MARKETS/MACROA strong session for risk assets overnight as optimism grows for a possible near term deal between theUS and China on trade. President Trump was quoted as saying he may have flexibility around his March1 deadline for higher tariffs, if a deal is close to...
MARKETS/MACROU.S. equities once again ended trade mixed on Monday, with lingering concerns over U.S. – China traderelations and the potential for a further U.S. government shutdown creating an air of uncertainty. TheDJIA declined -0.21% to 25,053.11 points to log a...
MARKETS/MACROEquity markets in the U.S. ended trade mixed on Friday, continuing to be plagued by uncertainty overU.S. – China trade negotiations. President Trump confirmed reports that he had no plans to meet withChinese President Xi Jinping before the March 1 tariff...
MARKETS/MACROUS equities were lower on Thursday on fresh concerns over the USD-China trade situation. A meetingbetween US President Trump and Chinese President Xi Jinping before the March trade deadline appearshighly unlikely. The Dow lost 220.77 points, or 0.87%, to...
MARKETS/MACROEquities in the U.S. started the week on a negative note, pressured lower by softer than expectedearnings results from industry giant Caterpillar Inc. (-9.13%), while there was further bad news fromNvidia Corp. (-13.82%) as the company cut fiscal...
MARKETS/MACROThe record U.S. Government partial shutdown came to end on Friday after 35 days, with President Trumpagreeing to temporarily reopen the Government without securing funding for his long-promised wall. Thelegislation signed on Friday will see the Government...
MARKETS/MACROIn Washington, Senate leaders are set to vote on two proposals on Thursday aimed at ending the ongoing Government shutdown. Both are expected to fall short of the 60 votes required to pass and if so willsee 800,000 federal workers miss a second paycheck...
MARKETS/MACRORisk took a backseat on Tuesday following uncertainty over progress being made between the U.S. andChina during their continued trade discussions. The mood saw equities pressured lower and treasuryyields ease as participants looked for safety. Stocks in...
MARKETS/MACROIt was a slow night for markets owing to the Martin Luther King holiday in the US. European markets werequiet too as a result, equities under a bit of pressure as anxiety over the global growth outlook washeightened following a soft GDP print from China...
MARKETS/MACRORenewed optimism over U.S. – China trade discussions helped to propel U.S. equities to a fourthconsecutive gain on Friday, with investors putting to one side the implications on economic performancefrom the ongoing Government shutdown. The S&P 500...
