Month: September 2021

Major indices all higher The US stocks are closing near their highs for the day. The Russell 2000 index of small-cap stocks was the biggest gain or with a 1.1% rise. Dow and S&P up to the last three trading days NASDAQ snapped a five day losing streak The major indices closed near their highs
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Daily thread to exchange ideas and to share your thoughts Another lackadaisical day beckons in Europe with the market still looking rather indecisive this week for the most part. The dollar was sluggish yesterday while equities gained, with 10-year Treasury yields also inching up a little back to 1.30%. Put together, that isn’t really sending any clear
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The latest set of economic data reveals that China’s slowdown worsened. The most disappointing reading comes from retail sales growth which moderated to +2.5% y/y in August, compared with consensus of +7.1% and July’s +8.5%. The slowest growth in 12 months can be attributed to delta variant outbreak and the aftermath of July’s huge flood.
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Quieter tones as the session gets underway Eurostoxx +0.1% Germany DAX +0.1% France CAC 40 +0.1% UK FTSE flat Spain IBEX -0.1% Italy FTSE MIB +0.1% Not much there to really get excited about with US futures also just up slightly around 0.1% to 0.2%, following the losses sustained yesterday. The overall market mood looks
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A customer pushes her shopping cart through the aisles at a Walmart store in the Porter Ranch section of Los Angeles. Kevork Djansezian | Reuters Tuesday’s report of the consumer price index could set the tone for markets ahead of next week’s Federal Reserve meeting, particularly if it is hotter-than-expected. The CPI is expected to
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