Market Commentary

Market Recap Monday, December 24, 2018

On global equities Volatility in global equity markets persisted in November, fears of rising interest rates, multiple trade conflicts, the end of QE, and related uncertainty about the global economic outlook weighed on sentiment and set the market on edge. Additionally, U.S. crude ended last week down 11% at $45.59, posting the worst performance since […]

Market Recap Friday, October 13, 2017

In Brief U.S.: PPI ticking higher and inflation not dead; small business confidence peaking with D.C. risk; jobless claims still low Eurozone: Another good month for Eurozone sentiment; structural reform tough, but Catalonia risk contained and a second wind for sentiment; Emmanuel Macron has challenged EU leaders to sort out reform of the bloc within […]

Market Recap Friday, October 6, 2017

In Brief U.S.: Economic activity in both manufacturing sector and non-manufacturing sector continued to expand in September 2017; light vehicle sales in September realized the first gain of the year; weekly jobless claims fell more than expected Eurozone: The final IHS Markit Eurozone PMI Composite Output Index increased in September; recovery continued to firm according […]

Market Recap Friday, September 29, 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: France consumer confidence fell; both German and French business optimism was also appearing toppy; German election update Asia: S&P warns of correction as Asia bond […]

Market Recap Friday, September 22, 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; ZEW current sentiment situation; German general elections on September 24 U.K.: U.K. households experience the strongest squeeze on finances for three years in the third […]