Market update for the week ending August 4 2018 CRUDE OIL 68.68 — GOLD 1221.90 — SILVER 15.42 — EUR/USD 1.16 Strong corporate earnings overshadowed trade fears this week – With over 30% of companies reporting second quarter earnings, this earnings season is turning out mostly positive. Most companies posted results that beat expectations. While Tech stocks sunk last week after Facebook reported disappointing earnings, they soared this week after Apple’s earnings were reported. Apple became the first company to have a valuation of over $1 trillion. China and the U.S. both stepped up tariffs on more products, while…
Read MoreLe point économique aux USA par Rafic Vartan
