Category: Shares & Equities

Analysts Predict Trump Inauguration Will Continue Lifting U.S. Bank Stocks

Analysts Predict Trump Inauguration Will Continue Lifting U.S. Bank Stocks

The election of Donald Trump brought with it a considerable rise in many U.S. bank stocks, on the notion proposed during the President-Elect's campaign of reduced regulation and a generally more laissez-faire approach to the banking sector. Significant increases experienced by U.S. banking giants such as Citi Group, Bank of America and JPMorgan Chase subsequent to … Continue reading Analysts Predict Trump Inauguration Will Continue Lifting U.S. Bank Stocks

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U.S. December Job Growth Poorer than Expected

U.S. jobs data was poorer than many analysts had been expecting, with a gain of 156,000 jobs in December, and the unemployment rate rising to 4.7%, representing a 0.1% increase from November 2016. However, U.S. unemployment spent 2016 at record lows, with the highest figure posted apparent in March and April, when jobless figures rose to … Continue reading U.S. December Job Growth Poorer than Expected

Chequered Trading Session for U.S. Shares

U.S. shares post modest results subsequent to their rise in yesterday's trading session on the weak dollar consequent of the release of minutes from the Feds December meeting. Shares in the U.S. performed well yesterday on the weakening of the dollar after the Fed released minutes from its December meeting, and traders and analysts attempted … Continue reading Chequered Trading Session for U.S. Shares