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Here is the ClearWater Market Commentary as of June 14th, 2021:
In this issue:
– Performance of Major Indices
– Market Commentary
– Last Week’s Key Economic Events and Upcoming Events
Performance of Principle Indexes:
As of 2021/06/11- Source: www.marketwatch.com
As of 2021/06/11- Source: www.marketwatch.com
Last week’s and next week’s key economic events:
US economy (S&P 500 0.49%):
Canadian markets (S&P/TSX 0.51%):
Performance 2021: S&P 500/400/600 Sectors
European and Asian economies:
European Central Bank’s (ECB) pledge to continue its high rate of bond
purchases into the coming quarter.
to continue its bond-buying program at the current pace for another quarter.
beyond the June 21 st target date because of the new, faster-spreading “Delta”
variant of the novel coronavirus.
sign that the economic rebound could be stuttering.
boosted by the government lifting the coronavirus quasi-states of emergency in
three prefectures in the face of a steadily declining infection rate.
COVID-19 controls due to a fresh outbreak in the southern coastal city weighed
on sentiment.
talks on improving trade and investment ties, while the U.S. President Biden said
he would review a Trump administrate decision to ban Chinese mobile apps
TikTok and WeChat.
to develop Qinghai province as a clean energy hub and green agricultural
produce supplier.
What to watch this week:
Sources: Bloomberg.com,Yardeni.com, Barron’s.com, Factset.com and Newyorkfed.org
Thank-you for checking out our ClearWater Market Commentary for June 14th, 2021. If you would like to receive the ClearWater Commentary at the start of every week, sign-up for our Newsletter.
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