Global markets finished the week lower   Global markets started the week mixed as investors digested the latest batch of economic data in Europe, which sent mixed signals about the state of the continent’s economy. On Tuesday markets moved sharply lower (S&P dropped by 1.5%) after Federal Reserve Chair Jerome Powel warned that the central […]

Global markets finished the week higher Global markets started the week higher following their worst week of the year. Pending home sales in the United States, which was released on Monday, jumped 8.1% in January higher than expected, after a slight decline in mortgage rates in December and January. On the same day, the European […]

Global markets finished the week mix. Global markets started the week lower. Euro Retail sales decreased by 2.8% year-on-year in December, a third consecutive drop, and slightly worse than market forecasts of a 2.7% decline. Investors were still concerned over the FED future interest rates increases. However, the markets have been taking some encouragement off […]

Global markets finished the week mix Global markets started the week lower. Germany’s gross domestic product (GDP) declined by 0.2% in the fourth quarter of 2022 compared to the previous three-month period, slightly more than analysts predicted. In addition Consumer confidence in the United States declined in January, at 107,1 down from the predicted 109.0. […]

Global markets finished the week higher Global markets started the week mixed. European Central Bank noted that “the near-term growth outlook is weaker for the Euro Area than for the United States” and ECB official Isabel Schnabel stated that interest rates will have to “rise significantly.” In addition, US markets gained in the middle of […]