Daily Update
Daily Update 29 July, 2021
U.S. markets closed mixed as the Fed Reserve held interest rates and the Chairman commented that he was still “a ways away” from raising them.
Read MoreDaily Update 28 July, 2021
Despite U.S. markets closing lower overnight, consumer confidence improved for a sixth straight month in July to a fresh pandemic high.
Read MoreDaily Update 27 July, 2021
U.S. markets closed mostly higher. New U.S. home sales dropped in June with weakening demand in light of elevated prices and tight supply.
Read MoreDaily Update 26 July, 2021
European equity markets closed higher on Friday as Europe’s economic surge strengthened in July, boosted by the services
Read MoreDaily Update 23 July, 2021
U.S. markets closed higher overnight, Applications for U.S. state unemployment insurance rose unexpectedly in week ended July 17 by the most since late March.
Read MoreDaily Update 22 July, 2021
U.S. markets closed higher overnight. Bitcoin soared after some prominent voices discussed its prospects at the “B Word” conference.
Read MoreDaily Update 21 July, 2021
U.S. markets closed higher overnight, as U.S. housing starts increased in June by more than forecast with initial home construction rising +6.3%.
Read MoreDaily Update 20 July, 2021
U.S. markets closed lower as U.S. homebuilders' confidence fell to an 11-month low in line with elevated materials prices and supply shortages.
Read MoreDaily Update 19 July, 2021
U.S. markets closed lower with consumer sentiment declining on the back of inflation expectations of +4.8% over the next year, the highest since August 2008.
Read MoreDaily Update 16 July, 2021
U.S. equity markets closed mostly lower as Fed Chair Jerome Powell’s persistent dovishness raised concern about the economic recovery's sustainability.
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