European Markets Struggle in Wake of Cohn Resignation

Asian markets weren’t the only ones to struggle after Gary Cohn, U.S. resident Donald Trump’s top economic advisor quit on Tuesday; European markets were also broadly lower following the news. German Economy Minister Brigitte Zypries said on Wednesday that she hoped Trump would change his mind about the import tariffs he’s seeking to impose on […]

Stock Market Advances Continue to Surprise

The S&P 500 closed last week with the strongest gains in five years, even as markets wavered after Special Counsel Robert Mueller issued an indictment for 13 Russian nationals and three Russian companies that are believed to have participated in a scheme to interfere with the results of last year’s U.S. presidential election on behalf […]

Geopolitical Tensions Weigh on Dollar, Stock Markets

The dollar retreated from its three-week high despite the release of minutes from March’s Federal Reserve meeting which showed a decidedly hawkish tone. The minutes, released on Wednesday, related that most policymakers are in favor of reducing the country’s balance sheet sometime in 2017, a sentiment that reduced risk appetite. The minutes also showed that […]