$CNH

US Dollar Losses are Extended, but Momentum Stalls in the European Morning

Leave a Comment / Expert Analysis / By admin

Overview: US stocks extended their gains ahead of the weekend after President Trump shied away from specific actions against China-Hong Kong, and today Hong Kong shares recovered smartly from last week’s 3.6% slide. The Hang Seng rose 3.3% today, and the Shanghai Composite gained over 2%. All the markets in the region advanced. Europe’s Dow …

US Dollar Losses are Extended, but Momentum Stalls in the European Morning Read More »

Month-End Profit-Taking Weighs on Equities as the Euro Pops Above $1.11

Leave a Comment / Expert Analysis / By admin

Overview: The announcement that President Trump will hold a press conference on China later today rattled investors yesterday after they had earlier shrugged off the escalation of tension between the US and China to take the S&P 500 up to its highest level in nearly three months. The S&P 500 reversed and settled on its …

Month-End Profit-Taking Weighs on Equities as the Euro Pops Above $1.11 Read More »

Escalating Tensions, Calm Markets

Leave a Comment / Expert Analysis / By admin

Overview: The US Secretary of State’s announcement that the autonomy of Hong Kong could no longer be affirmed did not derail the rally in US equities. However, the threat of an executive order against social media companies may be discouraging follow-through buying, leaving US equities little changed ahead of the open. In contrast, Asia Pacific and …

Escalating Tensions, Calm Markets Read More »

Sell in May?

Leave a Comment / Expert Analysis / By admin

Overview: The retreat in US stocks yesterday, coupled with disappointing earnings news, has sent equity markets lower today. However, the May Day holiday has closed most markets, warning of spill-over at the start of next week, though China’s markets are closed through next Tuesday and Japan through next Wednesday. In the Asia Pacific region, only two …

Sell in May? Read More »

SUBSCRIBE