The US stock markets continued to display diverged performance. While DOW continued to struggle to bounce, S&P 500 and NASDAQ surged to new record highs. In the background, investor confidence is growing that Fed will begin cutting interest rates in September, with markets currently pricing in nearly 70% odds of this outcome. A significant driver […]
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When the missiles started to fly over Israel, stocks in the United States tanked. As oil prices moved higher, tech stocks swooned as investors tried to gauge whether the shelling of Israel by Iran meant Read more…
In a speech today, ECB Vice President Luis de Guindos acknowledged that Eurozone growth was weaker than expected in Q2, leading to a downward revision in the growth outlook for the region. He added that Read more…
BoJ Governor Kazuo Ueda reaffirmed today that Japan’s economy is expected to sustain a moderate recovery, which should support underlying inflation in converging toward 2% target over the coming years. However, Ueda did not repeat Read more…