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👤Arthur Greene
🕔August 12, 2016
All 3 major stock indices have hit record highs for the first time since 1999. Wall street stocks closed at a record high on Thursday as surging oil prices and healthy earnings report from department stores Kohl’s and Macy’s brightened investor sentiment.…
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👤Arthur Greene
🕔July 30, 2016
The current market uptrend may have come a long way but stocks are still likely to clip higher levels next week if earnings reports continue to promote the current market sentiment with higher-than-expected values which strengthens the conviction that the recovery of the US economy is very much in the picture.…
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👤Isaac Ndegwa
🕔July 15, 2016
The US stocks on Friday made a great slide from their record highs while the dollar itself gained much during Friday’s trading.
The dollar has gained versus most of the other majors with the US treasuries releasing data that shows the biggest ever drop in manufacturing and sales optimism in 2016.…
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👤Don Bennett
🕔July 7, 2016
The recent downgrade in Australia’s Credit Rating outlook has changed from stable to negative by S&P Global Ratings causing a major decline in the Aussie Dollar against its major rivals. According to S&P, there is one-third chance of lowering the rating further in the next two years unless necessary actions are being taken by the parliament to improve their budget position.…
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