Market in Review 7/1/2024

MARKET REPORT Day in Review: Today: – Marine Le Pen’s National Rally’s victory in the first round of France’s parliamentary election, as predicted – GE CPI report cooler than expected, EU harmonized also lower than exp –  Yield on German 10-year Bunds rose to the 2.57% mark, its highest in over two weeks as  political uncertainty […]

Market Report 4/1/2024

MARKET REPORT Review: – US Manufacturing PMI revised lower – US Construction Spending unexpectedly shrank Act -0.3% Exp +0.7% – US Factory Activity Expands Act 50.3 Exp 48.4 – Pound Hits 6-week low, Treasury yield 3 month high – Strong China PMI – Iran vows response to Israel strike on IRGC commander – Nippon Steel […]

Market in Review 12/18/2023

MARKET REPORT Review: – Oil prices surged intraday amid more headlines of attacks, and re-routings of tankers in the MidEast with WTI psuhing up near $75 before fading back –  Daly notes rate cuts next year could be needed – Mester said markets are a bit ahead of the Fed on rate cuts – Goolsbee […]

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