S&P 500 near All time high

S&P 500 near All time high

According to Reuters, the Federal Reserve is expected to cut interest rates again this month to keep the longest economic expansion in history, now in its 11th year, on track. The U.S. central bank lowered borrowing costs in July for the first time since 2008. Nonfarm payrolls increased by 130,000 jobs last month, the government...
Situation about Brexit is tangling

Situation about Brexit is tangling

According to Reuters, Parliament’s move leaves Brexit up in the air, with possible outcomes ranging from a turbulent no-deal exit to abandoning the whole endeavor - both outcomes would be unacceptable to swathes of the United Kingdom’s voters. An alliance of opposition lawmakers backed by 21 rebels from Johnson’s Conservative Party defeated the government on...
Trade deal in short-term?

Trade deal in short-term?

The end of the last week we could see higher volatility on the stock market because of next step - Tarrif war between Xi and Trump. According to the Reuters: Trump announced an additional duty on some $550 billion of targeted Chinese goods, hours after China unveiled retaliatory tariffs on $75 billion worth of U.S....
More rate cuts from fed?

More rate cuts from fed?

According to Reuters, The Federal Reserve debated cutting interest rates more aggressively at its last meeting, although central bankers were united in wanting to avoid the appearance of being on a path to more rate cuts, records from the meeting showed. The U.S. central bank cut rates by 25 basis points at the close of...
16.08.2019 - Market today

16.08.2019 - Market today

According to Reuters, Wall Street’s three main indexes are down at least 1.5% since last Friday, on track to rack up their third consecutive week of losses, as investors worried about the risk of recession and U.S.-China trade tensions. China’s state planner said overnight that it would roll out a plan to boost disposable income...