Global markets finished the week mixed The global markets started the week mixed after the jobs-report rally on Friday. Without any major economic data in the calendar on Monday and Tuesday, the clear headliner of this week was Wednesday’s release of the US CPI reading. Specifically, the annual inflation in the United States clocked in […]
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Global markets finished the week higher The US market started the week lower after the United States Manufacturing Purchasing Manager’s Index (PMI) stood at 50.2 in April, decreasing by 0.2 index points. Inflation in the Eurozone increased slightly on a yearly basis in April, Eurostat said in a preliminary report on Tuesday. The Consumer Price […]
Read article >Global markets finished the week higher Global markets started the week mixed as investors waited for more first-quarter corporate reports, economic data and statements by Federal Reserve officials that could indicate where the United States central bank will go when it comes to monetary policy in May. In Europe inflation came to 6.9% as expected […]
Read article >Global markets finished the week lower Global markets started the week mixed as investors digested the latest batch of economic data in Europe, which sent mixed signals about the state of the continent’s economy. On Tuesday markets moved sharply lower (S&P dropped by 1.5%) after Federal Reserve Chair Jerome Powel warned that the central […]
Read article >Global markets finished the week higher Global markets started the week higher following their worst week of the year. Pending home sales in the United States, which was released on Monday, jumped 8.1% in January higher than expected, after a slight decline in mortgage rates in December and January. On the same day, the European […]
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