Breaking News
Get 40% Off 0
⌛ Did you miss ProPicks’ 13% gains in May? Subscribe now & catch June’s top AI-picked stocks early. Unlock Stocks

Michael McCarthy

  • Analysis & Opinion

Michael McCarthy's Comment & Analysis
A complete archive of Michael McCarthy's articles, including current analysis & opinion.

The US dollar pulled back for the first time in three sessions after weaker durable goods data overnight. Undeterred share investors pushed the S&P 500 to within 1% of its record high in an eighth...
Asia Pacific markets are set for a day in the sun after better than expected US jobs data and encouraging comments on trade. Currencies and bonds are steady, shares look set to rise and oil prices are...
Difficulty in resolving the complicated and far-reaching trade dispute between China and the US hit markets overnight. There remains no fixed date for an “all clear” signal as the White...
Share markets globally returned to levels not seen since October last year as bond traders started selling in earnest. Fears remain about the outlook for Europe, but recent data from China and the US...
Growth exposed shares and commodities rallied again overnight despite bond markets flashing red. The FTSE 100 index led the way as the British Prime Minister indicated a greater willingness to...
Growth Rally
By Michael McCarthy - Apr 01, 2019
Better than forecast growth data in China, the US and the UK pushed investors back into shares overnight. Crude oil led industrial commodities higher and bonds sank as markets moved back from fears of...
A series of positive data surprises in Europe and the US on Friday night were compounded by Sunday’s better than expected China PMIs. Oil and base metals traded higher, the US dollar...
In overnight trading bond investors curbed their enthusiasm for lower interest rates, easing pressure on risk assets and calming currency markets. The British pound was a notable exception, slumping...
Markets recovered their risk appetite in overnight trading. Shares rose and bonds fell. The US dollar gained against the euro and yen, but commodity currencies featured as West Texas crude oil pushed...
Ride sharing company Lyft (NASDAQ:LYFT) is currently courting investors as it prepares for an Initial Public Offering. It is expected that Lyft could come to market as early as this week, and reports...