Day: June 1, 2020

US Dollar Losses are Extended, but Momentum Stalls in the European Morning

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Overview:  US stocks extended their gains ahead of the weekend after President Trump shied away from specific actions against China-Hong Kong, and today Hong Kong shares recovered smartly from last week’s 3.6% slide.  The Hang Seng rose 3.3% today, and the Shanghai Composite gained over 2%.  All the markets in the region advanced.  Europe’s Dow …

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June Monthly

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The investment climate in June will be shaped by forces that emerged in May.  Many countries began relaxing lockdowns and various activity-based alternative data, like traffic pattern, Open Table Reservations showed improvement on the margins.  Sentiment surveys, while mostly still depressed, were better than April readings.  The long slog back has begun.  There was also …

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