Market Commentary… Market Recap Friday, September 29, 2017 29 Sep 2017 In Brief U.S.: Trump gives a new “red line” for his 20% corporate tax rate; tax reform framework; consumer confidence index fell to 119.8 while data skewed by hurricanes Europe:…
Market Commentary… Market Recap Friday, September 22, 2017 22 Sep 2017 In Brief U.S.: FOMC meeting September 20: Fed is leaving short-term interest rates unchanged, but December Fed hike possible; QE unwind, fiscal progress? Eurozone: Eurozone upturn regains momentum in September;…
Market Commentary… Market Recap Friday, September 15, 2017 15 Sep 2017September 16, 2017 In Brief U.S.: August NFIB small business confidence index up 0.1 month on month to 105.3; CPI surprises to the upside in August; inflation expectations continue to rise Eurozone: Earlier…
Market Commentary… Market Recap Friday, September 8, 2017 8 Sep 2017 In Brief U.S.: ISM PMI up 2.5% to 58.8; ISM NMI up 1.4% to 55.3; job growth has started to slow, typical in 2H of a business cycle Euro zone:…
Market Commentary… Market Recap Friday, September 1, 2017 1 Sep 2017September 1, 2017 In Brief U.S.: Hurricane Harvey hit insurance stocks and auto giants; U.S. nonfarm payrolls preview Euro: The euro hit a multi-year high after Draghi did not comment on the currency…