Peru stocks higher at close of trade; S&P Lima General up 0.28%

Investing.com – Peru stocks were higher after the close on Friday, as gains in the S&P Lima Juniors, Banking&Financials and Mining sectors led shares higher. At the close in Lima, the S&P Lima General rose 0.28% to hit a new 3-years high. The best performers of the session on the ...

Top 5 things that moved markets this past week

Investing.com – Take a peek at the top 5 things that rocked U.S. markets this week. The euro made a late dash to the top EUR/USD surged to session highs in late trade Friday, following a speech by European Central Bank president Mario Draghi at Jackson Hole. As was widely expected, Dragh ...

Brazil stocks lower at close of trade; Bovespa down 0.08%

Investing.com – Brazil stocks were lower after the close on Friday, as losses in the Electric Power, Financials and Consumption sectors led shares lower. At the close in Sao Paulo, the Bovespa lost 0.08%. The best performers of the session on the Bovespa were JBS SA (SA:JBSS3), which rose 5.34% or ...

Mexico stocks lower at close of trade; IPC down 0.19%

Investing.com – Mexico stocks were lower after the close on Friday, as losses in the Consumer Staples, Healthcare and Consumer Goods&Services sectors led shares lower. At the close in Mexico, the IPC lost 0.19%. The best performers of the session on the IPC were Alpek, S.A.B. De C.V. ...

Canada stocks lower at close of trade; S&P/TSX Composite down 0.13%

Investing.com – Canada stocks were lower after the close on Friday, as losses in the IT, Healthcare and Consumer Staples sectors led shares lower. At the close in Toronto, the S&P/TSX Composite fell 0.13%. The best performers of the session on the S&P/TSX Composite were Aecon Group Inc . ...

Colombia stocks lower at close of trade; COLCAP down 0.30%

Investing.com – Colombia stocks were lower after the close on Friday, as losses in the Public Services, Industrials and Financials sectors led shares lower. At the close in Colombia, the COLCAP declined 0.30%. The best performers of the session on the COLCAP were Grupoaval (CN:GAA), which rose ...

Toro sees more downside as analysts downgrade stock

Investing.com - The downside wasn’t over for Toro Co (NYSE:TTC), with the company’s stock falling again on Friday after shares declined Thursday after the company’s release of its second quarter results. On Friday, Seaport Global cuts Toro to Neutral from Buy and slashed its price target to $67 from ...

Dow snaps 2-week losing streak on tax reform hopes

Investing.com – Wall Street closed higher on Friday, snapping a two-week losing streak amid renewed optimism that President Donald Trump will deliver on tax reform while falling expectations of a rate hike later this year boosted sentiment. The Dow Jones Industrial Average closed lower a ...

The ECB after Jackson Hole: taper tiptoeing will continue – ING

Analysts at ING explained that after all the excitement about possible Draghi fireworks in Jackson Hole, the just delivered speech was an anti-climax, a non-starter. With no hints at tapering or the current stance of monetary policy, markets will now look out for the 7 September meeting. The deman ...

Wall Street closes in the green after Yellen’s and Draghi’s speeches

Wall Street remains robust into the close at the end of the week where investors cheered the status quo from Draghi while Yellen did not talk about monetary policy at the Federal Reserve Bank of Kansas City’s Economic Symposium at Jackson Hole. Markets quickly turned back to the idea that th ...

Draghi speaks, Dollar Index clocks fresh 15-month low

The Dollar Index [DXY] fell to a fresh 15-month low of 92.42 after ECB President Draghi, while speaking at the Jackson Hole Symposium, refrained from commenting on the EUR exchange rate.  The resulting spike in the EUR/USD yielded another leg lower in the USD across the board.  ...

EUR/JPY – Clocks 10-day, bullish falling channel breakout

ECB President Draghi kept mum on the exchange rate, thus forcing the EUR bears to ditch their shorts. EUR/JPY witnessed a bullish falling channel breakout and jumped to a 10-day high of 130.40.  ECB minutes released on August 17 had revealed concerns among policymakers over Euro strength ...