Market update for the week ending December 15 2018 CRUDE OIL 51.23 — GOLD 1.238.10 — SILVER 14.49 — EUR/USD 1.13 Stocks ended the week down – Signs of a slowing economy in Asia and Europe wiped out gains earlier in the week as stocks fell 2% on Friday. Earlier in the week it looked like stocks would end the week higher as investors felt more optimistic that a trade deal would be worked out with China after President Trump tweeted that progress has been made, and talks with China have been productive. An…
Read MoreTag: par Rafic Vartan
L’économie US par Rafic Vartan
Market update for the week ending October 13 2018 CRUDE OIL 71.51 — GOLD 1.221.60 — SILVER 14.63 — EUR/USD 1.16 Stocks have largest weekly loss since March – Stock markets ended higher on Friday after 6 straight losing sessions to end the week with the largest weekly loss in 7 months. Investors feared rising interest rates, trade war concerns with China, and rising international pressures after the International Monetary Fund reduced its growth expectations for next year. Friday a report showed that inflation grew less than expected, which calmed investors. The consumer…
Read MoreLe point sur l’économie US par Rafic Vartan
L'économie US au 11 août 2018 par Rafic Vartan Market update for the week ending August 11 2018 CRUDE OIL 67.75 — GOLD 1219.20 — SILVER 15.31 — EUR/USD 1.14 Stocks lower for the week – Stock market indexes posted their first weekly loss since the last week of June. Markets, which were within 1/2% of all-time highs last week, after a stellar second quarter earnings season, reacted to a financial crisis in Turkey and an increase in back and forth tariff threats between The U.S. and China. The Dow Jones Industrial Average closed the week at 25,313.14, down from…
Read More