Mexico stocks higher at close of trade; S&P/BMV IPC up 0.66%

Investing.com – Mexico stocks were higher after the close on Friday, as gains in the Financial Services, Industrials and Telecoms Services sectors led shares higher. At the close in Mexico, the S&P/BMV IPC rose 0.66%. The best performers of the session on the S&P/BMV IPC were Grupo Carso, ...

CAD/JPY gaining momentum amid BoJ dovish tone.

BoJ dovish tone weakens the Yen. Poloz, Governor of Bank of Canada speaks next Tuesday at 14.30 GMT. Mr. Kuroda from the Bank of Japan earlier on Friday said that the central bank “will patiently continue with current aggressive stimulus to achieve 2% price target”. He insite ...

Stocks higher on poor US average earnings

Stellar NFP but poor average hourly earnings. S&P500 double top at 2782.75. The S&P500 is trading at around 2783 up 1.62% on the day, the Dow Jones at 25322 up 1.78% and the tech-heavy Nasdaq at 7095.00 up also 1.78% so far on Friday.  Today the main event is the NFP report ...

Top 5 Things That Moved Markets This Past Week

Investing.com – Top 5 things that rocked U.S. markets this week. 1. Wage Growth: Lightening Doesn’t Strike Twice Traders had to endure yet another week of wild swings in U.S. stock markets as jobs data, Trump’s tariffs and a surprise conciliatory gesture by North Korean leader Kim Jong Un he ...

Peru stocks higher at close of trade; S&P Lima General up 0.72%

Investing.com – Peru stocks were higher after the close on Friday, as gains in the Mining, Non-Metal Minerals and Banking&Financials sectors led shares higher. At the close in Lima, the S&P Lima General gained 0.72%. The best performers of the session on the S&P Lima General were ...

Brazil stocks higher at close of trade; Bovespa up 1.63%

Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Industrials, Consumption and Financials sectors led shares higher. At the close in Sao Paulo, the Bovespa gained 1.63%. The best performers of the session on the Bovespa were Embraer SA (SA:EMBR3), which rose 6.99% ...

Canada stocks higher at close of trade; S&P/TSX Composite up 0.23%

Investing.com – Canada stocks were higher after the close on Friday, as gains in the Clean Technology, Consumer Staples and Industrials sectors led shares higher. At the close in Toronto, the S&P/TSX Composite gained 0.23%. The best performers of the session on the S&P/TSX Composite were ...

CFTC: Speculators Less Bullish on Euro, Oil; Less Bearish on Yen

Investing.com - The Commodity Futures Trading Commission released its weekly Commitments of Traders report for the week ending March 6 on Friday.Speculative positioning in the CME and ICE currency, commodity, energy and index futures: LongShor ...

EUR/CAD retreats from 2-year high resistance, Poloz next week

The EUR/CAD is closing the week with a reversal pattern. Bank of Canada Governo Poloz to speak on Tuesday at 14.30 GMT. The EUR/CAD is trading at around 1.5800 down approx 0.48% on Friday so far. The main event of the week for the EUR/CAD has been the ECB meeting on Thursday, leaving rate ...

Colombia stocks higher at close of trade; COLCAP up 0.04%

Investing.com – Colombia stocks were higher after the close on Friday, as gains in the Services, Industrials and Financials sectors led shares higher. At the close in Colombia, the COLCAP added 0.04%. The best performers of the session on the COLCAP were Cementos Argos Pf (CN:CCB_p), which rose ...

Political risks back in euro and Italian bonds – Danske

According to analysts from Danske Bank, the Eurosceptic win in the Italian elections last Sunday leaves political risk premium in EUR and Italian bonds under pressure. Key Quotes:  “While the SPD voted to join the CDU in forming a coalition government, securing Angela Merkel another ter ...

Eurozone: Despite speedbumps, expansion continues – Wells Fargo

Analysts at Wells Fargo, look for the Eurozone economic expansion to generally remain intact after real GDP grew 2.5% in 2017, the strongest annual growth rate since 2007.  Key Quotes:  “Data released this week confirmed that real GDP in the Eurozone grew at an annualized rate o ...

Fed: lack of wage and price pressures do not preclude further tightening – NBF

Krishen Rangasamy, analyst at National Bank of Canada, points out that the recent NFP is consistent with continued economic expansion in Q1 and adds that lack of wage and price pressures do not make impossible more monetary tightening from the Federal Reserve.  Key Quotes: “The U.S ...