US Data increasingly support the notion that the economy should be able to withstand the global slowdown. The economy grew more than initially reported in Q4 of 2015 while growth in the current quarter is also holding up, with monthly data pointing to a strong performance in consumption and residential investment. Fourth quarter US GDP [...]
US Risk assets were in demand again this week after several weeks of being shunned. Global markets will close up this week and US Treasuries sold off although low yields still signal market unease. Oil is holding on to last week’s rally as the dollar weakened marginally against its major trading partners. The FOMC minutes [...]
US The risk-off sentiment was palpable through much of the week, as equites and oil sold off, while safe heaven assets rallied. Markets have recovered some ground on Friday, following better-than-expected retail sales report which helped to dissuade fears about the health of the US economy. Another key concern among investors this week was the [...]
US It was another tough week in financial markets. While the US economy created 151k jobs in January and the unemployment rate fell to 4.9% (from 5.0%), the economic data did little to alleviate fears over the US.economy’s susceptibility to weak global growth and the strong dollar. Financial conditions have certainly tightened over the start [...]
