by JD Lasinger | Sep 12, 2016 | Market News
Major Events of Last Week The global financial markets were rattled last Friday after North Korea unexpectedly launched a nuclear test by activating a bomb more powerful than that of the Hiroshima strike during World War 2. Investors were already under stress after...
by JD Lasinger | Aug 29, 2016 | Market News
Major Events of Last Week A pivotal event occurred last Friday when Janet Yellen, the Chairperson of the US Federal Reserve, delivered an important speech. She advised that the probabilities of an interest rate hike within the imminent future have undoubtedly...
by JD Lasinger | Aug 22, 2016 | Market News
Major Events of Last Week With global bankers convening for their annual meeting at Jackson Hole USA, next week, investors will now once again start focusing their attention on the timing of the next interest rate hike by the US Federal Reserve. In Europe, equities...
by JD Lasinger | Aug 15, 2016 | Market News
Major Events of Last Week Hopes of a robust US economic rebound during the second half of 2016 were dented last Friday after key data indicators disclosed that American consumer confidence had slumped during July. Retail Sales missed analysts’ expectations last month...
by JD Lasinger | Aug 8, 2016 | Market News
Major Events of Last Week Last week ended on a very positive note after the USA released a stellar labor report which surpassed economists’ expectations. Not only did US employers create more new jobs during July than predicted but Average Hourly Earnings also rose at...
by JD Lasinger | Aug 1, 2016 | Market News
Major Events of Last Week Global investors were taken aback last Friday when the USA published its Gross Domestic Product (GDP) for the second quarter of 2016 which badly missed analysts’ predictions. The largest slump in inventory investment recorded in practically 5...
