Led by equities in emerging markets, stocks around the world rebounded last week, based on a set of exchange-traded products that represent the major asset classes. The positive results for equities follows a wave of selling in the previous week for global stock markets. Meanwhile, last week’s big losers: broadly defined commodities and investment-grade bonds in the US.
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Daily Archives: November 5, 2018
Macro Briefing: 5 November 2018
Polls give Dems slight edge for House, GOP for Senate: RealClearPolitics
Is Trump’s focus on immigration over the economy hurting the GOP? Politico
What the Dems would do if they take back the House: Bloomberg
China Services PMI: growth slowed to 13-month low in October: CNBC
China’s Xi promises to lift imports and lower trade barriers: Reuters
US payrolls surged in Oct and y-o-y wage gains exceeded inflation: CNBC
US trade deficit with China sets new record in September: MarketWatch
Factory orders in US rose more than expected in September: Reuters
Traders expect volatile week for Treasuries as 10yr yld nears 7yr high: Bloomberg