Weekly Fundamental Prep and Weekend Review KW27-2019

Stocks rallied while bonds retreated in Asia on Monday as a thaw in the Sino-U.S. trade dispute tempered risks to the global economy, leading investors to pare back wagers on aggressive policy easing by the major central banks.  The dollar gained on the safe-haven yen as Treasury yields jumped and futures reined in bets for […]

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US Market Debrief for the 28th of June 2019

Stock market wraps up best June since 1955 with more gains and eye on G-20 The S&P 500 gained 0.6% on Friday, wrapping up its best June since 1955 and closing out the quarter on a high note, as the market positioned itself for the G-20 meeting between President Trump and President Xi.  The Dow […]

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Afternoon Market Briefing 28th of June 2019

Stocks on pace to end quarter on high note, investors await G-20 meeting The stock market trades near session highs on the last trading day of the quarter, while investors await the G-20 meeting between President Trump and President Xi later tonight. The S&P 500 (+0.5%), Dow Jones Industrial Average (+0.4%), and Nasdaq Composite (+0.5%) […]

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Morning Briefing for the 28th of June 2019

Should be a positive day into quarter end The S&P 500 futures trade eight points, or 0.3%, above fair value on the final trading day of the second quarter and as investors prepare for President Trump’s meeting with President Xi at the G-20 summit in Japan. That meeting will take place tonight at 10:30 p.m. […]

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US Market Debrief 27th of June 2019

The end of the losing streak The S&P 500 advanced 0.4% on Thursday, snapping a four-session losing streak, as investors looked forward to the G-20 summit in Japan. Shares of financial companies led the broad-based advance, while energy stocks capped additional gains.  The Nasdaq Composite increased 0.7%, and the Russell 2000 increased 1.9%. The Dow Jones […]

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Afternoon Market Check 27th of June 2019

G-20 summit nears, and we wait The S&P 500 is up 0.4% in a broad-based advance led by shares of the financial companies. The stock market remains fixated on President Trump’s highly-anticipated G-20 meeting with President Xi this weekend. The Nasdaq Composite is up 0.7%, and the Russell 2000 is up 1.1%. The Dow Jones […]

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US Morning Briefing 27th of June 2019

U.S. equity futures are mixed, as investors weigh conflicting trade headlines out of the U.S. and China while also assessing the latest 737 MAX update from Boeing (BA 365.60, -9.34, -2.5%). The S&P 500 futures trade three points, or 0.1%, above fair value.  Sources from The South China Morning Post indicated on Thursday that a tentative trade truce has already […]

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US Debrief 26th of June 2019

Mixed action with defensive-oriented sectors underperforming The S&P 500 declined 0.1% on Wednesday in a mixed session. Cyclical sectors provided the market some support, but weakness in the defensive-oriented sectors dragged on the broader market.   The Dow Jones Industrial Average (-0.04%) finished fractionally lower, and the Russell 2000 declined 0.2%. The Nasdaq Composite increased 0.3% […]

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MID Day Eco review

Total durable goods orders declined 1.3% in May (Briefing.com consensus -0.3%) after declining 2.8% in April, yet orders, excluding transportation, increased 0.3% (Briefing.com consensus 0.1%) after dropping 0.1% in April. The key takeaway from the report is that shipments of nondefense capital goods, excluding aircraft — which factors into GDP forecasts — increased 0.7% on […]

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Morning Briefing 26th June 2019

Sentiment boosted by recycled trade deal view The S&P 500 futures trade 13 points, or 0.4%, above fair value, supported by lingering trade optimism and a rebound in the technology stocks.  Treasury Secretary Steven Mnuchin appeared on CNBC this morning, striking an optimistic tone regarding a U.S.-China trade deal. He reiterated prior comments that the U.S. was […]

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