Weekly Markets: S&P 500, Gold, US Dollar, Powell, BOE, Japan Inflation, RBA Minutes

Global equity markets rose to a 14-month high, while the US dollar fell to a one-month low on hopes that US interest rates have peaked and further stimulus measures are expected from China. The MSCI All Country World Index rose 0.6%, the S&P 500 Index rose 2.6% and the Nasdaq 100 Index rose 3.8%. Germany’s … Read more

Weekly Market: S&P 500, Gold, US Dollar; US ISM, Eurozone Retail Sales, RBA, Japan Econ Watchers, China Inflation

Global equity markets rose, led by solid gains in US equities, as markets welcomed the passage of a debt ceiling bill that averted a catastrophic US default. Debt negotiations in Washington have been the focus of market attention in recent weeks, and the passage of the bill raising the government’s $31.4 trillion debt ceiling removed … Read more