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: July 2016
Market Commentary – July 15, 2016
U.S. stock market ended flat on Friday as political risks stemming from Nice terrorist attack and Turkey coup erased earlier gains from better than expected June retail sales figures. The Dow Jones industrial average ended 10 points higher (0.05%), with Caterpillar and General … Continue reading
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Market Commentary – July 6, 2016
U.S. stocks closed in the green as investors anticipated a less likely rate hike scenario after the release of the Fed minutes. The Dow Jones industrial average ended 78 points higher (0.44%), driven mostly by Home Depot. The S&P 500 edged 11.18 points higher … Continue reading
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Market Commentary – June 30, 2016
U.S. stocks ended higher on Thursday, recouping most of the $3 trillion loss that took place earlier, as investors continued to look for bargains in the markets while waiting for more indicators coming out from upcoming EU meetings. Both the Dow … Continue reading
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Market Commentary – July 29, 2016
U.S. Stock markets closed the week mixed as earnings from major tech companies provided upbeat sentiment offset worse than expected results from some of the energy shops and a disappointing Q2 U.S. GDP report. For the week of July 25, the Dow Jones Industrial Average closed … Continue reading →