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Bank Stocks, Dollar Slide Hit By Fresh Tax Reform Doubts

U.S. equity futures are little changed as European and Asian shares retreated, led by sliding bank stocks and a drop in the dollar as doubts over republican tax cuts and ongoing bond curve flattening hurt sentiment and prompted fresh questions over the viability of the US expansion. Investor concerns also returned to geopolitics as Trump […]


Full Jackson Hole Agenda Released

While virtually nobody expects anything market shattering, or even moving, to be released during either Janet Yellen’s or Mario Draghi’s speeches tomorrow (recall from our preview what UBS said: “Don’t expect news at Jackson Hole. Chair Yellen has told us what she wants to about normalization, for now. Financial stability matters, but it isn’t new” […]