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Joseph Trevisani

Recent Posts

Mark Carney lEVITATES THE pOUND

Posted by Joseph Trevisani on Jun 28, 2017 3:51:26 PM

The British Pound soared against the dollar by the most in two months as the Governor of the Bank of England, Mark Carney, implied that the bank may need to curb its monetary stimulus.

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Durable Goods Orders Slip in May

Posted by Joseph Trevisani on Jun 27, 2017 3:05:15 PM

New orders for durable goods from businesses and consumers declined in May suggesting that neither sector is strong enough to drive U.S. economic growth beyond the 2.3 percent average of the last three quarters.

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Sterling Outlook Stays Downbeat

Posted by Joseph Trevisani on Jun 23, 2017 12:07:03 PM

Prime Minister Theresa May's election gamble rounded out a disastrous year for the pound sterling.

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WTI STABILIZES IN NEW YORK

Posted by Joseph Trevisani on Jun 22, 2017 5:10:14 PM

After losing more than 4 percent in the first three sessions this week and 17 percent since May 25th, West Texas Intermediate managed a slight gain to Thursday's close, though the American crude standard finished below $43 for the second day in a row, the first time that has happened since last August. 

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Home Sales Rise, Prices Soar to Record

Posted by Joseph Trevisani on Jun 21, 2017 6:19:55 PM

Sales of existing homes rebounded in May returning to near their post-recession high as a tight market pushed  the median selling price to an all-time record.

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