by JD Lasinger | Nov 13, 2016 | Market News
Major Events of Last Week The event that dominated last week’s proceedings was, without doubt, Donald Trump’s stunning and surprising victory in the US presidential election. As a direct consequence, the Republican Party succeeded in retaining control of both major...
by JD Lasinger | Oct 30, 2016 | Market News
Major Events of Last Week Investors were surprised last Friday when the USA declared that its economy expanded at its fastest rate during the third quarter of 2016 in almost 2 years. Rebounding inventory and surging exports helped to counter a weakening in consumer...
by JD Lasinger | Oct 18, 2016 | Market News
Major Events of Last Week Global equities were lifted last Friday after China posted encouraging inflationary data which registered an increase for the first time in five years. The British pound also staged a comeback late last week after the Bank of England advised...
by JD Lasinger | Oct 9, 2016 | Market News
Major Events of Last Week The USA published its early-awaited labor report for September last Friday which surprised the markets by disclosing a slowing rate of growth for the third consecutive month. This unexpected slump may now provide sufficient incentive for the...
by JD Lasinger | Sep 26, 2016 | Market News
Major Events of Last Week Global equities finished the week on a high note last Friday incited by growing speculation that the US Federal Reserve will now desist from hiking its benchmark interest rates until this coming December at the very earliest. A prominent Fed...
by JD Lasinger | Sep 18, 2016 | Market News
Major Events of Last Week Prospects that the US Federal Reserve will hike interest rates before the end of 2016 received a boost last Friday when the US Consumer Price Index (CPI) rose at a faster pace than expected during August. Declining oil prices were countered...