Wall Street Archives - The Industry Spread

Wall Street Heats Up as Earnings Season Comes Into Focus, Brexit & Trade Deal Woes Inspire Caution

October 17, 2019

Equities and key indices in the global financial market are seeing a mixed activity as geo-political events see fading optimism despite recent progress. Move by US House of Representatives on passing a human rights bill which effectively provides support to pro-democracy protesters in Hong Kong via annual review to ensure that Hong Kong remains sufficiently autonomous from Beijing is viewed as an act of bad faith from Trump administration.

Nikkei Rebounds, Bitcoin Trades Above 10,000

August 19, 2019

Asian stocks are trading higher today mirroring the Wall Street rebound on Friday. The Hang Seng is trading 1.93 percent higher at 26,236, Nikkei225 in Japan is 0.64% higher at 20,547. The Shanghai Composite is trading 1.47 percent higher to 2,865, while in Singapore, the FTSE Straits Times index finished 0.52 percent lower to 3,132. Australian equities are trading higher; the ASX 200 is 0.83% lower to 6,458.

Equities Crumble on Trump Comments, Geo-Political Events in Focus

May 7, 2019

Headlines from weekend have caused investor sentiment across all major global markets to take on risk averse tone. Both Brexit and Sino-U.S. trade talks are seeing multi-party talks fall due to actions of single key person. Investors now await further headlines before placing major bets causing markets to bleed.