The US equity markets snapped their three-day winning streak yesterday. Airline and cruise line operators led the stocks down.
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Daily Market Pulse
Daily Market Pulse
Yesterday was quite a busy day. Equity markets continued its rally from Monday, gaining over 500 points as the May retail sales number came in at 17.7%, a record monthly increase.
Daily Market Pulse
U.S. equity markets suffered their biggest one-day fall in three months yesterday as traders showed concern over the number of coronavirus cases increasing in some states that are reopening up from lockdowns.
Daily Market Pulse
As the market reacts to the FOMC meeting and weekly jobless claims, where are we headed?
Daily Market Pulse
The markets all await the FOMC Interest rate decision which will be released around 2:00 pm this afternoon.
Daily Market Pulse
“We are officially in a recession.” This was the statement made yesterday by the National Bureau of Economic Research (NBER).
Daily Market Pulse
The market awaits the President’s comments today regarding Covid-19, technology, and his response to China’s new security law for Hong Kong.
Daily Market Pulse
The USD traded lower overnight against the EUR and CAD while gaining against the GBP and trading relatively unchanged against the JPY.
Daily Market Pulse
The USD begins this shortened week lower as the global economy begins to emerge from the Coronavirus pandemic.
Daily Market Pulse
The USD is trading higher this morning as traders concerns rise over US-China relations and uncertainty over Hong Kong’s future as an international financial hub.
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