Opec Crude ends week higher while the Agricultural and Metal Indices net neutral and down. Gold sharply down. Volatile week in equity markets as markets price in Treasury yield increases. US New Building Permits continue rapid growth. FED asset purchases expand at a higher gear. OAS Idx shows premium dropping in the face of the … Read more
Major commodity class prices continue to increase. Global equity indices mixed, with S & P 500 staying relatively flat for a second week. US Initial Jobless claims also up for second week in a row, with 861,000 new claims. US Real Estate delinquencies rose in the summer of 2020. Fed balance sheet spikes on increased … Read more
Covered equity indices mostly flat over the past week. Initial Jobless claims largely unchanged as well at 793,000 new claims on the week. Benchmark Treasury yields slightly down. Dollar index shows bearish reversal. In commodities, Oil crests $60 a barrel while agricultural products and metals increase in price as well.
Most major indices end higher or flat on the week, with the S & P 500 reaching new all time highs. In the US, initial claims drop to 779k. Benchmark Treasuries yields rise back to mid-January highs. Manufacturing confidence down slightly, while services sentiment rises. Bit of a flat week for Fed balance sheet reflecting … Read more
Down week in market global equity markets. The level of new initial jobless claims drops slightly to 847k. 10 Yr Treasuries yields continue to drop after Jan 8 spike. Fed fund rates drops another basis point this week. The Fed’s overall asset purchase level decreased from previous week’s level, though Treasuries purchase continue to expand … Read more
A mixed performance across global equities this week, though Friday was mostly a down day. In the US, initial claims jump to 965k, a troubling reversal of recent trends. The Federal Reserve continues to support market with its asset purchases, though momentum be slowing. Fixed income spreads are increasing in the riskier issuances. In commodities, … Read more
Global equity markets kick into gear after slower first week. In the US, equity markets rise to new highs once again. The labor markets underperforms as job recovery halts after December virus surge. Sentiment indicators released for December show that manufacturing confidence continues to increase, but consumers and services are much less certain about their … Read more
Equity performance mostly up or flat on the week. S & P 500 and DAX edged some gains while FTSE and Nikkei relatively unmoved. US initial claims made headlines with a bigger than anticipated rise in levels to 885k. 10 Year Benchmark yields rally back into recent range. US New Building Permits rose again in … Read more
Week is mostly flat for equities with some risk off sentiment towards Thursday and Friday. US CPI continues post recovery increase but Initial Claims rise to 835,000 on the week. US 10 year yield end week essentially where it started as levels continue to go sideways. US Federal budget balance improves, though remains in deficit. … Read more
Global equity markets mixed on slight upward or sideways pressure. Despite the slowdown in bullish momentum, US equity markets in particular still had record setting moments this week. US Initial jobless claims fell back to down to 712k. US 10 Yr Treasury rates jump this week but fails to reach recent highs before correcting somewhat … Read more