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US equity outperformance resumes

US equities gained on Friday on the back of the deal to raise the debt ceiling and a mixed bag of economic reports that suggested the Federal Reserve…

3 years ago

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Stocks rally on renewed economic optimism and debt ceiling resolution

Although this week's employment data was generally stronger and US manufacturing remains under pressure, equities and bonds broadly rallied yesterday…

3 years, 1 month ago

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Debt ceiling bill passes in the House with broad bipartisan support

The US House of Representatives passed a bill late yesterday to suspend the USD 31.4 trillion debt ceiling. The bill will now pass to the Senate just…

3 years, 1 month ago

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Weak Chinese PMI prompts market selloff

China's economic recovery weakened in May as manufacturing activity slumped, prompting investors to sell stocks and call for more stimulus to boost g…

3 years, 1 month ago

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US debt ceiling negotiations clear their first hurdle

Futures markets have reacted with cautious optimism to the fact that President Joe Biden and House Speaker Kevin McCarthy finally reached an agreemen…

3 years, 1 month ago

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Tech sector shines as time runs out to avoid US government default

The tech sector rallied strongly yesterday, while other sectors and the broader market were flat to slightly lower. This followed the upbeat outlook …

3 years, 1 month ago

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Fitch move adds to pressure on markets

US ratings agency Fitch put the United States’ AAA bond rating on negative watch yesterday, saying that the debt ceiling negotiations have raised the…

3 years, 1 month ago

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US debt-ceiling impasse dents investor sentiment

Global equity markets suffer losses after continued US debt-ceiling negotiations ended without a deal yesterday. This increases the likelihood that t…

3 years, 1 month ago

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No deal yet

The US debt ceiling negotiations are still stealing the spotlight and while House Speaker Kevin McCarthy and US President Joe Biden had a “productive…

3 years, 1 month ago

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Positive momentum in major global equity indices

The S&P 500 is at its highest level this year and the German DAX index is at an all-time high. This week, the US debt ceiling, US & eurozone interest…

3 years, 1 month ago

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