by Derek Heffernan | Jul 29, 2019 | Weekly Market Commentary
Weekly Market Comment – July 29th 2019Markets in both Europe and the US rose last week. In Europe, positive earnings reports and the prospect of fresh stimulus from the ECB caused markets to advance. In the US, earnings have been flat but investors have instead...
by Patrick Kilduff | Jul 29, 2019 | Macro Round-up
Some investors were disappointed with the actions (or lack thereof) from the ECB at their recent meeting. However, at the subsequent press conference Mario Draghi highlighted the ECBs determination to achieve their inflation target. In all likelihood the ECB will cut...
by Derek Heffernan | Jul 22, 2019 | Weekly Market Commentary
Weekly Market Comment – July 22nd 2019Markets drifted lower as Q2 results season kicked off. Energy stocks declined the most as crude supplies fell less than expected. Even though earnings season is in full swing, many investors remain focused on monetary policy...
by Patrick Kilduff | Jul 22, 2019 | Macro Round-up
Chinese Q2 GDP came in at 6.2% y/y. The legitimacy of Chinese GDP figures are frequently questioned however, at the very minimum it provides investors with an insight into the economic considerations of Chinese authorities. This figure generated a lot of negative...
by Derek Heffernan | Jul 15, 2019 | Weekly Market Commentary
Weekly Market Comment – July 15th 2019Equity market performance was very mixed last week. In the US the large-cap S&P 500 Index and the Dow Jones Industrial Average reached new records. The Nasdaq Index, which is a technology heavy benchmark, also performed...