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SIA Wealth Morning Minutes will not be issued tomorrow. It should return on Monday May 15. US index futures are mixed this morning trading between -0.2% and +0.2%. In Europe this morning, the Dax is flat, while the FTSE is
With the US Federal Reserve Board (yesterday afternoon) and the Bank of England (this morning) both raising their benchmark interest rates by 0.75% as expected, continuing the general trend toward monetary tightening, stock markets and commodities around the world have
Late yesterday afternoon, it appears that some investors tried to put a positive spin on yesterday’s larger than expected Fed rate hike (0.75% vs street 0.50% to 1.75%), perhaps on the notion that the faster the Fed raises rates, the
Building on yesterday’s rebound which saw a burst of short covering and bargain hunting after the big Fed decision unshackled investors, US index futures are all up about 0.6% this morning, adding to yesterday’s US index gains of 1-2%. Overseas
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