Financial Markets & EconomyWeekly Capital Market Updates

EWM Weekly Capital Market Highlights for Week Ending 7/19/2019

By July 22, 2019 No Comments
  • US equities traded mostly lower during the week on disappointing earnings concerns, worries about the health of the economy, and lack of progress in resolving the trade dispute with China.
  • The Yield on the 10-Year US Treasury Note drifted lower toward 2% over the course of the week, or more than one percentage point below its peak last November.
  • The US dollar finished weaker against a basket of currencies, reflecting rising expectations that the Fed could cut short-term lending rates by 50 basis points, rather than a more typical 25.
  • Gold extended its rally and hit a six-year high on concerns about worsening relations in the Middle East, a lower dollar, and falling government bond yields.
  • Oil prices have declined to their lowest levels in a month, despite growing tensions in the Middle East, as weaker demand and growing US inventories weighed on the market.

Click here to download the complete weekly report: EWMWeeklyReview 7.22.19

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