Weekly Market Recap
Weekly Market Recap – September 7th, 2018
Weekly Market Recap – September 7th, 2018 In the Markets The effects of low level negotiations between Chinese and U.S. officials became apparent as the Trump administration announced intentions to place tariffs on all Chinese goods imported into the United States. Two of the big three indices reacted strongly as the S&P 500 dropped 1%,
Weekly Market Recap – August 31st, 2018
Weekly Market Recap – August 31st, 2018 In the Markets On Monday the U.S. and Mexico reached a bilateral trade deal as former NAFTA members have turned to separate trade discussions. Similar negotiations between the U.S. and Canada did not reach an agreement by weeks end, but plan on resuming talks in September. The trade
Weekly Market Recap – August 24th, 2018
Weekly Market Recap – August 24th, 2018 In the Markets In a week light with commodities news, the USD strengthened through the 15th before dropping off to end the week, with dollar index futures falling 0.96% on the week. Low level trade discussions between U.S. and Chinese officials were uneventful, leaving the world to wait
Weekly Market Recap – August 17th, 2018
Weekly Market Recap – August 17th, 2018 In the Markets After a breakdown in discussions two months ago shifting the focus to retaliatory tariffs, U.S. and China trade negotiations reopened last week. Reported meetings between low-level officials are setting up a scheduled meeting between President Trump and President Xi in November. Additionally, after inducing panic
Weekly Market Recap – August 10th, 2018
Weekly Market Recap – August 10th, 2018 In the Markets The Turkish lira plunged last week amidst rising inflation and tensions driven by rising global interest rates. The lira fell to record lows as the nation sits on the precipice of financial crisis. The lira freefall led to ripple effects across a variety of markets,
Weekly Market Recap – August 3rd, 2018
Weekly Market Recap – August 3rd, 2018 In the Markets Interest rates remained unchanged following the Fed\\\’s Wednesday meeting, although the central bank did change its description of the economy from solid to strong, possibly pointing to two additional rate hikes this year. The USD strengthened on the news, climbing 0.53% up to 94.961 on
Weekly Market Recap – July 27th, 2018
Weekly Market Recap – July 27th, 2018 In the Markets The U.S. GDP posted a 4.1% growth in the second quarter, the strongest performance since 2014. While this increase could be attributed to foreign companies buying U.S. goods before potential tariffs are put in place, domestic contributors to GDP also posted gains; consumer spending rose
Weekly Market Recap – July 20th, 2018
Weekly Market Recap – July 20th, 2018 In the Markets Grains rebounded from last week’s steep drop off, as soybeans recovered 3.66%, corn climbed 4.02%, and wheat rose 3.82%. Oil fell again, with WTI futures down 1.83%, and Brent Crude futures falling 2.81%. Precious metals fell this week, with gold down 0.81% and silver down
Weekly Market Recap – July 13th, 2018
Weekly Market Recap – July 13th, 2018 In the Markets Last week NATO leaders met in Brussels, focusing on member nations’ commitments to increased military spending. Tensions were high going into the summit, as President Trump had questioned the usefulness of the alliance, but that sentiment shifted following the summit, with President Trump maintaining belief
Weekly Market Recap – July 6th, 2018
Weekly Market Recap – July 6th, 2018 In the Markets On July 6th, the Trump administration’s first round of tariffs against China went into effect. These tariffs, effecting around $50 billion worth of Chinese exports, were issued to combat China’s allegedly unfair trade practices, including forced transfer of American technology and intellectual property. The tariffs