Last week global stocks finished mixed, with U.S. in red and most of the Europe in just positive territory. Stocks were on track to finish a great week, until China unveiled a new round of retaliatory tariffs, i.e. imposing 5%-10% tariffs on $75 billion of U.S. goods, effective from Sep 1st and Dec 15th....
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Last week global stocks declined, for the third straight week. Investors were mostly concerned about the global economic slowdown and the brief inversion of the 2s10s Treasury yield curve, i.e. the two-year rate which went above the ten-year one....
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Last week global stocks finished lower. Markets were cruising modestly between volatilities caused by trade tension. Then, a sudden storm came up because of the inverted yield curve and Chinese currency which fell below the critical level of 7 yuan to the USD....
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Last week global stocks recorded their worst week, this year. Happy August! The month of choppy markets, since any rumour, speculation and conflicting news will attract investors' attention in a peak vacation season....
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