Financial Markets & Economy

EWM Weekly Capital Market Highlights for Week Ended 08/03/2018

By August 4, 2018 No Comments

WEEKLY CAPITAL MARKET HIGHLIGHTS:

  • Domestic equities were positive for the week, with small cap stocks leading the way. International equities were down on the week, and emerging markets struggled the most.
  • Treasury yields were mostly up through end of day Thursday, with the greatest increase in yields occurring at the longer end of the curve.
  • The US dollar strengthened during the week, as the Bank of England raised rates and its hawkish remarks failed to appease investors’ concerns about the economic outlook.
  • Commodities were down overall, led by a drop in gold prices. Oil ended the week in positive territory.
  • In other economic news, the Purchasing Managers’ Index, which indicates the overall economic health of the manufacturing sector, was down to a five-month low of 55.3. The report indicates continued economic expansion despite headwinds from supply shortages, rising prices, and deteriorating exports.

Click here to download the complete weekly report: ewmweeklyreview8318

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