4 Things to Know in Monday’s Market

Global markets are tumbling, there’s political turmoil in the U.K., negative-yielding bonds expand, and a surprise winner emerges from Spain’s election. Here are four things to know in the market today, June 27. 1.     Global Markets Are Lower Markets are still in a panic on Monday after the U.K. voted to leave the European Union in a referendum on Thursday. […]

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U.S. Jobless Claims at Lowest Level in 4 Decades As Q1 GDP Growth Slows to 2-year Low

Two economic reports have led to confusion on Thursday as the government announced that last week’s jobless claims hovered at a four-decade low. The data shows numbers were revised down from the previous week to 248,000 claims, the lowest level since 1973. The report shows that the United States labor market is the strongest component of the economy. Following the […]

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Euro Steady as ECB’s Draghi Hints at Rate Cut

The Euro remained steady on Thursday following European Central Bank President Mario Draghi hints that interest rates could be cut further in the near future. Interest Rate Unchanged In a keenly watched decision in Frankfurt, the ECB’s Governing Council decided to leave its benchmark interest rate for the Euro zone unchanged at a record-low zero. Both the ECB’s deposit rate and its marginal lending facility rate also […]

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Japanese Yen and Nikkei 225 Gain as Exports Fall

Both the Japanese Yen and the Nikkei 225 in Asian trading, as exports fell for a sixth consecutive month and the prospect of government intervention loomed larger. Japanese Confidence Confidence among Japanese manufacturers increased in April, but it is expected to turn negative over the next quarter, as concerns mount over falling exports and a rising Yen. The Reuters Tankan survey showed that the sentiment […]

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Sharp Decline in US Industrial Production Sends Dollar Lower


The US Dollar ended the trading week with declines as a sharp fall in US Industrial Production underlined weak first quarter growth and sent the US Dollar lower. The North American trading session started brightly for the USD following the release of positive Empire State manufacturing index data. However, weak US industrial output and consumer sentiment data quashed risk appetite, sending investors to […]

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