Financial News for the Week of August 18, 2017

HIGHLIGHTS OF THE WEEK A relatively good week for economic data was overshadowed by geopolitical events. Volatility spiked late in the week, the Dow suffered its largest one day loss since May on Thursday, and the 10-Year Treasury rallied to 2.17%. Investor nervousness is understandab
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Financial News for the Week of August 11, 2017

HIGHLIGHTS OF THE WEEK Markets this week have been largely driven by corporate earnings and political events, with tensions on the Korean Peninsula escalating to the point where markets can no longer ignore them. Inflation strengthened in the Eurozone, with prices growing by 0.13% in
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Financial News for the Week of August 4, 2017

HIGHLIGHTS OF THE WEEK U.S. stock indices remained supported by the continued flow of favorable earnings releases. Bond yields and the U.S. dollar moved lower through Thursday, but that dynamic reversed course with the robust payrolls report. The American economy continued to churn ou
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Financial News for the Week of July 28, 2017

HIGHLIGHTS OF THE WEEK It was a good start to the week for U.S. equities, with stock prices boosted by another round of strong earnings reports and a weakening in the US dollar to its lowest level in over a year. However, these gains were offset by dips in health care and tech stocks
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Financial News for the Week of July 21, 2017

HIGHLIGHTS OF THE WEEK It was a light domestic data week with investors focused on politics, central banks, and international data. U.S. equities set new records with the S&P 500 a mere 25 points from 2,500. while the dollar weakened broadly. China’s economy grew by 6.9% y/y in Q2
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Financial News for the Week of July 14, 2017

HIGHLIGHTS OF THE WEEK Fedspeak took center stage this week. Fed Chair Yellen delivered prepared remarks to Congress, where among other things, she acknowledged the uncertainty as to when inflation would rise back toward its target. Taken together with Governor Brainard’s comments, ma
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Financial News for the Week of July 7, 2017

HIGHLIGHTS OF THE WEEK Global bond yields moved higher this week following cautiously hawkish statements by central bankers last week. Above-trend economic growth in advanced economies is expected to persist. But, inflation is expected to lag owing to a number of structural factors wo
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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 underwhelmed. Momentum in personal sp
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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 speeches took center stage. While ech
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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 measure of price growth slowed in April
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