Daily Update 26 July, 2021

European equity markets closed higher on Friday as Europe’s economic surge strengthened in July, boosted by the services

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Daily 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.

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Daily Update 22 July, 2021

U.S. markets closed higher overnight. Bitcoin soared after some prominent voices discussed its prospects at the “B Word” conference.

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Daily 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%.

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Daily 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.

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Daily 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.

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Daily 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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Daily Update 15 July, 2021

U.S. markets closed mostly higher overnight after the Fed announced the pace of the U.S. recovery picked up in the past two months.

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Daily Update 14 July, 2021

U.S. equity markets closed lower with concern over inflationary pressures as U.S. consumer price data surged in June by the most since 2008.

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Daily Update 13 July, 2021

U.S. investors remain concerned about delta and slowing vaccination rates with cases soaring 47%, the largest weekly rise since April 2020.

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