Last week global stocks rallied, with U.S. reaching a record high since end of January. Though, markets started the week with no direction, at least in our view, but ended strongly after Federal Reserve Chair Powell's speech in Jackson Hole....
Download reportLast week the U.S. market except NASDAQ tech index, managed to close positive, but Europe struggled. The Financial and currency turmoil in Turkey and worrisome over U.S. and China trade war were among the negative factors, which caused the market loss. On the other hand, strong second-quarter earnings and, finally, U.S. announcement to meet with …
Download reportLast week U.S. market rose, while the rest closed on the red. In U.S. unemployment rate fell to 3.9%, the closest to cyclical low, while wages showed a solid gain; both underscore the ongoing healthy economy as well as labour market....
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