City A.M. TV: Daily Market Snapshot (video) March 25, 2021 Risk aversion continued to work its way through global financial markets yesterday.
City A.M. TV: Daily Market Snapshot (video) March 24, 2021 The rotation out of the recent winners (especially the ‘reflation trades’) continued yesterday. In particular, the oil price was sharply lower (-6%); bond yields continued to ease, with the US 10 year yield off again (by 6bps); and the Russell 2000 was notably weak (-3.6%, i.e. given its ‘reflation’ and energy exposure). On this occasion, [...]
City A.M. TV: Daily Market Snapshot (video) March 22, 2021 City A.M. TV: Daily Market Snapshot (video)
New US jobless claims jumped last week to 770,000 March 18, 2021 New US jobless claims unexpectedly jumped last week to 770,000. Initial claims for state unemployment benefits came in at a seasonally adjusted 770,000 for the week to 13 March, the Labor Department said today. The week before new US jobless claims came in at 725,000 people seeking benefits. Today’s numbers were worse than what economists [...]
Markets: FTSE eeks out gains as UK’s GDP drops March 12, 2021 Markets: FTSE eeks out gains as UK's GDP falls
City A.M. TV – Daily Market Snapshot (video) March 9, 2021 City A.M. TV - Daily Market Snapshot (video)
All Greek to me: Apollo snaps up insurance giant Athene in $11bn US mega-deal March 8, 2021 All Greek to me: Apollo snaps up insurer Athene in $11bn US mega-deal
Pound sterling falls back to near $1.38 on US jobs data surprise March 5, 2021 Pound Sterling rises tempered by strong US economic figures
Number of new jobs in the US smashes expectations with 379,000 roles added in February March 5, 2021 Number of new jobs in the US smashes expectations with 379,000 roles added
Wall Street closes lower price after technology stocks retreat March 2, 2021 Wall Street closes lower price after technology stocks retreat