Well, it is not such a difficult question to answer, the central banks. Also in a economic situation like now when the yields in the bond market are in negative territory and mixed with some geopolitical turmoil that drives the equity markets higher and higher. Investors are seeking for lucrative asset’s and they could be … More Who pushed the stocks to the highest level..?!
At a time when risky assets including stocks, commodities, junk bonds and emerging-market currencies are rallying to multi-month highs, so are the havens, from gold, government bonds to the Swiss franc and the Japanese yen.No matter that the U.S. labor market is deteriorating and the World Bank has just cut its estimates for … More Euphoric market’s , everything’s a buy . .
Crude oil fell for a fifth day and the euro strengthened before Vienna meetings of OPEC and the European Central Bank. U.S. crude traded below $49 a barrel. The euro climbed to a one-week high ahead of an ECB policy review, while the British pound firmed following its steepest two-day loss since March. Saudi Arabia … More Next meeting for the Organization of the Petroleum countries..
S&P 500 companies are expected to post their fourth straight quarter of earnings declines and fifth straight quarter of sales declines, according to FactSet. The last time earnings fell for such a long stretch was the period between the fourth quarter of 2008 and the third quarter of 2009, right after the financial crisis. And stop … More Earning sesion . . Something to worry about ?!
China’s Anbang Insurance Group Co., which has twice sweetened its offer to buy Starwood Hotels & Resorts Worldwide Inc., is engaged in a high-stakes bidding war with Marriott International Inc. to acquire the owner of the upscale Sheraton, Westin and St. Regis brands. Win or lose, the latest $14 billion bid unveiled Monday by … More Chinese shopping spree . .
For the first time since the Asian and Russian crises rocked world financial markets in the late 1990s, U.S. monetary policy is as focused on the risks to global growth as it is on the domestic economy. Driving the resurgent internationalism inside the Federal Reserve is concern about how dollar strength — reinforced by aggressive … More Dovish outlook.., is the world economy “fragile place” ..?!
Investors are gaining confidence that March’s rally in equities and credit markets has further to run. The Stoxx Europe Index and the MSCI Asia Pacific Index were on course for the highest closes in two months. Shares in Egypt extended the longest rally since December after the country’s central bank devalued its currency, and the thawing … More Central bank’s lift credit,bonds
While low growth may hurt industrial’s, a weak economic backdrop may not spell doom for the broader market. Case in point: The market is up 188% since the 2009 low, despite the weakest economic recovery of the post World War II period. And while we just finished the first three-month losing streak since 2011, the … More Slow growth environment . .
The pound has already dropped more than 2 percent versus each of its Group-of-10 peers in 2016 as an uneven economic recovery and waning prospects of an interest-rate increase add to concern the nation will quit the world’s largest single market. The slide has accelerated since Prime Minister David Cameron announced the date of the … More BREXIT .. or EXIT ..?!
U.S. Indices Equity markets rebounded after a torrid week when investors questioned whether central banks have the tools to shore up the global economy. Federal Reserve Chair Janet Yellen in a second day of testimony said the Fed was assessing the impact of the swings in the markets on the … More Global Stock’s rout . .