October, 12th 2016 Daily Market Commentary   ECONOMIC NEWS   Deutsche Bank raised more cash ($1.5 billion) through a sale of five year notes Tuesday, following Friday’s offering that raised $3 billion. (Business Insider) U.S. stock-index futures were little changed before the Federal Reserve releases the minutes if its latest policy meeting, while investors assessed one of [...]