ECB Preview: No explicit change, hawkish bits – Danske Bank

Analysts at Danske Bank, do not expect explicit new forward guidance, but they see some hawkish bits. Key Quotes: “While we expect forward guidance to be changed in July, we can not rule out the possibility of it coming already next week given the recent comments from Praet. In our view,w ...

Peru stocks lower at close of trade; S&P Lima General down 0.12%

Investing.com – Peru stocks were lower after the close on Friday, as losses in the Food&Beverages, Mining and Industrials sectors led shares lower. At the close in Lima, the S&P Lima General fell 0.12%. The best performers of the session on the S&P Lima General were Candente Copper ...

Wall Street ends week with important gains

Dow Jones continues with its positive streak and posts highest close since mid-February. Main indexes ended week higher and the DXY suffered the worst slide since March. Wall Street indexes rose on Friday, extending weekly gains. The Dow Jones gained 0.30% and finished at 25,315 (highest clos ...

Top 5 Things That Moved Markets This Past Week

Investing.com – Top 5 things that rocked U.S. markets this week 1. Trump's Tangle With Allies Keeps Lid on U.S. Equity Rally U.S. stock markets rose more than 1% this week but gains were held back in latter part of the week somewhat as focus shifted to escalating trade tension between th ...

Mexico stocks higher at close of trade; S&P/BMV IPC up 1.02%

Investing.com – Mexico stocks were higher after the close on Friday, as gains in the Materials, Industrials and Telecoms Services sectors led shares higher. At the close in Mexico, the S&P/BMV IPC rose 1.02%. The best performers of the session on the S&P/BMV IPC were Grupo Carso, S.A.B. De ...

Brazil stocks lower at close of trade; Bovespa down 1.24%

Investing.com – Brazil stocks were lower after the close on Friday, as losses in the Basic Materials, Industrials and Public Utilities sectors led shares lower. At the close in Sao Paulo, the Bovespa declined 1.24% to hit a new 3-months low. The best performers of the session on the Bovespa were ...

Canada stocks higher at close of trade; S&P/TSX Composite up 0.01%

Investing.com – Canada stocks were higher after the close on Friday, as gains in the Consumer Staples, Healthcare and Utilities sectors led shares higher. At the close in Toronto, the S&P/TSX Composite added 0.01% to hit a new 3-months high. The best performers of the session on the S&P/TSX ...

EUR/USD: Despite Friday’s correction, posts best best week since February

EUR/SUD corrected lower on Friday but still managed to have the best week in months. Busy week ahead: US CPI, ECB, FOMC, Trump, trade war and more. The EUR/USD pair dropped on Friday after rising during the previous four trading days. Still, the Euro was about to finish the week sharply highe ...

Colombia stocks lower at close of trade; COLCAP down 0.10%

Investing.com – Colombia stocks were lower after the close on Friday, as losses in the Investment, Public Services and Industrials sectors led shares lower. At the close in Colombia, the COLCAP fell 0.10%. The best performers of the session on the COLCAP were Cemargos (CN:CCB), which rose 2.15% or ...

US Dollar to resume its downward trend – Wells Fargo

The currency strategy team at Wells Fargo expect the US Dollar to dropped against most major currencies later this year on the back of monetary policy. Key Quotes: “The U.S. dollar reversed much of its weakness in recent months after declining roughly 8 percent in 2017. Economic growth ha ...

Fed to raise rates, dot plot to remain at 3 hikes for 2018 – TDS

According to analysts from TDS, the market is extremely well priced for a June rate hike next week from the Federal Reserve and they see that the FOMC will not disappoint. They expect the 2018 median dot to remain at three hikes for the year, with the dispersion in subsequent years to remain high ...

USD/CAD extends reversal from above 1.3000 and eyes 1.2920

Loonie recovers strength after lower-than-expected Canadian jobs data. USD/CAD extends slide and turns negative for the week. The USD/CAD pair dropped during the US session to the lowest level in two days. Near the end of the week was hovering around 1.2930, more than a hundred pips below th ...