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Jan 18, 18 •
2654 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on U.S. equity markets reclaim lost ground to reach record highs, sterling rises as E.U. encourages U.K. to abandon Brexit, gold slips
After pausing on Tuesday, U.S. equity markets roared back to breach record highs on Wednesday, whilst European equity markets slipped back for the second day. The SPX and DJIA made approx. 1% gains, the first such gains posted since August, with the DJIA...
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Jan 17, 18 •
3053 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on U.S. equity markets close down, finally breaking 2018 winning streak, USD fails to make gains versus major peers
The leading U.S. equity indices, the DJIA and SPX, reached record intraday highs on Tuesday, shortly after New York markets opened, with the DJIA breaking through the crucial handle of 26,000. However, the heights were short lived; after rising through the...
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Jan 16, 18 •
3251 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Gold rises to 1,340 level, U.S. dollar falls versus major peers, European indices fall as USA markets are closed for Martin Luther King day
There was no hiding place or relief for the U.S. dollar on Monday, despite USA equity markets being closed for a national holiday. The U.S. dollar index approached its lowest level in three years; falling by circa 0.6%. EUR/USD continued the bullish momentum...
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Jan 12, 18 •
3485 Views •
Morning Roll Call •
admin
Comments Off on U.S. equity markets set a new record high, Brent crude breaks $70 per barrel handle, euro rises on hawkish ECB statement.
The USA equity markets were obviously simply pausing for breath on Wednesday, as it was back to the business of setting record highs on Thursday, the SPX rose by 0.81% on the day and has now risen by circa 4% in 2018. Some investment bank analysts are...
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Jan 11, 18 •
3288 Views •
Morning Roll Call •
admin
Comments Off on USD/JPY slumps as Chinese FX officials consider ending U.S. bond purchases, SPX prints first losing day of 2018, WTI oil reaches high not seen since 2014.
It’s been a while since a Trump statement caused a shock in the markets, on Wednesday his administration put a spanner in the works of North American commerce, by threatening to exit the NAFTA free trade arrangement, which allows (largely unrestricted) open...
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Jan 10, 18 •
2702 Views •
Morning Roll Call •
admin
Comments Off on U.S. equity markets reach record highs, U.S. dollar continues its recent recovery, yen rises due to the BOJ reduction in bond purchases.
The SPX rose by 2.6% last week, in a shortened week when many investors were stumbling back to their desks. And the index continued its recent bullish momentum, rising by 0.13% on Tuesday, with the DJIA rising by 0.41%, as analysts and traders continued to...
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Jan 5, 18 •
3202 Views •
Morning Roll Call •
admin
Comments Off on Dow Jones index breaches 25,000, U.K. FTSE 100 also closes at record high, gold reaches four month high, euro experiences mixed sessions versus major peers.
All the major U.S. equities; DJIA, SPX, NASDAQ, closed at record highs on Thursday, with the DJIA finally breaking through the 25,000 barrier, representing a one year return of circa 28%. The indices rose despite the USA suffering crippling weather...
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Jan 4, 18 •
3236 Views •
Morning Roll Call •
admin
Comments Off on U.S. equity indices reach record highs as manufacturing figures beat forecast, U.S. dollar rises, gold slips
All three major USA market indices reached record highs during Wednesday’s New York trading session; the DJIA, SPX and the NASDAQ rose as a consequence of positive, high impact, fundamental economic releases, that mostly beat forecasts. The ISM...
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Jan 2, 18 •
3270 Views •
Morning Roll Call •
Zahir Shah
Comments Off on FX markets reopen quietly after the New Year break
Traders began to quietly re-engage with the FX markets, as Tokyo and Sydney opened on Monday evening/Tuesday morning. After a fractured ten day holiday period, over the Xmas and New Year period, London’s open will be closely monitored. Last week’s trading...
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Dec 29, 17 •
3335 Views •
Morning Roll Call •
Zahir Shah
Comments Off on U.S. dollar slumps versus its major peers, whilst gold threatens to breach the 1,300 handle
Trading in U.S. equities was approximately 40% below the 30 day moving average on Thursday, despite this the major equities markets in the USA experienced rises during the New York session. The medium to high impact economic calendar news generally missed the...