Mexico stocks lower at close of trade; S&P/BMV IPC down 0.11%

Investing.com – Mexico stocks were lower after the close on Friday, as losses in the Industrials, Materials and Telecoms Services sectors led shares lower. At the close in Mexico, the S&P/BMV IPC declined 0.11%. The best performers of the session on the S&P/BMV IPC were Gruma SAB de CV ...

Top 5 Things That Moved Markets This Past Week

Investing.com – Top 5 things that rocked U.S. markets this week. 1. Trade War Mania Grips Wall Street as Traders Flee Risky Assets At the onset of the week, much of investor focused was expected to be centred around one man: Jerome Powell, or “Jay”, Chairman of the Federal Reserve. Jay’s test ...

Peru stocks higher at close of trade; S&P Lima General up 0.38%

Investing.com – Peru stocks were higher after the close on Friday, as gains in the Mining, Banking&Financials and Industrials sectors led shares higher. At the close in Lima, the S&P Lima General gained 0.38%. The best performers of the session on the S&P Lima General were Aceros ...

Brazil stocks higher at close of trade; Bovespa up 0.45%

Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Public Utilities, Real Estate and Consumption sectors led shares higher. At the close in Sao Paulo, the Bovespa rose 0.45%. The best performers of the session on the Bovespa were Fleury SA (SA:FLRY3), which rose ...

Canada stocks lower at close of trade; S&P/TSX Composite down 0.01%

Investing.com – Canada stocks were lower after the close on Friday, as losses in the Healthcare, Energy and Industrials sectors led shares lower. At the close in Toronto, the S&P/TSX Composite declined 0.01%. The best performers of the session on the S&P/TSX Composite were Sleep Country ...

Impact of a stronger euro: focus should be on inflation rather than growth – BNPP

William De Vijlder, Group Chief Economist at BNP Paribas, affirmed that the euro is undervalued versus the dollar on a purchasing power parity (PPP) basis, rising the prospect of an appreciation of the euro. He added that in gauging the consequences, focus should be on inflation rather than on th ...

Eurozone: Politics and ECB – Danske Bank

The main events for the next day in the Eurozone, according to analysts from Danske Bank, are the Italian Parliamentary election being held and the results of the German SPD’s member vote on the coalition due to be released on Sunday. The other big event is the March ECB meeting (Thursday) ...

EUR/USD recovers, ending week higher ahead of Super Sunday

Euro rose further on Friday ahead of the Italian election and the German SPD coalition vote.  US Dollar ended on a weak tone after Trump’s announcement on tariffs.  EUR/USD is about to end the week trading above 1.2320, at the highest level in three days. The pair was able t ...

Colombia stocks lower at close of trade; COLCAP down 0.82%

Investing.com – Colombia stocks were lower after the close on Friday, as losses in the Industrials, Investment and Services sectors led shares lower. At the close in Colombia, the COLCAP declined 0.82% to hit a new 1-month low. The best performers of the session on the COLCAP were Bcolombia ...

Canadian GDP: Soft second half, still best year since 2011 – Wells Fargo

Red hot growth in the first half of the year gave way to only tepid growth in the second half in Canada in 2017 point out analysts from Wells Fargo. They mentioned that for 2017 as a whole, it was the biggest increase in GDP growth since 2011. Key Quotes:  “Real GDP growth in Canada cam ...

GBP/USD steady above 1.3750 after May’s speech

Cable unable to benefit from weak USD.  GBP among worst performers of the day and week. The pound remains steady following Theresa May Brexit speech. GBP/USD is about to end the week hovering around 1.3770/80, with a weekly loss of around 200 pips.  PM May spoke about the futur ...

Gold Prices Head For Second-Straight Weekly Loss Despite Sharp Upswing

Investing.com – Gold prices rose sharply supported by a slump in the dollar as fears of a potential global trade war mounted, adding to safe-haven demand, following President Donald Trump’s proposal to impose tariffs on steel and aluminium imports. Gold futures for April delivery on the Comex ...