•    Global equities ended the week in the positive territory on the back of positive momentum on trade talks and earning surprises. In the US, 40% of S&P 500 companies have reported 3Q results, out of which 80% have reported positive EPS surprises. However, 4Q guidance is somewhat weak, while…

Asian equities were boosted by two major positives last week. US-China announced a narrow-short term deal; while the UK entered into a deal with EU on Brexit possibly culminating into an orderly Brexit thus reducing tail risks.

Global Indexes ended higher last week due to improvement in trade deal. In the beginning of the week, markets ended in red as investors were spooked after the US government blacklisted several Chinese firms (these companies are accused of violating minority human rights). However, Trump met with China’s Vice Premier…

Global Equities dropped throughout the week, dragged by weaker economic data from the US and from Europe, especially weighed by 1) the ISM manufacturing and non-manufacturing numbers, 2) by even weaker final Eurozone PMIs vs the flash releases and 3) after Germany’s five leading research institutes slashed their forecasts for…

Global indices ended the week lower with Dow Jones and S&P 500 declined by -1.0% WoW and -0.4% WoW, respectively. In the US, news has been focusing on the potential impeachment of President Trump, which could create uncertainty on the political situation heading into 2020 presidential election.

Majority of global indexes were closed lower last Friday with Dow Jones and S&P declined by -1.0% WoW and -0.5% WoW respectively. Earlier last week, hawkish Fed rate cut gave positive sentiment to equity indexes. Yet, stocks turned lower in Friday after a report that a Chinese delegation cancelled plans…

Positive news continued to trickle in this past week, further boosting equities. First, trade tensions eased further on a slew of goodwill ‘gestures’ by both the US and China. China exempted 16 US products from tariffs while on Friday it announced it will exempt US soybeans, pork and other agricultural…

Dow Jones and S&P Index were up by +1.5% WoW and +1.8% WoW respectively, as US and China agreed to restart trade talk in October 2019.