The stock market rally to start 2019 is one for the history books
The roaring rebound for stocks this year just made history. Both the Dow Jones Industrial Average and Nasdaq Composite Index have yet to register a weekly decline so far this year. With more gains to close this week, both major...
Fed’s Quarles: We’d ‘quickly reassess’ balance sheet plan if problems came up
The Federal Reserve stands ready to change the approach to its balance sheet should conditions warrant, the central bank’s vice chair for supervision said Friday. Fed Vice Chair Randal Quarles said at a conference that the central bank remains committed...
Stocks making the biggest moves midday: Kraft Heinz, Wayfair, Stamps.com & more
Check out the companies making headlines midday Friday: Kraft Heinz — Shares of Kraft Heinz plummeted 27.46 percent after the company announced a $15.4 billion write down of its Kraft and Oscar Mayer brands. The company also disclosed a Securities...
The Fed is about to start public sessions on how it can improve policy
Federal Reserve officials will be hitting the road soon to learn how best to achieve their policy objectives and to communicate those moves to the public. Starting Monday in Dallas, the central bank will hold a series of “Fed Listens”...
Australia & New Zealand Weekly: RBA to Cut the Cash Rate by 25bps in August and November
Week beginning 25 February 2019 Westpac expects the RBA to cut the Cash Rate 25bps in August and November. Australia: dwelling prices, capex survey, construction work, credit. NZ: retail trade, business confidence, building consents, terms of trade. China: NBS PMI’s....
Week Ahead – Long Overdue US Q4 GDP, Other Data Backlog to Dominate
The fourth quarter GDP estimates for the United States will finally be published next week following the disruption to the American release calendar from the government shutdown. Canadian GDP will also be in focus, along with core PCE inflation numbers...
Weekly Focus – Trade Talks Enter Critical Phase as Brexit Deadline Draws Closer
This publication has been prepared by Danske Markets for information purposes only. It is not an offer or solicitation of any offer to purchase or sell any financial instrument. Whilst reasonable care has been taken to ensure that its contents...
MARKET WRAP: Markets High on Hopes
The pivotal point in trade talks drove markets higher. The hopes are that China and US will be able to forge a deal. Stocks The S&P 500 Index jumped by 0.29 percent as of 15:39 London time. There were 188...
Hungary gets a ratings upgrade, Croatia should be next
Increasing demand for beach holidays in Croatia is contributing to the country’s economic growth This week’s news of Standard & Poor’s upgrading its sovereign borrower rating of Hungary came as little surprise. Although economic growth is expected to slow down...
Slowing Trend in Canadian Retail SalesContinues
Highlights: Retail sales edged 0.1% lower in December but were up 0.2% excluding price changes. E-commerce sales were up 4.6% from a year-ago. That was down sharply from 21% increases in each of the two prior months and could imply...
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