Month: June 2017
Financial News for the Week of June 30, 2017
HIGHLIGHTS OF THE WEEK Bond markets sold off sharply this week on remarks from monetary policymakers. Bond yields rose by 20 to 25 basis points in Germany and the UK, respectively. Yields on Treasuries also rose, but markedly less as U.S. data has…
Financial News for the Week of June 23, 2017
HIGHLIGHTS OF THE WEEK Equity markets started off the week on a positive note. But the advance proved transitory as oil prices slid into bear territory, sending energy stocks and the main indices lower. With little in the way of economic data, Fed…
Financial News for the Week of June 2, 2017
HIGHLIGHTS OF THE WEEK The U.S. job machine slowed in May (+138k jobs) as the unemployment fell to a sixteen year low of 4.3%. A pullback in the participation rate contributed to the fall in the unemployment rate. The Federal Reserve’s preferred…