The Week Ahead: The Fed and Earnings Will Be in Focus
While investors are likely to remain focused on corporate earnings in the week ahead, there are a few economic data releases and the Fed’s meeting scheduled. With no expected tail…
The Japanese yen (JYN) had another positive week, posting gains of 1.3% and closing at 111.12 against the US dollar (UUP). The previous week’s close for the currency pair was…
The British pound (FXB) has had a roller coaster ride over the last few weeks, as mixed signals were given by the Bank of England. After a hawkish tone at its…
The S&P 500 (SPY) index reached another peak last week, driven by solid earnings by major US corporations. The index was at 2,472.54, with a gain of 0.54%, taking the…
The number of weekly unemployment claims represents a true picture of employment conditions in the US economy.
In this series, we’ll explore the latest data from the Leading Economic Index, one of three composite business cycle indicators released by The Conference Board.
The small-cap stock universe started rallying after Trump’s victory in November.
The CBOE Volatility Index (VIX) measures the volatility in the US stock market as represented by the S&P 500 Index (SPY) (SPX-Index).
The S&P 500 Information Technology Index broke a 17-year-old record on Wednesday, July 19.
According to the statement it released at the end of its two-day meeting on July 20, 2017, the Bank of Japan has left its monetary policy unchanged.
The British pound (GBB) closed for the week at 1.310, appreciating by 1.6% against the US dollar.
The Japanese yen (JYN) had a sharp turnaround against the US dollar (USDU) last week.
Markets will remain focused on the ECB policy meeting scheduled for Thursday this week.
The US Dollar Index (UUP) closed at 94.9, depreciating by 0.90% last week.
The CBOE Volatility Index (VXX), which is a measure of market volatility, remained subdued last week.
The VanEck Vectors Morningstar Wide Moat ETF (MOAT) tracks the price and yield performance of the Morningstar Wide Moat Focus Index.
Carnival is among the most profitable and financially strong leisure travel companies in the world. It provides leisure travel to all major cruise destinations across the globe.
The tone of Yellen’s responses before the committee confirmed that the Fed is set to stay its course on monetary tightening, leading to policy normalization.
In any economy, the cost of fuel plays an important part in retail sales (XRT) and inflation (TIP).
The Redbook Index averaged 2.4% growth in June as compared to monthly growth of 1.8% in May.