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  • 2016 began on a note of increased volatility and stress across global market. Equity markets fell, spreads on high-yield bonds widened and commodities tanked further. The US Fed kept interest rates unchanged in its January meet and said it was “closely monitoring” global developments, but maintained an otherwise upbeat view of the US economy. While, the Bank of Japan pushed interest rates into negative territory (lenders pay!) and European Central Bank signaled more easing..,..............................read more
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