Risk Sentiments Turned On Again, But Euro Likely to Stay Weak on Third Wave
After staying cautious for most of the week, risk sentiments were turned on again towards the end, bringing DOW and S&P 500 to new record highs. Aussie, Kiwi and Sterling staged a strong come back while Yen and Swiss Franc...
Weekly Economic & Financial Commentary: Softer Economic Data Do Not Signal a Change in Underlying Momentum
U.S. Review Softer Economic Data Do Not Signal a Change in Underlying Momentum This week’s larger-than-expected declines in durable goods orders as well as new and existing home sales do not signal a shift in the economy’s strong underlying momentum....
The Weekly Bottom Line: Bad February Data a Temporary Setback
U.S. Highlights Markets see-sawed on the week as investors were pulled between positive economic news and concerns about rising bond yields and rising Covid-19 cases in Europe. Soft U.S. economic data for February, which was hit by severe winter weather,...
Week Ahead: Where Do We Start?
This could be one of the busiest weeks of the year for the markets or it could be extremely dull. The coronavirus is still plaguing Europe. With more lockdowns and restrictions on the way, the vaccine rollout continues to be...
Week Ahead: Has the US Economic Boom Been Mostly Priced in?
Vaccine rollout success in the US has Wall Street quickly pricing in rapid growth during the recovery stage. The trend in daily new cases is rising in the US but the successful vaccine rollout will make any sharp accelerations short-lived....