Tops News- Southwest Airlines cuts revenue forecast
- Oil prices bounce back as investors hope U.S. inventory data will point to stronger summer fuel demand
- YouTube dominates streaming, forcing media companies to decide whether it's friend or foe
- FedEx shares jump after hours as massive cost-cutting measures kick in
- Your 401(k) is up, and a new report shows increased savings. But Americans need to do more
- Rivian investment a ‘catch-up move’ for Volkswagen that could take years to pay off, advisory firm says
- Masimo activist Politan presents 'last chance' for shareholders to force change at med-tech company
- WikiLeaks founder Julian Assange lands in Australia after U.S. plea deal
- Italy's Meloni rattled as European Union negotiators agree deal for bloc's top jobs
- Both mortgage rates and weekly mortgage demand are stuck in place, suggesting a slow summer housing market
- Economic Calendar & News
- UK retail sales go into reverse this month, CBI survey shows
- Australia inflation jumps to 6-mth high in May, ramps up rate hike risks
- German consumer sentiment unexpectedly dips in July, finds GfK
- Australia CPI up more than expected in May at 4%, RBA jitters mount
- US business equipment borrowings up 11% in May, ELFA says
- US consumer confidence retreats slightly; house prices remain elevated
- Canada inflation surprisingly rises in May, markets trim July rate cut bets
- US house prices increase steadily in April -FHFA
- Australia consumers balance budget relief against rate risks
- Japan's business-to-business service inflation hits 2.5% in May
- Economy
- Trade feuds aside, Chinese firms are committed to the U.S. market, survey shows
- Fed Governor Bowman says she's still open to raising rates if inflation doesn't improve
- IMF chief says Europe looks like 'an ideas supermarket' for the U.S., calls for further integration
- Bank of England keeps rates at 5.25% in 'finely balanced' decision; traders lift bets for August cut
- Switzerland makes second interest rate cut as major economies diverge on monetary policy easing
- These groups help people of color and the LGBTQ+ community find a ‘radically inclusive space’ in the outdoors
- UK inflation falls to Bank of England's 2% target ahead of elections
- The Fed is 'playing with fire' by not cutting rates, says creator of 'Sahm Rule' recession indicator
- May retail sales rise 0.1%, weaker than expected
- Bank of Japan set to reduce JGB purchases, stands pat on interest rate
Monthly Archives: June 2016
Market Commentary – June 24, 2016
Global stock markets declined sharply on Friday after the U.K. referendum surprised the markets Thursday overnight by voting to leave the European Union. The German DAX plunged 700 points (6.82%), the worst day since 2008, to settle at 9,557, while the … Continue reading
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Market Commentary – June 22, 2016
U.S. stock markets closed slightly lower as investors remained cautious ahead of the U.K. referendum on whether to leave European Union. The Dow Jones industrial average closed down 49 points (-0.27%), at 17,781, while S&P 500 dropped 3.45 points (-0.17%), … Continue reading
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Market Commentary – June 20, 2016
U.S. stock markets closed higher as “Brexit” fear diminished following larger support for “pro-EU” ahead of the U.K. referendum. Nevertheless, volatility is expected to prevail as uncertainty remains over the outcome of the referendum and the underlying consequences to the global economy. … Continue reading
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Market Commentary – June 28, 2016
U.S. stocks rebounded on Tuesday after Brexit wiped $3 trillion off the global markets, as investors perceived the post selloff state as a buying opportunity. The Dow Jones Industrial Average closed up 269 points (1.57%) at 17,409. The S&P 500 was lifted 36 … Continue reading →