Tag: EURUSD

Market Recap 07-05-2017

United States The S&P 500 closed the week at $2,399.29, a record high and up 0.63% when compared with the close of the previous week. During the week several important announcements have been released; first of all the Federal Reserve decided to leave interest rate unchanged at 0.75%-1.00% following the slowdown in growth experienced by […]

Market Recap 30-04-2017

United States After the French election relief and solid first quarter earnings reports the US equities finished the week higher. Slightly more than half of the S&P 500 has reported, showing positive signs of improving economic growth, with best performers tech and industrial companies. The S&P 500 after the rally at the beginning of the […]

Market Recap 09-04-2017

United States US stocks took a break after last week gains. The S&P 500 fell 0.3% closing the week at 2355.54, while large-caps were flat with the Dow Jones at last week’s levels. One of the major drivers of financial markets was the FED releasing the minutes of its mid-March meeting. The minutes highlighted the […]

Market Recap 06-11-2016

United States On the week ended November 4th, election uncertainty overshadowed improving fundamentals and sent US stocks to their ninth consecutive decline. Over the week, the Dow Jones Industrial Average declined -1.0% to 17978, the S&P500 Index declined -1.4% to 2097.40, and NASDAQ declined -2.1% to 5080. The last heavy batch of third-quarter earnings also […]

Market Recap 30-10-2016

United States Disappointing earnings from Apple and Amazon heavily weighed on the Nasdaq, falling 1.3%. Positive surprises from large companies, such as Procter & Gamble, helped to offset some disappointments in the tech sector, resulting in the S&P 500 falling 0.7%. So far, the earnings seemed solid, as this is the first quarter with positive […]

Market Recap 02-10-2016

United States The S&P 500 rose 17.14 points, or 0.8%, to close at 2,168.27 on Friday although the index was down 0.1% in September, the Nasdaq Composite closed at 5,312.00, adding 1.7% in September. Moreover, the Dow Jones Industrial Average gained 0.9% but fell 0.8% for the month. Analysts have blamed weak corporate profit, along […]

Market Recap 1-05-2016

[edmc id= 3872]Download here the Market brief[/edmc] USA Earnings season is over and in the tech sector we observed important market reactions: the most notable one was AAPL 10% depreciation caused by its disappointing results. The hedge fund manager Karl Icahn expressed a bearish view on US stocks for the medium run and closed its […]

Market Recap 14-02-2016

[edmc id= 3343]Download here the Weekly Market Brief[/edmc] United States US economic data came in mixed, giving supple reason for the volatility seen in financial markets. The S&P 500 is trading near 2014 lows, due to intense dollar weakness on the back of the futures market pricing in almost 0% chance of rate hikes for 2016. […]

WTI, S&P 500 and EURUSD: a difficult relationship

After weeks of firm bull sentiment, major equity markets (especially European ones) have experienced a fast correction that, although small compared to the incredible year-to-date performance, has started to disturb the overall view of investors. Such a movement has coincided with a rebound on the EUR/USD, which postponed the breakout of the “parity” barrier, and […]

Market Recap 25/04/2015

US US equities climbed to new heights as the week drew to a close with the Nasdaq Composite surpassing its previous peak of 5048.62 points from the year 2000 that marked the height of the dot-com era. The tech-heavy index advanced 3.2% over the last 5 days to close Friday’s trading session at 5092.08. Among […]

Market Recap 18/04/2015

This week the market division wrote about US, UK and EU, with a particular focus on what is happening in Greece. US The market mover this week in US was the inflation figure – consumer prices fell 0.1% in March with respect to last year, but the core measure of inflation which strips out more […]

MARKET RECAP 08/03/2015

US The market movers in the week just past us in the US were certainly the news on the labor market; non-farm payrolls soared past estimates at 295,000 and unemployment tumbled at 5.5 per cent. The latter figure is the upper limit of what has been previously defined by the Fed as the rate consistent […]

MARKET RECAP 22/11/2014

US This week we have seen almost only positive data about US economy, which explained dollar strength with respect to all major currencies (EUR, GBP and YEN). Gains were relatively small against Euro and Pound. The substantial advance with respect to the Yen was mainly due to Yen’s weakness during the week. Data about inflation […]

MARKET RECAP 01/11/2014

US After turmoil in the recent weeks US equities are back to all-time highs. Very solid data on consumer confidence and a Q3 GDP growth rate print of 3.5%, above a lower forecast of 3%, propelled the S&P 500 to 2018.05. Not even the completion of tapering on Wednesday stopped US equities during the week; […]

MARKET RECAP 03/10/2014

US Last week’s losses were followed by some more, as the S&P 500 lost 0.75% to close at 1967.9 and the NASDAQ Composite and DJIA went down 0.81% and 0.6% respectively from their values at the end of last week. Stocks took a beating on Tuesday and Wednesday especially as the data on consumer confidence […]

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